Raphael Pharmaceutical Inc (RAPH)

[eye_ater]

Morning people. Couple of highlights from yesterdyas update.

- We have advanced with the development of the YoGen® to the point where we will be initiating mass production. The first pilot run of 100 units is scheduled for March 11, 2009, with the start-up of full mass production scheduled for April 9, 2009.


- We have finalized the design of the YoGen MaxTM and will soon be initiating the process to prepare that product for mass production


- In 2008, we executed an agreement with Al-Sadeef Trading Company in Jordan to handle distribution of our products in the Middle East, in which they have agreed to purchase 300,000 ($3,000,000) YoGen®s per year.


- We are currently in negotiations with substantial distribution firms for other territories and are confident that several additional agreements will be finalized in the very near future.


- we will be executing a marketing plan that will include efforts in the United States and Canada.


- I have good reason to believe, with the reasonable success of our in-progress marketing discussions, that Easy Energy's revenues for 2009 could reach $10,000,000 with resulting earnings of $3,000,000 or better.


- We expect to be making progress reports on a regular basis in the near future