Amdocs Executive Vice President and Chief Operating Officer Eli Gelman to Leave Amdocs...

* Reuters is not responsible for the content in this press release.

Thu Apr 17, 2008 4:07pm EDT

Amdocs Executive Vice President and Chief Operating Officer Eli Gelman to
Leave Amdocs Effective January 2009

ST. LOUIS, April 17 /PRNewswire-FirstCall/ -- Amdocs Limited (NYSE: DOX)
today announced that Amdocs Management Limited's executive vice president and
chief operating officer Eli Gelman will leave Amdocs effective January 1,
2009. Gelman will relinquish his role as chief operating officer immediately
but will continue to actively contribute to the Amdocs management team in a
new role until his departure and will retain his seat on the board of
directors.
    "Eli has decided to pursue business and social welfare activities outside
of Amdocs, within a private framework," said Dov Baharav, chief executive
officer of Amdocs Management Limited.  "I sincerely thank Eli for his 21 years
of dedicated and outstanding service to Amdocs.  Eli has been an integral part
of our growth and success.  We will miss him and wish him well in his new
endeavors."
    "It is with mixed emotions that I leave my position on the Amdocs
management team, but I look forward to this next stage in my personal and
professional life," said Gelman. "I take comfort in knowing that I leave
behind a great depth and breadth of talented and experienced leaders who will
contribute to the success of Amdocs in the years to come."
    About Amdocs
    Amdocs is the market leader in customer experience systems innovation,
enabling world-leading service providers to deliver an integrated, innovative
and intentional customer experience(TM) at every point of service. Amdocs
provides solutions that deliver customer experience excellence, combining the
software, service and expertise to help its customers execute their strategies
and achieve service, operational and financial excellence. A global company
with revenue of $2.84 billion in fiscal 2007, Amdocs has more than 17,000
employees and serves customers in more than 50 countries around the world. For
more information, visit Amdocs at http://www.amdocs.com.
    Amdocs Forward-Looking Statement
    This press release includes information that constitutes forward-looking
statements made pursuant to the safe harbor provision of the Private
Securities Litigation Reform Act of 1995, including statements about Amdocs'
growth and business results in future quarters. Although we believe the
expectations reflected in such forward-looking statements are based upon
reasonable assumptions, we can give no assurance that our expectations will be
obtained or that any deviations will not be material. Such statements involve
risks and uncertainties that may cause future results to differ from those
anticipated. These risks include, but are not limited to, the effects of
general economic conditions, Amdocs' ability to grow in the business segments
it serves, adverse effects of market competition, rapid technological shifts
that may render the Company's products and services obsolete, potential loss
of a major customer, our ability to develop long-term relationships with our
customers, and risks associated with operating businesses in the international
market. Amdocs may elect to update these forward-looking statements at some
point in the future, however the Company specifically disclaims any obligation
to do so. These and other risks are discussed at greater length in the
Company's filings with the Securities and Exchange Commission, including in
our Annual Report on Form 20-F for the fiscal year ended September 30, 2007,
filed on December 3, 2007, and in our quarterly 6-K furnished on February 11,
2008.
SOURCE  Amdocs Limited

Thomas G. O'Brien, Treasurer and Vice President of Investor Relations, Amdocs
Limited, +1-314-212-8328, dox_info@amdocs.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.