Kornit Digital Hires Gabi Seligsohn as CEO, Ofer Ben-Zur to Remain as President and CTO

ROSH-HA`AYIN, Israel, March 3, 2014 /PRNewswire/ --

Kornit Digital, the leading manufacturer and innovator of digital direct-to-garment and textile printing solutions,  today announced the appointment of Mr. Gabi Seligsohn as the Chief Executive Officer of the company.  Ofer Ben-Zur, Kornit's founder, will remain the President and CTO of the company.

Seligsohn joins Kornit from Nova Measuring Instruments (Nasdaq: NVMI), where he served as the President and CEO until August 2013. During that period Seligsohn defined and implemented a strategy which led to significant growth in the Company's net profitability and revenues. His vision and leadership transformed Nova from a single product OEM company to a multiproduct leading edge solution provider. Prior to becoming Nova's CEO, Seligsohn served in several key positions at Nova, including as EVP, Global Business Management Group, President of Nova's U.S. subsidiary, and   VP, Strategic Business Development.  Seligsohn joined Nova after serving as a Sales Manager for key financial accounts at Digital Equipment Corporation. Seligsohn was voted CEO of the year for the Israeli Hi-Tech industry by the Israeli Management Institute in 2010.

"Over the last several years, Kornit has been revolutionizing the textile printing industry by leading the transformation from silk screen printing to digital" said Yuval Cohen, Chairman of the Board of Directors of Kornit.  "As founder and CEO of Kornit, Ofer did a fantastic job, taking his initial idea from concept to what has become a global company, with multiple products, leading edge technology and a strong and innovative team."

"We are delighted that Gabi agreed to join Kornit," said Ben-Zur. "I am sure that Gabi's vast experience will be a true asset to the company and we are excited to welcome him to the team."

Seligsohn stated "I am looking forward to being a part of this most exciting company, working with its innovative team to revolutionize an industry established hundreds of years ago, into a consumer driven engine, able to cater to fast changing needs, varieties and volumes."    

Mr. Cohen posited "I have all the confidence that Gabi, together with Ofer and the rest of the management team, will continue to further enhance the company's growth rate and profitability well into the future.  Gabi's track record in successfully driving growth through strategic initiatives will be extremely valuable, as we seek to further enhance Kornit's market position in the emerging digital printing market for textiles."

About Kornit Digital

Kornit Digital develops, manufactures and markets industrial and commercial printing solutions for the garment, apparel and textile industries. Leading the digital textile printing market with its unique Neo Pigment inks and integrated pretreatment solution, it directly caters to the needs of the entire textile printing value chain from designers to manufacturers.

With its immense experience in the direct to garment market, Kornit Digital is revolutionizing the roll fabric industry with its single step solution that enables printing with one ink set on all types of fabric and with no additional finishing process. Founded in 2003, Kornit Digital is a global company with offices in the United States, Asia Pacific and Europe and serves customers in more than 100 countries worldwide.

For more information, please visit the company's website: http://www.kornit.com, or contact Guy Zimmerman, EVP Marketing and Business Development at: +972-54-640-9999, or by email: Guy.Zimmerman@Kornit.com.

SOURCE Kornit Digital Ltd.