Economic Mission of Israel in Houston
September, 2006
June, 2006
March, 2006
December, 2005
September, 2005
> Channels > > For The Local Business Community > Newsletter
December, 2005


The Government of Israel Economic Office in Houston

Quarterly Newsletter




December, 2005



Serving as a bridge between Israel and the U.S. states within our geographical area*, The Government of Israel Economic Office in Houston promotes partnerships and the expansion of trade among businesses operating in the two locales.  This objective is achieved by providing companies in Israel and our geographical region with up-to-date information on industry trends, identifying investment opportunities, and fulfilling requests to locate potential strategic partners.  The office also facilitates partnerships by organizing official visits to and from Israel, as well as by arranging business trips, meetings, and conferences for companies in both countries.


*Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas




The Government of Israel Economic Office (IEO) in Houston

2 Riverway, Suite 740

Houston, TX  77056

Tel: 713-599-0290  Fax: 713-599-0296





Consul of Economic Affairs:                  Joseph Abraham   

Director of Strategic Partnerships:         Russell Levine      

Director of Business Development:       Adam Roberts                






Headlines from Israel2-3


Ø       Click on the links to read our selections of leading business

news from Israel


The Israel-Southern U.S. Connection...3


Ø       Click on the links to read articles and press releases that highlight

 the activities of Israeli founded companies operating within our

geographical area




Upcoming Events in Israel..4-7

Ø       Technion Conference Call, Innovations in Stem Cell Research: A

Novel Animal Model for Anti-Cancer Drug Screening

Monday, December 12 at 12pm EST

Ø       Israel Agritech 2006, The 16th International Agricultural Exhibition,

Tel Aviv, May 9-11, 2006

Ø       Biomed Israel 2006, The 5th National Life Science & Technology Week

Jerusalem, May 29-31, 2006

Ø       IsraWinExpo 2006, The 1st International Wines Exhibition in Israel

Tel Aviv, June 13-15, 2006

Ø       Plasto Ispack 2006, The 11th International Exhibition for Plastics,

Rubber, and Packaging

Tel Aviv, September 11-14, 2006

Ø       Telecom Israel 2006, Communication & Information Technology

Tel Aviv, November 6-9, 2006


Business Opportunities from Israel...8


Ø       Israeli companies seeking business relationships with companies

or individuals based in the U.S.


Web Sites of Interest....9-10


Israels Other Economic Representatives in the United States...11




Intel is committed to widening its lead in advanced semiconductor manufacturing...Todays announcement of a second 45nm high volume factory reaffirms that Intel platforms will contain the most advanced and innovative technology in the world for years to come.

-Paul Otellini, Intel president and CEO, commenting on Intels   plans to build a new $3.5 billion wafer fabrication facility at its site in Kiryat Gat, Israel.



"People in the US know Israel and when talking about security and intelligence, there are few examples like it. Israelis understand what security and intelligence mean, because they have learned them the hard way.


 -Rudolph Guliani, former New York City mayor, at the Ness Technologies conference

Headlines from Israel


Recap of Investments


11/17/05            Broadlight Closes $10 Million Series D Financing Led by Motorola                     

11/01/05            On Track Innovations (OTI) Completes $22.2 Million Private Placement

of Ordinary Shares

10/31/05            Prologue to Accelerate Nanotech Ideas

10/27/05            Atlantium Raising $4-5m in First Financing Round

10/19/05            Surf Communication Solutions Raises $4 Million

10/12/05            Hapoalim Investing $20 Million in Life Sciences Venture Capital Fund

10/11/05            Commtouch Raises $3 Million

10/06/05            Evergreen, Crescendo Led $17 Million Financing Round for eASIC

10/02/05            Elron Invests $4 Million More in Gaia


Notable Acquisitions


11/30/05            Elbit Systems Completes Takeover of Elisra, Tadiran

11/29/05            Radware To Acquire V-Secure Technologies  

11/17/05            NICE to Acquire FAST Video Security AG for $21 Million in Cash

11/14/05            M-Systems Acquires Microelectrónica Española

11/01/05            Tessera Enters New Markets With Purchase of Leading Technology From Shellcase

