BNET Industries

Market Cap:$20.3M
Last Fiscal Year Sales:$20.8M
  • Public
  • IL
Dow Jones Description

ECtel (NASDAQ: ECTX) is a leading global provider of Integrated Revenue Management (IRM ) solutions for communications service providers. A pioneering market leader for over 15 years, ECtel offers carrier-grade solutions that enable wireline, wireless, converged and next-generation operators to fully manage their revenue and cost processes. ECtel IRM Product Framework features the world-leading fraud and revenue assurance products, FraudView and RAP that minimize operator revenue leakage across networks and operations support systems (OSSs). ECtel serves prominent tier one operators, and has more than 100 implementations in over 50 countries worldwide.

President & CEO
Itzik Weinstein
Number of Employees 198
Contact Information

10 Amal Street Park Afek

Rosh Ha'Ayin 48092

www.ectel.com

(972) 3 9002115

NAICS Code Telephone Apparatus Manufacturing: 334210

Recent Events

  • ECtel Announces Third Quarter 2009 Financial Results

    11/05/09 - Financial Announcement - View Story

  • Market Report -- In Play ()

    9/15/09 - Licensing / Contract - View Story

  • Vivo, a Leading Brazilian Mobile Provider, Selects ECtel's Latest Version of Fraud-Management Platform

    7/29/09 - Licensing / Contract - View Story

News & Analysis

ectel ltd. - All News and Analysis

  • Vivo, a Leading Brazilian Mobile Provider, Selects ECtel's Latest Version of Fraud-Management Platform

    - 2009-07-29

    In Cooperation With Long-Term Partner Bull, ECtel Will Provide Vivo With a Portuguese Version of FraudViewR 8.2, the Company's Leading Fraud-Management Solution ROSH HA'AYIN, Israel, July 29 /PRNewswire-FirstCall/ -- ECtel Ltd. , a leading provider of Integrated Revenue ManagementTM (IRMR) solutions for communications service providers, announced...

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  • ECtel Schedules Second Quarter Results Release for Wednesday, August 5th, 2009

    - 2009-07-08

    Management to Host Conference Call Later the Same Day ROSH HA'AYIN, Israel, July 8 /PRNewswire-FirstCall/ -- ECtel Ltd. , a leading global provider of Integrated ManagementTM (IRMTM) solutions, today announced that it will be releasing its Second Quarter 2009 Financial Results on Wednesday, August 5th, 2009....

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  • ECtel Ltd. Review in Progress.

    - 2008-03-18

    M2 PRESSWIRE-18 March 2008-The Maybach Review: ECtel Ltd. Review in ProgressC1994-2008 M2 COMMUNICATIONS LTD RDATE:18032008 MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth about investing and how to...

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  • Roaming assurance solution launched as art of ECtel's IRM family

    - 2007-09-21

    TELECOMWORLDWIRE-21 September 2007-Roaming assurance solution launched as art of ECtel's IRM familyC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com ECtel Ltd (NASDAQ: ECTX), a provider of Integrated Revenue Management IRM solutions, has announced that its IRM application helps operators to comply with the GSMA NRTRDE (Near Real-Time Roaming Data Exchange) initiative. ...

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  • Current Research on ECtel Ltd.

    - 2007-04-12

    M2 PRESSWIRE-12 April 2007-Small Cap News: Current Research on ECtel Ltd.C1994-2007 M2 COMMUNICATIONS LTD RDATE:12042007 ECtel makes it easier for telecom service providers to tell where their money is going. The company provides telecom companies with tools for monitoring networks, managing...

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  • The Bellwether Report continues its watch of ECtel Ltd.

    - 2005-09-26

    M2 PRESSWIRE-26 September 2005-bellwetherreport.com: The Bellwether Report continues its watch of ECtel LtdC1994-2005 M2 COMMUNICATIONS LTD RDATE:26092005 Today the Bellwether Report has identified ECtel Ltd (NASDAQ:ECTX), a company that our analysts will be tracking over the ensuing weeks. They recently...

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  • Verint To Acquire Communications Interception Business From ECtel

    - 2004-02-11

    Software developer Verint Systems [VRNT] on Monday said it has agreed to acquire the government surveillance business of Israel's ECtel Ltd. [ECTX] for $35 million in cash, giving it additional communications interception capabilities for the mass collection and analysis of voice and data communications. Verint, based in Melville, N.Y.,...

