News
Allot appoints Liat Nahum as new chief financial officer
Hod Hasharon, Israel, May 29, 2024 (GLOBE NEWSWIRE) – Allot Ltda. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced the appointment of Ms. Liat Nahum as the Company’s new Chief Financial Officer. Nahum, who will join Allot on July 1, 2024, brings with him significant international financial and management experience in leadership roles at publicly traded technology companies.
“I am pleased to welcome Liat to our executive team. She will partner with me to usher in a new chapter for Allot, with the goal of driving renewed business success. Liat brings more than twenty years of experience, strong talent, and financial and business leadership at high-profile high-tech companies. I am confident that she will contribute significantly to our financial and business strategy,” said Eyal Harari, CEO of Allot.
“This is an exciting time to join Allot,” said Liat Nahum, Allot’s new CFO. “I look forward to joining the leadership team, contributing the knowledge and perspective I have gained from my extensive industry experience and playing an active role in the success of the organization.”
Prior to joining Allot, Nahum served for more than 20 years in a wide range of financial leadership roles, most recently as Strategic Business Executive and Chief Financial Officer at Amdocs Ltd., a public company listed on NASDAQ, multinational telecommunications technology company specializing in software and services for communications, media and financial services providers and digital businesses. Previously, she served as Vice President of Finance at Taboola Inc, a NASDAQ-listed public advertising technology company that provides sponsored content recommendation links to advertising partners.
Ms. Nahum is a Certified Public Accountant and holds a BA in Finance and Accounting from the University of Haifa and an MBA in Accounting and Business Management from Ruppin Academic Center.
About Allot
(NASDAQ: ALLT, TASE: ALLT) is a leading provider of innovative network intelligence and security solutions for service providers and enterprises around the world, delivering value for its customers. Our solutions are deployed globally for network and application analysis, traffic control and shaping, network-based security services, and more. Allot’s multi-service platforms are deployed by more than 500 mobile, fixed and cloud service providers and more than 1,000 enterprises. Our industry-leading network-based Security-as-a-Service solution is already used by many millions of subscribers around the world. To distribute. See. Control. Safe.
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For more information visit www.allot.com
Safe Harbor Declaration
This release contains forward-looking statements that express the current beliefs and expectations of the Company’s management. Such statements involve a number of known and unknown risks and uncertainties that may cause our future results, performance or achievements to be materially different from the results, performance or achievements set forth in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivable, including our ability to collect outstanding accounts and evaluate their due on a quarterly basis; our ability to meet expectations regarding our financial guidance and outlook; our ability to compete successfully with other companies that offer competing technologies; the loss of one or more significant customers; consolidation and strategic alliances with our competitors; government regulation; the timing of completion of key project milestones that impact the timing of our revenue recognition; lower demand for essential value-added services; our ability to keep up with technological advances and add new features and value-added services; manage long sales cycles; operational risks associated with large projects; our dependence on third-party channel partners for a significant portion of our revenues; and other factors discussed under the heading “Risk Factors” in the Company’s annual report on Form 20-F filed with the Securities and Exchange Commission. The forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or review forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Seth Greenberg Allot +972 549222294 sgreenberg@allot.com Ehud Helft Allot Investor Relations +1 212 378 8040 allot@ekgir.com
