Statement by Leonid Nevzlin, Chairman, Board of Governors, Nahum Goldmann Museum of the Jewish Diaspora, Tel Aviv, Israel Following the Shooting at the U.S. Holocaust Memorial Museum

TEL AVIV, Israel - Leonid Nevzlin today issued the following statement in response to the shooting at the United States Holocaust Memorial Museum:

Accumetrics, Inc. Announces Distribution Channels in Israel and Cyprus

SAN DIEGO - Accumetrics, Inc. announces today it has signed new distribution agreements for its VerifyNow(R) System in both Israel and Cyprus. Medtechnica, Ltd. will oversee distribution of all VerifyNow products in Israel, while Z.S. Curemed, Ltd. will be the sole distribution channel in Cyprus. These distribution agreements continue to expand Accumetrics’ reach in both scope and geography, and add to the growing numbers of countries outside of the United States and Europe where physicians have access to the VerifyNow System.

Oil Refineries’ Board Reiterates Approval to Establish Hydrocracker at Reduced Cost of $500 Million

HAIFA, Israel - ORL Succeeds in Reducing Cost From Original $670 Million by Leveraging Macro-Economic Environment Unit, due to be Operational by Early 2012, is Expected to Process 25,000 Barrels per day Unit Expected to Increase ORL’s Nelson Complexity Index From Current 7.4 to 9.0

Objet Geometries Releases Software Enhancement for PTC Pro/ENGINEER(R)

REHOVOT, Israel - New CADMatrix(TM) Allows Direct Control of 3D Model Material Preferences for Connex500(TM) Printing, Streamlining Multi-Part, Multi-Material Design Process

Israel Petrochemicals Enterprises Joins Oil Refineries’ Control Group

HAIFA, Israel - Oil Refineries Ltd. (TASE: ORL.TA) (”ORL” or the “Company”), Israel’s largest oil refiner, announced today that the Israel Corporation (”Israel Corp.”) and Israel Petrochemical Enterprises Ltd. (”IPE”) have completed the signing of a joint control agreement in ORL between the Israel Corp., IPE and Petroleum Capital Holdings (fully owned by IPE) (”Petroleum”), as well as signed an addendum to the Control Agreement in the Company.

Five Cord Blood Transplant Centers in Catalonia and Valencia Join a Study to Test a New Technique to Treat Leukemia and Lymphoma

JERUSALEM - The Gamida Cell-Teva Joint Venture announced today that five prestigious cord blood transplantations centers in Spain, three in Barcelona and two in Valencia, have joined the Excel study.

The First International Phone Directory in the World is Launched!

TEL AVIV, Israel - In a Release Being Distributed Today to Over 100 Countries, Picaphone Website Calls the Public Worldwide to Enter the Site and Participate in the Creation of the World’s First International Telephone Directory and Email Database

Clinical Trial Results of Pollogen’s TriPollar(TM) Radio Frequency Technology published in the Journal of the European Academy of Dermatology and Venereology

TEL AVIV, Israel - TriPollar(TM) Technology Proven as an Effective Modality for Immediate and Long Term Body Contouring and Circumference Reduction

Mrs. Lily Safra, President of the Edmond J. Safra Foundation, to Announce Major New Medical Research Initiative During Israel Visit

GENEVA - Mrs. Lily Safra, President of the Edmond J. Safra Foundation, established by her husband Mr. Edmond J. Safra, will visit Israel this week, highlighting the Foundation’s ongoing commitment to supporting charitable organizations across the world.

Burrill & Company and Khosla Ventures Invest in HCL CleanTech’s Technology for Converting Cellulosic Materials into Low Cost Fermentable Sugars - Enabling Biofuels and Other Bioproducts

SAN FRANCISCO and TEL-AVIV - US Venture Capital funds Burrill & Company and Khosla Ventures have invested in HCL CleanTech (www.hclcleantech.com), a US company and its Israeli subsidiary founded by Prof. Avram Baniel, Prof. Ari Eyal and Eran Baniel. HCL CleanTech has developed a proprietary technology to make an old, industrially proven German process converting lignocellulosic biomass to fermentable sugars economically very attractive. It is these fermentable sugars which are considered the gateway to advanced biofuels (biobutanols, biodiesel, jet fuel etc) and biochemicals (bioplastics etc). Modern chemical technology makes the implementation straightforward and immediate.

