UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
Amendment No. 6
Under the Securities Exchange Act of 1934
m-Wise, Inc.
(Name of Issuer)
Common Stock, Par value $.0017 Per Share
(Title of Class of Securities)
554042101
(CUSIP Number)
Paul Weinberg, Adv.
c/o Elron Electronic Industries Ltd.
The Triangular Tower, 42nd Floor
3 Azrieli Center, Tel Aviv 67023
Israel
Tel: +972 3 6075555
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
November 9, 2009
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 249.13d-1(g), check the
following box. [_]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 21 pages
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
DEP Technology Holdings Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 2 of 21 pages
|
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Elron Electronic Industries Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 3 of 21 pages
|
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Discount Investment Corporation Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 4 of 21 pages
|
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
IDB Development Corporation Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 5 of 21 pages
|
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
IDB Holding Corporation Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 6 of 21 pages
|
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Nochi Dankner
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
IN
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 7 of 21 pages
|
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Shelly Bergman
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
IN
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 8 of 21 pages
|
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Ruth Manor
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
IN
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 9 of 21 pages
|
SCHEDULE 13D
CUSIP NO. 554042101
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Avraham Livnat
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Source of funds (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Israel
--------------------------------------------------------------------------------
7. Sole Voting Power
0
-------------------------------------------------------------
Number of Shares 8. Shared Voting Power
Beneficially 6,968,158 (*)
Owned by Each -------------------------------------------------------------
Reporting Person 9. Sole Dispositive Power
With: 0
-------------------------------------------------------------
10. Shared Dispositive Power
6,968,158 (*)
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,968,158 (*)
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
4.8% (exit filing)
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
IN
--------------------------------------------------------------------------------
(*) This amount includes an aggregate of 5,263,158 shares that may be acquired
upon exercise of a warrant as described in Item 6 of the Statement.
Page 10 of 21 pages
|
This Amendment No. 6 on Schedule 13D/A (the "Amendment") amends and supplements
the Statement on Schedule 13D, as amended, previously filed with the Securities
and Exchange Commission by DEP Technology Holdings Ltd. ("DEP"), Elron
Electronic Industries Ltd. ("Elron"), Discount Investment Corporation Ltd.
("DIC"), IDB Development Corporation Ltd. ("IDB Development"), IDB Holding
Corporation Ltd. ("IDB Holding"), Nochi Dankner, Shelly Bergman, Ruth Manor and
Avraham Livnat (collectively, "the Reporting Persons") (the "Statement") with
respect to the common stock, par value $.0017 per share (the "Common Stock"), of
m-Wise, Inc (the "Issuer") to the extent specified herein. Capitalized terms
used in this Amendment without being defined herein have the meanings given to
them in the Statement.
The Amendment is filed by the Reporting Persons in connection with changes in
their ownership of the Common Stock as a result of sales by DEP from June 24,
2008 through November 12, 2009, of an aggregate of 1,831,249 shares of Common
Stock in transactions on the open market. These sales resulted in each of the
Reporting Persons beneficially holding less than 5% of the Common Stock of the
Issuer, and accordingly this Amendment represents an exit filing by each of the
Reporting Persons.
The following amends and supplements Items 2 and 5 of the Statement.
Item 2. IDENTITY AND BACKGROUND
(a), (b) and (c): The Reporting Persons.
As of November 9, 2009:
DIC owned approximately 48.71% of the outstanding shares of Elron.
IDB Development owned approximately 74.45% of the outstanding shares of
DIC.
IDB Holding owned all (100%) of the outstanding shares of IDB Development.
Nochi Dankner (together with a private company controlled by him) and
Shelly Bergman owned approximately 57% and 13% respectively of the outstanding
shares of, and control, Ganden Holdings. In addition to Shelly Bergman, One of
Ganden Holdings' other shareholders, owning in the aggregate approximately 1.7%
of Ganden Holdings' outstanding shares, has a tag along right granted to it by
Nochi Dankner to participate in certain sales of Ganden Holdings' shares by
Nochi Dankner, and such shareholder agreed to vote all its shares of Ganden
Holdings in accordance with Nochi Dankner's instructions.
