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Eli Akavia serves as a director since December 2003. Mr. Akavia is an independent consultant. Until recently, Mr. Akavia worked for Luoboshitz Kasierer, an Israeli auditing firm (formerly a member firm of Arthur Andersen and currently merged with Ernst & Young, Israel) for 30 years, first as an employee and later as a senior partner. Mr. Akavia’s roles at Luboshitz Kasierer included: Head of Audit Department, Head of Hi Tech Division and Partner in charge of the Firm Professional Standards Group. He specialized in hi-tech companies and accumulated invaluable experience in US GAAP and SEC Rules. Mr. Akavia has participated in a large number of companies’ initial public offerings in the United States.
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