In addition to our Company’s core operations, we also act as a venture capitalists, investing and holding interests in the following various companies, mainly in hi-tech, telecommunications and retail fields of activity:
Olive Software Inc.
Our Subsidiary, Olive Software Inc. (in which our Company approximately holds 18.33%), is engaged in the development and marketing of products that enable a transparent link between the newspapers’ traditional printing systems and the world of e-publishing. These products enable newspapers and magazines to automatically present their printed edition on the internet, while supporting the e-commerce applications, personalization and interactive advertising. In addition, Olive develops and markets digital archive services for newspapers and libraries.
For additional information please see Olive’s web site: http://www.olivesoftware.com/
Easyrun Ltd.
Easyrun Ltd. (in which our Company approximately holds approximately 47.79%), an Israeli corporation, is engaged in the development and marketing of call centers solutions, which support under one platform, diversified infrastructure from historical telephony and up to futuristic telecom equipment (IP switchboards) and modern e-commerce applications (web).
For additional information please see Easyrun’s web site: http://www.easyrun.com/
Varcode Ltd.
Varcode Ltd. (in which our Company approximately holds approximately 31%) is developing the innovative active Smart-Barcode(™) technology. The Smart-Barcode is a revolutionary barcode that enables recording and reporting of any irregular events that the product was exposed to during the entire cold chain. The Smart-Barcode is attached to perishable foods and reports whether or not the product was exposed to temperatures above or below the defined threshold or time limit, as well as other parameters. The use of Varcode’s Smart-Barcode(™) can drastically improve the logistic food chain, cut out on waste and expand shelf life. Other uses of the Smart-Barcode technology include pharmaceutical and other time temperature sensitive products.
For additional information please see Varcode’s web site: http://www.varcode.com/
Elbit Trade and Retail Ltd. (formerly, Mango Israel Clothing and Footwear Ltd.)
Thought our wholly owned subsidiary, Elscint Ltd., on 2005, our Company invested in Elbit Trade and Retail Ltd. (formerly, Mango Israel Clothing and Footwear Ltd.) (in which our Company approximately holds indirectly 100%), the exclusive Israeli distributor and retailer of the international retail brand name MANGO-MNG™ and since September 2007 of G-STAR.
Mango is a prestigious multinational company dedicated to the fashion design, manufacture and marketing of clothing garments and accessories for women all over the world (more than 866 stores in countries around the world). Dressing the young, modern and urban woman for her daily needs is a formula that Mango have analyzed, adapted and applied to all the countries in which Mango is present.
The G-Star brand is a style of all times. From it’s conception in 1989, G-Star has been known for its innovative and cutting edge style in the world of denim. “Just the Product” has always been G-Star’s philosophy and market approach. Elbit Trade intends to open it’s first G-Star store in Israel during 2008.
Elbit Trade currently leases and operates 20 stores and an additional four outlet stores. The key elements of Elbit Trade’s strategy are to: (i) Increase sales to existing and new customers by opening new stores and marketing activates; (ii) Localization and enhancing the Mango brand in Israel by improving its marketing and branding strategy; (iii) Open new stores in strategic locations across Israel with emphasis on opening shops of 250-300 square meters; and (iv) To seek for business opportunities in the clothing retail market.
For additional information please see MANGO’s web site: www.mango.com. and G-STAR’s web site: www.G-star.com.