In addition to approximately 31.02% of the outstanding shares of IDB
Holding owned by Ganden, which is controlled by Nochi Dankner and Shelly Bergman
through Ganden Holdings, Ganden owned directly approximately 6.7% of the
outstanding shares of IDB Holding, Ganden Holdings itself owned directly
approximately 17.53% of the outstanding shares of IDB Holding, and a private
Israeli corporation which is wholly owned by Shelly Bergman owned approximately
4.2% of the outstanding shares of IDB Holding. These additional shares of IDB
Holding are not subject to the Shareholders Agreement.
In addition to approximately 10.34% of the outstanding shares of IDB
Holding owned by Manor, which is controlled by Ruth Manor, Manor owned directly
approximately 0.05% of the outstanding shares of IDB Holding, and another
private Israeli corporation which is controlled by her owned directly
approximately 3.03% of the outstanding shares of IDB Holding. These additional
shares of IDB Holding are not subject to the Shareholders Agreement.
In addition to approximately 10.34% of the outstanding shares of IDB
Holding owned by Livnat, which is controlled by Avraham Livnat, another private
Israeli corporation which is controlled by him owned directly approximately
3.09% of the outstanding shares of IDB Holding. These additional shares of IDB
Holding are not subject to the Shareholders Agreement.
Most of the forgoing shareholdings in IDB Holding have been pledged to
financial institutions as collateral for loans taken to finance the purchase of
IDB Holding's shares. Upon certain events of default, these financial
institutions may foreclose on the loans and assume ownership of or sell such
shareholdings.
The name, citizenship, residence or business address and present principal
occupation of the directors and executive officers of (i) DEP, (ii) Elron, (iii)
DIC, (iv) IDB Development and (v) IDB Holding are set forth in Schedules A, B,
C, D and E attached hereto, respectively, and incorporated herein by reference.
These Schedules replace Schedules A, B, C, D and E previously attached to the
Statement.
Page 11 of 21 pages
(d) None of the Reporting Persons or, to the knowledge of the Reporting
Persons, any director or executive officer named in Schedules A, B, C, D and E
to this Amendment, has, during the last five years, been convicted in any
criminal proceeding, excluding traffic violations and similar misdemeanors.
(e) None of the Reporting Persons or, to the knowledge of the Reporting
Persons, any director or executive officer named in Schedules A, B, C, D and E
to this Amendment, has, during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction which
as a result of such proceeding was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, Federal or state securities laws or finding any violation with
respect to such laws.
Item 5. INTEREST IN SECURITIES OF THE ISSUER
As of November 9, 2009, DEP beneficially owned an aggregate of 7,338,158
shares, or approximately 5.1%, of the Common Stock. As of November 12, 2009, DEP
beneficially owned an aggregate of 6,968,158 shares, or approximately 4.8%, of
the Common Stock. These amounts of shares include an aggregate of 5,263,158
shares of Common Stock which it has the right to acquire upon exercise of the
warrant as described in the Statement. The percentages were calculated based on
139,322,145 shares of the Common Stock outstanding, as reported in the Issuer's
Quarterly Report on Form 10Q filed with the Securities and Exchange Commission
on November 13, 2009. Elron beneficially owns all shares of Common Stock held by
DEP as a result of DEP being a wholly owned subsidiary of Elron.
Each of DIC, IDB Development, IDB Holding and the Reporting Persons who are
natural persons may be deemed beneficial owners of, and to share the power to
vote and dispose of, these shares of Common Stock. Each of these Reporting
Persons disclaims beneficial ownership of all the shares of Common Stock held by
DEP.
None of the Reporting Persons purchased, and except as set forth in this
Amendment, none of the Reporting Persons sold, any shares of Common Stock during
the 60 days prior to November 9, 2009 and through November 12, 2009.
Information provided to the Reporting Persons indicates that the executive
officers and directors of IDB Holding, IDB Development, DIC, Elron and DEP did
not own, as of November 9, 2009, and as of November 12, 2009, any shares of
Common Stock (including Common Stock that may be acquired pursuant to options or
rights to purchase such Common Stock from the Issuer). According to the
information provided to the Reporting Persons, none of such executive officers
and directors purchased or sold any shares of Common Stock during the last 60
days prior to November 9, 2009 and through November 12, 2009.
