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midastouch017

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midastouch017

Re: moxyone post# 2760

Friday, 11/24/2006 4:17:18 AM

Friday, November 24, 2006 4:17:18 AM

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Top Image to be dual-listed
The company apparently wants to list on the TASE in order to raise capital through an issue of convertible bonds.
Shiri Habib 23 Nov 06 17:04
Top Image Systems Ltd. (Nasdaq: TISA) plans to dual list on the Tel Aviv Stock Exchange (TASE). The company develops digital information recognition systems and technologies and automated document identification and processing solutions from different sources.
Top Image’s share has risen 21% since January, to give it a market cap of $31 million, making it eligible for dual listing. The company apparently wants to list on the TASE in order to raise capital through an issue of convertible bonds immediately afterwards.

Top Image declined to comment on the report.

Published by Globes [online], Israel business news - www.globes.co.il - on November 23, 2006

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