Investors

Singtel PTE LTD.
Ventures SingTel is Asia's leading communications company with a comprehensive portfolio of services that include voice and data services over fixed, wireless and Internet platforms. SingTel is expanding rapidly into overseas markets, with current investments of more than $2.9 billion US in 100 joint ventures and associated companies in over 20 countries and territories. Its major investments include Belgacom of Belgium, Advanced Info Service of Thailand, New Century Infocomm of Taiwan, Bharti Telecom Group of India and Globe Telecom of the Philippines.

Comsor Venture Fund LDC
The ComSor Funds are international private equity venture capital funds backed by Comverse Technology, Inc. (NASDAQ: CMVT) in partnership with Soros Fund Management's Quantum Industrial Holdings Ltd. ComSor Investments Fund LDC focuses on investments in high technology companies related to Israel, while its sister fund ComSor Venture Fund LDC invests in broader-based opportunities. The ComSor Funds invest primarily in emerging companies, from seed capital to later rounds. The Funds leverage their shareholders' capital, experience, know-how, international networks, partners and connections to enhance the opportunities available to their portfolio companies.

Koor Industries Ltd.
Koor Industries is Israel's leading investment holding vehicle, with substantial stakes in Israel's top export companies. It actively invests in telecommunications through holdings in ECI Telecom and Telrad Networks. Koor also owns controlling stakes in Israel's main defense electronics companies through Tadiran, and in agrochemicals through MA Industries. Beginning in 1998, Koor became a high-growth technology holding company and is now exploring direct investments in telecommunications technologies and services as well as Internet and technology through investments in leading funds.

Clal Industries and Investments
Clal Industries and Investments Ltd. is a holding company that produces and markets energy, textiles, food, electronics, communication services and infrastructure products in Israel, Europe and North America. The principal technology holdings of its investment arm are in biotech, enterprise software, semiconductor equipment and telecommunications. Clal also makes investments in venture capital funds as well as in industrial firms that dominate their markets.

Cedar Fund
Cedar is an international venture capital firm that invests in private early-stage technology companies. Cedar is managed by principals with international experience in finance and high technology, and is backed by a prominent group of institutions and individual investors. Within Cedar's focus areas, it seeks outstanding entrepreneurs pursuing high growth markets with distinguished technologies. Cedar was founded and built on the belief that investors should play an integral role in value enhancement for all shareholders in emerging companies.

Israel Infinity Venture Capital Fund
Israel Infinity Fund is an international venture capital fund with offices in New York and Israel. Its investors include leading entities in the US, Europe, and Japan. Bringing the strength of its global network to each portfolio company, it invests in software, Internet, communications, and technology businesses. The fund currently has investments in nine software companies.

Poalim Capital Markets
Poalim Capital Markets is a leading Israeli investment bank, and a subsidiary of Bank Hapoalim, Israel’s largest financial group. In the last 15 years, it has played a major role in shaping the Israeli capital market. Along with strategic partner, U.S. investment bank William Blair & Company, Poalim Capital Markets offers end-to-end, best-of-breed international investment banking solutions. This strategic alliance with one of the oldest, most respected investment banks in the US capital market delivers long-term value and true commitment to Israeli companies, supporting their international growth strategy and capital formation efforts.