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one is coming up soon. maybe one day all will join hands in peace.
yes i hope so in all areas. need some peace. favre in da news. not good.
maybe no play tonight...
i tried to use template fer side by side. charts. updated on this template.
got good one now.
are ya still trading stocks?
http://stockcharts.com/c-sc/sc?s=ppje&p=d&yr=0&mn=10&dy=2&id=p93829042776
dan's chart;
[-b]20 50 200MA,,,VOLUME - PPO - CMF - SLO STO % PRICES. [-/b]
How quick time flies ....
wow 5yrs.? we had some good times here.
Lumenis' last trick
09.5.06 | 16:38 By Uri Ronnen
Four years ago, the U.S. Securities and Exchange Commission solicited the public's feelings about a proposal to require listed companies to immediately advise the public about certain events. The announcement would be made using an official form made available by Internet, on the SEC website.
In response, PR Newswire suggested that the SEC make companies also distribute the announcement through one of the wires.
PR Newswire pointed out that 97% of the companies already disseminated substantial information via it, and that this information reached a great number of investors, immediately, and for free. The information is spread to financial news websites, which publish them without editing.
At a later stage, the information gets disseminated further via the press, printed or online, which does edit for clarify and add commentary.
Clearly, PR Newswire explained, the distribution channel of the agencies is far more effective than via the SEC website. There, to get information in real time, aninvestor would have to know when it was to be published, access the site, and burrow through virtual piles of announcements to find the right one. On Yahoo! Finance and its rival sites, which are user-friendly, the information is given relevant headlines and is easily available without delving through piles of paperwork.
The hazards of friendly technology
Now we are in 2006 and Google provides us with news alerts, making the PR Newswire argument all the truer. Investors (and reporters) can get, for free, email alerts about specific companies or news subjects, whatever we order.
But technological advances and convenience can have their downsides, in this case a negative influence on the press.
The first, when speed is of the essence, is when a paper runs a press release as a news item, with the byline of a reporter, who doesn't trouble to check it out or even change the wording. That serves the company's interests perfectly. A second negative effect is when reporters simply become too indolent to look for the facts and settle for these releases instead.
The public-relations mavens of Lumenis', a medical technology company that makes lasers for surgical and cosmetic applications, demonstrated all that last week.
On Wednesday night, Lumenis released a press report via PR Newswire, saying that the U.S. Securities and Exchange Commission had approved a compromise agreement with it, under which its shares would be delisted.
On Thursday morning Globes was "first" to publish the "news". Accurately translating the announcement from English, the paper explained that the civil suit the SEC had filed included the former COO, who is not at Lumenis any more. Faithful to the source, the Globes item didn't name the COO or why he was under attack.
Ynet ran much the same story at 10:28, not mentioning the case against the anonymous COO. If Lumenis didn't even bother with his name, evidently the case in question was trifling anyway.
TheMarker put up the story (in Hebrew) at 10:27 and solved the mystery. Said COO was none other than "Sagi Genger, the son of Arie Genger who controlled the company in the past. Sagi Genger, 35, was appointed chief financial officer of Lumenis and in 2001, he was appointed to chief operating officer, a function he fulfilled until 2003."
Suddenly, all gone
In those years Sagi Genger was quite the celebrity. His name appeared in dozens of press stories. Arie, his rich father, had been a close friend of Ariel Sharon for decades. The time Sagi spent at Lumenis was also a time that the press watched the company closely, especially its sudden collapse in value from a billion-dollar company to one worth $70 million.
The prick that burst its bubble was suspicions of accounting fraud, which the SEC began investigating in January 2002. Hoping to stem the market's loss of confidence, Lumenis appointed Jacob Frenkel, the former Bank of Israel governor, as its chairman. In March 2001, Sagi explained in an interview with Globes: "Frenkel is like a certificate of integrity. His job is to guard the kitty."
After the expose in TheMarker, Globes woke up. Its print version that evening noted that the company officer against whom the SEC was filing civil charges was said Genger the Younger, "the son of Arie Genger, who is today the vice-chairman of the company."
One begins to understand why Lumenis didn't reveal Sagi Genger's name in its press release. His dad didn't want junior's name to be dragged through the mud.
Read all about it (but not in the papers)
What about that suit against Sagi and their compromise agreement? Globes wrote, "Naturally, Lumenis didn't go into detail".
Naturally, Lumenis also didn't mention where the details could be found, and trolling through Google News isn't the answer. America's press couldn't care less about the Genger clan, or Frenkel either.
But don't assume you can't learn all about it. All 52 pages of the lawsuit, and the announcement about the settlement, are right there on the SEC website, since last Friday. At TheMarker we read both over the weekend, but decided to wait and see whether the paper would report to their readers before Google News did.
So here you have it, straight from the SEC: the civil suit names dubious transactions that Sagi Genger initiated and pushed through between December 2001 and March 2003. Lumenis recognized these transactions in breach of accounting regulations. The transactions and Genger's modus operandi are clearly explained. The SEC filed its lawsuit in New York and asked that Sagi Genger be fined, and banned from serving as a director or any other top officer at a publicly traded company, for ever more.
The compromise they reached replaced forever with a predetermined period of time, and set the fine, too, instead of leaving that up to the court.
One question that remains open is how Genger managed to pull off his deeds under the wide-open eyes of Jacob Frenkel, who had been brought in particularly to mind the kitty. In June 2001, before the share price collapse, Frenkel sold $1.2 million worth of Lumenis stock. Slightly before him, Sagi Genger sold $2.3 million worth.
http://www.haaretz.com/hasen/spages/714049.html
Dubi
midastouch017 GCAN Chart
It looks like it is going up. New CEO; Board of Directors appointed Patrick N.J. Schnegelsberg to the post of Chief Executive Officer Received a promotional booklet re: GCAN last week.
Take care.........pilgrim
Hidden Taxes
Petition for Fair Taxes
When you get to your wit's end, you'll find God lives there.
Red-faced on the pink sheets
16.4.06 | 12:36 By Aloni Madar
Israel's capital market has been booming for four years, attracting not a few businessmen to the stock market. The easy way to obtain ownership of a publicly traded company was to pick up one of the stock market shells, the bombed-out remnants of failed enterprises that are still listed for trade, albeit in some dark corner of the market such as the "preservation list" of the Tel Aviv Stock Exchange or the pink sheets on Nasdaq.
Generally the buyer would pour some sort of operations into the shell. In other cases, the mere fact that the shell was bought sufficed to lift its share price, as speculators assumed the shell had been bought for a purpose, albeit not a known one at that stage. Anyway, that gamble has worked out pretty well for some players.
At the start of 2004, Star Night returned from oblivion to the TASE. It had been ousted (then named Orlil) because of offenses by itself and its management.
The company changed hands and the new owners changed its name to Star Night. It was reinstated to the preservation list, which is equivalent to the pink sheets.
On the change in ownership, the company's shares rose from being worth 1 agora per share to 15 to 30, reflecting a market valuation of NIS 2.5 million.
But Star Night's new owners promptly began to drum up headlines and the share price reacted. The first round of reports raised the share price to 120 agorot, then to 250 (NIS 2.50). The company continued to bombard the market with announcements of deals and expectations, and also reported its first profit in years. Investors applauded and in the first half of 2004, the share price reached NIS 5.00.
It soon collapsed back to NIS 2.50, then took off again, rising to a high of NIS 10 per share at the start of 2005. Yet throughout this, the stock had been stuck in the preservation list. At present the share price is around NIS 6.50, reflecting a market valuation of NIS 70 million.