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  • Speculation continues about Verint Systems prospective acquisition of

    - 2004-01-09

    Communications-intercept provider Verint Systems Inc.'s prospective acquisition of an Israeli competitor would expand its global footprint and create openings in new markets, an analyst said. Under the deal, which has been rumored for months, Verint would acquire all or part of Petah Tikvah-based ECtel Ltd., a majority owned...

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  • Now Broadcasting To ECtel Ltd. L I V E !!

    - 2001-02-06

    M2 PRESSWIRE-6 February 2001-IBC.Tv: Now Broadcasting To ECtel Ltd. L I V E !! C1994-2001 M2 COMMUNICATIONS LTD RDATE:05022001 IRVINE - IBCtv is pleased to unveil to ECtel Ltd. shareholders "Broadband Business, Finance and Exchange Everywhere" at www.ibc.tv ....

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  • Cable &Wireless Chooses ECTEL'S FraudView Solution: Order Valued At About $1.8 Million

    - 2000-01-20

    Business Editors PETAH TIKVA, Israel--BUSINESS WIRE--Jan. 20, 2000 ECTEL LTD. (NASDAQ: ECTX) announced today that it has received an initial order from the Cable &Wireless Group (C&) for its FraudViewTM solution worth approximately $1.8 million. C& ordered the ECtel system after a competitive bidding process including a successful...

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Decision Makers

Name (plus bio) Position
Itzik Weinstein President & CEO
Michael Neumann Senior Vice President & Chief Financial Officer
Ron Fainaro Executive Vice President and Chief Financial Officer
Sami Totah Senior Vice President & Chief Operations Officer
Benny Yehezkel Executive Vice President, Worldwide Marketing & Sales
Benny Glazer Senior Vice President, Sales
David Ronen Senior Vice President of Strategy & Business Development
Hanun Dvey-Aharon Senior Vice President Products & Professional Services
Nancy Yavne Senior Vice President, R & D
Bruno Escojito Vice President, Marketing, Sales
Eliezer Geller Vice President, Operations & Engineering
Hadar Solomom General Counsel, Vice President & Secretary
Hadar Solomon Vice President & Legal Counsel
Itzik Dvir Vice President, Res
Liat Inbar-Arad Vice President for Human Resources
Michael Bar Joseph Vice President, R & D
Michael Bar-Joseph Vice President, Research and Development
Yoav Geva Vice President Corporate Development
Yova Geva Vice President, Prof Services & Operations
Dana Rubin Marcom Manager
Chris Denis Coordinator, Investor Relations
Rami Entin Director
Bruno Lamborghini Member

Board of Directors

Name (plus bio) Position
Eitan Naor Board of Directors
Harel Beit-On Board of Directors
Jonathan Kolber Board of Directors
Mali Baron Board of Directors
Raanan Cohen Board of Directors
Talia Livni Board of Directors

Itzik Weinstein assumed the position of President & CEO in May 2007 after serving as the Company's Executive Vice President for Professional Services and Operations from 2004. Mr. Weinstein brings to ECtel significant management experience and a strong track record in the hi-tech industry, which includes positions as Vice President, Customer Services & Product Management at VocalTec, Engineering Site Manager at NetManage, Software Engineering Manager of KLA-Tencor Corporation's optical metrology division, as well as software engineering and project management positions at Scitex Corporation, Electronics Images Technology and Intel Corporation. Mr. Weinstein earned an MBA from the Kellogg-Recanati Executive MBA Program of Tel Aviv University and a B.Sc. in Computer Engineering from the Technion Institute of Technology.

Organization Position Status
ECtel Ltd. President & CEO Current
ECtel Ltd. Senior Vice President, Operations Former
KLA-Tencor Corporation Engineering Manager Former
NetManage, Inc. Engineering Site Manager Former
Tel Aviv University MBA Former
Technion-Israel Institute of Technology B.Sc. In Computer Engineering Former

Michael Neumann serves as Senior Vice President and Chief Financial Officer since July 2007. Neumann brings to the position significant management experience and a strong track record in the telecom industry. Neumann joined ECtel from Cellcom Israel Ltd., the leading Israeli cellular company, where he served for the past 12 years in various executive and managerial positions. At the end of his tenure he served as Cellcom's interim CFO. Prior to Cellcom, Michael served as Finance manager at Fibronics, where he was responsible for the company's worldwide financial activities. He holds a B.Sc. in Economics and Management from the Technion-Israeli Institute of Technology.

