Ad-hoc Meldungen und Investor Relations

Wizcom Technologies Ltd. :Ad hoc: Wizcom Supplier Threatens to Put Company into Administration - Tiran Fartouk Resigns as Director and Acting CEO

Wizcom Technologies Ltd. /
/
Ad hoc: Wizcom Supplier Threatens to Put Company into Administration - Tiran
Fartouk Resigns as Director and Acting CEO
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Rosh Ha'ayin, February 02, 2012 - Wizcom Technologies Ltd. (Prime Standard: WZM,
IL 0010830706) today announces that one of its suppliers has informed the
Company's Management that if Wizcom does not settle its arrears before long, the
supplier will request the Court to put Wizcom into administration.  The Board
continues its endeavors to find a solution for the current situation but
reiterates it is in doubt Wizcom can continue to operate as a going concern.

Additionally, the Board of Directors of Wizcom announces that Tiran Fartouk has
resigned with immediate effect as Director and acting CEO of the Company.  Upon
request of the Board, Mr. Fartouk will continue as acting CEO until such time as
the Board will appoint a new CEO.



For further information, please contact:

Wizcom Technologies Ltd.
Tiran Fartouk, CEO
13 Hamelacha St.
Rosh Ha'ayin, 48091, Israel
Phone +972-3-9103330
tiran@Wizcomtech.com
http://www.Wizcomtech.com


SCHWARZ Financial Communication
Frank Schwarz
Investor Relations
Germany
Phone +49-611-1745-398-11
Schwarz@schwarzfinancial.com

--- End of Message ---

Wizcom Technologies Ltd.
13 Hamelacha St. Rosh Ha'ayin Israel

WKN: 915856;ISIN: IL0010830706;Index:Prime All Share,TECH All Share;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Bayerische Börse München,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;





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Source: Wizcom Technologies Ltd. via Thomson Reuters ONE

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