(TECH) IDO Security Conducts MagShoe(TM) 3G Trial In Major European Airport

"IDO Security, Inc. (IDOI 0.00, +0.00, +30.77%) , developer of the innovative MagShoe(TM) shoe scanning device (SSD), today announced that the Company has been conducting a pilot of the MagShoe(TM) 3G at a major International Airport in Western Europe. For the past two months MagShoe 3G units have been installed and used on a regular basis in a number of International and European boarding gates.

'This is a major accomplishment in our overall strategy to penetrate the burgeoning European market,' stated Mr. Dani Werber, International Sales & Marketing Manager for IDO Security. 'So far the reaction of airport officials and the general public has been extremely positive.'

Mr. Werber further stated, 'The trial is scheduled to run until the end of the year. Although, as requested by the Airport Authority, at this time the exact location cannot be disclosed, once this trial is completed and the MagShoe(TM) is approved for use, we expect a major order for our shoe scanning device (SSD).'

About IDO Security Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented Magshoe(TM) shoe scanning device (SSD). Magshoe(TM) fills a critical void in today's metal detectors by extending screening to the lower body and feet. Magshoe(TM)'s 'shoes-on' design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, Magshoe(TM) is currently in use at international airports, cruise lines, government agencies, private homes and more.

For more information, please visit www.idosecurityinc.com." (source)

(BIZ) Office Depot In Talks To Sell Israel Unit To Chain

"Office Depot Inc., (ODP 5.10, +0.08, +1.59%) the Boca Raton, Fla., office-supplies retailer, is in talks to sell its Israel subsidiary to New Hamashbir Lazarchan Ltd. for $47 million, less the amount of the unit's debt when the deal closes. Office Depot operates 46 stores in Israel. As part of the deal, Office Depot said in a late-Tuesday statement, it would license certain trade names and intellectual-property rights to New Hamashbir. The Israeli chain was founded in 1947 and now operates 37 department stores with 3,500 employees. New Hamashbir shares were recently up 3.5% on the Tel Aviv Stock Exchange." (source)

(BIZ) Israel Stocks Up; Teva, ICL, Telecoms Lead Gainers

"Israeli stocks rose on Sunday, as trading resumed after the two-day New Year market holiday, led by strength in Teva Pharmaceutical and Israel Chemicals and held back by some weakness in the tech sector.

The Tel Aviv Stock Exchange's benchmark TA-25 Index rose 0.5% to 1176.93 while the TA-100 Index climbed 0.53% to 1091.39.

The Tel-Tech 15 Index of top technology stocks fell 0.3% to 225.78.

The most-active issue was Ratio Oil, trading down 2.6%. Notably higher among energy stocks: Jerusalem Oil Exploration jumped 7%. Both are TA-100 members.



Teva (TEVA 54.15, -0.08, -0.14%) shares 4.4%. Chief Financial Officer Eyal Desheh is scheduled on Tuesday to give a presentation at a Morgan Stanley health-care conference.

Peer blue-chip drugmaker Perrigo (PRGO 58.90, +0.01, +0.02%) rose 0.6%.

Israel Chemicals, the producer of fertilizer and chemicals derived from the Dead Sea, climbed 1.9%. Agrichemicals specialist Makhteshim-Agan (MAIXY 6.81, +0.01, +0.15%) fell 0.9%.

Two of the big telecoms firms advanced - Cellcom (CEL 28.43, +0.12, +0.42%) by 2.7% and Partner (PTNR 17.42, -0.02, -0.11%) by 2.8%. Bezeq dropped 0.7%.

Active and lower in tech were Nice Systems, (NICE 28.70, +0.02, +0.07%) the provider of digital recording and archiving solutions, down 1.6%; and Mellanox, (MLNX 16.37, -0.27, -1.62%) the provider of connectivity solutions for data-center servers and storage systems, off 4%.

Retalix, (RTLX 12.88, +0.28, +2.22%) the developer of management systems for supermarkets and distributors, 2.4%.

In real estate, Ashtrom Properties lost 3% and insurer Harel gave up 1.5%. The Israeli business daily Globes reported on Sunday that a joint venture held 51% by Ashtrom and 49% by Harel agreed to buy a Deutsche Telekom AG office building in Hanover, Germany, for $33.4 million. The venture will lease the property back to the German telecoms firm." (source)

(BIZ) My Social Income, Inc. Finds 'Calling' In Holy Land For Int'l Expansion

"My Social Income, Inc. (Pink Sheets:MSOA) (www.mysocialincome.com), proudly announces today that the company's strategic partner, Advanced Services, of Netanya, Israel has received an Operation Certificate from the Ministry of Communication that gives the company the right to market and sell My Social Income Products and Services to individuals, business users, home lines as well as VoIP trunk lines to any PBX.

MSOA CEO, John A. Roberts, comments, 'This is a major stepping stone for My Social Income, as it is a move that opens a wide array of new markets for the company including business, government and residential services as an alternative to local landline providers. This move sets us up very nicely to compete directly in the International Calling market with companies like Skype, who in the first half of 2010 has had overall revenue of $406.2 million. It's these initial steps for MSOA that will set us well above our level competition for securing both short-term and long-term revenues and growth with additional avenues and applications for technology, products and services.'



