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Mr. Birger was appointed as a director by our shareholder RDC Rafael Development Corporation and served as our Chairman from August 2002 through June 2007. Mr. Birger has served as the President of Elron Electronic Industries since October 2001 Corporate Secretary since 1995 and as Vice President- Finance since 1994 and is a director of RDC Rafael Development Corporation and Elbit Ltd. From 1991 to 1994 Mr. Birger was Vice President- Finance at North Hills Electronics Ltd. an advanced electronics company . From 1990 to 1991 Mr. Birger served as Chief Financial Officer of Middle- East Pipes Ltd. a manufacturer in the metal industry. From 1988 to 1990 Mr. Birger served as Chief Financial Officer of Maquette Ltd. a manufacturer and exporter of fashion items. From 1981 to 1988 Mr. Birger was Chief Financial Officer and director at Bateman Engineering Ltd. and I. D. C. Industrial Development Company Ltd. Mr. Birger holds a B. A. and an M. A. in economics from the Hebrew University Jerusalem. | 