Investors

Itsik Danziger
Board Member and Investor

Mr. Danziger has more than 30 years of experience in the telecommunications industry in senior executive positions. He served as active chairman of Starhome, a subsidiary of Comverse Technology focusing on enabling mobile services for the wireless telecom market. Mr. Danziger was president of the Comverse Technology Group and Comverse Network Systems, serving the company from 1985 in various executive positions. Mr. Danziger previously served for 10 years in various R&D and engineering positions in the Tadiran Telecommunication Group, Israel, later sold to ECI Telecom. Mr. Danziger is active as a volunteer in public and philanthropic activities, an active chairman of two strategic initiatives, an active board member of Israel Venture Network and was a member of the National Task Force for the Advancement of Education in Israel.

Mr. Danziger holds a B.S. cum laude and an MSc in Electronic Engineering M.S from the Technion – Israel Institute of Technology.


Zeev Bregman
Board Member and Investor

Mr. Bregman served as Chief Executive Officer of Comverse from January 2001 to March 2007, where he orchestrated the company’s turn-around subsequent to the Telecom Crisis of 2001-2002. Under his leadership Comverse grew from a single-product voicemail provider to a multi-product Telecom software company.

Mr. Bregman joined Comverse in 1987 as a software programmer and served in various R&D, management and marketing positions within the company, including Vice President, EMEA Division, and Vice President Messaging Division. Prior to joining Comverse Mr. Bregman was employed by Clarity Ltd.

Mr. Bregman hold a B.Sc., magna cum laude, in Mathematics and Computer Science and a M.Sc., summa cum laude, in Computer Science from Tel Aviv University. He also earned a Kellogg-Recannatti International Executive MBA, a joint degree from the Faculty of Management of Tel-Aviv University and Northwestern University.


Oren Zeev
Board Member and Investor

Mr. Zeev worked at Apax Partners, a leading global private equity firm, from 1995 to 2007, and served as a partner from 1999. In his most recent position at Apax Partners, Mr. Zeev headed the Tech and Telecom Group in the United States. Mr. Zeev has extensive experience investing in technology companies globally. Prior to joining Apax Partners, Mr. Zeev was a research staff member at the IBM Israel Science and Technology Center. Mr. Zeev also serves on the Board of Directors of Audible Inc, Mobixell Networks, Transera Communications, Inc., and Pictage Inc.

Mr. Zeev holds a B.Sc. Cum Laude in Electrical Engineering from the Technion – Israel Institute of Technology, and an MBA with distinction from the INSEAD Business School.


Adi Pundak-Mintz

Mr. Pundak-Mintz is a General Partner of Gemini Israel Funds, Israel’s premier venture capital organization. He specializes in software seed investments and his areas of focus include enterprise IT infrastructure, software and Greentech. Mr. Pundak-Mintz sits on the Board of a number of Gemini portfolio companies. Prior to becoming a venture capitalist, Mr. Pundak-Mintz held business development and marketing positions with Nexus Telecommunications, and was an engineer at ECI Telecom. Mr. Pundak-Mintz served in the Israeli Navy as a project engineer for Naval Underwater Systems.

Mr. Pundak-Mintz holds an MBA from INSEAD and a B.Sc. with honors in Electrical Engineering and a BA with distinction in Mathematics from Ohio State University.


Adam Parnes

Mr. Parnes has served, since 1999, as General Manager, of Israeli Operations at Oscar Gruss & Son Inc., a company providing full Investment Banking services for the Israeli market. Mr. Parnes is also a board member in various OSGI portfolio investments. Previously, Mr. Parnes was Executive VP and Head of Investment Banking at Dovrat, Shrem & Co. Ltd. and served as Chief Analyst for that company. Mr. Parnes was also board member in various DS portfolio companies. Mr. Parnes served as the president of Magam-Safem Ltd., from 1991 to 1992, and was previously an analyst at Clal Israel Ltd. and the General Manager of Hazera Genetics Ltd.

Mr. Parnes holds a BSC and MSC in Life Sciences from the Hebrew University and an MBA in Finance, from Tel-Aviv University.