The Israeli Diamond Industry Sees Economic Crisis as Opportunity for Innovative Marketing

RAMAT GAN, Israel - ‘Together Works’ Uses New and Established Marketing Tools

The Israeli Diamond Industry, one of the major stakeholders of Israel’s economy, has found a unique way to deal with the global economic meltdown. Instead of freezing marketing activities and pulling advertising dollars, the Israeli Diamond Industry is investing huge efforts in reaching out to clients, using both new and traditional marketing tools.

Zohar Zisapel Increases Offer Price for RADVISION Shares and Extends Expiration Date to June 15, 2009

TEL AVIV, Israel - Zohar Zisapel announced today that he has increased the offer price in his pending tender offer to purchase 5.0% of the outstanding ordinary shares of RADVISION Ltd. (Nasdaq: RVSN) (currently, 971,394 RADVISION shares) from $6.30 per share to $7.70 per share, net to the seller in cash, less any required withholding taxes and without interest. All shareholders who tender shares to Mr. Zisapel pursuant to the tender offer will receive the increased price for shares tendered and accepted for payment, regardless of whether such shares are tendered before or after this announcement, if the tender offer is consummated.

Frutarom Sales in the First Quarter Reached US$ 98.4 M - Sales Materially Affected by the Strengthening of the US$ Against the European Currencies and the NIS

HAIFA, Israel - Significant Improvement in Cash Flow

- Frutarom sales are affected mainly by the following: - material revaluation in the US dollar rate compared to the European currencies and the NIS in which most of the Company’s sales are made, which affected US$ sales at a rate of 13.8% - the effects of the global economic crisis - the continuation of the trend of inventory reduction among Frutarom’s customers - the effect of a significant devaluation in the local currency in countries such as Russia, Ukraine, Turkey and Korea, where sales are significant for Frutarom, which led to a reduction in the purchasing power of the customers and food manufacturers in those countries - Frutarom estimates that it maintained and in some cases increased its market share with its customers - Positive cash flow from current activities - US$ 10.7 M compared to a negative cash flow of US$ 6.4 M in the first quarter of 2008. - After focusing during 2008 on the integration and utilization of the many synergies from the seven acquisitions made in 2007, during the first quarter of 2009, Frutarom resumed its acquisitions strategy and made two successful acquisitions. The integration of these acquisitions is progressed as planned. - Ori Yehudai, Frutarom’s President and Chief Executive Officer: “Frutarom will continue to act determinedly to implement its rapid growth strategy, combining organic growth and strategic acquisitions. We consider the challenging and complex period which the global economy undergoes as an opportunity for further strengthening. Frutarom entered this challenging and crisis-related economic period, as a leading, global, stronger-than-ever company, with strong management and a solid capital structure. Frutarom’s core businesses and products, mostly intended for the food industry, which place it in a relatively stable and defensive field and its ability to continue improving its cash flow generation from current activities, will enable it to successfully glide trough the global economic crisis and exploit opportunities which have emerged and continue to emerge as a result of this crisis.”

Celtro Opens Indian Headquarters

TEL AVIV, Israel - New Mumbai Subsidiary to Leverage Heavy Ongoing 2G Growth, Impending 3G Network Rollouts, Support Existing Indian Clients, and Spearhead Push Into Asia-Pacific Region

Delek Group Announces Consolidated Results for the First Quarter of 2009

TEL AVIV, Israel - Delek Group Ltd. (TASE: DLEKG.TA) (hereinafter: “Delek Group” or “The Group”) announced today reported its results for the three month period ending March 31, 2009. The full financial statements are available on Delek Group’s website at: www.delek-group.com.