Theoretically, anybody investing say NIS 5,000 in Star Night at 15-30 agorot per share and holding on until the stock was trading at NIS 10, now had NIS 250,000. But there were other investors in Star Night, mainly institutional investors, which got in at NIS 9 to NIS 10 per share and are down 50% of their investment.
Star Night is far from being the only stock on the preservation list that has generated phenomenal returns for investors, if their timing was right. These are all companies that changed hands and whose new owners brought in some activity that fired the market's imagination. Even rumors of takeovers and operations can turn a minnow into an overnight whale.
Gambit Computers turned into Boymelgreen Capital. Kish turned into Lito Group. Time Squared turned into Data GCI. All were shells turned into real companies.
Riding the pink sheets is done in the U.S. too, though it isn't for the weak of nerves. An investor can double his money or lose the lot in the blink of an eye. Usually the investors in these stocks have no idea what the companies do or are worth. It is truly the wild west of the stock market. In some cases they can't even know how many shares have been floated because the companies simply ignore their shareholders, not even revealing where its headquarters is.
In one case of a company purporting to be a hi-tech firm, the chief executive told shareholders that after his father's death, he needed their help: they would be diluted in favor of another stock allocation, to himself, to help him overcome his grief.
In another case, the company's official phone number is the chief executive's cellphone. That company hasn't released a financial statement in four years, which hasn't stopped investors from sending its stock climbing 10 times in two months. The CEO says the report is almost ready.
Sometimes an investor in a pink-sheets type company thinks it makes data security systems, only to discover months down the line that it's changed its name and ticker symbol, and now makes fertilizers for strawberry farmers. Two months later it's an empty shell seeking a reverse merger.
These are things that happen in the pink sheets, where shares may cost a few cents, no more. But if you thought a share price couldn't go below $0.01, you're wrong. It can. It could also soar to $10, if you're lucky, if the company released some amorphic announcement cleverly packaged by some PR genius. Usually it turns out the gains were devoid of substance and the share price subsides again.
Pink sheets companies often claim to be on the verge of a breakthrough, in medicine or technology or water purification, you name it. If 1% of their claims were true, we'd be living in a world that would make science fiction look sick, a world in which the Terminator could become the governor of California. But make no mistake, making a killing on the pink sheets is a very, very unlikely prospect.
http://www.haaretz.com/hasen/pages/ArticleContent.jhtml?itemNo=706276
Dubi
Detex Begins Reengineering Milliscope Explosive Detection Device
Last Update: 10:44 AM ET Apr 5, 2006
TEL AVIV, Israel, Apr 5, 2006 (PRIMEZONE via COMTEX) -- Detex Security Systems, Inc. (Pink Sheets:DXSC), a company that specializes in developing state-of-the-art security solutions, today announced that the Company has begun the reengineering and development of the second generation of its Milliscope technology. Detex intends to develop and convert its newly acquired Milliscope prototype into a fully functioning explosives screening device to be manufactured and distributed globally.
The new prototype is expected to be demonstrated by the Company in October 2006. The Milliscope, which utilizes millimeter wave explosive detection technology, will have the ability to detect contraband from a distance of 40 cm. Additionally, Detex will implement dual sensors for increased sensitivity that will greatly reduce false alarms to ensure extreme accuracy. The Milliscope, upon its completion, will have the capacity to serve as a standalone screening solution as well as a supplemental security device used to reinforce other security measures.
Radu Cosmin, Detex's Chief Technology Officer, commented, "We are very excited to be moving forward with the Milliscope's development. The first generation prototype demonstrated that the Milliscope technology can detect dangerous plastic and other types of explosives. With the second generation prototype, we are incorporating specific modifications and enhancements and expect to move much closer to a device that can be mass-manufactured and used with only limited training."
The Milliscope uses proprietary millimetric wave technology to rapidly and accurately detect plastic explosives such as Semtex and C-4, conventional explosives such as TNT, and other contraband such as metal and non-metal weapons and illegal drugs. Detex Security plans to market and distribute this portable state-of-the-art device as a detecting solution designed to provide security in public and private facilities such as airports, government buildings, schools, corporate offices and border checkpoints.
For more information about Detex Security Systems, please visit the Company's website at www.detexsec.com.
About Detex Security Systems, Inc.
Detex Security Systems specializes in developing state-of-the-art security solutions that use cutting edge technology to provide defense against acts of terrorism and other security threats. The Company's Milliscope prototype is an innovative handheld device that utilizes millimeter wave technology to instantly detect plastic explosives and other concealed contraband such as weapons and drugs in a non-invasive and efficient manner.
Dubi
Lumenis Q&A
03.4.06 | 12:30 By Shirley Yom-Tov
One of the most emotionally charged stories on Wall Street, from the local perspective, is that of Lumenis (Nasdaq: LUME.PK). Almost a month has passed since the company's dramatic announcement that it may be delisted, making the pre-Passover holiday - characterized by scrubbing the house - an appropriate time to take a hard look at the company.
Lumenis is a leader in laser technology for cosmetic and medical applications. It settled with the U.S. Securities and Exchange Commission about alleged revenue inflation in its last four annual financial statements. The settlement remains subject to approval by the SEC top brass: if approved, the company's stock will be delisted from the pink sheets. That is part of the agreement.
What does delisting mean for investors?
Simply, Lumenis won't be a publicly traded company any more. Anybody holding its shares after delisting will be an owner of shares in a privately held company.
Who would gain and who would lose from its delisting?
From the company's perspective, the settlement is the lesser evil. Lumenis is spared a fine for breaking the law, which in itself is good news for a company with only $14 million in hand. The ones who get punished are the shareholders, for whom delisting cannot be a good thing. But from the wider perspective, at least the problems dogging Lumenis for years will be left behind. The company can start a new leaf after four years of floundering.
Will it relist?
Yes, it means to start the process in a year. It would start by re-registering with the SEC, which requires it to submit audited financial statements, including the restated ones going back to 2001. And, the ones from the start of 2004, when Brightman-Almagor quit as its accountants.
Are the company's reports from the last two years reliable?
They were not audited by Ziv Haft BDO, its new accountants, who were busy reworking Lumenis' financial statements for previous years. They may also be subject to changes. Lumenis says the reports should all be ready by mid-2007.
Is it in Lumenis' interest to relist?
Yes. Its employment agreement with Avner Raz explains why. In April 2003 he signed an agreement expiring in June 2007, giving him $530,000 a year in pay and a quarter-million dollar bonus, irrespective of the company's performance. He gets the lot even if the company goes broke.
At signing, he also got 400,000 stock options at a strike price of $1.21 per share. In September 2004, the shareholders agreed to give him 425,000 more options, at a strike price of $1.26 per share. Though some could be exercised, he hasn't used a single one. If Lumenis does not relist, these stock options will be as useful as toilet paper. Also, the stock market is the natural place to raise money.
Where would it relist?
Probably in the U.S., where it has already spent a great deal of effort complying with the Sarbanes-Oxley rules, and because that's its main market.
Would delisting affect the company's business?
When the company was tossed off the Nasdaq NM onto the pink sheets two years ago, Raz wrote to the company's customers to settle their hackles. Customers like certainties and its business could take a beating for a quarter or two, but how would investors know? Lumenis wouldn't be releasing financial statements.
Meanwhile, Lumenis is paying about $10 million a year to its accountants and lawyers, a huge sum for a company of its size. Once the SEC woes are done, its costs should plunge and its revenues soar, which is a good thing. The company could break even and step up repaying its gigantic $190 million debt to Bank Hapoalim.