Yoav Levy, Advance's principle, has several years of experience in telecommunications in the Middle East. 'His expertise and connections have been indispensable and we are very pleased to have formed this mutually beneficial relationship which serves as a major coup for My Social Income, Inc. and its partners,' adds Roberts.

My Social Income, Inc. is taking its progress in Israel and duplicating the model in other territories globally with a focus in the Asian markets, 'which are particularly lucrative in this arena,' states Roberts. 'We have officially launched these efforts in Singapore and will work diligently to replicate this recent success we've experienced in Israel.'

My Social Income, Inc. is a global provider of VoIP services to Wireless and Wireline Broadband customers delivering best-in-class services and pricing. The fully vertically integrated company manages all aspects of its service from user devices to carrier handoff, targeting retail customers and large affiliate organizations with a highly market-adaptive range of products.

Persons interested in acquiring the MSI products and/or services can go to www.mysocialincome.com to learn more about this and the company's other new products and to sign up for the service.

Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbor protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements." (source)

(BIZ) Israel Stocks Up; Discount And Partner In Focus After Reports

"Israel stocks rose sharply on Wednesday, in line with world markets, as the gas-exploration partners continued a run of gains and the major banks rose.

A number of analysts weighed in on Discount Bank's earnings report from Tuesday, including a downgrade at Deutsche Bank. Withal, the bank's shares rose.

The Tel Aviv Stock Exchange's benchmark TA-25 Index rose 1.69% at the close to 1154.13, its high for the day. Just one of the TA-25 members, Cellcom, declined."

(TECH) mPhase Signs Representative Agreement In Israel

"mPhase Technologies Inc., a leader in the development of Smart Surfaces and Advanced Battery Technologies announced today that it has signed a representative agreement with Tritech Ltd. of Hod HaSharon, Israel. Tritech Ltd. http://www.tritech.co.il is a leading stocking representative and distributor of major manufacturers of electronic components serving the Military, Communication, Medical, Industrial Control and Security Industries.

Tritech has agreed to promote and distribute mPhase Technologies products exclusively in Israel.

mPhase, a leader in developing smart surfaces, has developed a new battery technology enabled through breakthroughs in Nanotechnology, MEMS (MicroElectroMechanical Systems) and Microfludics. mPhase is about to deliver the first ever Smart Programmable NanoBattery to the US Army. The Smart NanoBattery is being developed as part of the U.S. Army STTR Program to develop unique new battery technology for military purposes. mPhase, through its wholly owned retail subsidiary mPower, has also developed its award winning emergency illuminator featuring "Power On Command" battery technology."

(BIZ) Brownstone Joint Venture Partner Acquires New Off-Shore Israel Interest

"Brownstone Ventures Inc. is pleased to announce that Adira Energy Ltd., Brownstone's joint venture partner in offshore Israel, has announced that it has signed a definitive co-operation agreement with Geo Global Resources Inc., and its wholly owned subsidiary, Geo Global Resources (India) Inc. (collectively 'GGR') confirming the terms whereby GGR have agreed to assign an option it has to acquire up to a 5% participating interest in each of two deepwater licenses offshore Israel known as Petroleum Licenses 347 'Myra' and 348 'Sara', to Adira (the 'M&S Options').

Pursuant to an agreement between Brownstone and Adira, Brownstone has the right, subject to certain conditions, to earn a 15% participating interest in Adira Energy's interest in all offshore licenses. See press release dated September 14, 2009."

(TECH) Surf Communication Solutions Licenses Texas Instruments' High Quality Video Codecs

"Solution yields high performance, better video resolution and optimization on a single DSP.

SURF Communication Solutions (www.surf-com.com), a leading developer of high capacity, real-time multimedia processing solutions for the telecommunications industry, today announced they will license the Texas Instruments' (TI) video codecs for use in their video communication solutions.

SURF will license the H263, H264 and MPEG4 video codecs from Texas Instruments. The TI video codecs offer flexible rate control to support multiple video communication applications including video calling and video conferencing, IVVR-contact centre and other IVVR applications, mobile VOD and video ringback tones to name a few. The premium codecs work with a wide variety of devices including iPhone/iPod/iPad, smartphones, laptops and PCs, video phones and more.

Avi Fisher, SURF CTO explained, 'SURF's customers will be able to take advantage of high performance and better video optimization from a single DSP. They will be able to develop higher quality applications yet consume less DSP resources as the ability to support more user requests per board results in a less costly solution.'

According to Texas Instruments, the programmable codec parameters can be optimized for speed or subjective video quality depending on the needs of the end product and to support numerous complex tools. 'This collaboration will enable OEMs to take advantage of high quality integrated Surf solutions for voice and video while substantially reducing their time to market,' said Rajesh Pal, strategic marketing manager, video infrastructure, Texas Instruments." (source)