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Descriptions of Companies Profiled 

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Adamind A world-class global provider of multimedia infrastructure technology solutions that enable rich data services across devices in the Mobile and Consumer Electronics market.
Aladdin A leader in digital security, providing solutions for software Digital Rights Management and Internet security. 
AlmondNet An Internet advertising company that uniquely delivers paid listings exclusively to people who are in purchasing mode. 
Alvarion A premier provider of solutions based on Point-to-Multipoint (PMP), Broadband Wireless Access (BWA), a technology essential to the growth of broadband markets. 
Amdocs A provider of software products and services to the communications industry throughout the world.
Audio Codes Develops and markets enabling technologies and system products for the transmission of voice, data and fax over packet networks.
Babylon The leading provider of single-click information retrieval and translation services. 
Beep Card A leading developer and provider of miniaturized wireless authentication and verification systems for a variety of security and mass-market applications. 
Blue Square Israel  Israel’s leading supermarket chain. 
Cadent Develops and markets innovative 3D information services to dental offices and laboratories. 
Camero Developing a unique, portable through-wall imaging micro-power radar.
Celltick The global leader in active idle and mobile broadcasting solutions which enables mobile operators to drive usage of mobile value-added services to a mass-market.
Ceragon Networks  Enables ultra high-capacity network connectivity for mobile cellular infrastructure, fixed networks, private networks and enterprises.
CheckPoint The worldwide leader in securing the Internet.
Colbar Lifesciences An Israeli Biotechnology company specializing in reconstructive medicine and tissue engineering. 
Compugen A genomics-based drug and diagnostic discovery company.
Comverse Technology Designs, develops, manufactures, markets and supports software, systems and related services for multimedia communication and information processing applications.
Cyber-Ark A fast-growing networking company that is deployed at more than 100 of the largest companies in the world to protect and exchange critical documents.
Cyoptics Designs, develops and manufactures optical engines for broadband metro and access communications solutions. 
dbMotion Creates secured Virtual Patient Records by logically connecting a group of care providers and organizations without data centralization. 
Delta Galil A leading global apparel company specializing in intimate apparel, men's underwear and socks. 
Disc-O-Tech Medical  Engaged in developing, manufacturing and marketing expandable implants for minimally invasive orthopedic surgeries.
Double Fusion Enables advertisers to easily deliver highly effective ad campaigns into interactive games, the most exciting media for teenagers and young adults. 
eBIZ.mobility  The developer of the patent pending M-commerce RMG Roaming Mediation Gateway.
Elbit Vision Systems  Designs, develops, manufactures, markets and supports non-destructive testing equipment such as Automatic Optical Inspection (AOI), automatic ultrasonic and quality monitoring systems.
The Elisra Group  Designs, develops, manufactures, integrates and supports advanced system solutions for air, sea and land deployment. 
Elron Electronics A holding company with exposure to telecommunications, life sciences, semiconductor and advanced materials technologies.   
Elspec Develops, manufactures and markets state-of-the-art products, which improve electrical network quality, save energy and provide advanced network analysis.
Epsilon Investment House  A leading Israeli financial institution.
e-Sim A man machine interface (MMI) solution provider for mobile handsets and other electronic products. 
ESPRO Provides audio tours and audio contents on various platforms to museums around the world.
Eyeblaster The world’s leader in rich media content delivery and management technology. 
FERTILIGENT Developing innovative, intelligent artificial insemination devices. 
Followap A developer of a suit of related technologies that enable end users of mobile communications devices to communicate better and receive better service offerings. 
Formula Telecom Solutions  A visionary global provider of converged CRM and billing solutions for telecom operators and service providers. 
Frutarom  Frutarom creates, produces and markets a large variety of high quality flavor and fragrance compounds and ingredients.
Fundtech Facilitates payments, settlement and cash management by enabling businesses and their banks to electronically manage cash, process payments and transfer funds. 
Galil Medical Provides minimally invasive temperature-based therapies for treatment of both benign and malignant diseases of the prostate and other urological diseases.
GammaCan A biopharmaceutical company focused on clinical-phase development and commercialization. 
Genoa Color Technologies  An innovative developer of next generation color technologies that is transforming color when viewing TV broadcasts and other digital media.
Gilat Satellite Networks  A provider of products and services for satellite-based communications networks. 
Girafa.com  Champions visual search technology that allows users to view thumbnail images of Web sites listed on textual search result pages.
Given Imaging The global leader in providing patient-friendly solutions for the gastrointestinal community. 
Glucon Developing glucose monitoring devices for the diabetes market. 
Glycominds Positioning to become the market leader for autoimmune diseases' specialty tests.
GuruNet Provides the next generation of online research technology to users who seek to gather specific information to a specific question. 
HyperRoll A leading provider of data aggregation software that delivers immediate and substantial improvements in business intelligence. 
IL Aerospace Technologies  Developing a unique vehicle that has the potential of making space tourism financially accessible to a large target market. 
Impliant Creates high performance orthopedic implants for the hip, knee, shoulder, and spine with cushion bearing materials and cutting-edge engineering. 
Internet Gold A leading Internet Service Provider that also providesr value-added services, such as e-commerce and content services.
Jacada A systems software integration company.
Kagoor  A leading supplier and innovator of session border control (SBC) technology. 
Koor Industries A diversified conglomerate with holdings in communications, hotels, agro-business and defense electronics.
