On February 21, 2018, TechCare Corp.’s board of directors accepted the resignation of Mr. Mordechai Bignitz, effective immediately. In addition, on February 20, 2018, the company’s board of directors appointed Mr. Haim Lampert to serve as a member of the board of directors of the company as a replacement to Mr. Bignitz. Haim Lampert, Director, is a seasoned manager and business leader with more than 15 years of experience in management, marketing, manufacturing, branding and strategy. Mr. Lampert co-founded and served as the global chief executive officer of Moroccan Oil Israel Ltd. Prior to that Mr. Lampert served as the chief executive officer of Sakal Electric Ltd.