On January 18, 2017, the board of directors of Micronet Enertec Technologies, Inc. appointed Mr. Oren Harari to serve as its chief financial officer, effective immediately. Prior to joining the company, from January 2012 to October 2014, Mr. Harari, age 42, served as chief financial officer at 3i-Mind, from September 2008 to October 2011 as chief financial officer of Raysat Antenna Systems and finance manager of Telrad Connegy (the PBX division of Telrad Networks).