LanOptics A fabless semiconductor company providing high-speed network processors. 
Lipman Electronic Product line revolves around the design and manufacture of advanced wireless and tel-line point-of-sale (POS) terminals.
Lumenis The global leader in medical and aesthetic lasers and light-based technology. 
Magal Security A leading developer, manufacturer, and marketer of computerized security systems for perimeter security and a video motion detection.
Magink Display Technologies Develops proprietary, full-color, commercially-viable digital ink technologies. 
MATAV One of three cable television operators in Israel, provides digital and analog cable television services as well as access to high-speed Internet over cable services. 
Metalink Designs, develops and markets digital subscriber line (DSL) chipsets used by manufacturers of telecommunication equipment. 
MIND CTI A global provider of real-time, product-based mediation, billing and customer care solutions for voice, data, video and content services. 
Mobil Access Networks Delivers comprehensive in-building wireless solutions that enable users of cellular phones, laptops, BlackBerrys, PDAs and pagers to benefit from seamless wireless coverage. 
Mobileye Offers a complete range of vision applications for driver assistance and for safety related applications. 
MusicGenome Employs proprietary algorithms to accurately profile individual musical preferences and match titles accordingly. 
Natural Widgets Software solutions enables users to record and store mobile phone conversations. 
Nemesyco Detect involuntary micro-changes (Brain Activity Fingerprints) in the voice to accurately analyze a subject's current state-of-mind. 
NeuroVision A non-invasive, computerized treatment based on visual stimulation of the neural connections responsible for vision to improving eyesight.
NICE Systems  The global provider of advanced solutions that help organizations extract meaningful insight from interactions. 
NotalVision The first comprehensive diagnostic solutions for the early detection and frequent monitoring of AMD. 
NSC Develops, integrates and markets automatic speech recognition systems which are used in the telecommunications industry. 
Oblicore A leading provider of enterprise applications that automate the management, monitoring and reporting of critical business commitments. 
Orckit Communications  A leading provider of advanced telecom equipment targeting high capacity packetized broadband services. 
Odimo An online retailer of current season brand name watches and luxury goods, high quality diamonds and fine jewelry. 
Optonol Developed a proprietary implantable device for the treatment of glaucoma by reducing the intraocular pressure.
Pegasus Is revolutionizing the interaction of natural handwriting with PCs, PDAs and cellular phones. 
Perrigo The world’s largest manufacturer of over-the-counter (OTC) pharmaceutical and nutritional products for the store brand and contract manufacturing markets. 
Pluristem Has developed a unique technology for the expansion of stem cells, T-cells, and other blood-related cells. 
Polar Investments Represents a diversified portfolio of telecommunications and real estate assets.
Polgat One of Israel's leading textile houses.
Power Paper A leading provider of micro-power source technology, which addresses ultra-thin and flexible micro-powered devices. 
Radiancy Developed an innovative technology that utilizes light and heat to effectively treat aesthetic and medical conditions such as hair removal, acne, psoriasis as well as provide skin photorejuvenation.
Radware Develops, manufactures and markets intelligent application switching (IAS) solutions. 
Remon Develops and commercializes smart, miniature medical implants which enable physicians to access and treat a variety of medical conditions in a non-invasive manner. 
Sandisk Designs, develops and markets flash storage card products used in a variety of consumer electronics. 
Scitex A leader in industrial inkjet digital printing solutions.
Shamir Optical Industries  A leading provider of innovative products and technologies to the progressive spectacle lens market. 
Shopping.com A leading provider of comparison shopping resources. 
SkyVision  Maintains an international network consists of a seamless combination of terrestrial and satellite links. 
Syneron Medical Manufactures and distributes medical aesthetic devices.
Tactile Technology The first company to offer intra-oral image-guided navigation specifically for dental practitioners.
Tadiran Designs and manufactures high performance power sources for many rapidly growing end markets.
Telemessage Offers unique messaging services that enable service providers and enterprises to send, receive, and manage voice, text and multimedia messages.
Teva A global pharmaceutical company specializing in the development, production and marketing of generic and proprietary branded pharmaceuticals. 
Tower Semiconductor A pure-play independent wafer foundry that manufactures integrated circuits (ICs) with geometries ranging from 1.0 to 0.13 micron. 
Uniper Enables service providers to drive revenues from rapidly creating and launching appealing mobile data services and delivering personalized and branded environments to increasingly sophisticated devices. 
VisionCare Developing an implantable miniature telescope that is intended to be a permanent solution for vision loss due to AMD.
VKB Enhances and enables the communications, computing and entertainment experience through innovative virtual interface technology. 
Wintegra A fabless semiconductor company enabling the next generation of access networks with a family of single-chip solutions. 
Wisair Develops and markets a high performance wireless communication chipset solution, based on UWB (Ultra Wide Band) technology. 
WonderNet  A developer of products and services for the secure authentication, processing, storage and retrieval of signature-based medical financial and retail electronic transactions and documents. 
XTL Biopharmaceuticals  Develops novel therapeutics to treat  life-threatening infectious diseases based on fully human monoclonal antibodies. 

For further information about this Research Report or about our June 1-2, 2005 Investing in Israel Conference, please fill out the questionnaire available at www.twst.com/conferences or call Naomi Barazani at 212-952- 7400 ext. 126 or Naomi@twst.com.
For marketing opportunities: Patrick Hambrecht: 212-952-7454 or phambrecht@twst.com