From June 24, 2008 through November 12, 2009, DEP sold an aggregate of 1,831,249
shares of Common Stock in transactions in the open market for a total
consideration, before broker commissions, of approximately $45,000, the details
of which are set forth in Exhibit F hereto.
Page 12 of 21 pages
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this Amendment No.6 of the
Statement is true, complete and correct.
Date: November 19, 2009 DEP TECHNOLOGY HOLDINGS LTD.
ELRON ELECTRONIC INDUSTRIES LTD.
DISCOUNT INVESTMENT CORPORATION LTD.
IDB DEVELOPMENT CORPORATION LTD.
IDB HOLDING CORPORATION LTD.
NOCHI DANKNER
SHELLY BERGMAN
RUTH MANOR
AVRAHAM LIVNAT
BY: DISCOUNT INVESTMENT CORPORATION LTD.
(signed)
BY: ______________________________________
Raanan Cohen and Shlomo Cohen, authorized signatories
of Discount Investment Corporation Ltd., for itself
and on behalf of DEP Technology Holdings Ltd., Elron
Electronic Industries Ltd., IDB Development
Corporation Ltd., IDB Holding Corporation Ltd., Nochi
Dankner, Shelly Bergman, Ruth Manor and Avraham
Livnat, pursuant to agreements annexed to Amendment
No. 1 of the Statement as Exhibits 1 through 8.
Page 13 of 21 pages
Schedule A
Directors and Executive Officers
of
DEP Technology Holdings Ltd.
(as of November 12, 2009)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Rinat Remler Director Vice President and Chief Financial Officer of
3 Azrieli Center, The Triangular Tower 42nd Elron.
floor, Tel-Aviv 67023, Israel
Ari Bronshtein Co-Chief Executive Vice President of DIC; Co-Chief Executive Officer
3 Azrieli Center, The Triangular Tower 44th Officer of Elron
floor, Tel-Aviv 67023, Israel
Zvi Slovin Co-Chief Executive Co-Chief Executive Officer of Elron.
3 Azrieli Center, The Triangular Tower 42nd Officer
floor, Tel-Aviv 67023, Israel
|
Schedule B
Directors and Executive Officers
of
Elron Electronic Industries Ltd.
(as of November 12, 2009)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Arie Mientkavich Chairman of the Chairman of Elron; Deputy Chairman of Gazit Globe
3 Azrieli Center, The Triangular Tower, 42nd Board of Directors Ltd and Chairman of Gazit Globe Israel
floor, Tel-Aviv 67023, Israel (Development) Ltd.
Ami Erel Director President & Chief Executive Officer of DIC;
3 Azrieli Center, The Triangular Tower, 44th Chairman of NetVision Ltd., Cellcom Israel Ltd.
floor, Tel-Aviv 67023, Israel and Koor Industries Ltd.
Avraham Asheri Director Director of companies.
12 Yoshpe Street, Apt. 7,
Mevasseret Zion 90805, Israel
Yaacov Goldman External Director Director of companies.
39 Nachlieli Street,
Hod Hasharon 45355, Israel
Gad Arbel External Director Director of Companies.
Hashalom 96,
Mevaseret Zion, 90805, Israel
Prof. Gabriel Barbash Director Director General of the Tel Aviv
14 Zisman Street, Sourasky Medical Center.
Ramat Gan 52521, Israel
Rona Dankner Director Portfolio companies liaison at DIC.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
|
Page 14 of 21 pages
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Avi Fischer Director Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.
Shay Livnat Director President of Zoe Holdings Ltd.
3 Azrieli Center, The Triangular Tower, 45th
floor, Tel-Aviv 67023, Israel
Dori Manor (*) Director Chief Executive Officer of companies in the motor
103 Kahanman Street, vehicle sector of the David Lubinski Ltd. group.
Bnei Brak 51553, Israel
Arie Ovadia Director Director of companies.