Organization Position Status
ECtel Ltd. Senior Vice President & Chief Financial Officer Current

Organization Position Status
ECtel Ltd. Executive Vice President and Chief Financial Officer Current
Afi-Group, Inc. CFO Current
Ugs Tecnomatix Cfo Former
NASDAQ OMX Group, Inc. CFO Former
Ugs Tecnomatix Vice President of the American Operations Former
Tel Aviv University B.A In Accounting Former
Technion-Israel Institute of Technology B.Sc In Physics and Materials Engineering Former

Organization Position Status
ECtel Ltd. Senior Vice President & Chief Operations Officer Current
ECtel Ltd. Board of Directors Current

Benny Yehezkel joined Ectel following its acquisition of Elron TeleSoft Ltd. now the Telesoft division of ECtel. Mr. Yehezkel brought Elron TeleSoft to a leading position in the RA market by developing state-of-the-art product offering and establishing international marketing and sales presence and winning top tier customers. Prior to Elron Telesoft, Mr. Yehezkel served in various additional executive positions in the Elron Electronic Industries Group, including VP of Business Development of Elbit Ltd, CEO of Dealigence Inc. and CEO of ICC Ltd. Previously, Mr. Yehezkel was the CEO of Sintec Call Centers (SCC), a Formula group company, which was sold to Magic Software Enterprises and became part of their $100M secondary offering in 2000. Mr. Yehezkel holds an MBA from Tel-Aviv University and a B.Sc. in Computer Science from the Technion Israel Institute of Technology.

Organization Position Status
ECtel Ltd. Executive Vice President, Worldwide Marketing & Sales Current
Telesoft Corp. Senior Vice President Former
Tel Aviv University MBA Former
Technion-Israel Institute of Technology B.Sc. In Computer Science Former

Organization Position Status
Celtro, Ltd. Executive Vice President, Worldwide Sales Current
ECtel Ltd. Senior Vice President, Sales Current
Alvarion Ltd. Vice President Current
Tel Aviv University M.B.A. degree Former
Ben-Gurion University of the Negev B.Sc. degree in Electrical Engineering Former

David Ronen serves as Senior Vice President for Marketing & Strategy since December 2005. Mr. Ronen brings to ECtel 14 years of experience in the telecommunications industry, network management, and technology. David Ronen has been with ECtel since October 2001, serving as AVP for Business Development. At that capacity, he focused on the company's Revenue Assurance product line, on business development, and on strategy. Prior to ECtel, David has Co-Founded NetEye Corp., which developed the first Fraud & Security Solution for IP and 3G network operators, and was acquired by ECtel. Prior to NetEye, Mr. Ronen served at various R&D management positions in Telrad Networks. Mr. Ronen holds a BA in Computer Science from The Open University in Tel Aviv, with honors.

Organization Position Status
ECtel Ltd. Senior Vice President of Strategy & Business Development Current
Open University BA In Computer Science Former

Organization Position Status
ECtel Ltd. Senior Vice President Products & Professional Services Current
TTI Team Telecom International Ltd. Vice President, Operations Current
Elbit Systems Limited Technical Director Former
Technion-Israel Institute of Technology D.Sc. In Physics Former
Case Western Reserve University M.Sc in Computer Sciences Former

Organization Position Status
ECtel Ltd. Senior Vice President, R & D Current

Organization Position Status
ECtel Ltd. Vice President, Marketing, Sales Current

Organization Position Status
ECtel Ltd. Vice President, Operations & Engineering Current

Organization Position Status
ECtel Ltd. General Counsel, Vice President & Secretary Current

Hadar Solomon joined ECtel in March 2003 and has served as Vice-President and Legal Counsel since May 2003. From February 2002 until March 2003, Mr. Solomon was Managing Director of Lumenis Luxembourg Sarl, Schaffhausen Branch. Prior to that, Solomon served as Executive Vice President, General Counsel and Corporate Secretary of Lumenis Ltd. and as Vice President, Corporate Affairs, General Counsel and Secretary of Laser Industries Ltd. since May 1988. Mr. Solomon is a Graduate of the Faculty of Law of the Hebrew University of Jerusalem.