11/01/05            HP Completes $230 Million Acquisition of Scitex Vision


Other Articles of Interest


12/02/05            Intel Announces New $3.5 Billion Kiryat Gat Plant

11/10/05            Disneys Launch $125 Million Fund to Invest in Israel

11/09/05            Saifun Hits Nasdaq at $23.50 a Share

10/27/05            Teva and Ivax Shareholders Approve Pending Merger

10/26/05            Bill Gates Makes First Trip to Israel, Outlines Cooperation Deal

10/19/05            Card Guard, Humana in Telemedicine Joint Venture                    

10/06/05            InkSure Technologies Completes $6 Million Private Placement of

Convertible Notes

9/30/05             El Al Announces Five-Year Plan Involving $350 Million Investment

9/28/05             Buy-out fund First Israel Mezzanine Investors Fund Ltd. (FIMI) Closes $300 Million Fund for Investing in Israeli Companies

9/27/05             Delta to Resume Israel Flights

9/21/05             Genesis Closes $150m Fund, as Evergreen Prepares a Fifth



The Israel-Southern U.S. Connection

(Selected links to articles and press releases concerning Israeli-founded companies with a presence in our geographical area)


11/09/05            Amdocs Crosses a Threshold, with Revenue For Fiscal 2005 Exceeding $2 Billion

10/10/05            ICE Costa Rica Selects ECI Telecom for $59 Million Nationwide Optical

Backbone Network

10/24/05            Study Recommends Given Imaging's PillCam SB as First-Line Diagnostic Tool for Patients with Suspected Crohn's Disease






With Ituran becoming the 71st Israeli company listed on Nasdaq, Israel surpassed Canada for the number of companies represented on the exchange. Two more Israeli companies plan to list on Nasdaq in either October or November: Passave and Predix Pharmaceuticals.



Teva Pharmaceutical Industries Ltd. unveiled its new $80 million tablet production facility in Jerusalem's Har Hotzvim hi-tech complex, making it one of the biggest of its kind in the world. The facility is the second of its facilities in Jerusalem, covers an area of 25,000 square meters. It is expected to produce over 100 different products and when working at full capacity, will produce an output of approximately eight billion capsules a year. Teva is the first multinational company that has requested to participate in the Government's investment strategy program to develop the periphery. The program offers an attractive investment incentive of a complete tax exemption for 10 years.



Google Inc. announced that it is establishing a branch in Israel. The branch will enable the company to continue providing Israeli surfers, advertisers and partners with a search experience and advertising services via its search engine. Initially, it will focus on improving directed advertisements, and on selling services to the Israeli advertising market.



Intel unveils the new chip designed in Israel Intel Corporation unveiled its next-generation micro-architecture, a multi-core processor, which was developed completely at its facilities in Israel. The processor was introduced at the Intel Development Forum in California, and will be used in all Intel-based computers from next year.



Continuing on its global expansion, Bank Hapoalim signed a memorandum of understanding to buy the controlling interest (more than 50% equity interest) in the Turkish bank, C-Kredi ve Kalkimna Bankasi A.S. C-Bank, originally owned by the Turkish government, has specialized in corporate and investment banking since its privatization in 2002. Bank Hapoalim will invest $113 million in the form of shareholders equity. Bank Hapoalim plans on developing a new business plan, developing its operations with the business sector and retail banking activities in the areas which it has a great deal of experience.



Israel's Ministry of Industry, Trade and Labor and Computer Associates (CA) announced in a visit by CA's chairman Lewis Ranieri and a group of company executives their plans to sign an industrial agreement. Among the terms of the agreement, Israeli companies in related fields which meet criteria to collaborate with CA will receive financial aid from the Ministry. In addition, companies will benefit through appointment of liaison personnel, marketing, sales and business development resources, business plan creation, consultancy and technical assistance. Aryeh Ofner, CA Israel's CEO said that CAs most significant R&D activities outside the United States are in Israel.


Upcoming Events in Israel


Technion-Israel Institute of Technology Conference Call

Innovations in Stem Cell Research: A Novel Animal Model for Anti-Cancer

Drug Screening"

Monday, December 12th, 2005 at 12 PM EST



The Technion Israel Institute Of Technology.

