magicJack Appoints Keith Reed General Manager Senior Vice President of Enterprise Sales

WEST PALM BEACH, Fla. and NETANYA, Israel, Dec. 7, 2015 (GLOBE NEWSWIRE) — magicJack VocalTec Ltd. (Nasdaq:CALL), a leading VoIP cloud-based communications company, today announced the appointment of Keith Reed as its General Manager Senior Vice President of Enterprise Sales.Reed brings to the position over 15 years of experience building and leading enterprise sales, business development and channel sales teams to maximize growth and market penetration. Keith joins magicJack from Intuit, where he spent the majority of his career in various sales positions at Intuit, most recently as Vice President Sales Marketing for the Americas. Prior to that, also at Intuit, Reed served as Vice President, Channel Marketing and Sales. In addition, he was Director of Retail and OEM Sales for Intuit.“We are excited to have Keith join magicJack as he has an outstanding successful track record building internal and indirect sales channels as well as creating new offerings,” said Gerald Vento, President and CEO of magicJack VocalTec. “Keith’s experience and diversified product and sales background will be a great asset as magicJack looks to expand into the enterprise and further leverage our network infrastructure and assets.”“This is a great time to join magicJack,” said Reed. “With the industry’s most cost effective network and the ability to expand the company’s existing base of customers, I see significant opportunity to grow magicJack’s enterprise business.”About magicJack VocalTec Ltd.magicJack VocalTec Ltd. (Nasdaq:CALL), the inventor of magicJack and a pioneer in Voice over IP (VoIP) technology and services, is a leading cloud communications company. With its easy-to-use, low cost solution for telecommunications, the Company has sold more than 11 million award-winning magicJack devices, now in its fifth generation, has millions of downloads of its free calling app, and holds more than 30 technology patents. magicJack is the largest-reaching CLEC (Competitive Local Exchange Carrier) in the United States in terms of area codes available and number of states in which it is certified.Seth Potter
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