Micronet Ltd names new CEO

7 July 2014

Micronet Enertec Technologies, Inc. (NASDAQ: MICT) said that its subsidiary, Micronet Ltd., has appointed Shai Lustgarten as CEO, effective July 1, 2014.

Lustgarten was formerly executive VP of business development for Micronet Enertec Technologies since late 2013. He holds a B.Sc of business management and computer science from the University of Maryland.

Micronet Enertec Technologies operates through two companies, Enertec Systems 2001 Ltd, its wholly-owned subsidiary, and Micronet Ltd, in which it has a controlling interest. For more information visit: www.micronet-enertec.com,

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