10 Harav Amiel Street,
Tel Aviv, 62223, Israel
Ari Bronshtein Co-Chief Executive Vice President of DIC; Co-Chief Executive Officer
3 Azrieli Center, The Triangular Tower 44th Officer of Elron.
floor, Tel-Aviv 67023, Israel
Zvi Slovin Co-Chief Executive Co-Chief Executive Officer of Elron.
3 Azrieli Center, The Triangular Tower 44th Officer
floor, Tel-Aviv 67023, Israel
Rinat Remler Vice President and Vice President and Chief Financial Officer of
3 Azrieli Center, The Triangular Tower, 44th Chief Financial Elron.
floor, Tel-Aviv 67023, Israel Officer
|
(*) Dual citizen of Israel and France.
Schedule C
Directors and Executive Officers
of
Discount Investment Corporation Ltd.
(as of November 12, 2009)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Nochi Dankner Chairman of the Chairman of IDB Holding; Chairman of IDB
3 Azrieli Center, The Triangular Tower, 44th Board of Directors Development, DIC and Clal Industries and
floor, Tel-Aviv 67023, Israel Investments Ltd.; Businessman and director of
companies.
Zehava Dankner Director Director of companies.
64 Pinkas Street, Tel Aviv 62157, Israel
Zvi Livnat Director Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.
Avi Fischer Director Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.
Refael Bisker Director Chairman of Property and Building Corporation
3 Azrieli Center, The Triangular Tower, 44th Ltd. Co-Chairman of Shufersal Ltd.
floor, Tel-Aviv 67023, Israel
|
Page 15 of 21 pages
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Jacob Schimmel Director Co-Managing Director of UKI Investments.
7 High field Gardens,
London NW11 9HD, United Kingdom
Shaul Ben-Zeev Director Chief Executive Officer of Avraham Livnat Ltd.
Taavura Junction,
Ramle 72102, Israel
Eliahu Cohen Director Director & Chief Executive Officer of IDB
3 Azrieli Center, The Triangular Tower, 44th Development.
floor, Tel-Aviv 67023, Israel
Gideon Lahav Director Director of companies.
124 Ehad Ha-Am Street,
Tel-Aviv 65208, Israel
Moshe Arad External Director Director of companies.
14 Shay Agnon Street,
Jerusalem 92586, Israel
Gideon Dover External Director Chief Executive Officer and director of Dover
11 Hamaalot Street, Medical and Scientific Equipment Ltd.
Herzlia B 46583, Israel
Prof. Niv Ahituv External Director Professor at the Faculty of Management in the Tel
33 Drezner Street, Aviv University.
Tel Aviv 69496, Israel.
Isaac Manor (*) Director Chairman of companies in the motor vehicle sector
103 Kahanman Street, of the David Lubinski Ltd. group.
Bnei Brak 51553, Israel
Dori Manor (*) Director Chief Executive Officer of companies in the motor
103 Kahanman Street, vehicle sector of the David Lubinski Ltd. group.
Bnei Brak 51553, Israel
Haim Gavrieli Director Chief Executive Officer of IDB Holding; Executive
3 Azrieli Center, The Triangular Tower, 44th Vice President of IDB Development.
floor, Tel-Aviv 67023, Israel
Ami Erel President and Chief President and Chief Executive Officer of DIC;
3 Azrieli Center, The Triangular Tower, 44th Executive Officer Chairman of NetVision Ltd., Cellcom Israel Ltd.
floor, Tel-Aviv 67023, Israel and Koor Industries Ltd.
Raanan Cohen Vice President Vice President of DIC; Chief Executive Officer of
3 Azrieli Center, The Triangular Tower, 44th Koor Industries Ltd.
floor, Tel-Aviv 67023, Israel
Ari Bronshtein Vice President Vice President of DIC; Co-Chief Executive Officer
3 Azrieli Center, The Triangular Tower, 44th of Elron.
floor, Tel-Aviv 67023, Israel
Michel Dahan Vice President and Vice President and Chief Financial Officer of DIC.
3 Azrieli Center, The Triangular Tower, 44th Chief Financial
floor, Tel-Aviv 67023, Israel Officer
Dr. Yochai Rafaelli Vice President Vice President of DIC.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Motti Berenstain Comptroller Comptroller of DIC
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
|
(*) Dual citizen of Israel and France
Page 16 of 21 pages
Schedule D
Directors and Executive Officers
of
IDB Development Corporation Ltd.
