Hidden Gems

[midastouch017]

Re : ORGT,

OrganiTech USA Inc., Announces Financial Results for Year 2005 First Year of Significant Revenue - $1.65 Million - Increase of 338 % From Year 2004

Tuesday May 2, 7:02 am ET

The Company Initiates Process for Resuming Quotation on NASDAQ OTC Bulletin Board
Organitech Ltd. is Announcing its Audited Financial Report for the Year Ended December 31, 2005

YOKNEAM, Israel, May 2 /PRNewswire-FirstCall/ -- Revenue was $1.65 Million for the year ended December 31, 2005 - an increase of 338% from $377 thousand for the year ended December 31, 2004.
This was the first year in which the Company had significant revenues, the majority was contributed by a large scale project signed in Russia, for a total consideration of $2.7 Millions, which we believe will be recognized in full during year 2006.

(#msg-10913283)

Dubi