Organization Position Status
ECtel Ltd. Vice President & Legal Counsel Current
Laser Industries, Inc. Executive Vice President Former
Lumenis Ltd. Executive Vice President Former
Laser Industries, Inc. Vice President, Corporate Affairs Former
Lumenis Ltd. General Counsel Former
Laser Industries, Inc. General Counsel Former
Laser Industries, Inc. Secretary Former
Lumenis Ltd. Board of Directors Former
The Faculty Former

Organization Position Status
Shiron Satellite Communications Ltd. Coo Current
Shiron Satellite Communications Ltd. Vice President of R&D Current
ECtel Ltd. Vice President, Res Current
ECtel Ltd. Director of Project Department Former
Tel Aviv University B.Sc Former

Liat Inbar-Arad serves as Vice President for Human Resources and a member of ECtel's executive management team since October 2007. Ms. Inbar-Arad brings to ECtel significant managerial experience together with vast experience in Human Resources. She joined ECtel from Finjan Software where she served as Vice President Human Resources. Prior to Finjan Software Ms. Inbar-Arad was the organizational development and training manager of Orbotech (Nasdaq: ORBK). Prior to that, she served as training development manager at ECI Telecom. Previously, Ms. Inbar-Arad held various lecture and research positions at the Open University and Tel-Aviv University. Ms. Inbar-Arad holds an M.A. in Labor Studies and a B.A. in Humanities from Tel-Aviv University, with honors.

Organization Position Status
ECtel Ltd. Vice President for Human Resources Current
ECtel Ltd. Training Development Manager Former
Orbotech Ltd. Manager Former
ECI Telecom Ltd. Development Manager Former
Open University Former
Tel Aviv University M.A. In Labor Studies Former
Tel Aviv University B.A. In Humanities Former

Organization Position Status
ECtel Ltd. Vice President, R & D Current

Michael Bar-Joseph joined ECtel in January 2008 as Vice President R&D. Prior to joining ECtel, Mr. Bar-Joseph served as General Manager Skyrider’s center in Israel, where he led and managed many innovative developments in the P2P arena. Prior to Skyrider, he was Executive VP of R&D at Red Bend Software, the world’s leading provider of over-the-air software updates for mobile devices, successfully installed in Nokia, Sony Ericsson and other major enterprises. Previously, Mr. Bar-Joseph was the General Manager of Tundo Communication and Telephony Ltd., where he managed the R&D and engineering efforts for the company’s industry-leading IP telephony system. Prior to that, Mr. Bar-Joseph led an engineering team at RAD Data Communications, where he was responsible for designing and delivering the company’s key products. He also was senior software engineer at Advanced Technology Ltd., and software engineer at Israel Aircraft Industries. Mr. Bar-Joseph received his B.Sc. in Aeronautical Engineering from the Technion, Israel Institute of Technology, with honors.

Organization Position Status
ECtel Ltd. Vice President, Research and Development Current
Skyrider, Inc. General Manager, Israel Current
Telephony, Inc. General Manager Former
Advanced Technology Incorporated Senior Software Engineer Former

Organization Position Status
ECtel Ltd. Vice President Corporate Development Current
Tel Aviv University MBA Former
Tel Aviv University BA In Economics Former

Organization Position Status
ECtel Ltd. Vice President, Prof Services & Operations Current

Organization Position Status
ECtel Ltd. Marcom Manager Current

Organization Position Status
ECtel Ltd. Coordinator, Investor Relations Current

Organization Position Status
ECtel Ltd. Board of Directors Current
ECtel Ltd. Chief Executive Officer Former
ECtel Ltd. President Former
Amdocs Limited Vice President Former

Organization Position Status
ECtel Ltd. Board of Directors Current
ECtel Ltd. Chairman Former

Organization Position Status
Koor Industries Ltd. Chairman Current
ECtel Ltd. Board of Directors Current
ECI Telecom Ltd. Board of Directors Current
Koor Industries Ltd. Chief Executive Officer Former
Salomon Brothers Inc. Financial Analyst Former
Makhteshim-Agan Industries Ltd. Board of Directors Former

Mali Baron has served as an ECtel Director since August 2007. Ms. Baron also has served as member of the Investment Committee of Phoenix Investment and Finances Ltd. Prior to that, she was Senior Assistant General Manager, Head of Branches and Mortgages Division, in Mercantile Discount Bank. Previously, she served as Deputy Director of the Budget Department of the Ministry of Finance.