Might somebody buy it?
Maybe. A few months ago Philips entered talks with Bank Hapoalim, Lumenis' biggest creditor by far, about an acquisition, but nothing came of it as far as we know. There is another possibility, that Mivtach Shamir Holdings (TASE: MISH) will bite.
http://www.haaretz.com/hasen/pages/ArticleContent.jhtml?itemNo=701922
Dubi
Integrated Software Development Sells Upgrade to Long-Standing Client
Thursday March 30, 9:15 am ET
Leading Communication & Security Company Buys Version 5.0
KIRYAT BIALIK, Israel and LAS VEGAS, March 30, 2006 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Other OTC:ITWJ.PK - News), a provider of enterprise software aimed at small-and medium-sized enterprises, today announced that it sold an upgrade version of BENEFIT 5.0 to Evron Communications & Warning Ltd.
``This upgrade is an excellent vote of confidence in our product,'' comments ISD CEO, Moti Maram. ``Not only is Evron a long-standing and very satisfied client, but ISD is becoming the only player with a comprehensive solution for this vertical market. We've made other sales to this industry over the past year and we are not seeing any real viable competition that can compare to BENEFIT's performance.''
Evron is a leading communication and security company, specializing in low voltage installations and maintenance. The company has a large staff of field technicians across the country and it boasts a wide range of installations in many government offices, along with large companies and private homes.
``A lot of Evron's equipment and devices are installed around the country. This means that as they expand their operations, they have a growing need for sophisticated CRM solutions to manage their marketing, sales and customer service operations,'' continues Maram. ``Evron is very well versed in the BENEFIT system and they decided that the upgrade to Version 5.0 will give them the added management capabilities that they need to continue their growth.''
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small-and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact Jeff Adams, invest-isd@isdsoft.com or visit us on the Web at http://www.isdsoft.com.
http://biz.yahoo.com/pz/060330/96424.html
Dubi
GMED Ready to take off on Bird Flu play JMHO
Integrated Software Development Develops Bookkeeping Module to BENEFIT
Wednesday March 29, 9:15 am ET
Opens New Market Opportunities for CRM Software
KIRYAT BIALIK, Israel and LAS VEGAS, March 29, 2006 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Other OTC:ITWJ.PK - News), a provider of enterprise software aimed at small- and medium-sized enterprises, today announced that it has completed the development of a bookkeeping module for BENEFIT software.
``In creating this module, our objective was to simplify the management process wherever possible,'' says ISD's CEO, Moti Maram. ``Rather than jumping from one program to another, it is far better that the person closing a sale can be fully attentive to his customer rather than trying to figure out which program to use to generate an invoice or to report the sale. The new bookkeeping module we have created allows the generation of line item entries. This gives us a much more complete package to offer our clients.''
This new module comes in addition to the many bookkeeping features that are already in place. For example, ISD's BENEFIT software already includes the ability to create tax invoices, receipts, credit invoices, purchase invoices, purchase invoice credits, deposits and payments to suppliers.
``We are particularly excited about the prospects of marketing this module along with BENEFIT,'' adds Maram. ``It adds greater value and features for our existing base of users, and in approaching new customers we offer them the opportunity of working with fewer software solutions while accomplishing more.''
The bookkeeping module interfaces with most existing bookkeeping programs. To this end, clients can export line entries from the module to their existing bookkeeping system or directly to their accountants. ISD will launch marketing the new module in Q2 of 2006.
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small- and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact Jeff Adams at invest-isd@isdsoft.com or visit us on the Web at http://www.isdsoft.com.
http://biz.yahoo.com/pz/060329/96335.html
Dubi
Integrated Software Development Closes Contract with Contact Lens Manufacturer
Tuesday March 28, 12:00 pm ET
BENEFIT to Manage Marketing and Sales
KIRYAT BIALIK, Israel and LAS VEGAS, March 28, 2006 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Other OTC:ITWJ.PK - News), a provider of enterprise software aimed at small- and medium-sized enterprises, today announced that it has signed an agreement with Soflex Ltd.
Soflex develops, manufactures, and markets contact lenses, lens solutions and accessories. The variety of soft lenses includes multifocal, toric, therapeutic, cosmetic, prosthetic, and disposable, in addition to gas permeable lenses. Soflex also manufactures custom-made lenses, using advanced CNC lathes to achieve sophisticated, precision design and to ensure uniform products.
``This is our first sale to the lens manufacturing market,'' says Moti Maram, CEO of ISD. ``Soflex is a great entry-level client for ISD, and we hope to access other players in this huge vertical market. BENEFIT can play a central role in the management of these companies, particularly when they are dealing with such a large customer base.''
With such a large product base, Soflex is the primary supplier to the contact lens market in Israel and exports to 25 countries across Europe, South America, and the Middle East. The company also imports and sells quality brands from Europe and the United States, as well as offering private labels.
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small- and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact Jeff Adams at: invest-isd@isdsoft.com or visit us on the Web at http://www.isdsoft.com.
http://biz.yahoo.com/pz/060328/96317.html
Dubi
GammaCan Announces Positive Pre-IND Meeting with the U.S. FDA Regarding VitiGam - the Company's Novel Treatment for Metastatic Malignant Melanoma
Last Update: 7:30 AM ET Mar 22, 2006
GIVAT SHMUEL, Israel, Mar 22, 2006 (BUSINESS WIRE) -- GammaCan International Inc. (GCAN : ) , a developer of immunotherapies for the treatment of cancer and other diseases, today announced that the Company met with the U.S. Food and Drug Administration (FDA) on March 1st, 2006 to discuss requirements for the filing of an Investigational New Drug (IND) application for VitiGam, the Company's second generation investigational treatment for metastatic melanoma.
GammaCan's scientists led by Prof. Yehuda Shoenfeld, M.D. have previously shown that plasma-derived IVIg has anti-cancer activity in a number of animal models. More recently, GammaCan has initiated an open label Phase II trial evaluating the anti-cancer properties of plasma-derived IVIg. This trial is expected to conclude later this year and data will be presented after it has been evaluated.
GammaCan is planning to initiate human clinical trials with VitiGam, its second generation IVIg-anti-cancer product. GammaCan scientists have shown that plasma from donors with vitiligo, a benign condition affecting skin pigmentation, has anti-melanoma properties. Based on these and other findings, the Company recently held a pre-IND meeting with the FDA.
"The meeting with the FDA is an important step towards getting VitiGam into the drug approval process," said Prof. Jacob Nusbacher, M.D., Director of Medical and Scientific Affairs for GammaCan. "GammaCan is very pleased with the meeting and received valuable input. We will be building on these discussions and plan to go forward with the development of VitiGam in order to seek FDA approval to initiate human clinical trials," Prof. Nusbacher concluded.
About Vitiligo
Vitiligo is a benign skin disorder affecting up to 2% of the population, or 40 to 50 million people worldwide. The condition is characterized by the loss of skin pigmentation due to the destruction of melanocytes, the skin's pigment-producing cells. Individuals with vitiligo are usually otherwise healthy and are able to donate blood or plasma. (Source: National Institute of Arthritis and Musculoskeletal and Skin Diseases (NIAMS) National Institutes of Health Public Health Service -- U. S. Department of Health and Human Resources).
