[May 17, 2005] ECI Opens New Moscow Office Tweet PETACH-TIKVA, Israel --(Business Wire)-- May 17, 2005 -- ECI Telecom (NASDAQ: ECIL), a global provider of advanced telecommunication solutions to leading carriers and service providers announced today the opening of a new subsidiary office in Moscow, Russia. The opening of the new office will further broaden and establish ECI's direct presence in Russia in addition to a local support company. The need for ECI's additional presence is in response to increasing customer demand for ECI's solutions in the Russian market. The telecommunication industry in Russia has grown extensively over the past few years and ECI's business there has increased significantly. ECI has been active in Russia for 12 years with key customers including both cellular and wire line operators. The newly established Moscow facility, which is expected to become operative in early June, will be headed by Mr. Amos Lahat. Russian born, Mr. Lahat has spent many years in Russia and is very familiar with the Russian market. In recognition of the importance of the Russian market, ECI recently held its quarterly Board of Directors meeting in Moscow. At a reception held for key customers and officials of the telecom industry, ECI executives announced these expansion plans. About ECI Telecom ECI Telecom (NASDAQ: ECIL) provides advanced telecommunications solutions to leading carriers and service providers, worldwide. By translating a deep understanding of its customers' needs into innovative, technologically excellent solutions, ECI enables its customers to increase the value of their networks and reduce operating expenses. ECI's platforms enable carriers and service providers to introduce new revenue-generating services easily. ECI has pioneered key technologies including voice compression, SONET/SDH and DSL and has enabled the establishment of global networks. ECI specializes in metro optical networks, broadband access, bandwidth management and carrier-class VoIP solutions. Certain statements contained in this release may contain forward-looking information with respect to plans, projections or future performance of the Company. By their nature, forward-looking statements involve certain risks and uncertainties including, but not limited to, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties and other risks detailed in the Company's filings with the Securities and Exchange Commission. [ Back To TMCnet.com's Homepage ]