DVTEL Appoints Veteran CEO Zvi Peled As Chief Operating Officer

Zvi Peled will report to DVTEL President and CEO Yoav Stern

DVTEL, INC., the video surveillance solutions provider, has appointed Zvi Peled as Chief Operating Officer. Peled will report to DVTEL President and CEO Yoav Stern, and will assume responsibility for all company operations.

Peled is a seasoned senior executive who most recently served as CEO of Apollo NetworkServices, a private company focused on large defense, energy and transportation projects. He previously held the position of Executive Vice President, Strategic Planning, for Asia Global Technologies, a large security systems integrator. In his prior role as CEO of Flash Networks Ltd., he focused the company's business on the emerging mobile data wireless market. Other previous positions include Vice President of R&D, Vice President of Operations and General Manager of the Telecommunication Division of Elbit Systems Ltd., and the CEO of Bogen Communication International Inc.

Peled will also serve as the company’s Chief Product Officer, replacing Ami Amir, who will continue to serve as an adviser to the CEO on special strategic projects. “I want to thank Ami for his tremendous contribution to DVTEL in a period of unique transition and exciting new product development,” commented Stern. “I look forward to working closely with him as we continue to focus on the next evolution of the company.”

“As for Mr. Peled”, added Stern, “He is a seasoned executive and has led corporations in the United States as well as international organizations. I have worked with Zvi on two occasions in the past and am pleased to welcome him to DVTEL. He is an important addition to our team at a critical growth phase for the company. An excellent manager of people and goals, he has a proven record of success in working with strong R&D and engineering teams, as well as successfully running high-tech businesses. I am convinced his management skills will add value and his personality will set the stage to lead our teams to an exciting expansion in our company’s history”.

“I studied DVTEL’s business model prior to deciding to join the team and it became clear to me that DVTEL is focused on delivering solutions that exceed requirements in scalability, flexibility and functionality to enterprise-class end-users a swell as to the small- to mid-sized business market,” Peled said. “During my career I have learned that matching leading technologies and products with intelligent go-to-market strategies are a key factor for growth. Enabling channel partners to flourish alongside you is also a critical success factor. I was happy to find out that DVTEL is already enabling this practice and therefore, I am very excited to join the team and together, with our channel partners, we shall expand our horizon”.