Oil Refineries, Together With Delek Investment and Assets, Submits Full Tender Offer for Gadot Biochemicals

HAIFA, Israel - Oil Refineries Ltd. (TASE: ORL.TA) (the “Company”), Israel’s largest oil refiner, announced that today that on May 27, 2009, the Company, together with Delek Investment and Assets Ltd. (jointly the “Offererors”) submitted to the Israel Securities Authority, the Tel Aviv Stock Exchange and to Gadot Biochemical Industries Ltd. (hereinafter: “Gadot”) the outline for a full tender offer (hereinafter: the “Outline”), under which the Offererors turn to the shareholders of each of Gadot’s regular shares of NIS 0.1 par value each (hereinafter: the “Shares”) excluding Gadot (which holds 60,000,000 shares, which, according to section 308 of the Israel Companies Law do not grant any rights whatsoever) and excluding the Offerers themselves (hereinafter: the “Offerees”), with an offer to buy by means of a full tender offer, according to section 336 of the Israel Companies Law 1999, all their shares under the said Outline.

Strauss Group Reports Solid Start to 2009 with Growth in Sales and Pro-forma Net Profit

TEL AVIV - Financial highlights: - Sales in Q1 totaled NIS 1.52 billion, an increase of 1.2%; Organic growth, net of exchange rate impacts, totaled 6.3%. - Q1 reported operating profit reached NIS 135 million, compared to NIS 125 million in the same quarter last year; Operating profit for Q1, on a pro-forma[1] basis, totaled NIS 135 million compared to NIS 137 million last year. - Q1 reported net profit totaled NIS 74 million, compared to NIS 84 million in Q1 2008; Net profit, on a pro-forma basis, reached NIS 80 million compared to NIS 65 million last year.

Shikun & Binui Delivers Strong First Quarter 2009 Results

RAMAT GAN, Israel - Net Income Up 18% to NIS 87 Million; Quarterly Revenues Up 21% to NIS 1.2 Billion; Operating Cash Flow Reaches NIS 112.5 Million

Kazakhstan’s GSM Operator KaR-Tel Deploys RADWIN’s Wireless Broadband Radios

TEL AVIV - Kar-Tel Uses RADWIN’s Systems for Cellular Backhaul in the City

RADWIN (www.radwin.com), a leading provider of wireless broadband solutions, today announced that Kar-Tel - one of the largest mobile carriers in Kazakhstan - deployed its systems for cellular backhaul in the city of Almaty. KaR-Tel offers services in all Kazakhstan since 1999, and is a subsidiary of VimpelCom, Russia’s second largest mobile operator.

Request for Classification of a Legal Claim as a Class Action Against Oil Refineries’ and Carmel Olefins

HAIFA, Israel - Oil Refineries Ltd. (TASE: ORL.TA) (the “Company”), Israel’s largest oil refiner, announced that on May 17, 2009 a request for the classification of a legal claim as a class action claim, as defined in Action Law - 2006 (hereinafter: the “Request”), was filed with the Haifa District Court against the Company and Carmel Olefins Ltd. (hereinafter: the “Responders”).

New: Air Berlin Flies From Tel Aviv to Berlin

BERLIN - Germany’s second largest airline is expanding its route network and will be flying from Israel to Berlin for the first time this summer. From 7th July 2009 onwards, Air Berlin passengers will have a choice of two non-stop flights a week from Tel Aviv to Berlin. There will be connecting flights to various German cities. The Air Berlin jets will be taking off from Tel Aviv early on Wednesdays and Fridays and touch down in Berlin before noon.

Oil Refineries Announces First Quarter 2009 Financial Results

HAIFA, Israel - Consolidated net Income Increases to $75 Million, Compared to $2 Million in First Quarter 2008

IDI Launches Diamond Portal in Russian

RAMAT GAN, Israel - The Israel Diamond Institute Group of Companies (IDI) today launched a groundbreaking Russian version of the Israeli Diamond Industry Portal, the definitive B2B website for the Israel trade. The site was presented at a press conference by Avraham (Bumi) Traub, Chairman of the IDI Finance Committee and Honorary President of the Israel Diamond Manufacturers Association. This site, the only one of its kind operated by a diamond center, comes two years after IDI successfully launched the Chinese version, which was also a first for the industry. The English and Hebrew versions were launched in 2003.