About Melanoma
Melanoma is a skin cancer caused by the uncontrolled growth of melanocytes. There are over 55,000 new melanoma cases in the United States each year, and the incidence of the disease is increasing. In about 15 to 20 % of patients the cancer spreads beyond the skin and invades lymph nodes followed by the spread to other organs often rendering surgical excision ineffective. Current therapies are only moderately effective with response rates in the 10% to 20% range. Most therapies also have severe side effects. (Source: The Melanoma Research Foundation and the American Cancer Society).
About GammaCan:
GammaCan is focusing on the commercialization of an innovative anti-cancer immunotherapy to treat metastatic cancer. GammaCan's platform is based on IVIg, a safe, relatively non-toxic human plasma-based product, currently used to treat a variety of immune deficiencies and autoimmune diseases. IVIg works by strengthening the patient's immune system. Many experts currently view immunotherapy as a future alternative to today's standard chemotherapy. GammaCan is developing VitiGam, its second generation program. VitiGam is an IVIg derived from the plasma of vitiligo donors and is being developed to treat malignant melanoma. GammaCan owns, and has applied for US patent protection covering the use of IVIg and vitiligo-derived IVIg (VitiGam). For more information about GammaCan visit www.GammaCan.com or call the company's headquarters in Givat Shmuel, Israel at 972 3 5774475 or toll free 1-866-308-0396 (from North America).
Dubi
Companies traded having started as reverse shell mergers,
AMZB.OB
BCLI.OB
CSTM.PK
DFNS.OB
FTGI.PK
GCAN.OB
HOUM.OB
IDTA.PK
INKS.OB
IRBL.OB
ITWJ.PK
LPST.OB
MSNC.PK
MZPP.PK
ORGT.PK
PLRS.OB
SFIN.OB
SHRN.OB
SLGI.OB
SPOM.PK
TCGD.OB
TSSR.OB
VSUS.OB
ZPPI.OB
Dubi
InRob Tech Ltd. Sells 3 Remote Control Special Purpose Systems to Army
Thursday March 16, 9:22 am ET
Advanced Functions to be Used in Dangerous Operations
LAS VEGAS, March 16, 2006 (PRIMEZONE) -- InRob Tech Ltd. (``InRob'') (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the Company has sold three remote control special systems for tractors to the Israeli Defense Forces (IDF).
These sophisticated remote control tractors are to be put into immediate action for cleaning and clearing operation-critical routes for the IDF. InRob Tech has already sold a range of remote control systems for vehicles used by the Israeli army, including for a Humvee(r), the army version of the Hummer jeep, and for a Caterpillar D9 tractor.
These new multi-purpose systems for tractors are equipped with several high level controls that come in addition to InRob Tech's advanced wireless remote control operation of the vehicle, making it ideal for dangerous field operations. They are equipped with a hydraulic arm and a gripper that reaches to distances of approximately 10 feet for picking up and removing suspect payloads weighing up to 440 lbs. In addition, the tractors come with 'ripping' or scraping capabilities, used for uncovering mines and charges of up to 14.5 inches below ground-level surface. The operator has the use of four mounted cameras for pan and tilt functions, for operating the arm, for driving the tractor and for operating the scraper.
``Israel continues to be our testing ground for new developments,'' say Ben Tsur Joseph, CEO of InRob Tech. ``We know that these unique and very practical tractors will get a lot of use by the army. As a result, we expect these tractors to attract a lot of new interest and attention, which we hope can translate into additional sales of our new UGV in other countries.''
About InRob Tech
InRob Tech is a Nevada based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at http://www.inrobtech.com.
http://biz.yahoo.com/pz/060316/95732.html
Dubi
Salkind eyes Lumenis
Mivtach Shamir CEO Meir Shamir may also bid for the medical devices company.
Golan Fridenfeld and Tali Tsipori 14 Mar 06 17:40
Sources inform ''Globes'' that Elco Holdings Ltd. (TASE: ELCO) chairman and CEO Gershon Salkind is interested in acquiring the controlling interest in Lumenis Ltd. (OTCBB:LUME). Salkind is joining Mivtach Shamir Holdings Ltd. (TASE:MISH) chairman and CEO Meir Shamir and quite a few other entities expressing an interest in taking over the Yokneam-based company, which has been in recovery for the past two years.
Mivtach Shamir today responded to press reports that it was bidding for Lumenis, saying, “We periodically review various investments as part of our regular business.” The company said that, at this stage, no investment under review had reached the stage requiring notice to the Tel Aviv Stock Exchange (TASE), including an investment in Lumenis.
Salkind has previously bid for financially troubled companies, such as the Shekem retail chain, and appliance maker Elco Brandt. In other words, the acquisition of a company like Lumenis fits Salkind’s investment profile.
It seems that Lumenis’s troubled condition complicates transferring control in the company, because of its large debt to Bank Hapoalim (LSE: BKHD; TASE: POLI) ($190 million debt at the end of 2005). A sale of Lumenis will have to placate not just the buyer and seller as in the usual case, but a three party as well.
The third party in a sale is Bank Hapoalim to which, as noted above, Lumenis owes $190 million. The debt comes from Lumenis’s acquisition of Coherent Inc. (Nasdaq: COHR) five years ago. Lumenis’s debt grew by $1.9 million during 2005, and the company now has $14.1 million in cash and an unused credit line of $19.1 million. The debt to Bank Hapoalim has been a millstone around the company’s neck for five years, and financing this debt is the main reason why it is unable to make a net profit.
When Lumenis announced its compromise with the US Securities and Exchange Commission (SEC), assessments grew that the company had agreed to delist its shares from trading in part to try to negotiate a sale far from the eyes of shareholders. Lumenis has been traded on the Pink Sheets for the past two years. Its share has plummeted 32% since the announcement of the compromise, and is now trading at a level reflecting a market cap of $63 million.
Published by Globes [online], Israel business news - www.globes.co.il - on March 14, 2006
Dubi
End of an embarrasing saga
If, as a public company, Lumenis was contemptuous of its shareholders and never asked their opinion, who knows what its management will do now.
Shlomo Greenberg
What exactly happened at Lumenis Ltd. (OTCBB:LUME) What happened was that the company told the public about the agreements in principle reached with the US Securities and Exchange Commission (SEC) Division of Enforcement on issues that led the SEC to open an investigation against the company a year ago.
The purpose of the agreements in principle, which are not binding on the SEC or the courts, are to bring an end to the investigation, once and for all, put the past behind the company, and enable to move forward with a clean slate. Since the SEC Division of Enforcement agreed in principle to Lumenis’s proposals, the agreements will probably be upheld.
Lumenis proposed to accept binding restrictions, without admitting anything. Under the proposal, no fine will be imposed on the company, which will continue to assist the SEC with whatever it asks. Lumenis will also delist its shares form trading in the US, until the SEC agrees to reregister them. The SEC may still initiate legal proceedings against two former Lumenis employees, to which the company has consented.
We can only hope that this will end Lumenis’s problems, and the company can go forth, ostensibly with clean hands, but still saddled with immense debts. Although the documents, it must be said, were filed with the SEC in early March, the company has not yet clarified what its US and Israeli shareholders will do with their liquid shares. This is the main reason why the share has plummeted, despite what appears to be an improvement in the company’s circumstances on Main Street, and rightly so. What does delisting from trading mean? It means that shareholders will own, without anyone asking their opinion, shares in a private company, rather than a public one. Who wants to be an anonymous shareholder in a private company in which he or she has no influence on developments, when previously they ostensibly had influence, but were ignored?
