Aryt Industries Ltd. Increases Its Share In Sensotech Ltd.Business Editors 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 , Israel--(BUSINESS WIRE)--Feb. 15, 2001 Aryt Industries Ltd. ("Aryt") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ARYTF) today announced that it has exercised its warrants to acquire 2129 Preferred B Shares in Sensotech Ltd ("Sensotech"), thereby increasing Arty's holdings from 41.5% to 53% of Sensotech's outstanding share capital. Sensotech, an Israeli company, which is engaged in the design, development and manufacture of patented ultrasound ultrasound or sonography, in medicine, technique that uses sound waves to study and treat hard-to-reach body areas. In scanning with ultrasound, high-frequency sound waves are transmitted to the area of interest and the returning echoes recorded sensors
About Aryt Industries Ltd. Aryt Industries, Ltd. is a managing holding company which is engaged through its subsidiaries and affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. under its divisions in the following activities: Medical Division: Includes Sigmed Ltd. (20%) and ElscinTec Systems Ltd. (50%). Defense Division: Includes Reshef Technologies Ltd. (100%), Amcoram Ltd. (100%), C.T.S. Combat Training Simulation Ltd. (51% through Amcoram Ltd.) and Aryt System Ltd. (63%) - a public company, whose shares are traded in the Tel-Aviv Stock Exchange. Technological Division: Includes Sensotech Ltd. (53%), OfficeCore.com Ltd. (45%) and Voice Diary diary [Lat.,=day], a daily record of events and observations. As distinguished from memoir (an account of events placed in perspective by the author long after they have occurred), the diary derives its impact from its immediacy, requiring each generation of readers Ltd. (66%). Aryt is in the process of promoting identifying and examining various investments in order to broaden its divisions and its subsidiaries' range of products. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion