Actelis Networks Names Tuvia Barlev, Current Chief Executive Officer and Co-Founder, as Chairman of the Board

FREMONT, Calif., November 24, 2009 - Actelis Networks®, the leading global supplier of Ethernet over bonded copper solutions, today announced that current board member and longtime Chief Executive Officer Tuvia Barlev has been elected Chairman of the Board, effective immediately. Mr. Barlev will now hold the title of Chairman and CEO of Actelis Networks. Former chairman, Kamran Elahian, will remain as a director on the Actelis board. Elahian co-founded Actelis with Mr. Barlev in 1998.
“Kamran is a serial entrepreneur and chairman of Global Catalyst Partners,” commented Barlev. “His leadership and business acumen have been instrumental in the success of Actelis, and he will continue to play a major role in the company’s growth. I am very grateful for Kamran’s guidance over the years and look forward to his continued contributions.”

With more than 200 service provider customers worldwide, Barlev has been instrumental in establishing Actelis as the #1 global supplier of Ethernet in the First Mile over bonded copper solutions, as recently recognized by industry analysts Infonetics Research and Frost & Sullivan.

“I am pleased to accept the role of Chairman of the Board for Actelis,” said Barlev, who started the company in 1998 after holding top management positions at high-speed communications companies. “This is a very exciting time for Actelis as we continue to experience significant growth in our market. I look forward to my expanded role where I will be working closely with the board and my fellow Actelis employees to execute on our long-term strategy and prepare for another successful year in 2010.”