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As of 10:24 AM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

malam - team ltd (MLTM) Snapshot

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04/10/14 - $9,997
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09/23/13 - $6,012
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malam - team ltd (MLTM) Details

Malam-Team Ltd. provides information technology (IT) products and services in Israel. It offers outsourcing services, including the ongoing management, operation, and maintenance of support for IT users, IT infrastructures, and business applications; management of information systems, computer system solutions, and business continuity; infrastructure consulting; and support center services, as well as software development, testing, and system maintenance and conversion. The company also provides infrastructure and integration services, such as planning and implementing command and control systems, data backup and storage services, implementing communications solutions, and hosting services at a central server farm. In addition, it offers software development and applications solutions through the consultation and characterization of needs; implementation of the solution based on a customized architecture; and choosing the right technology infrastructure. Further, the company provides communication and data security services, such as planning and implementing communication networks and information security systems; establishing security systems at various levels in an organization’s internal network; and applying information availability solutions; and HR and payroll systems, including application of payroll module for the management of the organization's payroll and HR system; human resource management module for handling the life cycle of employees in the organization; attendance module for gathering and processing work hours, work schedules, and attendance reports via the Web; and retirement module for handling the employee's retirement procedures. In addition, it offers computer training courses for various organizations. Malam-Team serves industry; trade and services; government, defense, and public institutions; telecom and high-tech; banking and finance; and consulting sectors. The company was founded in 1972 and is based in Petah-Tikva, Israel.

Founded in 1972

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malam - team ltd (MLTM) Key Developments

Malam Team Ltd., Special/Extraordinary Shareholders Meeting, Feb 11, 2014

Malam Team Ltd., Special/Extraordinary Shareholders Meeting, Feb 11, 2014., at 10:00 Israel Standard Time.

Malam Team Ltd., Special/Extraordinary Shareholders Meeting, Jan 13, 2014

Malam Team Ltd., Special/Extraordinary Shareholders Meeting, Jan 13, 2014., at 10:00 Israel Standard Time.

Malam Team Ltd. Announces Restructuring Updates

Malam Team Ltd. announced the departure of two top executives as part of a company restructuring: Team Netcom CEO Hayim Mizrahi, who has been with the company for 30 years; and Malam Systems CEO Yoseph Galezer. The massive restructuring, which began in late 2012, is now reaching its peak, with the departure of 20-30 mid-level managers. Malam Team is consolidating the hardware and computer infrastructures activities at its ubsidiaries, and outsourcing activity. The company is creating a new division, which it says will have ILS 900 million in annual sales. Udi Weintraub, the CEO of Malam Team subsidiary Omnitech Ltd. will run the new division. Since January, Malam Team has fired a tenth of its workforce, about 300 employees and managers. Most of the layoffs are due to the completion of software development projects and the failure to win new ones.


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