BATM Advanced Communications Limited announced the promotion of Ofer Bar-Ner, current Chief Financial Officer, to Executive Vice President & Chief Operating Officer of BATM and promotion of Moti Nagar, current VP Finance, to Chief Financial Officer with effect from 1 January 2015. In his new role, Mr. Bar-Ner will manage the Medical distribution and sterilization businesses, as well as have responsibility for the strategy and business development of the Medical division, including the genetics business. He will report to the Chief Executive Officer and the Board of Directors and will continue to serve as an executive director on the Board of Directors of the Group.

Mr. Nagar, an Israeli Certified Accountant, joined BATM in June 2014 as VP Finance, assisting Mr. Bar-Ner in discharging his responsibilities as Chief Financial Officer, including regulatory obligations with regards to the London Stock Exchange and Tel Aviv Stock Exchange. Prior to BATM, Mr. Nagar was a Senior Manager at Deloitte from 2011-2014, having joined in the company in 2005. Mr. Nagar will not be appointed to the Board of BATM at the present time.