Organization Position Status
ECtel Ltd. Board of Directors Current

Organization Position Status
Orbotech Ltd. Chief Executive Officer Current
Koor Industries Ltd. Chief Executive Officer Current
Makhteshim-Agan Industries Ltd. Board of Directors Current
Telrad Networks Ltd. Board of Directors Current
ECtel Ltd. Board of Directors Current
Scailex Corporation Ltd. Chief Executive Officer Former
Scailex Corporation Ltd. President Former
Orbotech Ltd. President Former
The Strategy Company Co-President Former
Orbotech Ltd. Product Line Manager Former
Telrad Networks Ltd. Programmer Former
McKinsey & Company, Inc. Associate Former
S. Horowitz & Co. Attorney Former
Kellogg School of Management at Northwestern University MBA Former
Tel Aviv University Bachelors Degrees In Law Former

Rami Entin has served as an ECtel Director since June 2004. Prior to that, Mr. Entin was Chairman of the Hashavim group. Previously, he was Co-Chief Executive Officer and a Director of Hilan-Tech Ltd., and Financial Manager and a Director of Hilan Ltd. A certified Israeli accountant, Mr. Entin also worked at the Kesselman & Kesselman accounting firm. Currently, he is a Director of MaccabiDent, and an External Director of Solomon Holdings Ltd. Mr. Entin has an MBA and a BA in Accounting and Economics from Tel Aviv University, and is a graduate of the Advanced Management Program at Harvard University.

Organization Position Status
ECtel Ltd. Director Current
Tel Aviv University MBA Former
Tel Aviv University BA In Accounting and Economics Former

Organization Position Status
Lumenis Ltd. External Director Current
ECtel Ltd. Board of Directors Current
University of Haifa M.A. Degree In Social Sciences Former
Hebrew University of Jerusalem L.L.B Degree Former
National Security Academy Former

Bruno Lamborghini began his career as a consultant and journalist and afterwards joined Olivetti where he reached managerial responsibilities as chief economist, head of European Affairs, Vice President of Corporate Stategy and member of the Executive Committee. In June 1996 he was nominated Vice-Chairman of Olivetti Telemedia, the Olivetti a s holding in the area of telecommunications and Board Member of Infostrada and Omnitel, the Olivetti telecommunications operating companies. In October 1996 he joined the Olivetti Board of Directors and in May 1997 was elected Chairman of Olivetti Lexikon (in 2001 renamed Olivetti Tecnost), the Olivetti operating company in the area of office automation. He has been Chairman of Olivetti Tecnost until December 2004. In April 1990 he was appointed President of EUROBIT (European Association of Manufacturers of Business Machines and Information Technology Industry) and reelected in 1993 and 1996 (until 1999). In 2000 he has been elected Member of the Board of EICTA (European Information Technology Industry Association, created through the merge of Eurobit and Ectel). Since its foundation, he is Chairman-Editor of the EITO, the European Information Technology Observatory, a European consortium created in 1993 with the scope of publishing the EITO Report, the most extensive overview of the European market for information and communication technologies. In 1999 he has been elected Chairman of the OECD BIAC MNES Committee and in 2001 Chairman of BIAC (Business Industry Advisory Committee to the OECD). An author of books and articles and a lecturer in Industrial Economics in various Italian Universities (Turin, Bologna and Milan), since 1994-95 he has been a professor in the first course held in Italy on Information Society at the Catholic University in Milan and in 2002-2003 a professor of Business Administration and Marketing Strategy at the same University.

Organization Position Status
ECtel Ltd. Member Current
Olivetti Corporation Consultant Current
Olivetti Corporation Chairman Current
Olivetti Corporation Vice President of Corporate Former
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ECTX $1.25 +0.01 (0.81% )
Volume 227,472
Shares Outstanding 16.2M
Market Cap 20.3M
Year High 1.25
Year Low 0.1488
Earnings Per Share -1.070
P/E Ratio N/A
Dividend 0.00
Yield 0.00
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