Of course both the expert investor and layman are selling their Lumenis shares. At least this way they’ll see a few pennies from this very embarrassing and painful saga. If, as a public company, Lumenis was contemptuous of its shareholders and never asked their opinion, who knows what its management will do now. It is very important to looked at the scorched earth Arie Genger has left behind in Israel, and make some changes for the next times.
Published by Globes [online], Israel business news - www.globes.co.il - on March 14, 2006
Dubi
HomelandDefenseStocks.com Announces New Featured Company Detex Security Systems Inc., Providers of State-of-the-Art Plastic Explosive and Weapons Detection Technology
Tuesday March 14, 9:00 am ET
Detex Security Systems Inc. Brings New Portable Screening Device 'the Milliscope' to Market
POINT ROBERTS, WA--(MARKET WIRE)--Mar 14, 2006 -- www.HomelandDefenseStocks.com (HDS) and www.BorderandPortSecurity.com (BPS), global investor and industry news portals for the homeland defense and security sector, is pleased to announce Detex Security Systems, Inc. (Other OTC:DXSC.PK - News) as a new featured company. Detex offers a new portable device called the Milliscope, which uses proprietary millimeter wave technology to detect plastic explosives and concealed weapons, aiding in the prevention and deterrence of security threats.
Detex's current product, the Milliscope, is a handheld device which acts as a portable screening solution aimed for use in venues such as airports, schools, government buildings and border checkpoints. The device also has the ability to be incorporated into other devices. Detex is focused on bringing detection methods to market, which will help uncover the use of contraband such as explosives and accelerants, liquids, chemicals and narcotics, at critical points of entry. According to Gabe Bitton, chief executive officer of Detex Security Systems, "The Milliscope uses a combination of passive sensors including passive millimetric wave technology to detect hidden objects under the clothes, outside and inside buildings."
The U.S. Department of Homeland Security Appropriations Act of 2005 currently includes "$419.2 million in new funding to enhance border and port security activities, including the expansion of pre-screening cargo containers in high-risk areas and the detection of individuals attempting to illegally enter the United States." While this is the case, opportunities for companies to bring their products to market could weigh in considerably.
Detex continues to focus on investigating and developing millimeter wave-based products and technologies for future distribution in the security solutions industry as they work to provide products with unobtrusive screening technologies, in today's global market. The company remains dedicated to increasing global awareness of the need for unobtrusive screening measures, in order to maintain a level of efficiency and ease of use, particularly in high traffic regions.
Currently, the company plans to work with both public and private organizations to employ its security device directly and will work to establish licensing agreements with other companies, who already have a presence in explosive or weapons detection environment.
Featured Company: (HDS is compensated by Detex Security Systems as disclosed in disclaimer below.)
Detex Security Systems, Inc. (Other OTC:DXSC.PK - News) owns a state-of-the-art plastic explosive and weapon detection technology, the Milliscope. This revolutionary, portable device utilizes millimeter wave sensors to detect security threats including plastic explosives, metallic and non-metallic weapons and drugs. Detex's technology has the ability to be incorporated into other devices or used as a single comprehensive noninvasive screening solution at venues such as airports, schools, government buildings and border checkpoints.
For more info on Detex, click here: http://www.homelanddefensestocks.com/CO/DXSC/Default.asp
http://biz.yahoo.com/iw/060314/0113066.html
Dubi
Proposed settlement of three-year case involves delisting Lumenis
08.3.06 | 10:20 By Shirley Yom-Tov
The U.S. Securities and Exchange Commission investigation into Lumenis (Nasdaq: LUME.PK) is apparently nearing an end, after three years. Lumenis, which develops and sells lasers for surgical and cosmetic applications, said this morning that an agreement in principle has been reached. If approved by the requisite authorities, Lumenis will be delisted from trade and will have to relist again from scratch.
At present, in any case, Lumenis has been relegated to the pink sheets.
The probe centered on recognition of certain transactions in the company's 2002 and 2003 financial statements. Lumenis had even admitted in the past that it inflated revenues in those years.
On February 21, 2005, Lumenis announced notification from the SEC, that civil charges would be pressed regarding its reporting of certain transactions in those years.
The agreement in principle remains to be officially approved at the SEC and by the court, where the SEC filed its complaint. There is no certainty, Lumenis stresses, that either will approve it.
Under the settlement, Lumenis would not admit to any wrong-doing or deny the allegations. But it would consent to the entry of a permanent civil injunction against future violations of the antifraud, reporting, books and records, and internal control provisions of the federal securities laws and related SEC rules, it said.
No fines would be imposed under the proposed settlement, it says, and it would continue to cooperate with the SEC's ongoing investigation of others.
As for its delisting, Lumenis says it hopes to relist for trade during the second quarter of 2007.
Lumenis also says it realizes the SEC means to press charges against one present and one former employee. "?the former employee has agreed to settle the charges at the same time as the company and that the current employee does not intend to settle the charges," it added.
The company also said it is working with BDO Ziv Haft to produce audited financial statements. To help in preparing its financial statements, the company says it is working with a team of accountants from Alix Partners
And if approved, the agreement would end the three-year investigation.
http://www.haaretz.com/hasen/spages/691751.html
Dubi
Integrated Software Development Expands Sales in the Security Industry
Tuesday March 7, 9:00 am ET
Company Signs With Another Leading Security Company
KIRYAT BIALIK, Israel and LAS VEGAS, March 7, 2006 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Other OTC:ITWJ.PK - News) (Other OTC:ITWJ.PK - News), a provider of enterprise software aimed at small- and medium-sized enterprises, today announced that it has signed an agreement with Mivtzar Alarm and Security Systems Ltd.
The sale to Mivtzar comes three months after ISD made a large sale to Amin General Security Ltd., another player in this large vertical market. ``ISD identified the alarm and security business as a perfect match for the use of BENEFIT,'' notes Moti Maram, CEO of ISD. ``This industry supplies huge quantities of equipment, pretty much in every installation they do. In addition, the security service is booming. The combination of the two make for serious CRM management challenges that BENEFIT is able to solve, both in terms of service and sales.''
Mivtzar was founded in Israel in 1989, specializing in the installation and maintenance of security and fire detection systems, as well as several other low voltage applications. The company operates an advanced emergency center for its customers, which include the Ministry of Defense, the Israeli Defense Forces, EuroCom, Motorola, local municipalities and several high-tech and industrial companies. The company also services private homes and individuals.
Maram continues, ``The demands on this industry are naturally higher than in most others, because human lives are involved. Mivtzar has expanded beyond the capabilities of their existing system and BENEFIT brings them the performance levels they need to stay on top of their industry and clients. We are continually finding that the performance of BENEFIT far exceeds that of our competition, on virtually all program parameters. This builds real value in the Company and we hope to target more security and alarm companies as we move forward.''
BENEFIT is an off-the-shelf solution that is geared toward small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small-and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact Jeff Adams at invest-isd@isdsoft.com or visit us on the Web at http://www.isdsoft.com.
http://biz.yahoo.com/pz/060307/95316.html
Dubi
InRob Tech Ltd. Generates Several Leads at Indian Homeland Security Exhibition
Monday March 6, 10:00 am ET
LAS VEGAS, March 6, 2006 (PRIMEZONE) -- InRob Ltd. (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the Company's CEO and General Manager returned from DefExpo '06 with excellent new leads for establishing long-term business relationships.
``InRob is particularly grateful to our local representatives in India, Alpha Design Technologies, for assisting the Company to participate in this elite global event,'' notes Mr. Ben-Tsur Joseph, CEO of InRob Tech. ``Our participation in the DefExpo represents InRob's kick-off of global business development activities for 2006 and we look forward to working closely with the Indian government over the coming years through our partnership with IMI.''