(as of November 12, 2009)
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Nochi Dankner Chairman of the Chairman of IDB Holding, IDB Development, DIC and
3 Azrieli Center, The Triangular Tower, 44th Board of Directors Clal Industries and Investments Ltd.; Businessman
floor, Tel-Aviv 67023, Israel and Director of companies.
Zehava Dankner Director Director of companies.
64 Pinkas Street, Tel Aviv 62157, Israel
Avi Fischer Deputy Chairman of Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th the Board of Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Directors Officer of Clal Industries and Investments Ltd.
Zvi Livnat Deputy Chairman of Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th the Board of Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Directors Officer of Clal Industries and Investments Ltd.
Refael Bisker Director Chairman of Property and Building Corporation
3 Azrieli Center, The Triangular Tower, 44th Ltd.; Co-Chairman of Shufersal Ltd.
floor, Tel-Aviv 67023, Israel
Jacob Schimmel Director Co-Managing Director of UKI Investments.
7 High field Gardens,
London NW11 9HD, United Kingdom
Shay Livnat Director President of Zoe Holdings Ltd.
3 Azrieli Center, The Triangular Tower, 45th
floor, Tel-Aviv 67023, Israel
Eliahu Cohen Director and Chief Chief Executive Officer of IDB Development.
3 Azrieli Center, The Triangular Tower 44th Executive Officer
floor, Tel-Aviv 67023, Israel
Isaac Manor (*) Director Chairman of companies in the motor vehicle sector
103 Kahanman Street, of the David Lubinski Ltd. group.
Bnei Brak 51553, Israel
Dori Manor (*) Director Chief Executive Officer of companies in the motor
103 Kahanman Street, vehicle sector of the David Lubinski Ltd. group.
Bnei Brak 51553, Israel
Abraham Ben Joseph Director Director of companies.
87 Haim Levanon Street,
Tel-Aviv 69345, Israel
Amos Malka Director Director of companies
18 Nahal Soreq Street,
Modi'in 71700, Israel
|
Page 17 of 21 pages
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Prof. Yoram Margalioth Director Senior lecturer (expert on tax laws) at the
16 Ha'efroni Street, Faculty of Law in the Tel Aviv University.
Raanana 43724, Israel
Irit Izakson Director Director of companies.
15 Great Matityahou Cohen Street,
Tel-Aviv 62268, Israel
Lior Hannes Senior Executive Senior Executive Vice President of IDB
3 Azrieli Center, The Triangular Tower, 44th Vice President Development; Chief Executive Officer of IDB
floor, Tel-Aviv 67023, Israel Investments (U.K.) Ltd.
Dr. Eyal Solganik Executive Vice Executive Vice President and Chief Financial
3 Azrieli Center, The Triangular Tower, 44th President and Chief Officer of IDB Development; Chief Financial
floor, Tel-Aviv 67023, Israel Financial Officer Officer of IDB Holding.
Ari Raved Vice President Vice President of IDB Development.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Gonen Bieber ** Vice President and Vice President and finance manager of IDB
3 Azrieli Center, The Triangular Tower, 45th finance manager Development; Vice President and Chief Financial
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.;
Finance manager of IDB Holding.
Haim Gavrieli Executive Vice Chief Executive Officer of IDB Holding; Executive
3 Azrieli Center, The Triangular Tower, 44th President Vice President of IDB Development.
floor, Tel-Aviv 67023, Israel
Haim Tabouch Vice President Vice President Comptrolling of IDB Development;
3 Azrieli Center, The Triangular Tower, 44th Comptrolling Comptroller of IDB Holding.
floor, Tel-Aviv 67023, Israel
Amir Harosh Comptroller Comptroller of IDB Development.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Inbal Tzion Vice President and Vice President and Corporate Secretary of IDB
3 Azrieli Center, The Triangular Tower, 44th Corporate Secretary Development; Corporate Secretary of IDB Holding.
floor, Tel-Aviv 67023, Israel
|
(*) Dual citizen of Israel and France.
