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Cyclone Aviation Elbit Systems’ Subsidiary to Supply 330 gallon Fuel Tanks to the US Navy’s F/A-18’s

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Elbit Systems Ltd. (NASDAQ: ESLT) announced that its subsidiary, Cyclone Aviation Products Ltd. (Cyclone), was awarded a contract to supply the US Navy 330 gallon Fuel tanks to be installed on its F-18’s.

This contract constitutes a pivotal marketing breakthrough for Cyclone and the US Navy. The first phase of this contract amounts to $2.4 million and the total value is estimated at approximately $60 million. Deliveries are scheduled to take place between 2009 and 2013.

The 330 gallon Fuel Tanks are manufactured in a special coiling process (Filament Winding) designed to protect the Fuel Tanks from possible damage that may occur during onboard aircraft carrier fires.

Yoram Shmuely, Co-General Manager of Airborne and Helmet Systems at Elbit Systems, said, “The US Navy’s decision to select Cyclone’s Fuel Tanks for the first time, via tender, reflects the trust and recognition we have established among leading customers worldwide. I believe this contract will pave the way for further business in this fast-growing market characterized by advanced technologies and innovative composite materials.”

A Star Is Born! Google + Facebook For Health 2.0

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iMedix , the first community-powered health search engine, launched today after a year in development. iMedix allows consumers to benefit from the online research conducted by thousands of others with similar health conditions or interests. The integrated community platform allows users to enhance that information through real-time patient-to-patient interaction. By combining advanced search with community features, iMedix empowers people to find and share health information in order to make better health-related decisions.

iMedix’s patent-pending ‘evolutionary’ search engine analyzes users’ feedback against millions of medical articles, pictures and videos in order to provide the best answers for health related questions and concerns. The system ranks Web pages based on those that have proven to be most useful and relevant to other users searching for the same information. Additionally, iMedix shows users whether pages are from sources certified by HON (Health On the Net Foundation), URAC (Utilization Review Accreditation Commission) and other organizations.

Homepage  Personal Profile People
Using iMedix, patients can easily connect with others who suffer from similar conditions and exchange information about symptoms, prevention and treatment through real-time chat – all in a single click. They can also build their own communities around specific health interests by creating friends lists and adding new friends.
The company will soon make its health search technology available to other Web sites. Health portals, publications, blogs and other sites will have the ability to embed the iMedix search widget to display instant and relevant health information from people and Web sources.

iMedix meets a growing demand for reliable health information online. Ten million Americans per day use the Internet to search for health-related information, according to the Pew Research Center[1] . However, the majority are dissatisfied with their search experience: A study by JupiterResearch[2] revealed that only 16 percent of adults who searched online for health information were satisfied with their findings. There is also a strong demand among patients for community support and interaction via the Web: A separate JupiterResearch[3] study revealed that 34 percent of US adults connected with others online, or with the online content created by others, for health reasons.
iMedix is a privately-funded start-up, founded in January 2007 by Internet veterans Amir Leitersdorf  and Iri Amirav.

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Amir Leitersdorf, CEO of iMedix, previously co-founded Movota, which was successfully sold to The Bertelsmann Group in 2005. He also held the position of CTO at Tapuz (TPUZ – Tel Aviv Stock Exchange). Iri Amirav, CMO at iMedix, established and led the marketing division at MetaCafe , overseeing 2,500 percent growth to 17 million uniques and 450 million page views per month. Iri previously held positions at Time Warner and Pelephone. iMedix is supported by an advisory board of strategic investors, successful Internet entrepreneurs, information retrieval specialists, artificial intelligence professors and medical experts. The company has raised almost $2 million to date in seed funding.
“Until today, searching for health information online was a lonely business. Now, for the first time, it is a collaborative effort,” said Amir Leitersdorf, co-founder and CEO of iMedix. “Our technology uses advanced learning systems to leverage the hours of online research conducted by thousands of users for the benefit of the individual patient. Every user interaction contributes directly to the site’s ability to deliver relevant results. This breakthrough is what makes us so excited about bringing iMedix to market.”
“We saw a tremendous opportunity to create a patient-powered service that gave users everything they need to make better health-related decisions,” said Iri Amirav, co-founder and CMO of iMedix. “Our goal was to allow patients to harness the real-life experiences of others. We’ve done that on iMedix by allowing patients to find each other and communicate in real-time.”

Sign-up for free by visiting iMedix at http://www.imedix.com

The Green Car Revolution Will Start In Israel

better The Israeli government has decided practically to adopt an electrical car project called the "Better Place Project " by Mr. Shai Agassi & Mr. Idan Offer. The project itself was publicly announced about 2 months ago at a well covered press conference in New York.

On it’s basic terms, the project offers almost an Utopian vision of a world in which customers will be able to purchase electrical cars, from any car manufacturer, at relatively low prices (without batteries). New companies will be created only for this purpose, and will provide the necessary maintenance and service – e.g. batteries charging stations and batteries replacement spots etc.

