HOD HASHARON, Israel, November 10, 2016 /PRNewswire/ -- Allot Communications Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of security and monetization solutions that enable service providers to protect and personalize the digital experience, today announced that its Board of Directors has elected Mr. Yigal Jacoby as its new Chairman. Mr. Jacoby co-founded Allot in 1996 and served as its CEO until 2006, as Chairman of the Board until 2008, and as a Board member since. In recent years, he invested in and worked with several startup companies primarily in the Mobile, Media, and Security industries. Mr. Jacoby succeeds Mr. Shraga Katz, who has served as chairman of the Board since 2008. "I am honored to have worked with Shraga Katz and greatly appreciate his contribution to the company and to me personally," commented Andrei Elefant, President & CEO of Allot Communications "I am excited to have Mr. Jacoby return to the Chairman position and I am confident that the company will benefit from his vast experience, entrepreneurial spirit and understanding of market trends. Furthermore, his insight as founder of Allot is second to none. This experience will be particularly valuable at the critical juncture we are currently in, given the changes in our market place and within our organization, as we continue our shift towards security solutions." "Allot has always been a pioneer in its industry with unique value added solutions. This continues today with its innovative approach to security solutions." Stated Yigal Jacoby "I would like to thank Shraga for his contribution to the company and achievements over the past 8 years, and I am very excited to assume the role of Chairman and to continue to serve the company. I have great confidence in Allot's people, technology and vision."