SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2005
MER TELEMANAGEMENT SOLUTIONS LTD.
(Name of Registrant)
22 Zarhin Street, Ra'anana 43662, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82-________
This Form 6-K is being incorporated by reference into the Registrant's Form S-8
Registration Statements File Nos. 333-12014 and 333-123321.
MER Telemangement Solutions Ltd.
6-K Items
1. Press Release re MTS Names New Corporate COO & CFO dated March 17, 2005.
ITEM 1
Press Release Source: MTS Ltd.
MTS Names New Corporate COO & CFO
Tuesday March 15, 8:30 am ET
- Ori Shachar to Pursue Personal Interests
RA'ANANA, Israel, March 15 /PRNewswire-FirstCall/ -- MTS -- Mer Telemanagement
Solutions Ltd. (Nasdaq SmallCap: MTSL - News), a global provider of operations
support systems (OSS) for comprehensive telecommunication management and
customer care & billing solutions, today announced that it has named Shlomi
Hagai corporate chief operating officer and chief financial officer. Mr. Hagai
replaces Ori Shachar, who is leaving the Company to pursue personal interests.
Shlomi Hagai has served as MTS' financial controller for the past four years.
Prior to joining MTS, Mr. Hagai served as audit team manager in the professional
department of Ernst &Young Israel, supervising private and public companies in
the high-tech, industrial, services and infrastructure sectors.
Eytan Bar, MTS president and chief executive officer commented: "We are
confident that Shlomi's experience with MTS and other public and private
high-tech companies will serve him well as he expands his responsibilities to
encompass all corporate financial and administrative activities."
"We thank Ori for his contributions and wish him well in his pursuits," added
Mr. Bar.
Mr. Shachar will remain with the Company through the reporting of first quarter
results, which are anticipated in early May.
About MTS
Mer Telemanagement Solutions Ltd. is a global provider of operations support
systems (OSS) for comprehensive telecommunication management and customer care &
billing solutions. MTS' OSS is a full-featured customized solution for
telecommunications management and customer care & billing. Its
telecommunications enterprise resource planning (ERP) application suite is used
by corporations and organizations to improve the efficiency and performance of
all telecommunication and information technology (IT) operations, and to
significantly reduce associated costs. Its affordable customer care and billing
(CC&B) solutions are used by service providers and operators to support
sophisticated pre-paid and post-paid billing, web-based self-provisioning,
assets management, help desk, order management, partners management and other
revenue-generating applications. MTS' Customer Care and Billing Solutions (CC&B)
offer centralized revenue and user management, as well as real-time billing to
operators and service providers.
Headquartered in Israel, MTS markets through wholly owned subsidiaries in the
U.S., Hong Kong, Holland and Brazil and through OEM partnerships with Siemens,
Phillips, and other PABX vendors. Its legacy call accounting solutions have been
installed by over 60,000 customers in 60 countries. MTS' shares are traded on
the NASDAQ SmallCap Market (symbol MTSL). For more information please visit the
MTS web site: http://www.mtsint.com
Certain matters discussed in this news release are forward-looking statements
that involve a number of risks and uncertainties including, but not limited to,
risks in product development plans and schedules, rapid technological change,
changes and delays in product approval and introduction, customer acceptance of
new products, the impact of competitive products and pricing, market acceptance,
the lengthy sales cycle, proprietary rights of the Company and its competitors,
risk of operations in Israel, government regulations, dependence on third
parties to manufacture products, general economic conditions and other risk
factors detailed in the Company's filings with the United States Securities and
Exchange Commission.
Contacts:
Rachel Levine
Investor Relations
The Anne McBride Company, Inc.
Tel: 212-983-1702 ext. 207
E-mail: rlevine@annemcbride.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MER TELEMANAGEMENT SOLUTIONS LTD.
(Registrant)
By: /s/Eytan Bar
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Eytan Bar
President and
Chief Executive Officer
Date: March 17, 2005