Technology >> CEO Interviews >> September 3, 2002

Ofer Gneezy – Ibasis Inc (ibas)

OFER GNEEZY is President and Chief Executive Officer of iBasis, Inc. As co-Founder of iBasis, Mr. Gneezy is one of the true visionaries of the Internet telephony industry and a recipient of Pulver.com's Industry Pioneer Award. Prior to founding iBasis in 1996 Mr. Gneezy was President of Acuity Imaging, Inc., a multinational leader in industrial automation technology. Mr. Gneezy led Acuity to achieve significant increases in earnings, revenues and stockholder equity before successfully orchestrating the company's acquisition by RVSI, the second-largest company in the industry. The acquisition provided Acuity with strong financial backing while delivering liquidity to Acuity investors. Previously, as President and CEO of Automatix, Inc., Mr. Gneezy led the turnaround of the company to growth and sustained quarterly profitability and managed its merger with Itran, Inc. to form Acuity. Mr. Gneezy is a graduate of Tel Aviv University and the Advanced Management Program at Harvard University's Graduate School of Business Administration and has an MS in Engineering from MIT. Profile
TWST: Can we start out with an update on iBasis? What's gone on over the

past year that investors should focus on?

Mr. Gneezy: We all see the turmoil here in telecom, and it's very

interesting