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Article: NUR Macroprinters Reports the Appointment of Menahem Rafael to the Board of Directors.
- Article from:
- Business Wire
- Article date:
- June 15, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOD, Israel -- NUR Macroprinters Ltd. (Pink Sheets:NURM), a leading supplier of wide-format inkjet production printing systems for the out-of-home advertising market, today announced that Marc Lesnick, a member of NUR's Board of Directors, resigned from the board of directors and was replaced by Menahem Raphael. In connection with the previously announced $12 million private placement (the "Private Placement") led by Fortissimo Capital Fund GP, LP ("Fortissimo"), NUR agreed to increase the size of its Board of Directors to seven members, four of whom, including Mr. Lesnick, were nominated by Fortissimo. Kanir Joint Investments (2005) Limited Partnership ("Kanir") ...