Aryt Industries Ltd. - Litigation.Business Editors TEL-AVIV, Israel--(BUSINESS WIRE)--July 25, 2000 Aryt Industries Ltd. (ARYTF - OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB) announced today that on July July: see month. 12th, 2000, Tel Aviv District The Tel Aviv District is one of six administrative districts of Israel with a population of 1,204,000 residents. It is 99.0% Jewish and 1.0% Arab (0.7% Muslim, 0.3% Christian). The district capital is Tel Aviv. Court (the "Court") decided that a claim (Tel-Aviv Civil Case 2816/99) which had been filed against Aryt and others as a class action, was dismissed as such. This decision, however, does not prevent the plaintiffs from applying in the future to the Court for approval of their claim as a class action suit. About Aryt Industries Ltd. Aryt Industries, Ltd. is an Israeli holding company. Since January January: see month. 2000, the Company has been actively seeking investment opportunities in emerging technology companies. The Company intends to be actively involved in leveraging it business, product development and marketing experience to assist such companies achieving their growth potential and accelerating their growth in value. As of June June: see month. 30, 2000 the Company has invested in three start up technology venture; Voice Diary Ltd., Sensotech Ltd. and OfficeCore.com Ltd. [pilcrow (paragraph sign)] In addition, through its subsidiaries, Reshef Technologies Ltd. ("Reshef") and Amcoram Ltd. ("Amcoram"), the Company engaged in developing, manufacturing and marketing sophisticated electronics products for the military market. |
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