In addition, thousands of charging stations will be deployed on a large scale almost everywhere at supermarkets, shopping malls parking lots, private residences, etc.

One may compare the project to the ubiquitous cellular phone services which enable every customer to buy any cell phone of any brand and use any cellular supplier he wishes to use. As the cellular companies have spread cellular antennas all over the countries, so does "Better Place Project" intend to spread an enormous number of charging spots in any participating nation.

At their press conference, Agasi & Offer announced that they managed to obtain a sum of 200 million dollars from top investors like Morgn Stanley Bank, Edgar Bronfman, James Wolfenson & the "Chevra Le Israel" of the Offer Brothers Group. No one disputes the fact that motor vehicles running on internal combustion engines, pollute the air we are breathing, not just in Israel but worldwide. Their contribution to polluting emissions and for global warming is a fact beyond any doubt.

Just take a look at some of the details about how serious the problem is in Israel.

According to the Israeli Central Bureau of Statistics (for the year 2006) motor vehicles are responsible for 96% of the total carbon monoxide emissions in the country, 86.5% of the total hydrocarbon emissions, 32.4% of the of the total nitrogen oxides and 21.2% of the total carbon dioxide emissions – the primary green house gas, and in addition to that a significant amount of microscopic particulate matter, exclusively at urban areas and usually at elevations which penetrate and harms the respiratory system.

The combination of rising oil prices (one barrel used to be sold a year ago for US$ 60 and today it’s close to US$ 100 ) and the threat of global warming, which almost no one argues against anymore, has led to a wave of creative inventions and technology developments like Agasi’s and Offer’s "Better Place Project".

It is Agasi’s brilliant way of thinking that led to the magnificent idea behind "Better Place Project". He actually managed to shift the focus from developing high end technology for car batteries towards investments in infrastructure in which car batteries will become a part of the basic infrastructure which driving electrical cars will be based on.

In other words, car batteries will be available for recharge or for replacement almost everywhere you’ll drive. It seems as if the government initiative is mostly welcome and even serves the national security needs of the country, as the need for oil in the Western world keeps strengthening international terrorist groups that are mostly supported by the Arab oil country producers.

But on the other hand it seems as if there is still a long way to go before Agsi’s project can be implemented. At this stage the government decided to establish a pronunciation committee which will lead some professional teams to promote the initiative. Basic conclusions will be presented to the government at the beginning of December.

But we all know how committees, professional teams, and similar working groups do their work in Israel. They might eventually reach a conclusion or a agree on a solution, but it’s usually too late. The government of Israel should support and carry out an urgent procedure with a specific time table to fight air pollution in Israel. It should face this terrible number: "1′300" – 1′300 people are dying every year in the Tel Aviv vicinity only, as a result of air pollution leading to health complication.

"Better Place Project" is a very ambitious, interesting and promising project , but its chances of becoming a reality are still far fetched, it still faces a long and complicated bureaucratic procedure with a lot of regulation and economic problems.

As always, it’s lot easier for the government to find more simple projects to prevent air pollution than to embark on a project with a green scent.

 

Ariel Oelsner, Attorney of Law.

Ariel Oelsner (LLb. & BS.c Agr.) has been practicing law for 6 years, he consulted the Minster of Environmental Protection at the Ministry of Environmental Protection Office and specializes on environmental law and on civil law. He serves, at full time ,as the legal consultant for "MALRAZ" a green non profit organization in Tel Aviv and volunteers as a legal consultant for The Israeli Horse Protection Society.

arieladv@hotmail.com

The Israeli Film Shines In the European Film Awards!

The Band's visit poster Saleh Bakri as Haled Shlomi Avraham as Papi and Rinat Matatov as Yula the band's visit - the band arrival

The 20th European Film Awards was held in Berlin and hosted by French actress Emmanuelle Beart and German actor Jan Josef Liefers.

Britain’s Helen Mirren won yet another award on Saturday for her performance in “The Queen”, winning the best actress crown at the 2007 European Film Academy and that after she won the Oscar for the same movie a few moths ago.

Also on the same note, the Israeli actor Sasson Gabay won the best actor award on his role in “The band’s visit” a comedy about an Egyptian police band who finds itself in Israel as a result of a cultural exchange, and that we already recommended to you few weeks ago.

This was a great achievement for the Israeli film industry, other Israeli actors have been nominated in the past but Gabay is the first to win. At the same award show the director Eran Kolirin won the award for the European discovery of 2007.

The awards mark the great work and progress the Israeli film industry has been making for the last few years with movies who won awards like: “walk on water” “meduzut” etc. The only sad thing about last night is the big sense of missing the opportunity to win the Oscars, as a couple moths ago “The band’s visit” was disqualified from competing in the Oscars due to the fact that the language spoken in the movie is mostly English and not Hebrew or Arab.

We keep hoping that Israeli films will keep making it big not only in Israel but all around the world.

