Business News

Pinhas Romik Named General Manager of Pageflex Division

Monday 21. March 2011 - Bitstream Inc. (NASDAQ: BITS) announced today that Pinhas Romik, a veteran of Israeli high-tech industry has been appointed General Manager of its Pageflex division, a leading developer of enterprise variable publishing and web-to-print solutions.

Anna Magliocco-Chagnon, President and CEO of Bitstream explained that “since our acquisition of the iWay product line in June 2010, we have worked to bring together two of the top software solutions in the $250 million web-to-print industry, expanded our team to include a new office in Israel and integrated this team into our Pageflex division. The time has come to add new executive leadership to manage our international efforts and fully exploit the many business opportunities in this market. Pinhas Romik has a extensive background in leading successful international businesses over his 40 year career in the high technology industry and we welcome him to our management team.”
Mr. Romik commented on his appointment by saying “I have worked with many different technologies in different fields starting with microelectronics, and following with ballistic missiles, radio communications and the Internet. Pageflex and iWay have succeeded in establishing top brand names in the Web-to-Print market. I am honored to be given an opportunity to use my experience to benefit the future expansion of this business.”