AICC
AICC

American-Israel Chamber of Commerce, Southeast Region
400 Northridge Road, Suite 250, Atlanta, GA 30350
Tel: (404)843-9426 Fax: (404)843-1416 e-mail: aiccse@aiccse.org website: www.aiccse.org

  April 14, 2010
 From The Leadership
Tom Glaser, President

Charlie Harrison,
Chairman of the Board

 


While this month is dominated by the holiday season, our attention is getting focused on next month's Eagle Star Awards Gala, our annual community flagship event now in its 9th year.  While most of our events and committee meetings are very "industry-specific" in content, Eagle Star is a celebration that appeals to everyone.  This year will be no exception.

In the story below, you will read about the outstanding finalists for the Company awards, deserving honorees for the Community Partner and Founders awards, our noted Israeli keynote speaker Yossi Vardi, and a wonderful host in Georgia-Pacific, one of the Southeast's top corporations.

With the support of our generous sponsors, leadership of capable volunteers, and participation by our members including the top business and political leaders in our region, this will be an event you won't want to miss.  Please join us on May 12th for this exceptional event!

 Upcoming Calendar Events (click on event for details)
4/23/2010 7:45 AM Software Committee Meeting
4/30/2010 7:30 AM Medical Committee Meeting
5/5/2010 8:00 AM Cleantech Committee Meeting
5/12/2010 6:00 PM Eagle Star Awards Gala
5/19/2010 - 5/20/2010 Shavuot - Office Closed
5/31/2010 12:00 AM Memorial Day - Office Closed

 Sponsor Message


AICC offers an exclusive sponsorship for each e-Newsletter. For information on sponsoring future e-Newsletters, contact Shelley Samach, aiccse@aiccse.org.


 The Latest News

Developments & Transactions


Emory and Atlanta Business Leaders Visit Israel on AICC Life Science Mission

The American-Israel Chamber of Commerce, Southeast Region is in Israel this week with a delegation from Georgia on a Life Science Mission from April 10th to 15th, led by scientist and entrepreneur Raymond Schinazi, PhD, DSc, Professor of Pediatrics and Director of the Laboratory of Biochemical Pharmacology at Emory University and co-discoverer of a molecule that is now part of the leading AIDS drug treatment that was licensed by Emory to Gilead Sciences and Royalty Pharma for $540 million.  Also leading the group is medical device consultant and chair of AICC's Medical Committee Nancy Sousa who has held senior management positions with two of Israel's leading device companies, Given Imaging and Mazor Surgical Technologies.  The mission was organized by AICC President Tom Glaser with in-country coordination by Sherwin Pomerantz and Rebecca Raab of Atid EDI, regional representative of the Georgia Department of Economic Development.

The delegation includes Emory University officials and Atlanta life science industry leaders and investors who are exploring Israel's cutting edge medical technologies and how business and healthcare can be advanced through collaboration with then.  Israel is one of the leading countries in life science areas such as healthcare IT, medical devices, biotechnology, and pharmaceuticals.  Development of Life Science business relationships is one of the Chamber's priority industry sectors.  Faculty from Emory's School of Medicine and technology transfer team, as well as Georgia business leaders and economic development officials, will take part in the mission.

In addition to Schinazi, Sousa, and Glaser, the group includes:
  • David Block, President and CEO of the pharmaceutical company Gliknik Inc.
  • Ray Dingledine, Professor and Chair of Emory's Department of Pharmacology and Executive Associate Dean of Research at the Emory School of Medicine
  • Susan Hollinger, Associate Director and Chief IP Officer of Emory's Office of Technology Transfer
  • Terence Walts, President and CEO of 3Ti (Transfusion & Transplantation Technologies LLC)
  • Jack L. Arbiser, M.D., Ph.D, Professor, Department of Dermatology and Winship Cancer Institute at Emory School of Medicine, Founder of Natuderm LLC
  • Angelo Boujos, Managing Director of Seagel Investment Ltd.
  • Jennifer Moore, Executive Director of Southeast BIO
  • Todd Sherer, PhD, Director of the office of Technology Transfer; Associate Vice President for Research Administration at Emory
  • Dominique Appleby, General Partner, Condor MedFund. 
Participants are meeting with Israeli health and technology leaders through one-on-one meetings, seminars, and briefings.  The delegation is visiting Hadassah Medical Center, Hebrew University, Tel Aviv University, Weizmann Institute of Science, and Technion including meetings with the technology transfer arms of those institutions; meeting with the Director of Israel's Technology Incubators; session with Israeli VCs at Pitango; executive briefing at Teva focused on licensing opportunities; and seminars and one-on-one meetings with almost 40 Israeli medical device and bio pharma companies at IBM, in Haifa, Yokneam, and Caesaria.


Finalists Selected for Israeli Company of the Year and Deal of the Year

Winners to be Announced at May 12th Eagle Star Awards Gala


Excitement is building as finalists have been named for Israeli Company of the Year and Deal of the Year for the 9th annual Eagle Star Awards Gala, AICC's community flagship event that honors the people and companies who have contributed most to the Southeast-Israel business relationship.  The May 12th event will be hosted by Georgia-Pacific at its headquarters in downtown Atlanta .

