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AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

AVI  ISRAELI

Co-Chief Executive Officer, Director

Mr. Avraham Israeli has served as Vice President of Business Development of Elco Holdings Ltd since March 24, 2004. He has served with the Company since January 1, 2000. He received his Bachelor degree in law from the Hebrew University of Jerusalem, his MBA from Insead, France.

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