Shai Reshef

Mr. Reshef was the Chairman of the Kidum Group – the largest for-profit educational services company in Israel – from 1989 to 2005. He sold the company – as a single share holder – to Kaplan, a subsidiary of the Washington Post, and one of the world largest companies in the field of education. Mr. Reshef joined Kidum in 1989 when Kidum was a single product company with revenues of $100,000. Under his leadership Kidum grew to become a company with annual earnings in excess of $25 million, with over 1,000 employees, and 50,000 students a year. Between 2001 and 2004, while continuing as the chairman of Kidum, Mr. Reshef lived in the Netherlands where he chaired KIT eLearning, a subsidiary of Kidum. KIT is the eLearning partner of the University of Liverpool. KIT provides MBA and M.Sc. degrees in IT. The company was sold in 2004 to Lauriat. In August 2007, after 3 years in London and New York, Mr. Reshef returned to Israel.

Mr. Reshef holds a BA, magna cum laude from Tel Aviv University and an MA from the University of Michigan in Chinese Politics.


Ailon Michaely
Board Member and Investor

Ailon Michaely has held senior positions in the finance and management capacities in hi-tech and other companies as well as the Israeli investment arena. Amongst those are CFO of Comverse, a hi-tech company with sales at the time of $1.2 Bil; CFO of Housing and Construction Ltd, an Infrastructure and Real-estate holding company with sales at the time of $1 Bil; Chairman of Clal Insurance Investment Committee, with investments at the time of over NIS15 Bil (~ $3.5 Bil).

Ailon currently holds board positions in several Israeli companies and start-ups, invests and consults in the hi-tech field.

Ailon holds an Economics undergraduate degree and MBA, both from the Hebrew University of Jerusalem.


EYAL S. GOLDWERGER
Board Member and Investor

Mr. Goldwerger is a serial entrepreneur with a rich experience leading high-tech ventures in diverse industries. Most recently, he was Chief Executive Officer of XMPie Inc., a software company providing marketing applications to enterprises and commercial printers. Mr. Goldwerger led XMPie through rapid growth up to its successful acquisition by Xerox Corporation. Prior to that, Mr. Goldwerger held various executive positions in start-ups, and served as EVP Consumer Products & Distribution at WhenU Inc., a contextual online advertising network, as well as Founder and CEO of GoCargo.com, an Internet-based global trading system for container shipping capacity. Previously, Mr. Goldwerger was a consultant at The Boston Consulting Group in New York.

Mr. Goldwerger holds an MBA from INSEAD, and a B.A. in Economics (Rector’s Honor) from Tel Aviv University.


Arledan Investments Ltd.

Arledan Investments Ltd. ("Arledan") is traded on the Tel Aviv Stock Exchange and has several areas of activity, including:

  • Real Estate and Construction - Arledan acts as a developer with regard to properties it owns, and also rents out various commercial and residential properties. Some of the projects Arledan has successfully developed include residential projects in the Jerusalem area in the neighborhoods of French Hill, Gilo, Givat Oranim and Mevaseret Zion, as well as residential and commercial projects in downtown Jerusalem.
  • Publishing - Through its subsidiary, the Keter Publishing House, Arledan is one of Israel`s leading publishers of quality literature, as well as providing management, production and marketing services to the "Ma`ariv Library", the publishing arm of one of Israel`s largest daily newspapers. Keter recently merged its publishing business with that of the Steimatzky Group Ltd., which is also Israel`s largest retail bookstore chain. The joint activity is conducted in a new company called Keter Books Ltd., which is owned 81% by Keter and 19% by Steimatzky.
  • Print - Through Keter`s printing plant Arledan provides production and print services, primarily to other printing houses and commercial customers. Keter recently took over the printing arm of "Keter Digital", which specializes in commercial digital printing.
  • Importing and Marketing of Electronic Components - Arledan is a major shareholder in Telsys Ltd., one of Israel`s largest importers and marketers of electronic parts.


Arledan also invests in Israeli high tech companies, both directly and through venture capital funds.

Arledan is a very liquid and stable investment company. The company`s shareholders equity stands at NIS 202 million according to the IFRS (most of it in cash and short term investments) and finances 37% of its combined balance sheet. The company`s high level of liquidity puts it in a convenient position to take advantage of business opportunities in both Israel and abroad.


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