July 27, 2006
Telrad Connegy, Ltd. moves to new location
Telrad Connegy, Ltd. has moved to its new headquarters in Petach Tikvah, Israel. The new address is 25, Basel Street, Kyriat Arieh, Petach Tikvah 49001, Israel.
The Israel-based operation of Telrad Connegy includes the global headquarters, the Research and Development Division and the manufacturing operations, and handles the marketing of the Company's products for EMEA (Europe and the Middle East).
The Company’s relocation concludes its separation from its former parent company, Telrad Networks, a process started last February.
Currently embarked in a sweeping expansion drive, the Company is hiring dozens of R&D, Marketing and Sales people worldwide.
According to Telrad Connegy’s CEO, Mr. Zvika Bar, moving to the new headquarters is a milestone in the Company’s recovery process: “In recent months, Telrad Connegy has undergone a comprehensive re-organization which is already coming to fruition. The Company is now capable, for the first time in years, to expand its operation, increasing its human capital in the areas of R&D, Customer Service and Sales. With a new impetus to develop new products, Telrad Connegy is going to reposition itself at the forefront of technology”, said Mr. Bar.