Ampal Announces Additional Investment in Camelot.Business Editors NEW YORK--(BUSINESS WIRE)--October 3, 2000 Ampal-American Israel Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AMPL (language) AMPL - Along with mpl, the intrinsic parallel languages for MasPar's computers. AMPL and mpl are parallel variants of C. Ampl is actually now a gcc port. ["AMPL: Design, Implementation and Evaluation of a Multiprocessing Language", R. Dannenberg, CMU 1981]. ) announced today that as part of its ongoing strategy to focus on the high-technology sector, it has made an additional investment of $3.3 million in Camelot "In Camelot" is the fifty-ninth episode of the HBO original series The Sopranos and the seventh of the show's fifth season. It was written by Terence Winter, directed by Steve Buscemi and originally aired on April 19 2004. Information Technologies Ltd. Concurrently, OphirTech Ltd., Ampal's 42.5%-owned affiliate, invested an additional $2 million in Camelot. Ampal now holds, directly and through OphirTech, an approximate 19% equity interest in Camelot. This investment was made as part of a second round of financing totaling $21 million. Other significant investors include SoftBank, Star Ventures Capital, Seed Capital Partners and Koor Corporate Venture Capital. Camelot is an Israeli company developing innovative software solutions to secure organizational communications Organizational communication, broadly speaking, is: people working together to achieve individual or collective goals. [1] Discipline History The modern field traces its lineage through business information, business communication, and early mass communication networks. The company's first security product is expected to launch in the first half of 2001. Additional information about the company can be found at www.Camelot-it.com. Ampal and its subsidiaries primarily acquire interests in businesses located in the State of Israel or that are Israel-related. Ampal's primary investment focus is the growing high-technology and communications sector. Ampal has diversified diversified (di·verˑ·s interests in the following sectors: high-technology and communications, real estate, capital markets, leisure-time, energy distribution and industry. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Further information regarding risks and uncertainties are detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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