WELCOMING REMARKS: BENJAMIN SOFFER, Technology Transfer Office, Technion Research and

Development Foundation.

MODERATOR: DR. IVOR ELRIFI, Co-Chair, IP section, Mintz Levin


A Novel Experimental Platform for Cancer Research and Anti-Cancer Drug Screening

The invention is of a novel experimental platform for cancer research, using human stem cell technology in which human tumor cells can be grown in a pre-clinical experimental setting in a tissue micro-environment consisting of differentiated human cells. The multi cellular composition is placed in a mouse model. The model was tested using a variety of different human cancer cells types, ranging from cancer of the ovary to cancer of the prostate, and melanoma among others. Significant differences among the different cancer types in the nature and type of remodeling reactions they elicit was observed using this novel experimental model system, and this reflects the heterogeneity of responses observed as well in the

clinical setting. The model is highly advantageous for pre-clinical testing of anti-cancer agents, especially those targeted to disable the human blood vessel as well as for basic cancer research.


For an invitation and instructions on participating, please contact:


Russell Levine, Director of Strategic Partnerships

Government of Israel Economic Office in Houston

Tel: 713-599-0290  Fax: 713-599-0296  E-mail:


For more specific questions, please contact:


Benjamin Soffer, Technology Transfer Office Manager

Technion Research & Development Foundation

Tel: +972-4-829-4851 E-mail:

Israel Agritech 2006

The 16th International Agricultural Exhibition

Tel Aviv Exhibition Center
May 9-11, 2006


Discover the latest innovations in Advanced Equipment and Technologies, Agro-industry Startups, Cost Saving Production, Ecological and Environmental Agro-technologies, Extension Services, High-Tech Agricultural Biotechnologies, Intensive Growing Methods, International Training and Cooperation, Research & Development, Turnkey, Joint Projects and Know-How. There will be an International conference on agriculture under limited water conditions, Professional seminars, tours to agricultural sites and much more. There were 263 exhibitors at Agritech 2003 and over 65,000 visitors.


For more information, please contact:


Foreign Visitors Contact:                                Exhibitors and Marketing Contact:                  

Amit Meyraz                                                      Moshe Lilos
Israel Export & Int. Coop. Institute                       Kenes Exhibitions
Tel: +972-3-5142883, Fax: +972-3-5142985          Tel: +972-3-9727585, +972-3-9727588
E-mail:                              E-mail:


Biomed Israel 2006

The 5th National Life Science & Technology Week

ICC Jerusalem International Convention Center

May 29-31, 2006


Biomed Israel 2006 follows the success of the previous annual Biotech Israel conferences. Notably, last year Biotech Israel was fortunate to host world renowned keynote speakers including Nobel Laureate Aaron Ciechanover, Prof. Leroy Hood, Founder of The Institute for Systems Biology, Mr. Fredrick Frank Vice Chairman of Lehman Brothers, Steven Burril of Burril & Co and Dr. Murray Lumpkin, Acting Deputy Commissioner of the US FDA. Over 2000 scientists, engineers and businesspeople participated in the conference, with over 400 participants from abroad.

After last years event, the Biotech Israel organizing committee decided to integrate the vibrant and successful Israeli medical device sector into the annual conference. This commitment is reflected in the change of name from Biotech Israel to Biomed Israel. With this change, the organizing committee is committed to making Biomed Israel the annual general meeting and showcase of the entire Israeli life sciences industry.

Three major events planned for Biomed Israel 2006 are the following:

  • Cardiology Day: Cardiology is a major disease area with significant unmet need, and Israel is a fertile source of innovation in this area in both innovative therapies and breakthrough medical devices. World-renowned experts will present state-of-the art technologies in this area, and Israeli companies will present their achievements.
  • Closing Session: A Glimpse of Medicine Beyond 2010. World-renowned experts in different areas will share with conference participants their views of what the future might look like.
  • Business Forum: The conference will host a business forum in which scientists, entrepreneurs, start up companies, venture capitalists, and visitors from Israel and abroad will have the opportunity to participate in one-on-one meetings to forge new ties.