Jerry Seinfeld buzz In Israel!

Jerry Seinfeld In Israel 2007 Jerry Seinfeld visited Israel this past week as part of his movie “Bee Movie” promotion. The trip to the Holy Land got so much hype it rivaled news of key upcoming Middle East talks.

The Jewish comedian visited Israel for the first time since 1971. When he was 15 years old he volunteered in a Kibbutz helping to grow Bananas.

Seinfeld got to meet both Israeli President Shimon Peres and Prime Minister Ehud Olmert. He also visited places such as Holocaust Museum Yad Va’Shem and Historical Massada Mountain.

Newspapers devoted nearly full-pages to his trip. And references to his humor crept into serious items in the news. “Yada, yada, yada,” said TV political analyst Amnon Abramovitz Sunday about the Mideast meeting called by President Bush, quoting one of the best-known phrases from Seinfeld’s TV show.

Seinfeld was surprised by the reception received and said it is quite a contrast to what he experienced during his last trip to Israel.

“I would be in the fields, and nobody wanted my autograph and nobody wanted to take their picture with me,” he told reporters in Tel Aviv. “They just let me hack away at those banana leaves, and no, I didn’t meet the prime minister even once.”

Jerry Seinfeld Press Conference

Seinfeld Meets Israeli President Shimon Peres:

Jerry Seinfeld interview in Chanel 10:

3 Israeli Companies Top The EMEA 500 Fastest Growing Technology Companies List!

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Fastest growing high-tech firms identified by 2007 Deloitte Technology Fast 500 EMEA ranking Average growth rates highest since Fast 500 began in 2001, Deloitte announced the full list of EMEA’s 500 fastest-growing technology companies during the 2007 Deloitte Technology Fast 500 EMEA awards on November 26. Deloitte also released the 2007 Technology Fast 500 EMEA CEO Survey & Ranking—a comprehensive analysis of the business trends and background statistics of the winning companies and a summary of the key concerns and expectations of sector CEOs.

Key trends observed in this year’s ranking were:

  • The United Kingdom has the most ranked companies with 91 of the 500, closely followed by France with 68.
  • Israeli firms take first, second and third place.
  • Average five-year revenue growth for all companies is 1,443 percent, the highest since the awards began.
  • Survey of Fast 500 CEOs reveals that 79.5 percent of this year’s CEOs were extremely or very confident of managing the same growth rates over the coming two years.
  • The software sector continues to dominate the ranking, making up 200 of the 500 companies. 
  • However, as evidenced by the exceptional performance of Israel, tech-acceleration nations are emerging. Proportional to population numbers, technology firms in Norway, Israel, Sweden, Ireland, Finland and Holland are in a class of their own when it comes to technology acceleration, with high-growth technology firms between 2 and 5 times more common than anywhere else in the region.
  • While the Deloitte Technology Fast 500 EMEA shows a consistent increase in average growth rates year on year, this is in stark contrast to that of the North America Fast 500, where average growth rates have been falling since 2001. Fast 500 North America shows average five year revenue growth rates falling from a peek of 6,772 percent in 2002 to 1,823 percent in 2007.

The top five ranked companies and percentage growth:

Rank

Company

Busines Type

Growth

Country

1

Voltaire Ltd

Communications/networking

50,612%

Israel

2

Celltick Technologies

Communications/networking

29,627%

Israel

3

Runcom Technologies

Semiconductor/equipment

27,950%

Israel

4

TomTom Nv

Software

17,193%

Holland

5

ByBox Holdings Ltd

Software

15,272%

United Kingdom

Voltair_top

The winner company Voltaire Ltd  provides grid backbone solutions for networked computing in the next generation data center. The company focuses on improving data center efficiency by enabling grid computing deployments on commodity server and storage offerings. Voltaire’s fully integrated family of switching hardware and network virtualization software delivers the highest performance, intelligent backbone for grid computing architectures. Leveraging the InfiniBand standard, Voltaire solutions offer improved performance, utilization and scalability across compute clusters, storage and IP networks.

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Celltick, pioneer of Active Content Marketing, has introduced a new mass reach medium into the mobile space. Its flagship product, LiveScreen Media, allows content providers and advertisers to broadcast targeted content messages to millions of mobile phone idle screens, turning them into a network of interactive personal billboards and creating a strong revenue stream for operators.

runcom

Runcom Technologies develops superior technological standards and products that target the emerging Beyond 3G market, enabling the delivery of enhanced communications services to cellular phones and other mobile devices. Runcom is the recognized pioneer of Orthogonal Frequency Division Multiple Access (OFDMA®) technology, accepted in 2001 by ETSI as the core component of the DVB-RCT standard, a wireless-enabled platform that facilitates content-rich interactivity between TV broadcasters and subscribers over traditional terrestrial infrastructure.

For complete rankings and results from the 2007 CEO Survey, download the PDF file attachment below or read the press release.

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