InRob Tech's Hornet MK-5 was on exhibit at the show. Homeland security and defense representatives from all over the world were shown, first-hand, the performance advantages of this compact, rubber-tracked robot that is ideal for such activities as bomb disposal and riot control.
``We were pleasantly surprised at DefExpo this year,'' continues Joseph. ``Our newly developed remote control weapon station (RCWS) was also on display at the exhibition, only it was in the booth of India's Ordinance Factory Board (OFB), a division of their Ministry of Defense. Through their relationship with Israel Military Industries (IMI), the OFB is promoting the RCWS within the various military divisions in India. This is an exciting 3-way relationship and, as a result, we expect to close the 300 unit order for the weapon stations sometime later this year.''
``We had many very interesting meetings and we will be extremely busy over the coming months in following up on the business development activities that were initiated at this exhibition. Our potential customers will be making major budgetary decisions, so it is reasonable to expect that the sales process for any one of our UGV's or remote controlled systems will extend at least six to twelve months.''
About InRob Tech
InRob Tech is a Nevada based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at http://www.inrobtech.com
http://biz.yahoo.com/pz/060306/95128.html
Dubi
Detex Security Systems Acquires Plastic Explosives Detection Technology
Wednesday March 1, 12:12 pm ET
Company Enters the $40 Billion Homeland Security Market
TEL AVIV, Israel, March 1, 2006 (PRIMEZONE) -- Detex Security Systems, Inc. (Other OTC:DXSC.PK - News), formerly Royal Sunmark Energy Corp., announced today that the company has acquired all of the explosives detection technology from Intelligent Industrial Systems Research, Ltd., which includes a functioning prototype device. Detex Security plans to market and distribute this portable state-of-the-art device called the ``Milliscope' as a detecting solution designed to provide security in public and private facilities such as airports, government buildings, schools, corporate offices and border checkpoints.
The Milliscope uses proprietary millimetric wave technology to rapidly and accurately detect plastic explosives such as Semtex and C-4, conventional explosives such as TNT, and other contraband such as metal and non-metal weapons and illegal drugs. Detex, located outside of Tel Aviv, Israel, currently has 12 full-time employees and is headed by Gabriel Bitton, a senior metallurgical engineer, who previously headed sales and marketing for British Oxygen worldwide.
Gabe Bitton, chief executive officer of Detex Security Systems, comments, ``We are very excited to introduce the Milliscope as a leader in sensor-based detecting technology. According to the Civitas Group, the market for sensor-based screening technology is expected to exceed a billion dollars annually. Our innovative handheld device can be used to instantly detect plastic explosives and other concealed contraband such as weapons and drugs in a non-invasive and efficient manner. Though extremely effective as a standalone detection solution, the Milliscope will also act as the core technological device that Detex will use to develop advanced detecting and screening methods and automatic detainment abilities to combat terrorism and other security threats.'
Additional information about Detex can be found at the company's website http://www.detexsec.com.
http://biz.yahoo.com/pz/060301/95002.html
Dubi
Integrated Software Development Signs Follow Up Contract With Largest Chemical Consumer Co. in Israel
Monday February 27, 3:00 pm ET
BENEFIT to Manage Operations of Major Division
KIRYAT BIALIK, Israel and LAS VEGAS, Feb. 27, 2006 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Other OTC:ITWJ.PK - News), a provider of enterprise software aimed at small-and medium-sized enterprises, today announced that it signed an additional contract with Sano Ltd., Israel's largest manufacturer and supplier of chemical consumer and personal hygiene products.
BENEFIT will be used by Sano to manage their diaper products division, the largest in the country. The new contract comes less than three months after the company's first order of the system for their customer service department, and other divisions are expected to order the system as well.
Moti Maram, CEO of ISD, says, ``Because Sano has such a huge and vast marketing and distribution network, they can fully appreciate the value that BENEFIT offers as an end-to-end CRM system. It didn't take them much time to use the system and decide that their diaper products division could make good use of the system as well. This is now our model with other large companies that have made initial purchases of BENEFIT -- we will be leveraging our relationships to deepen our sales efforts in several vertical markets.''
Sano is a manufacturer and importer of consumer goods and cleaning equipment. Their extensive product line includes dish care, household cleaners, laundry, paper products, baby care products and a broad line of hygiene and cosmetics products. In addition, Sano manufactures, sells and services institutional dish washing systems. With hundreds of products, the company continues to introduce tens of new products each year.
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small-and-medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact Jeff Adams at invest@isdsoft.com or visit us on the Web at http://www.isdsoft.com.
http://biz.yahoo.com/pz/060227/94872.html
Dubi
InRob Tech Ltd. Launches Development of Autonomous Tractor
Major Applications in Both Military and Civilian Markets
LAS VEGAS, Feb 9, 2006 (PRIMEZONE via COMTEX) -- InRob Ltd. (IRBL : inrob tech ltd com 0.56, 0.00, 0.0%) , a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the Company has launched the development of remote control systems for tractors, making them fully or semi-autonomous.
Building upon InRob Tech's existing remote control technologies, the Company has launched the development of applications intended to solve everyday operations on tractors. InRob will install a low-level control (LLC) system on the tractor, an electronic system that enables the operator to remotely drive the tractor.
The initiative for the creation of this system comes from business development discussions that the Company has held with various contacts around the world.
A sophisticated navigation system will be built on this LLC foundation. The system will be able to upload way points that dictate the exact route of the tractor, which guide the tractor autonomously from point to point. In addition, as the tractor is driven by the operator, the system can memorize and store the route for future autonomous use. Several routes can be stored in the system, and the operator will even be able to upload new routes while the tractor is in operation, enabling the operator to choose the best route for the tractor at any given time. InRob Tech's autonomous tractor system will also allow for operator intervention, meaning that the operator can 'fall back' to a remote control system for driving and operating the tractor.
"Our new development will be a significant advancement in positioning InRob as a major player in the military and civilian industries," says Shimon Shamai, InRob Tech's VP of Research & Development. "We will continue to develop systems that are geared to enabling unmanned operation of both mundane and dangerous activities."
The Company expects to have a working prototype ready within six months.
About InRob Tech
InRob Tech is a Nevada based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at www.inrobtech.com.
Dubi
InRob Tech Ltd.'s Products to be Featured in Major Homeland Security Exhibition
Friday January 27, 10:00 am ET
LAS VEGAS, Jan. 27, 2006 (PRIMEZONE) -- InRob Ltd. (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it will be exhibiting the Hornet MK-5 at DefExpo '06, which will be held in New Delhi, India, beginning January 29th.
``InRob is proud to be invited to exhibit by India's Ministry of Defense,'' says Mr. Ben-Tsur Joseph, CEO of InRob Tech. ``We have a long-standing relationship with the Indian government, and we are most appreciative of the confidence they have shown by allowing us to participate in global exhibition. Now that we have made major strides in bringing InRob Tech's UGV technologies to the Indian market, we hope that DefExpo will be our jumping board to strengthen our ties with India and build new relationships with customers from around the world.''
DefExpo '06 is an exclusive homeland security exhibition sponsored by the Government of India's Ministry of Defense. The Company would like to thank the Ministry for inviting InRob Tech to participate in this elite exhibition and looks forward to a growing mutually beneficial relationship with India over the coming years.