For further information, please contact:


Mr. Moshe Lilos, Kenes Exhibitions

Tel: 972-3-972-7585  Fax: 972-3-972-7588


IsraWinExpo 2006

The 1st International Wines Exhibition in Israel

Tel Aviv Exhibition Center

June 13-15, 2006


ISRAWINEXPO 2006, The First International Wines Exhibition in Israel, serves as a meeting place for the all member of the wine industry: producers, importers, purchasers from abroad, journalists, investors, purchasing managers, restaurateurs, food and beverage managers and decision-makers. The exhibition will be a showcase for wines and wineries from Israel and around the world, with special emphasis on Israels growing wine industry, including winery equipment and accessories. The exhibition will feature TERRAVINO 2006an international wine-tasting competition, which will host internationally famous wine judges and wine journalists. ISRAWINEXPO 2006 will be accompanied by an extensive and carefully structured conference program focused on the trends and achievements of the industry. Attendees will have the opportunity of meeting local and international industrial leaders.

For further information, please contact:


Ms. Orit Marom, Project Manager

Tel: 972-3-640-4440  Fax: 972-3-640-4497


Plasto Ispack 2006

The 11th International Exhibition for Plastics, Rubber, and Packaging

Tel Aviv Exhibition Center
September 11-14, 2006


The largest ever exhibition of Israeli plastics, rubber & packaging industries will open in Tel-Aviv's Exhibition Gardens on September 11th 2006. Plasto Ispack 2006 will showcase Israel's world-renowned plastics, rubber and packaging technologies and integrated solutions. Emphasis will be placed on agricultural products, a field of special concern for the Middle East generally and Israel in particular. Israel's plastics, rubber and packaging industries, which are among the most advanced industrial sectors, place special emphasize on innovations, small-batch production, high quality and quick delivery. This event offers an ideal place for exhibitors to present their up-to-date equipment and products to professionals from the industry. Attendees will learn about the latest developments, meet key industry people, and strike new and profitable deals. Plasto Ispack 2006 will host more than 800 represented firms from Israel and abroad and will cover over 20,000 square meters of indoor exhibition space. The exhibition is organized by the Israel Trade Fairs and Convention Center Ltd. under the auspices of the Ministry of Trade and Commerce and in cooperation with the Society of Israel Plastics & Rubber Industry and the Institute for Advancement of Packaging & Design



For further information, please contact:

Ms.Liora Elkies

Projects & International Relations Director
Tel: 972-3-640-4480 Fax: 972-3-640-4497

Telecom Israel 2006    

Communications & Information Technology

Tel Aviv Exhibition Center
November 6-9, 2006


Building on the success of Telecom 2004, which attracted 150,000 visitors and 385 exhibitors, Telecom Israel 2006 will introduce Israels most recent innovations to the international telecom community. The Telecom Israel 2006 events will include an International Exhibition, in which the world's biggest producers and leading service providers will participate and will include professional interdisciplinary conferences, comprised of key note speeches, panels, discussions and workshops, with the guidance of the Steering Committee and participation of leaders in the world telecommunication community, analysts and regulators. Exhibition topics will include: bluetooth; optical fiber and transmission equipment; broadband communications technology and equipment; satellite communications equipment; CDMA, GSM, GPRS, IVDO, UMTS; SDH technology and equipment; communications software and telecom billing systems; telecom and Internet solutions; communications terminal equipment; telecom machine room facilities; data communications and video conference systems; telecom testing and measuring instruments and meters; intelligent network; telecom security services; Internet communications systems and IP telephone; trunk call communications systems and equipment; micro-wave communications systems and equipment; wireless access and integrated cabling systems; mobile communications technology and equipment; basic and value-added telecom services;

network management and control; mobile electronic commerce; virtual operation call centers; short message service (SMS, MMS); PDA; Mobile E-mail; IPTV ; content solution & application; and NGN.


