Mr. Zisser was appointed Executive Chairman of the Company’s Board of Directors in May 1999. He has been President and Chairman of the board of directors of Europe-Israel, a private company which is the controlling shareholder of the Company, since March 1998, and President and Chairman of the board of directors of Control Centers, a private company, which is the parent company of Europe-Israel, since 1983. Europe-Israel and Control Centers are engaged, through their direct and indirect wholly and partially owned subsidiaries and affiliates, in the following core businesses: real estate investment, hotel ownership and management, development and operation of commercial and entertainment malls in Eastern European countries, in venture capital investments and in the hi-tech, medical and bio-technology industries. Control Centers also holds direct interests in property development projects in Israel. In October 2006, Mr. Zisser was also appointed as Executive Chairman of the board of directors of Plaza Centers. Mr. Zisser is active in charitable organizations. He is a member of the management of the “Oranit” hostel.

Mr. Goren has been a member of the Company’s Board of Directors since April 2006 and Vice Chairman of the Company’s Board of Directors since September 2006. Mr. Goren has also served as the Executive Chairman of the board of directors of Elscint Ltd. (our subsidiary company), from July 1999. Mr. Goren is engaged in the development of new investments and heads the high-tech investment division of Company. Until 2004, Mr. Goren served as the Executive Chairman of the board of directors of Nessuah Zannex Ltd., a leading Israeli investment house. Formerly, Mr. Goren had been a partner in the law firm of Prof. Joseph Gross, Hodak, Greenberg & Co. (now known as Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co.), a leading Israeli securities and corporate law firm. From September 1989 until August 1992, Mr. Goren was an associate in the law firm of Weil, Gotshal & Manges LLP in New York City. Mr. Goren also serves as a director of various private companies in Israel and abroad. Mr. Goren holds an LL.B. degree from Bar Ilan University and an LL.M. degree from New York University. Mr. Goren was admitted to the Israeli Bar in 1987 and to the New York State Bar in 1990.

Mr. Yitzhaki has served as President and a member of the Board of Directors since May 1999. Mr. Yitzhaki also served as the Company's Chief Financial Officer between March 2005 and August 2006. Mr. Yitzhaki has also served as a member of the board of directors of various subsidiaries of the Company, including Elscint Ltd. since May 1999 and PC since October 2006. Since March 1998, Mr. Yitzhaki has served as the Vice President of Europe-Israel, and, since the mid-1980’s, as Vice President of Control Centers. Mr. Yitzhaki holds a Bachelor of Arts degree in accounting from Bar Ilan University and is a certified public accountant.

Mr. Lavine was appointed as our General Counsel and Corporate Secretary in May 1999. Mr. Lavine also serves as General Counsel and Corporate Secretary for Elscint, Plaza Centers up to May 2007 and Europe-Israel Ltd. From 1977 to 1997 Mr. Lavine was in private practice as an associate and as a partner in the law firm Miron, Bension & Priwes and from 1997 to 1998 a partner in the law firm Raved, Magriso, Benkel & Co. Mr. Lavine is a graduate of the University of Zimbabwe. Mr. Lavine is married to Rachel Lavine, a director of the Company.

Mr. Machluf was appointed as the Company's Chief Financial Officer in August 2006. From 2003 to 2005 Mr. Machluf was head of the Company's accounting department and managed the transaction department. Prior to joining the Company from 1998 to 2003 Mr. Machluf served in several positions including as a manager, at Deloitte & Touche specializing in treating public companies and tax planning. Mr. Machluf holds an Bachelor of Arts degree in Economy and an LL.M. from Bar-Ilan University. Mr. Machluf is a certified public accountant.