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OPTIBASE APPOINTS UZI BREIER CEO

October 21, 2004
OPTIBASE APPOINTS UZI BREIER CEO MOUNTAIN VIEW, CA - Optibase has appointed Uzi Breier chief executive officer, effective November 1st. With Breier?s appointment, Tom Wyler will resign as CEO but will retain his position as executive chairman of Optibase's board of directors and will assume the role of president.

Breier brings with him a deep management background in the telecommunications and semiconductor industries where he?s held a number of senior executive positions. Most recently, he served as CEO of Emblaze Semiconductor, where he implemented new strategic initiatives.