For further information, please contact:


Ms. Prema Zilberman
Kenes Exhibitions
Tel: +972-3-972-7598  Fax: +972-3-972-7588









Business Opportunities from Israel

Web Sites of Interest


For more details on the following opportunities, please contact Russell Levine by e-mail at or by phone at 713-599-0290.


Business Opp. #1

General Development Financial Services (GDFS) ( serves as an independent arm for leading investment companies in Israel and overseas. GDFS provides high quality financial instruments and investment counseling for our private and business costumers to reach maximum economic potential. The company specializes in management of hedge funds. Services include: Hedge funds, REIT funds, Forex funds, multi-managers hedge funds, underwriter and IPOs in Israel.  G.D.F.S. seeks self employed brokers and insurance agents to represent the company around the world. The aim is to offer financial tools and services to private investors worldwide. The company will provide the agents with tools for them to function as expert financial consultants and train them to manage client portfolios successfully and profitably.


Business Opp. #2

Iberica International Ltd. is the inventor and patent of a holder for a shaving tool. The holder has three main purposes:

1. allows safe and handy preservation of the shaver tool on the marble shelf or against a ceramic wall.

2. cleans stains and water from the shelf or sink after shaving

3. protects the sink from scratches and the blade from infections when cleaning the razor after shaving

The holder comes in a fashionable design combining its practical usage with a beautiful look. Iberica International is looking for razor and shaving accessory companies interested in purchasing the manufacturing license of the patent. The product is registered as patent in Israel (Patent Number 115302) and in the USA (Patent Number 3B7,930).



Business Opp. #3

Rina Vessel Operations Ltd. is an import-export service company that represents Israeli silver jewelry manufacturers. The company offers hand-made sterling silver products of the highest standards. The jewelry is made from 925 Sterling Silver: 925 portions of silver and 75 portions of alloy that prevents premature oxidation (like copper), but Nickel free. The jewelry contains 375 Sterling Gold (9k). The factory can prepare 585 Sterling Gold (14k) by order. Insertions are made with zircon, onyx, garnet stones, but other stones can also be used according to the wishes of the client. A number of import-export services are also offered such as custom clearance assistance, forwarding and more. Rina Vessel Operations is looking to locate clients in the United States and grow its export to the market.


Business Opp. #5

Romy Laron Ltd. is an Israeli children's game manufacturer for the mass markets. The company's advantages:

         Easy to sell - "Eye catching" packaging. The games are simple, educational, smart and unique in their ideas, comes with eye-catching pack with wonderful graphic artwork.

         Real innovation The customer gets greater value for his money (very attractive prices).

         The games fit to range of markets and selling points: Toys stores, Convenient stores, Gas station stores, Department stores, Book stores, Pharmacy stores, Supermarkets, Big chain stores, Gift shops, Airline companies, Airports shops, Sea Ports Shops, Hotel chains, and Promotions.

The new 2006 catalogue is now available at the company website  Romy Laron is looking for importers/distributors, buyers for its wide range of products.

