SECURITIES AND EXCHANGE COMMISION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
May 28, 2003
SCITEX CORPORATION LTD.
(Translation of registrant's name into English)
3 Azrieli Center
Triangle Building
Tel Aviv, 67023
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 whether the registrant by furnishing the information
contained in this Form is also furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.
Yes ____ No [X]
Attached to the Registrant's Form 6-K, and incorporated by reference herein is
the Registrant's press release dated May 20, 2003, announcing that Leon Recanati
resigned from the Registrant's board of directors.
SIGNATURE
Pursuant to the requirement 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.
SCITEX CORPORATION LTD.
Yahel Shachar
Chief Financial Officer
May 28, 2003
[Graphic Omitted]
NEWS
FOR IMMEDIATE RELEASE
LEON RECANATI RESIGNED FROM THE BOARD OF SCITEX CORPORATION
TEL AVIV, ISRAEL - MAY 20, 2003. SCITEX CORPORATION LTD. (NASDAQ & TASE: SCIX)
announced today that Leon Recanati has stepped down from the Board of Directors
of Scitex, following the closing of the sale by companies controlled by the
Recanati family of a majority interest in IDB Holding Corporation Ltd. IDB
Holding is the ultimate parent company of Scitex's two principal shareholders,
Clal Electronics Industries Ltd. and Discount Investments Corporation Ltd. Mr.
Recanati had been a Director of Scitex since 1988.
Meir Shannie, Chairman of the Board of Scitex, commented: "Mr. Recanati has made
a substantial and valuable contribution to Scitex throughout his fifteen years
on its Board, and during which Scitex has gone through a great many changes. We
thank him for his contribution, leadership and experience and wish him all the
best for the future."
Scitex Corporation Ltd. is a world leader in industrial inkjet digital printing
solutions. Through its subsidiaries and strategic investments, Scitex
strengthens its market position in this specialized sector. Scitex shares trade
on NASDAQ and The Tel Aviv Stock Exchange under the symbol "SCIX". For more
information, please visit our Web site at www.scitex.com.
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Scitex and the Scitex logo are registered trademarks and service marks of Scitex
Corporation Ltd.
CONTACTS
SCITEX CORPORATION LTD.
-----------------------
Yahel Shachar Dalit Yehuda
Chief Financial Officer Corporate Assistant
Tel: +972 3 607-5755 Tel: +972 3 607-5755
Fax: +972 3 607-5756 Fax: +972 3 607-5756
E-mail: yahel.shachar@scitex.com E-mail: dalit.yehuda@cii.co.il