SMT, PCB Electronics Industry News

Valor Appoints New President at Valor Computerized Systems, Inc

Feb 08, 2006

APEX 2006, Anaheim CA � 8th February, 2006 � Valor Computerized Systems [FWB: VCR], the leader in productivity-enhancing solutions for the electronics industry, has announced the appointment of Ori Braun as the new president of Valor Computerized Systems, Inc. His appointment rounds out Valor�s management team, bringing an executive with extensive industry and management expertise on board. Braun will be based at Valor�s US headquarters in Foothill Ranch, California.

Ori Braun joins Valor from medical electronics company Life Watch, Inc, where he was president of the $40 million business. Prior to this role Ori held various CEO and management positions, and founded many high technology companies including Helios Software Engineering Ltd (simulation products) that he sold to Cadence Design Systems in 1990, after which he then directed the Cadence Analysis Group.

Current Valor, Inc president and electronics industry veteran, Chuck Feingold, is moving to a new position on Valor�s Board of Directors. Commenting on his successor, Chuck said, �We are very pleased to welcome Ori to the Valor management team. His entrepreneurial flair and proven track record in successfully growing companies is outstanding � and will be a tremendous asset to our US organization. His appointment will enable me to focus my efforts at Board-level on the expansion of the company at the global level.�

Ofer Shofman, CEO at Valor, added, �During the past 14 years, Chuck has built a successful organization in the States. We thank him for his tremendous contribution and look forward to his continued involvement at board level. The addition of Ori to the team, bringing fresh ideas and wide industry experience, strengthens our company further. In 2005 we achieved the best ever year in terms of revenues, running at nearly 20% up on the previous year. We start 2006 with a strong order book, new people, a portfolio of industry-leading productivity solutions and a first class reputation in customer service. With exciting new solutions in development due for release later this year, we are well positioned to penetrate new markets and realize the company�s aggressive growth strategy.�

When asked what attracted him to Valor, Ori Braun responded that it was a combination of the company�s leadership, solutions and reputation in the industry. �Valor is on its way to become the leader in the assembly market, offering superb NPI and MES solutions built on first-class technology. As the vendor of choice for global electronics companies, the company�s vision in helping manufacturers rise to the challenges of change, complexity and competition presents a great opportunity to further Valor�s penetration in North, Central and South America.�

About Valor

Valor Computerized Systems develops compelling technologies for simulating and optimizing the manufacture of printed circuit boards. Valor's breakthrough technologies for product design analysis, simulation and optimization of PCB assembly, and Manufacturing Operations Management increase productivity, yield and quality, and help streamline and accelerate product innovation in a fast-paced global market. Valor is listed on the Prime Standard of the Frankfurt Stock Exchange [WKN 928731]. Its customer base includes the majority of Tier I and Tier II companies in the electronics industry, most of which are Fortune-500 companies. More information on Valor can be found on http://www.valor.com.

Contact Information

Valor Corporate:

Alon Erlich

Valor Computerized Systems, Ltd.

alon.erlich@valor.com

Tel: +972-(0)8-943-2430

Editor Contact:

Cathryn Hage

Anderson Burnbreck PR

cathryn-h@andburn.co.uk

Tel: +44 1242 518399

Fax: +44 1242 221387

Jan 19, 2010 -

Symetrics Industries Purchases Valor’s Automated DFM Verification Software

Nov 02, 2009 -

Technical Resources Corp. to Feature Valor’s Manufacturing Visibility and Management Software Tools at SMTA Space Coast Expo 2009

Feb 21, 2007 -

Valor Announces vPlan - Breakthrough in Assembly Process Engineering

Feb 14, 2007 -

Valor Appoints New European President

Dec 21, 2006 -

Valor Signs Agreement with TsingHua University, Beijing

Dec 06, 2006 -

Valor Partners with MYDATA

Nov 08, 2006 -

Valor Reports Q3 2006 Results

Nov 01, 2006 -

Valor Chosen by Hitachi France for Optimized Pre-production Engineering

Sep 27, 2006 -

Valor Announces vShare

Sep 12, 2006 -

Valor Acquires Electronics Assembly MES Technologies from EO Tech GmbH

5 more news from Valor Computerised Systems Ltd »

Sep 21, 2017 -

Logic PD Sponsoring, Exhibiting at American Medical Device 2017

Sep 20, 2017 -

Viscom AG adopts Valor Process Preparation solution for electronics manufacturing efficiency

Sep 20, 2017 -

COT Announces PB Swiss Tools’ Two New INSIDER Models: INSIDER STUBBY and INSIDER STUBBY RATCHET

Sep 20, 2017 -

New IPC Studies Show World PCB Market Up in 2016 as North American Market Shrinkage Slows World PCB Production and Annual North American PCB Industry Reports Released

Sep 20, 2017 -

ADLINK Technology invites clients to join the MEC Congress 2017

Sep 19, 2017 -

ASC International to Highlight 3D AOI/SPI Innovations at SMTA International

Sep 19, 2017 -

MicroCare Presents Radically Innovative ‘Greener’ Cleaning Fluid at Parts2Clean Stuttgart Hall 3 Stand A46

Sep 19, 2017 -

Aegis Software’s FactoryLogix a major step on Melecs journey towards Industry 4.0

Sep 19, 2017 -

IPC Invites Industry Leaders to Submit Poster Abstracts for IPC APEX EXPO 2018 in San Diego

Sep 19, 2017 -

SCS Webinar to Address the Use of Parylene for Increased Reliability

See electronics manufacturing industry news »

Valor Appoints New President at Valor Computerized Systems, Inc news release has been viewed 848 times

reflow oven profiler

Nitrogen Capable SMD & BGA Rework Station