The Global Green Portal Launched

NEW YORK - A worldwide green global portal, www.EcoSeed.org, was officially launched today by Global Content & Research Ltd. after a short beta launch period. The website is dedicated solely to serve the worldwide evolving “green” community and will provide worldwide access to global green news, green business, green finance and many other important green subjects.

QualiSystems Launches TestShell Studio at Interop

TEL AVIV, Israel - Studio - The innovative addition to the TestShell suite offers advanced drag-and-drop multi-sequence test creation for complex testing environments

In the Presence of the President of the State of Israel, Mr. Shimon Peres the 2009 Dan David Prize was Awarded to

TEL AVIV, Israel - Professor Paolo de Bernardis, Professor Andrew Lange and Professor Paul Richards for Their Contribution for the Past Time Dimension in the Field of Astrophysics - History of the Universe

Logia Group Launches “Play Ground Mobile” With Globe Telecom Philippines

HERZLIYYA, Israel - Logia to Supply its Full On-deck Solution, Which Will Provide Globe’s 24 Million Subscribers a Vast Array of Premium Value Added Services

Gadi Lesin, CEO of Strauss Israel, Who is Intended to Succeed Erez Vigodman as President & CEO of Strauss Group, Today Named Zion Balas as the Next CEO of Strauss Israel

TEL AVIV, Israel - Balas Will Assume his new Role as CEO of Strauss Israel and Member of the Group Manangement Team on June 15, 2009

Zlango Appoints Industry Veteran Roni Haim to CEO Position

TEL AVIV, Israel - Revamped Strategy Endorsed by Investors and Customers

Zlango, an Israeli innovator in the space of rich-media mobile messaging has announced today the appointment of Roni Haim, a telecom industry veteran with over 25 years of experience to the CEO position. Mr. Haim replaces Yoav Lorch, Zlango’s founder, who will continue to serve on its Board of Directors.

Strauss Group Successfully Completed Debentures Issue Raised NIS 500 Million

TEL AVIV, Israel - Strauss Group (TASE: STRS) announced that it successfully completed an NIS 500 Million debenture issue from the public.

Oil Refineries Receives Notice That Israel Petrochemicals Enterprises Received Control Permit

HAIFA, Israel - Oil Refineries Ltd. (TASE: ORL.TA) (”ORL”), Israel’s largest oil refiner, received today from Israel Petrochemicals Enterprises (”IPE”), which holds 15.76% in ORL, its announcement on the receipt of a control permit under the Government Companies Decree (announcement on vital interests of the State in Oil Refineries Ltd. (2007). Please find below a convenience translation from Hebrew of IPE’s announcement.

InspireMD Announces the Enrollment of the 1st Patient in the MGuard iMOS Registry, the Registry Will Enroll 1000 Patients

TEL AVIV, Israel - InspireMD, developers of MGuard(TM), announced today that the first patient has been enrolled in the iMOS registry. MGuard(TM) was successfully implanted at the General University Hospital in Prague; the procedure was performed by Dr. Jan Horak.

D-Pharm Submits Investigational New Drug Application and Special Protocol Assessment to the FDA for Phase III Trial of DP-b99 in Acute Stroke Patients

REHOVOT, Israel - D-Pharm announced today that it has submitted IND and Special Protocol Assessment (SPA) packages to the US Food and Drug Administration (FDA), for its pivotal Phase III clinical trial of DP-b99 in acute ischemic stroke patients. D-Pharm plans to initiate the trial later this year following FDA review of the IND and SPA. Recently, D-Pharm also obtained Scientific Advice from the European Medicines Agency (EMEA) on the development strategy for DP-b99 in Europe.

RADWIN’s Wireless Broadband Systems Deployed by Oil & Gas Company in Russia

TEL AVIV, Israel - RADWIN’s Systems Connect Sites in Siberia; Operate in Extreme -45 Degree Temp and nLOS Conditions

SDCmaterials, Inc. Raises US$14M in Series B Funding

TEMPE, Arizona - Tempe, Arizona-based catalyst and additives producer SDCmaterials, Inc. announced the closing of a US $14M Series B funding round today. The round was led by Invus Financial Advisors of New York with participation from existing investors Emerald Technology Ventures, BASF Venture Capital, and private individuals.