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Re: midastouch017 post# 346

Thursday, 03/02/2006 7:22:17 AM

Thursday, March 02, 2006 7:22:17 AM

Post# of 487
Re : EVSNF

Elbit Vision Systems to Appoint Mr. David Gal as the Chairman of the Board of Directors

Thursday March 2, 7:00 am ET

YOQNEAM, Israel--(BUSINESS WIRE)--March 2, 2006--Elbit Vision Systems Ltd. (OTCBB: EVSNF - News) announced today the appointment of Mr. David Gal as its chairman to replace Mr. Nir Alon who has served as its Chairman since 2001. Mr. Gal's appointment is part of the agreement between EVS and Mivtach Shamir Holdings Ltd. which was approved by the Company's shareholders on February 21st, 2006. Mr. Nir Alon will continue to serve as a director of the company.

(#msg-9955176)

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