Sarine Technologies Ltd. announced that it has appointed Mr. David Block as Chief Executive Officer, effect from May 1, 2017, following Mr. Uzi Levami's decision to step down due to his age and for personal reasons. Mr. Levami will continue serving as an Executive Director of Sarine, as well as a Director of all of its subsidiaries. Mr. Block has been the Group's Deputy CEO and Chief Operating Officer since 2012, with responsibility for worldwide operations, worldwide sales, including its network of subsidiaries and distributors /resellers, and customer care.

He is also a Director of many of the Group's subsidiaries, including, primarily, Galatea, Sarin India, Sarine Color Technologies, Sarine Polishing Technologies and Sarine North America. Prior to this appointment, from June 2009, Mr. Block was Deputy CEO and VP of Sales responsible for overseeing the Group's worldwide sales, including its network of distributors and subsidiaries. In his various roles in India and Israel, David has been key in the successful rollout of the Galaxy family of inclusion mapping systems and the definition and initial positioning of the Sarine Profile and its components - the Sarine Light and Sarine Loupe.

He has been the Group's Deputy CEO for the past nine years and its Chief Operating Officer (COO) for the past five of these.