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Pointer Telocation CEO Danny Stern To Step Down, Names David Mahlab Successor

Pointer Telocation Ltd. (PNTR) said that David Mahlab ex CEO & President of Scopus Video Networks Ltd. will be replacing Danny Stern as the company's Chief Executive Officer. Mahlab will commence his office as Chief Executive Officer on February 1, 2011.

The company stated that Danny Stern will be stepping down after more than five and a half years of successful and challenging tenure.

In addition the company stated that David brings with him extensive experience in building successful enterprises and opening new markets.

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