Onaro Establishes Israeli Facility

BOSTON -- Onaro, Inc. announced today the establishment of an Israeli research and development, and support facility to accommodate the company's rapid growth. The new facility will be opened in Tel Aviv in March and will include engineering and support personnel.Roy Alon, vice president of product development will relocate from the company's Boston headquarters to manage the new facility, which will help meet the goal of doubling Onaro's development group.

2006 was a year of record growth for Onaro with nearly four times revenue growth and two times customer growth over the previous year. To support its burgeoning business, the Israeli facility will provide an expanded global support footprint with a special focus on EMEA. Onaro customers with either headquarters or extensive operations in EMEA include most of the top global financial institutions, the world's largest wireless provider, one of Europe's largest mortgage companies and the Middle East's largest retailer.

Onaro Inc.