The Company will showcase its Hornet MK-5, a compact, rubber-tracked robot that can be use to meet a wide range of military and law enforcement needs, such as bomb disposal and riot control. The compact UGV is easily transported in a car and carried by two people. This robot has two color TV cameras and can climb stairs and roll through aircraft and offices. The robot's arm allows delicate movement to carry out the most difficult of tasks. The robot can operate for two hours with an effective range of 260 meters. In addition, the Hornet MK-5 can be equipped with nuclear, biological and chemical (NBC) sensors, adding further value to the system.
``We're very excited to be working with Alfa Design Technologies at this exhibition,'' continues Joseph. ``As our local partners in India, we look forward to their assistance in forging new and valuable business relationships not only for marketing the Hornet MK-5, but also for exposing the market to our growing line of homeland security, civilian and military systems.''
About InRob Tech
InRob Tech is a Nevada-based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at http://www.inrobtech.com.
http://biz.yahoo.com/pz/060127/92972.html
Dubi
InRob Tech Ltd. Releases New Remote Control System for Weapon Station with Purchase Orders to Exceed $3 Million
1/19/2006 9:30:27 AM
LAS VEGAS, Jan 19, 2006 (PRIMEZONE via COMTEX) -- InRob Tech Ltd. (IRBL), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced the release of its proprietary remote control system for weapon stations with purchase orders to exceed $3 million. The Company's remote control system for weapon stations represents state-of-the-art technology and engineering. It can be mounted on a wide range of combat support platforms, is lightweight, and operates in the most difficult of terrain and weather conditions.
InRob Tech is working closely with Israel Military Industries (IMI) on the development and marketing of the remote control weapon station, which is priced at close to $11,000 per unit. An initial order for these modular and versatile remote control systems will be in excess of 300 units, with a value of over $3 million.
The RCWS can be operated from a central computer or as a stand-alone unit controlled by an operator using a mobile remote control system. A unique feature of On Screen Display (OSD) was developed by InRob Tech. It assists the operator by gathering and displaying operational and critical feedback from and around the weapon station. Consequently, this state-of-the-art weapon station is fully controlled from a distance. For example, the RCWS can be mounted on top of a vehicle or just outside of a trench, and the operator can safely sit down below in the vehicle or in the trench and operate the system.
Mr. Shimon Shamai, the VP of R&D at InRob Tech, says, "Special attention was given to the physical mobility of the remote control system -- the operator can control the elevation of the weapon and has full freedom with 360 degrees of firing angles (azimuth). The remote control system is fed by a number of sensors that are used to gather the operational status of the weapon station and pass on critical data to the remote control unit. The weapon station houses two to three different types of cameras, which feed back to the central computer and remote control unit."
Shamai comments, "In developing the remote control system for weapon stations, our goal was to create a user experience that is equivalent or even better than a human-operated weapon station. That is why we spent so much time and effort on developing all the human interface features. We have included engineering and design of the highest of levels, making it very easy and intuitive to operate. As a result, we give armies the benefit of both worlds in terms of functionality and operator safety. We pack a lot of value into our units, with such features as the OSD, outstanding visual feedback and display from the mounted cameras and sensors, full remote control of the system and the total safety that comes with remote operation."
InRob Tech views IMI as a natural partner in developing the RCWS. "As a large defense supplier, IMI is a great partner for InRob," says Mr. Ben-Tsur Joseph, CEO of InRob Tech. "Through our cooperative efforts, IMI has captured the attention of several large foreign clients, and is playing an integral role in attracting several large contracts.
IMI developed the mechanics and the computerized management system of the weapon station. InRob Tech developed the remote control system that can either work independently from the main computer system or can fully interface with the computer in operating the weapons station. This interface is effective not only in the operation of the weapon station, but also in attaining critical feedback and data from the weapon station, such as the number of shells remaining. Moreover, the technology and human interface easily lend themselves to remote control applications for a wide range of weapons.
"The brilliance of this system is that it is designed to control, in the future, a network of very smart RCWS's from the central management computer," continues Joseph. "Our interface to IMI's management system adds even greater versatility for operation and control. In addition, IMI's market research has shown us that armies around the world can make excellent use of our remote control system for weapon stations. We have an extremely flexible and versatile product and we know that it can fulfill an important position in the global marketplace."
"There are only a few companies in this market today," concludes Joseph. "We have brought our many years of field and operations experience to the development of this remote control system, so I think we will have a strong competitive advantage as we progress in the marketplace."
About InRob Tech
InRob Tech is a Nevada based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at www.inrobtech.com.
Dubi
MSNC .0013 - some buzz on the boards that it may come alive.
Malers Automation and Control Upgrades Controller
Monday January 16, 11:26 am ET
GPS Clock Included in Sequential Event Recorder
HADERA, Israel, Jan. 16, 2006 (PRIMEZONE) -- Malers Automation and Control Ltd. (``Malers'') (Other OTC:MSNC.PK - News) today announced that the company has completed an upgrade of its proprietary Programmable Logic Controller-Sequence Event Recorder (called a PLC-SER).
The Sequence Event Recorder now includes a GPS Clock, which synchronizes the time with a GPS satellite. This means that every PLS-SER in a specific facility will perform and record their functions and events according to exactly the same time. In addition, the company has added TCP/IP option, enabling support of Ethernet connections.
``In complex industrial processes several events can and will occur simultaneously,'' says Ronen Luzon, CEO of Malers. ``Each event needs to be recorded by our PLC-SER. Frequently, two simultaneous events in different locations of the factory could be interconnected, and recording the exact time of these events means that the factory operators will be better able to interpret the events and make adjustments to the process. With the world going wireless, Ethernet support for industrial processes is now a standard feature on our products.''
Malers will begin marketing the upgraded PLC-SER to their existing customers and will be including the new upgrade in all future projects. ``This adds further value to our products,'' continues Luzon, ``and as the demands of automation in industry become more complex, Malers' products will offer the best performance with competitive pricing.''
About Malers
Malers Automation and Control Ltd. is an Israeli systems company that develops, manufactures, sells and maintains automation and control systems for industrial applications. The company produces turnkey systems that replace labor-intensive, error-prone and costly manual production and monitoring functions. Since the company's inception in 1996, Malers' custom designed systems have been installed in major industrial applications worldwide. Their systems offer centralized and remote control of complex manufacturing processes, and data collection and analysis systems.
For more information, please contact Jeff Adams, at: malers-a(@)malers-automation.com or visit us on the Web at http://www.malers-automation.com.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
Contact:
Malers Automation and Control Ltd.
Jeff Adams
malers-a(@)malers-automation.com
--------------------------------------------------------------------------------
Source: Malers Automation and Control Ltd.
InRob Tech Ltd. Records First Sale of Its Remote Control System for Military Hummer to Israeli Defense Forces
Thursday January 12, 9:17 am ET
System to be Used in Dangerous Operations
LAS VEGAS, Jan. 12, 2006 (PRIMEZONE) -- InRob Ltd. (``InRob'') (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it has delivered an initial remote control system for operating a Hummer(R) HMMWV (High-Mobility Multipurpose Wheeled Vehicle) jeep to the Israeli Defense Forces (IDF) at a price of close to $70,000 per unit. The Company anticipates delivery of additional units over the course of this year.
``This sale represents what we hope is the beginning of a new and large market for InRob Tech,'' comments Ben Tsur Joseph. ``We continue to feed the military and civilian markets with high tech solutions for the most dangerous of field operations tasks. The HMMWV, also known as Humvee(R), is a standard high performance operations vehicle in almost any army, and with the remote control capabilities offered by our system, we increase its functionality and performance by several levels.''
