NEWS FOR IMMEDIATE RELEASE

BORIS POBEREZSKY NAMED SHIRA CHIEF EXECUTIVE OFFICER

Brings track record as business builder to lead introduction

of new solutions for delivering prepress production and workflow over the Internet

NEWTON, MA, March 12, 2002 – Shira Computers, LTD., creator of automated preprint production and workflow management solutions for the worldwide prepress, printing and publishing markets, announced that Boris Poberezsky has been appointed President and CEO. Mr. Poberezsky is an experienced executive with more than 20 years of management experience in the electronic prepress, printing, publishing and digital imaging industries.

Mr. Poberezsky held the position of Vice President of Marketing with Scitex America and CreoScitex before joining Shira. Mr. Poberezsky holds a Master of Business Administration degree from Boston University, and a Master of Science in Electrical Engineering.

"We are pleased that Boris has agreed to lead the Shira team. He brings a wealth of business, market, and technical understanding to a group that is positioned to re-emerge as a market leader with a new line of Web-based workflow solutions. His experience in driving the introduction of innovative products and services is critical to Shira’s growth in the world market,” said Robert Graifman, Chairman of the Shira board of directors,

“He has done it all – from directing customer focused product development, and devising and executing marketing strategies from channel to direct corporate sales.”

“This is an exciting time in Shira’s development for me to be joining the company,” said Poberezsky. “Our integrated software solution is poised to be a significant enabler throughout the value chain. Our solutions focus on our customer’s obstacles and market trends including leveraging the Internet and broadband as a conduit as well as joining disparate resources in a collaborative environment. Some of the top industry players use our technology to create and maintain critical business advantages.”

ABOUT SHIRA
Shira Computers, LTD. develops and provides digital preprint workflow solutions that include support for native PDF workflows. Shira’s scalable and vendor-independent solutions are designed to automate the prepress production process for prepress, printing and publishing firms. Shira’s workflow management solutions including Shira’s automated end-to-end solution, Xpressi, and Shira classic modular solutions including ShiraRIP, Shira CEPStoPS, Shira Trapping, Shira MediaSaver, Shira UCR/GCR, and others.

Shira was founded in 1987 and is a wholly owned subsidiary of Vyyo Inc., (Nasdaq: VYYO), a global supplier of broadband fixed wireless systems. Visit Shira at www.shira.com, or call us at 888-340-0620
This press release contains forward-looking statements including, among others, statements regarding the Shira’s future success and profitability in the market and the success of the relationship of Shira and Mr. Poberezsky in his new role.

These statements involve risks and uncertainties, and actual events and results may differ materially from those projected in these forward-looking statements as a result of several factors, including but not limited to, whether Shira is successful in developing and marketing its new line of network-based workflow solutions, whether Shira is successful in becoming a leader in the prepress and publishing software markets, the success of Shira’s relationships with its existing and new customers, and whether Shira and Mr. Poberezsky are successful in achieving the expectations of Mr. Poberezsky’s new role with Shira.
Shira, the Shira logo, and Xpressi are trademarks of Shira, Inc. All other product names, service marks, and trademarks mentioned herein are trademarks of their respective owners.

For more information contact:
Public Relations
Shira, Incorporated
888-340-0620
pr@shira.com