Yavne, Israel; November 6th, 2001 - Valor Computerized Systems (Neuer Markt: VCR) has announced the appointment of Jeff Thomson as President of its European operations, headquartered in Belgium. In this role, Thomson will be responsible for all European sales, marketing and customer service activities for Valor's Enterprise 3000 DFM verification system, Trilogy 5000 CAM engineering system, and the Valor Parts Library (VPL) component data service to the PCB electronics industry.

Before relocating to Belgium to manage the European operations, Thomson was Vice President of Sales and Marketing for Valor's North American business, based in California. With an excellent track record he built a successful sales team and grew US revenues by over 40% from 1999 to date. Prior to joining Valor, Thomson held the position of Western Regional Sales and Support Director at UniCAM, preceded by various senior management, sales and mechanical CAE/CAD/CAM functions spanning 20 years experience in the automotive, aerospace and electronics industries.

Reporting to Schmil Dolberg, CEO at Valor, Thomson commented on his appointment, Heading up the established and still growing European sales and support team, our key focus is on selling software productivity solutions to improve DFM and NPI processes for electronics design and manufacturing services companies. We continue to accelerate the penetration of Valor's Trilogy 5000 CAM solution into the assembly market - based on new developments in machine optimization, product grouping and manufacturing documentation - as well as maintaining our leadership position in the DFM sector with Enterprise 3000 for PCB verification and virtual prototyping. The VPL online library, providing accurate physical models of components, is also supporting this thrust with over 20 million parts and growing.

"Fueling our growing customer base (75 sites across Europe), we are moving to increase business in new geographic territories, including the Baltic States, Poland, Turkey, Greece and other southern European countries, in response to contract manufacturers (CEMs) moving key manufacturing hubs to lower costs areas," Thomson added.

Great interest and customer acceptances from global electronics companies for Valor's new eCollaboration technology, developed by subsidiary company, e4eNet, also represents a significant part of the company's future growth in Europe.

About Valor
Valor is a global leader in providing business productivity tools throughout the design-through-manufacturing electronics supply chain. Valor is a public company listed on the Neuer Markt of the Frankfurt Stock Exchange. The company's powerful software tools, based on ODB++, the Valor-funded data format which has quickly become the format of choice for high-level data exchange, ensure the rapid transfer of optimized data from design through manufacturing. Enterprise 3000 DFx system for physical design verification, Trilogy 5000 for assembly and test engineering, and the unique Valor Parts Library on-line data service are utilized by designers and engineers to deliver enhanced productivity, higher yields, shorter cycle times and increased product quality. All Valor products are sold and supported by a worldwide network that includes global subsidiary offices, VARs and OEM channels. More information can be found at http://www.valor.com.

Valor Computerized Systems NV - European Headquarters
Park Hill - Building D
J. Mommaertstraat 22
1831 Diegem (Machelen)
Belgium
Tel: +32 2 401 85 00
Fax: +32 2 401 85 99

For more information please contact:

Valor Corporate
Cathryn Hage
Pentacom Public Relations
Tel: +44 (0)1242 525205
Email Contact

Valor North America
Hileigh Murphy
Valor Computerized Systems, Inc.
Tel: +1 (949) 586 5969
Email Contact

Valor Europe
Sharon Graves
PentaCom Public Relations
Tel: +44 (0)1242 525205
Email Contact

Valor Far East
Uri Michaelis
Valor Computerized Systems
Tel: +(852) 2-731 6108
Email Contact

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