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Officer of the court appointed to direct Press-sense forward after two major investors pull outWednesday, March 10, 2010 Press release from the issuing company Or Akiva, Israel - Press-sense confirmed today that their two major investors, Vertex and Evergreen, have ceased investing in the company. Plenus, an investment lending fund that loaned Press-sense $5m in 2008, has petitioned the Israeli court to appoint an Officer of the Court to direct Press-sense going forward. The court has appointed Adv. Paz Rimer to supervise and direct the company. Adv. Rimer has, in turn, appointed a management team, led by Amir Shaked – the current CEO, to continue operations.
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