Press-sense Loses Two Top Investors

OR AKIVA, ISRAEL—Press-sense has confirmed that its two major investors, Vertex and Evergreen, have ceased investing in the company. Plenus, an investment lending fund that loaned the company $5 million in 2008, has petitioned to have an Officer of the Court appointed to direct Press-sense going forward. The Israeli court has appointed Adv. Paz Rimer to supervise and direct its continuing operation. Rimer has, in turn, appointed a management team—led by Amir Shaked, the current CEO.