The Humvee(R) is used by the IDF and armies around the world for a wide range of field operations as it is designed for use over all types of roads, in all weather conditions and is extremely effective in the most difficult terrain. InRob Tech's remote control system enables fully remote operation of the jeep. In addition, the system is capable of including high level controls, such as the operation of cameras and weapons. This further increases the base price of the Company's system and makes its use highly attractive in the most dangerous of activities.
``Army operations continue to expand globally,'' continues Joseph. ``The trend to find high tech solutions to prevent casualties is growing in our favor and we expect that remotely controlled operations vehicles will become commonplace in the next few years. InRob Tech is well positioned to capitalize on this market, as our technologies have successfully gone through the toughest of testing by the most demanding of armies. I am optimistic of the direction of this market and our participation in it.''
Humvee is a registered trademark of AM General LLC. Hummer is a registered trademark of General Motors Corporation.
About InRob Tech
InRob Tech is a Nevada based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at http://www.inrobtech.com.
http://biz.yahoo.com/pz/060112/92236.html
Dubi
InRob Tech Ltd. Completes Military Trials of Remotely Controlled Hummer
Monday January 9, 10:00 am ET
The Popular Military Vehicle Can Now Be Unmanned
LAS VEGAS, Jan. 9, 2006 (PRIMEZONE) -- InRob Tech Ltd. (``InRob'') (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it has successfully completed the development and field trials of a remote control system installed on a Hummer jeep. Any function that a driver can perform in the vehicle can now be remotely managed by an operator at distances of up to 1.8 miles. Moreover, in the same way that a driver can see the dashboard and in-vehicle dials and meters, the operator can see all these parameters on his control unit. This enables operators to manage the vehicle with or without eye contact, depending on field conditions.
In addition, other add-on systems such as observation, transmission or video can be installed on the vehicle and operated by InRob Tech's same remote control system.
Hummers are highly common vehicles for several different field operations used by military forces around the world. Now, this robust military vehicle can be driven and operated using InRob Tech's highly sophisticated remote control system. InRob Tech's remote control system for the Hummer sells for approximately $70,000 per unit.
``The Hummer is so versatile that it is used by armies for many different operations,'' says Ben Tsur Joseph, CEO of InRob Tech. ``The Israel Defense Forces (IDF) put our system through the most rigorous of testing and we are very pleased with the results and positive feedback. InRob continues to work closely with the IDF and hopes to use this exemplary relationship to leverage our business development for this system around the world.''
The military Hummer is a multi-purpose jeep used by armies as a cargo-troop carrier, armament carrier, missile carrier, ambulance carrier, and a prime mover. There are tens of subtypes to fit the specific needs of military operations.
About InRob Tech
InRob Tech is a Nevada based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at http://www.inrobtech.com.
http://biz.yahoo.com/pz/060109/92058.html
Dubi
Steinmetz’s STI Ventures suspends Israeli activities
IVC Online: STI Ventures has invested in over 40 companies, 20 of which have closed down.
Ofer Levi 3 Jan 06 09:35
Ever since diamond merchant Benny Steimetz founded technology investment company STI Ventures in 1997, the company has known no rest. It made a long series of investments in Israel, had a few exits, but it also made many investments in companies that closed down.
Sources inform ''Globes'' that in contrast to the common trend in which foreign venture capital funds are expanding their Israeli activities through local branches, Steinmetz recently closed STI’s office in Israel. STI will continue to operate from its office in Amsterdam.
No response from STI was available by web-posting.
IVC Online reports that STI Ventures has invested in over 40 companies, 20 of which have closed down. Investments in public companies include Commtouch Software Ltd. (Nasdaq: CTCH), Compugen Ltd. (Nasdaq: CGEN; TASE: CGEN), Odimo Inc. (Nasdaq:ODMO), and Tucows (OTCBB:TCOW). Other active portfolio companies include PortAuthority Technologies, Flash Networks, and Interwise
Published by Globes [online], Israel business news - www.globes.co.il - on January 2, 2006
Dubi
Re :ILCO,
Thanks.
You might want to post it on GEMorJAM board,
as well, (#board-4472) with/without price
target/date.
GLTY,
Dubi
HAPPY NEW YEAR'S TO ALL.
thanx larry. you made my day. Merry Christmas to you and your family.
i like to wish all in several languages
Merry Christmas
Happy Hanukkah
Frohe Weihnachten
Happy Polski Kiermasz/Wesotych Swiat
Buon Natale
Joyeux Noel
Feliz Nauidad
And A Very Happy New Year To All.
hi dubi, good afternoon friends and readers.
Most welcome Mick,
With thousands of years of persecution and suffering,
the only protection we Jews had was ....sense of humour.
Now that we have a country, plus a strong Army for our
defense, our sense of humour is of little, or less useage.
:)
Regards,
Dubi
thank you. great balls of fire the jewish way. thank again for a little humor.
What a coincidence,
Fred asked me >>Btw, how come noone spells Channuka, Hanukkah, Hannukah, Channukah,...the same way?<<
My reply to him >>You know what they say...
round up 3 Jews, ask their opinion about anything
at all, presto, you receive 5 differing opinions.
or better still, read this (#msg-8419997),
plus read the reply to it(#msg-8420629)
Doobie
.........................................................
Dubi=Doobie=Duby, etc
In short, the iBox updates are pefect,
Regards,
Dubi
me again. did i do the merry christmas right in the iboxes?
Hi Mick,
Me ? a break ?
This is my break.
Regards,
Dubi
part #2...
• The average, everyday woman
• Age 20 to 50
• Women in relationships
• Young single women
• Women bored of their traditional workout routines
Global Competition
Los Angeles – S-Factor, plus many more
Vancouver – Aradia Fitness
San Francisco – Sedusa Studios
Las Vegas – Fun Fit Studio
Boston – Gypsy Rose Dancing
Baltimore – Xpose Fitness
Orlando – Stripping Slim Fitness
Colorado – Flash Dance Studios
additional info. About 'The Flirty Girls'
Flirty Girl Fitness is the brainchild of sisters Kerry and Krista Knee, who quickly adopted the nickname, 'The Flirty Girls'.
"We were watching an episode of Oprah last year where Desperate Housewives' Terri Hatcher demonstrated a sexy workout class she takes in LA", explained Kerry. "It looked like it blast and we just had to try it."
Flirty Girl Fitness is a women's health and fitness company inspired by the sensual movements performed in pole dancing, striptease and other exotic dances. They've combined these erotic movements with elements of yoga, aerobics, and strength training to provide a total body workout that builds core strength while increasing flexibility and sexuality.
The company's mission is to help women lead stronger, sexier and healthier lifestyles. The studios provide women with a safe, fun and supportive environment to explore their sexy side and let their inhibitions go. They believe the sensual techniques of striptease and pole dancing provide a platform of empowerment for women - encouraging a positive body image while building self-esteem and increasing confidence.
Signaling (OTC: BTLGF). Biotelemetric Signaling Inc. has acquired the franchising rights for the United States and worldwide infomercial rights for stripaerobics and pole dancing rights from Flirty Girl Fitness, and is continuing with its proposed name change to Flirty Girl International Inc.
hi dubi, i know you are taking a break from business. this next one maybe worth a toot.
this one looks very interesting. CESAREA, Israel, Dec 20, 2005 (PRIMEZONE via COMTEX) -- InterAge Ltd. (Pink Sheets:ITGJ),
#msg-8951999
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