SEEDO APPOINTS NEW CEO TEL AVIV, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Seedo Corp. (OTC: SEDO) (âSeedoâ or the âCompanyâ) announced today that Mr. David Grossman resigned his position as CEO and Director of the Corporation. At the same time the Board appointed current Director David Freidenberg as CEO. Mr. Grossmanâs departure was not the result of any disagreements with management. David Freidenberg, 43, has been a Director of the Corporation since June 2020, and on October 25, 2020 he was appointed the CEO of the Saffron Tech Ltd (âSaffron Techâ), the Corporationâs wholly owned subsidiary in Israel. Mr. Freidenberg has spent the last few months advancing Saffron Techâs activities in Israel. He also has extensive experience in the telecommunications and information technology (IT) industries including Vice President of Sales & Business Development at Trigyn Technologies, an IT services provider with $130 million in annual revenue. Past posts include CEO and Director of POMM Inc.; CEO and Director of Chip Pc; COO of Nidam Communication as well as a Director and manager for Hot cable TV, and Bezeq (Israeli National telephone company). David received both his BA in Economics (2003) and MBA in finance and accounting (2007) from Hebrew University.