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9 Israeli Companies Reach the Final of the IVA/Red Herring Start-Up Competition.


The Finalists: Drive Diagnostics, Safend, Red Bend, Unipier, Power ID, Altair, MGVS, Gamida Cell and GIView Will Be Presented at the IVA Conference on June 10-11 in Tel Aviv Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest  

TEL AVIV, Israel -- The Israel Venture Association (IVA) and Red Herring Red Herring

A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company.

Notes:
, America's leading technology magazine, have selected the 9 most promising Israeli start-ups for the final of the start-up competition. The magazine, which influences the world venture capital industry, is sponsoring the prestigious contest at the annual IVA Hi-Tech conference for the second year running.

The finalists, from the fields of Communications, Hardware, Software, Internet, Medical Equipment and Biotechnology, will be presented at the annual IVA conference on June 10-11 in Tel Aviv. The most promising start-ups were chosen for their vision, technological achievements and market leadership, and they will earn international exposure through Red Herring and the Israeli media The following is a list of Israeli media. Print media

See also: List of Israeli newspapers


English-language periodicals
  • Azure http://www.azure.co.
, while also obtaining access to IDC studies.

"Since the bubble exploded at the end of 2000, a company's financial worth is determined by a wider range of factors than just an idea and how it's presented," says Orna Berry, Chairman of IVA and a venture partner at Gemini Venture Capital Fund. "Start-up companies start-up company

A new business.
 who have created value, have done so with a combination of unique technology, professional people, their operational and managerial capabilities and a formulating market. All the companies in the final had a relative advantage in these areas."

The finalists:

Category: Communications and Semiconductors
[TABLE OMITTED]


Category: Software and Internet

* Red Bend - The market leader in the field of software management and software and firmware A category of memory chips that hold their content without electrical power. Firmware includes flash, ROM, PROM, EPROM and EEPROM technologies. When holding program instructions, firmware can be thought of as "hard software." See flash memory, ROM, PROM, EPROM, EEPROM and FOTA.  updates for mobile phones and other mobile devices. Red Bend technology helps cellular phone manufacturers and operators accelerate the absorption of new services, react quickly to faults and cut support costs through Firmware Over The Air Updating (FOTA (Firmware Over The Air) The process of updating the firmware in cellphones and other wireless handheld devices by an over-the-air code transfer. Bitfone Corporation (www.bitfone.com) pioneered the technology and was acquired by HP in 2007. .)

* Safend - Safend products offer organizations the ability to control and enforce data security policies. They prevent the flow of sensitive information from organizations, ensuring compatibility with regulatory standards and preventing targeted attacks through the physical and wireless communication channels of an organization's computers or its intelligent mobile devices.

* Drive Diagnostics - Develops and markets products encouraging safe driving, while reducing vehicle operational costs. The company develops solutions for the private market, vehicle fleets and insurance companies.

Category: Medical Equipment and Biotechnology

* GIView - Develops innovative and user-friendly medical equipment for patients, with the aim of early diagnosis and treatment of colon diseases. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , the Aer-O-Scope, is designed for the early diagnosis and prevention of colon cancer colon cancer, cancer of any part of the colon (often called the large intestine). Colon cancer is the second most common cancer diagnosed in the United States. , the second most fatal form of cancer in most countries. The machine contains two technological breakthroughs in the field of microscopic microscopic /mi·cro·scop·ic/ (mi?kro-skop´ik)
1. of extremely small size; visible only by the aid of the microscope.

2. pertaining or relating to a microscope or to microscopy.
 motion and viewing. The company has begun developing a second generation of the product to include treatment capabilities.

* Gamida Cell - Develops innovative treatment methods in stem cells stem cells, unspecialized human or animal cells that can produce mature specialized body cells and at the same time replicate themselves. Embryonic stem cells are derived from a blastocyst (the blastula typical of placental mammals; see embryo), which is very young  field, for patients suffering from blood cancer, heart diseases and hematology-related diseases.

* MGVS (Multi Gene Vascular Systems) - Developed a new technology for treating blood cell diseases, combining cellular and genetic treatment. The technology is based on using the patient's own blood cells blood cells,
n.pl the formed elements of the blood, including red cells (erythrocytes), white cells (leukocytes), and platelets (thrombocytes).


blood cells

See erythrocyte and leukocyte. Platelets are classed separately.
 (endothelium endothelium /en·do·the·li·um/ (-the´le-um) pl. endothe´lia   the layer of epithelial cells that lines the cavities of the heart, the serous cavities, and the lumina of the blood and lymph vessels. ) and inserting a number of genes using a genetic engineering process. The company's first two products are designed for patients suffering from diseases in their cardiac and leg vascular systems.

About Red Herring

Red Herring, Inc. is a global media company which unites the world's best high technology innovators innovators

people who will try new things.


early innovators
important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems.
, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

About Israeli Venture Association (IVA)

The Israeli Venture Association (IVA) was founded in 1996 in response to the extensive development of the hi-tech and venture capital activities in Israel. It is a broad based organization representing the diverse aspects of the venture capital industry in Israel. The many initiatives of IVA include supporting and enhancing the growth of Israeli high-technology industries and providing a dynamic platform for members to present subjects of common interest. More information about IVA is available on the Internet at www.iva.co.il/.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 5, 2007
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