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TTI Team Telecom finance chief to depart



By AP
21 July 2008 @ 02:06 pm EST

NEW YORK - TTI Team Telecom International Ltd. said Monday its chief financial officer has resigned and it launched a search for his successor.

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The Israeli communications services support company did not give a date when CFO Israel (Eli) Ofer will leave the company, but said he will continue in the post until a new finance chief is found. The company expects the search and transition to take several months.

U.S.-traded share of TTI Team Telecom slipped 2 cents to $1.97 in afternoon trading.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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