FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of July 2008
Commission File Number: 0-28986
TTI TEAM TELECOM INTERNATIONAL LTD.
(Translation of registrant's name into English)
12 AMAL ST, AFEK PARK, ROSH HA'AYIN 48092, ISRAEL
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F_X____ Form 40-F________
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):-------------
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):---------------
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes____ No__X__
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________
CONTENTS
Exhibit 99.1 Press Release: TTI Telecom Announces Planned Departure of its
CFO, dated July 21, 2008.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
TTI Team Telecom International Ltd.
Date: July 24, 2008 By:/s/ Israel (Eli) Ofer
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Israel (Eli) Ofer
Chief Financial Officer
EXHIBIT INDEX
Exhibit Description
Number of Exhibit
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Exhibit 99.1 Press Release: TTI Telecom Announces Planned Departure of its
CFO, dated July 21, 2008.
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TTI Telecom Announces Planned Departure of its CFO
Rosh Ha'ayin, Israel, July 21, 2008 - TTI Team Telecom International Ltd.
(NASDAQ: TTIL) ("TTI Telecom"), a global supplier of Operations Support Systems
(OSS) to communications service providers, announced today that its Chief
Financial Officer, Israel (Eli) Ofer, will be leaving the company.
TTI has launched a search to find Ofer's successor and the transition is
expected to take place during the next few months. Ofer will continue to serve
as CFO until a successor is named and assist the new CFO in an orderly
transition. "I would like to thank Eli for his contribution to TTI. I wish him
the very best in his future endeavours" said Meir Lipshes, Chairman and Chief
Executive Office of TTI.
About TTI Telecom
TTI Team Telecom International Ltd. ("TTI Telecom") is a leading provider of
Next Generation Operations Support Systems (OSS) to communications service
providers worldwide. The Company's Netrac portfolio delivers an automated,
proactive and customer-centric approach to service assurance and network
management.
Anchored by market-leading service assurance solutions - Fault Management (FaM)
and Performance Management (PMM) - that give customers an end-to-end view of
their network, TTI Telecom's Netrac enables service providers to reduce
operating costs, enhance profitability and launch new, revenue-generating
services more rapidly. Netrac is compatible with multiple technologies and
industry standards, and is uniquely positioned to bridge legacy, Next
Generation, convergent, and IMS Networks. TTI Telecom's customer base consists
of tier-one and tier-two service providers globally, including large incumbents
in the Americas, Europe and Asia-Pacific.
For more information, please visit www.tti-telecom.com
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Forward looking statements in this release involve a number of risks and
uncertainties including, but not limited to, product demand, pricing, market
acceptance, changing economic conditions, risks in product and technology
development, the effect of the Company's accounting policies as well as certain
other risk factors which are detailed in the Company's SEC filings.
Media Yaron Eisenstein
Contacts: Michael Horowitz Marketing Director
NCSM, Strategic Marketing TTI Telecom
mike@ncsm.co.il info@tti-telecom.com
Tel: +972-2-563-7527 www.tti-telecom.com
Tel: +972-3-926-9700
Fax: +972-3-922-1249