(**) Dual citizen of Israel and the Republic of Germany.
Schedule E
Directors and Executive Officers
of
IDB Holding Corporation Ltd.
(as of November 12, 2009)
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Nochi Dankner Chairman of the Chairman of IDB Holding, IDB Development, DIC and
3 Azrieli Center, The Triangular Tower, 44th Board of Directors Clal Industries and Investments Ltd.; Businessman
floor, Tel-Aviv 67023, Israel and Director of companies.
Isaac Manor (*) Deputy Chairman of Chairman of companies in the motor vehicle sector
103 Kahanman Street, the Board of of the David Lubinski Ltd. group.
Bnei Brak 51553, Israel Directors
|
Page 18 of 21 pages
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Arie Mientkavich Vice Chairman of Chairman of Elron; Deputy Chairman of Gazit-Globe
14 Betzalel Street, the Board of Ltd. and Chairman of Gazit-Globe Israel
Jerusalem 94591,Israel Directors (Development) Ltd.
Zehava Dankner Director Director of companies.
64 Pinkas Street, Tel Aviv 62157, Israel
Lior Hannes Director Senior Executive Vice President of IDB
3 Azrieli Center, The Triangular Tower, 44th Development; Chief Executive Officer of IDB
floor, Tel-Aviv 67023, Israel Investments (U.K.) Ltd.
Refael Bisker Director Chairman of Property and Building Corporation
3 Azrieli Center, The Triangular Tower, 44th Ltd.; Co-Chairman of Shufersal Ltd.
floor, Tel-Aviv 67023, Israel
Jacob Schimmel Director Co-Managing Director of UKI Investments.
7 High field Gardens,
London NW11 9HD, United Kingdom
Shaul Ben-Zeev Director Chief Executive Officer of Avraham Livnat Ltd.
Taavura Junction, Ramle 72102, Israel
Eliahu Cohen Director Chief Executive Officer of IDB Development.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Dori Manor (*) Director Chief Executive Officer of companies in the motor
103 Kahanman Street, vehicle sector of the David Lubinski Ltd. group.
Bnei Brak 51553, Israel
Meir Rosenne Director Attorney.
8 Oppenheimer Street, Ramat Aviv,
Tel Aviv 69395, Israel
Shmuel Dor External Director Head of auditing of subsidiaries of Clalit Health
7 Tarad Street, Services
Ramat Gan 52503, Israel
Zvi Dvoresky External Director Chief Executive Officer of Beit Kranot Trust Ltd.
3 Biram Street,
Haifa 34986, Israel
Zvi Livnat Director and Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th Executive Vice Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel President Officer of Clal Industries and Investments Ltd.
Haim Gavrieli Chief Executive Chief Executive Officer of IDB Holding; Executive
3 Azrieli Center, The Triangular Tower, 44th Officer Vice President of IDB Development.
floor, Tel-Aviv 67023, Israel
Avi Fischer Executive Vice Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th President Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.
Dr. Eyal Solganik Chief Financial Chief Financial Officer of IDB Holding; Executive
3 Azrieli Center, The Triangular Tower, 44th Officer Vice President and Chief Financial Officer of IDB
floor, Tel-Aviv 67023, Israel Development.
Haim Tabouch Comptroller Comptroller of IDB Holding; Vice President
3 Azrieli Center, The Triangular Tower, 44th Comptrolling of IDB Development.
floor, Tel-Aviv 67023, Israel
|
* Dual citizen of Israel and France.
