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IncrediMail Appoints Mobile And Telecommunication Executive Alan Gelman To Board Of Directors; Ofer Adler To Step Down

Stocks in this article: MAIL

IncrediMail Ltd. (Nasdaq: MAIL), a digital media company that builds downloadable personal productivity consumer products, today announced that Alan Gelman, CFO and Deputy CEO of Bezeq, Ltd., joined IncrediMail’s Board of Directors. Mr. Gelman is replacing Ofer Adler who will be leaving the Board of Directors effective immediately.

“We are extremely excited to have Alan Gelman join our board. Alan brings extensive experience in the mobile and telecommunications markets which will be a valuable asset as we look to extend our product portfolio to the mobile platform,” said Josef Mandelbaum, IncrediMail’s CEO. “I believe Alan’s background in finance and telecommunications as well as his experience working with large public companies will provide us with extremely valuable guidance as we continue to move forward and execute our growth strategy.”

Mr. Gelman has been a senior executive with all of Israel’s largest telecommunication and mobile companies. Currently he is Chief Financial Officer and Deputy Chief Executive Officer of Bezeq, The Israel Telecommunication Corp. Ltd. (TASE: BEZQ), Israel's leading telecommunications provider. Prior to Bezeq, he held various executive positions including: Chief Financial Officer and Deputy CEO at Delek Group Ltd.; Chief Financial Officer of Partner Communications Company; and Chief Financial Officer of Barak ITC. Mr. Gelman is also a licensed CPA in the USA and Israel and he holds a BA in Accounting from Queens College and an MBA from Hofstra University.

Ofer Adler, one of IncrediMail’s founders who is stepping down from the Board of Directors said, “I have tremendous confidence in IncrediMail management and believe in the Company’s new direction. When I hired Josef as CEO in August of 2010, I had high hopes that he would take the business to new places and with the first acquisition behind us it feels like the right time to move on.”

Mandelbaum concluded, “There is no way we can properly thank Ofer, the founder of the Company, for his contributions. Therefore I will let the merits of what he accomplished speak for themselves. On a personal note, I would like to thank Ofer for all he has done for me and I truly appreciate the advice insight and expertise he brought to the Board. I know this isn’t goodbye and I am sure I will be calling him frequently in the future.”

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