Web Sites of Interest - The Israel-America Chamber of Commerce (AmCham Israel) is a voluntary organization of companies and individuals dedicated to the promotion and enhancement of two-way trade and investment between Israel and the United States.  AmCham Israel offers Israeli companies the initial access to the U.S. business arena, and helps U.S. companies find Israeli counterparts for mutual cooperation. AmCham Israel, established in 1965, has more than 700 members and is affiliated with the U.S. Chamber of Commerce in Washington D.C. The U.S. Ambassador to Israel serves as Honorary Chairman of the AmCham. - Atid E.D.I. assists both new and established businesses in Israel by preparing feasibility studies, business plans and strategic plans as well as providing ongoing administrative and financial management services.  In addition, Atid E.D.I. offers useful information on its web site about recent business activity in Israel. - The American Technion Society (ATS) provides critical support to the Technion-Israel Institute of Technology, ranked among the world's leading science and technology universities. For more information about the American Technion Society, please contact Rachel Dvoretzky at 713-682-7592 or by email at - BIRD, the Israel-U.S. Binational Industrial Research and Development Foundation, often plays a proactive role in bringing potential strategic partners together. In the US, the companies BIRD seeks are mostly public, or at least bound in that direction, and engaged in the development and manufacture of life science or high technology products.  The potential of these companies to grow is perceived as limited only by their capacity to devise and develop new products.  In Israel, the companies BIRD recruits have leading edge technological and production capabilities, are flexible, and are eager to join forces with an American company in product development and commercialization.  For more information, please e-mail Joseph Abraham, who is assisting with BIRDs activities in the southern U.S., at - BioIsrael is the hub site of Israels life sciences community and the leading source of news about Israeli biotechnology and medical device companies.  For the international biopharmaceutical and financial community, BioIsrael offers an inside look at the people, technologies and companies that make up Israels fast-growing bio-medical industry. For the local life sciences community, BioIsrael offers vital information about overseas strategic partners, investors and service providers. For employers and job seekers, BioIsrael is a great place to meet. - This site is an information service that provides the latest investment news on Israeli and Israeli related companies profiled in the "Standard & Poor's database of Israeli Public Companies" (  The service is provided free of charge from M.G.M. International Publications Ltd., licensee of Standard & Poor's Retail Investor Services. Israels Central Bureau of Statistics collects, processes and publicizes statistical information on the countrys population, economy and society. - The Israel Export Institute provides a contact point between Israeli businesses and the international community. The organizations web site contains information about programs initiated by the institute, export-import trade transactions, and a directory of Israeli exporters and manufacturers. - Israels Business Arena provides a comprehensive review of the Israeli business market via daily news updates; an extensive archive; analysis and features by its staff; newsletters; a market prices service; a technology guide; and a real estate supplement. A leading Israeli independent daily newspaper offering news coverage on a broad range of topics.  Haaretz has an extensive business section that features the latest information on currency rates, the Tel Aviv Stock Exchange, Israeli stocks on Wall Street and much more.  You will see the English version option on the homepage. - The Israeli Association of Software Houses promotes Israels software industry and encourages collaboration with counterpart organizations from around the world. - This web site provides information on events taking place at the Israel Trade Fairs and Convention Center located in Tel Aviv, one of the most famous exhibition centers in the world. Israel Venture Capital Research Center allows subscribed users to search its database by the following categories: Israeli companies, venture capital funds, management companies, investment companies, incubators, and people. Users can learn about a companys financing history and its investors. This site also provides, at no charge, up-to-date business news in Israel, including venture capital funding and acquisitions.  - Matimop, the Israeli Industry Center for R&D, is a public, non-profit organization that promotes advanced technologies developed in Israel and the creation of strategic partnerships.  The organization administers a database that encompasses hundreds of new projects. - As one of the leading economic ministries of the Israeli government, the Ministry of Industry and Trade works to stimulate economic growth in Israel. The Ministry is focused on exploiting and improving the potential of Israel's human capital and on developing, improving and updating existing legislation to meet global competition and the country's new economic reality.  The web site has many useful links. The web site of the Tel Aviv Stock Exchange. Part of the Haaretz Group, bills itself as The Israeli Source for Business and Technology.



Israels Other Economic Representatives in the United States



Mr. Zohar Peri                                                              Tel:  212-499-5610

Economic Minister for North America                          Fax:  212-499-5615

Government of Israel Economic Mission

800 Second Avenue

New York, New York 10117



Territory: Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, West Virginia




Mr. Moshe Z. Shoham                                                              Chicago
Trade Commissioner and Consul of Economic Affairs Tel: 312-332-2160

to the Midwest and Southeast Regions of the U.S.                   Fax: 312-332-2163
Israel Trade and Investment Center                                         
111 East Wacker Drive, Suite 1230                                           
Chicago, Illinois 60601                                                            




Territory: The Midwest and Southeast regions of the United States




Mr. Shai Aizin, Consul of Economic Affairs                             Tel: 323- 658-7924

Consul Economic Affairs                                                       Fax: 323-651-0572

Government of Israel Economic Mission
6380 Wilshire Blvd. Suite 1700
Los Angeles, California 90048

Territory: California, Utah, Nevada, Colorado, Arizona, Montana, Washington, Oregon, Idaho and Alaska.


2016 . . Copyright 2016 . State of Israel. All rights reserved.