Page 19 of 21 pages
Exhibit F
Sales of Common Stock by DEP
-------------------- ------------------ --------------------
TRADE DATE QUANTITY PRICE (IN US$)
-------------------- ------------------ --------------------
18/07/2008 15,000 0.0450
21/07/2008 10,000 0.0450
22/07/2008 45,000 0.0400
24/07/2008 5,000 0.0400
24/07/2008 5,000 0.0400
29/07/2008 10,000 0.0400
03/11/2008 5,000 0.0250
03/11/2008 1,249 0.0250
03/11/2008 1,625 0.0250
23/04/2009 5,000 0.0250
23/04/2009 5,000 0.0206
23/04/2009 28,375 0.0201
27/04/2009 20,000 0.0220
27/04/2009 20,000 0.0220
27/04/2009 25,000 0.0230
27/04/2009 25,000 0.0230
27/04/2009 20,000 0.0230
27/04/2009 5,000 0.0201
27/04/2009 5,000 0.0201
27/04/2009 45,000 0.0200
27/04/2009 50,000 0.0200
27/04/2009 35,000 0.0200
30/04/2009 5,000 0.0200
14/05/2009 20,000 0.0200
18/05/2009 10,000 0.0225
19/05/2009 20,000 0.0200
19/05/2009 20,000 0.0200
19/05/2009 10,000 0.0220
26/05/2009 15,000 0.0200
26/05/2009 15,000 0.0200
28/05/2009 20,000 0.0200
28/05/2009 10,000 0.0200
09/06/2009 20,000 0.0200
09/06/2009 20,000 0.0200
09/06/2009 25,000 0.0200
12/06/2009 5,000 0.0215
12/06/2009 5,000 0.0215
12/06/2009 5,000 0.0215
12/06/2009 5,000 0.0215
12/06/2009 5,000 0.0215
12/06/2009 5,000 0.0180
26/06/2009 10,000 0.0229
26/06/2009 10,000 0.0229
26/06/2009 5,000 0.0229
26/06/2009 5,000 0.0229
26/06/2009 10,000 0.0229
26/06/2009 10,000 0.0229
05/08/2009 10,000 0.0210
05/08/2009 10,000 0.0210
05/08/2009 10,000 0.0210
05/08/2009 10,000 0.0210
05/08/2009 10,000 0.0210
|
Page 20 of 21 pages
05/08/2009 10,000 0.0210
05/08/2009 10,000 0.0210
05/08/2009 5,000 0.0210
05/08/2009 5,000 0.0210
05/08/2009 5,000 0.0210
05/08/2009 5,000 0.0210
05/08/2009 5,000 0.0210
06/08/2009 10,000 0.0200
06/08/2009 25,000 0.0200
06/08/2009 50,000 0.0200
06/08/2009 5,000 0.0200
06/08/2009 25,000 0.0200
06/08/2009 5,000 0.0200
13/10/2009 20,000 0.0280
13/10/2009 20,000 0.0280
13/10/2009 20,000 0.0280
13/10/2009 20,000 0.0280
13/10/2009 20,000 0.0260
13/10/2009 20,000 0.0260
13/10/2009 20,000 0.0280
13/10/2009 10,000 0.0280
13/10/2009 10,000 0.0270
13/10/2009 20,000 0.0260
14/10/2009 50,000 0.0280
14/10/2009 50,000 0.0270
14/10/2009 50,000 0.0270
14/10/2009 50,000 0.0270
14/10/2009 50,000 0.0270
14/10/2009 100,000 0.0270
09/11/2009 10,000 0.0250
09/11/2009 5,000 0.0250
09/11/2009 5,000 0.0250
09/11/2009 20,000 0.0250
10/11/2009 5,000 0.0250
10/11/2009 5,000 0.0250
10/11/2009 10,000 0.0250
10/11/2009 5,000 0.0250
10/11/2009 15,000 0.0250
10/11/2009 15,000 0.0250
10/11/2009 15,000 0.0250
10/11/2009 15,000 0.0250
10/11/2009 5,000 0.0250
10/11/2009 5,000 0.0250
10/11/2009 5,000 0.0250
10/11/2009 5,000 0.0250
12/11/2009 5,000 0.0250
12/11/2009 15,000 0.0250
12/11/2009 5,000 0.0250
12/11/2009 15,000 0.0250
12/11/2009 5,000 0.0250
12/11/2009 95,000 0.0250
12/11/2009 5,000 0.0250
12/11/2009 75,000 0.0250
12/11/2009 20,000 0.0250
12/11/2009 5,000 0.0250
12/11/2009 5,000 0.0220
12/11/2009 5,000 0.0220
12/11/2009 5,000 0.0210
12/11/2009 5,000 0.0210
|
Page 21 of 21 pages