Tikcro Technologies Ltd. (fka TKCRF)

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Tikcro Technologies Reports 2005 Fourth Quarter Results

Friday February 24, 8:00 am ET

TEL AVIV, Israel--(BUSINESS WIRE)--Feb. 24, 2006--Tikcro Technologies Ltd. (OTC BB: TKCRF - News) today reported results for the fourth quarter and year ended December 31, 2005.
Net income for the fourth quarter was $ 33,000, or $ 0.00 per share. Net income for the year ended December 31, 2005 was $ 4,000 or $ 0.00 per share.

As of December 31, 2005, the Company had cash and marketable securities totaling $9.9 million.

About Tikcro Technologies:

Until the closing of the Assets Transaction with STMicroelectronics in 2002, Tikcro Technologies Ltd. (formerly known as Tioga Technologies Ltd.) developed standard integrated circuits (ICs) for broadband communications applications. Substantially all of its assets and related liabilities were sold to STMicroelectronics. Tikcro is headquartered in Tel Aviv, Israel. For more information, visit Tikcro website at www.tikcro.com

http://biz.yahoo.com/bw/060224/20060224005214.html?.v=1

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