Three companies,
Given Imaging, Jacada, and ooVoo, will compete for the Israeli Company of the Year award.  Three transactions, Odysii Technologies / Documentor, Pluristem Therapeutics / Center for Therapeutics Angiogenesis / Duke University Medical Center, and SeerGate / Integrated Banking Technology will compete for Deal of the Year.  An outstanding panel of judges has been assembled to analyze and select the winners: Stephen Fleming, Vice Provost for Economic Development at Georgia Tech; Robin Spratlin, Economic Development Manager for Georgia Power; and John Yates, Technology Partner for Morris Manning & Martin.

Israeli Company of the Year Finalists
  • Given Imaging: Yokneam-based company with its North American headquarters in Atlanta develops, manufactures and markets innovative diagnostic products for the visualization and detection of disorders of the gastrointestinal tract.  Pioneered capsule endoscopy, a proprietary approach to visual examination of the gastrointestinal tract through the use of a miniaturized video camera contained in an ingestible disposable capsule, the PillCam, that can be easily ingested by patients and moves naturally through the gastrointestinal tract without discomfort while wirelessly transmitting to a portable recorder.  Enables gastroenterologists to view high quality video, images and data on a computer workstation, utilizing the proprietary RAPID software.  As of December 31, 2009, has sold more than 1.1 million capsules in more than 72 countries worldwide, had an installed base of approximately 5,340 Given Systems, sponsored more than 100 clinical trials, and published over 1,100 articles in leading scientific and clinical journals.  
  • Jacada: Herzliya-based company with corporate headquarters in Atlanta provides unified desktop and process optimization and software solutions for the customer service and support market.  Projects are often deployed in less than six months, and their customers can realize a complete return on investment within 12 months.  Jacada's unified service desktop solutions simplify and automate customer service processes -- bridging disconnected systems into a single, intelligent workspace without requiring modification or replacement of existing systems.  Contact centers worldwide are using their unified desktop solutions to automate complex processes, improve customer satisfaction and loyalty, reduce operational costs, and enforce and monitor compliance with regulatory policies and procedures.  Jacada recently added Permanent General Insurance as a customer, and has released two new solutions, Jacada Advisor and Jacada Insight.
  • ooVoo: Ness Ziona-based company, with its business headquarters in New York and operations in Atlanta , provides a high-quality video-driven communication service to anyone with a computer, broadband connection, and a web camera.  Their technology enables people to experience an online face-to-face video conversation at high-resolution with up to six users, video conversation recording, telephone calls, desktop sharing, video messaging, instant message chat and file sharing, with key differentiators being product quality and a multi-point video solution.  To date, ooVoo has a registered base of more than 11 million users with an active user base of over 1 million, and is adding 600,000 new users every month.  Overall usage in 2009 resulted in 1.4 billion minutes of video chat, and ooVoo is on pace to exceed 5 billion video minutes and 120 million video calls in 2010 with revenue expected to continue growth by targeting key consumer and business-to-business markets.
Deal of the Year Finalists
  • Odysii Technologies / Documentor: Odysii, a Herzliya Pituach-based developer of software solutions for targeted suggestive selling teamed up with Documentor, a Fayetteville, Georgia-based provider of Point-of-Sale systems with a renowned user friendly approach exclusively for the Quick Service Industry.  Adding Odysii's capabilities supports Documentor's ongoing effort to meet the needs of its loyal customer base.  The ability to increase the average ticket while the customer is placing his order is extremely valuable to any franchise and HQ.  Odysii's solution transforms the POS from a passive utility into a proactive marketing tool that drives sales.  This additional value was the driving force for Documentor's decision to engage in a strategic partnership with Odysii to provide their solutions for Arby's, KFC, and other major franchises.
  • Pluristem Therapeutics / Center for Therapeutics Angiogenesis / Duke University Medical Center:  Pluristem Therapeutics, a Haifa-based publicly traded bio-therapeutics company dedicated to the commercialization of unrelated donor-patient placenta derived cell therapy products for a variety of disorders, is conducting a Phase I clinical trial for Critical Limb Ischemia (CLI) at Duke University Medical Center in Durham, North Carolina and at the Center for Therapeutics Angiogenesis (CTA) in Birmingham, Alabama.  Pluristem chose these institutions because of their excellent reputations as referral centers for patients afflicted with peripheral vascular disease, their experience in conducting FDA-approved clinical trials using cellular therapeutics, and for the important relationships that existed and continue to develop at these institutions.
  • SeerGate / Integrated Banking Technology: SeerGate Ltd., a Ra'anana-based technology company with a fully owned US subsidiary in Atlanta, Georgia, signed a strategic agreement with Cedar Park, Texas-based Integrated Banking Technology (IBT) to deploy SeerGate's Secured LockTM system, a secure interbank payment and invoicing solution, for IBT's growing portfolio of clients.  The deal provides SeerGate with an immediate reach to over 200 banks in the US and initial penetration to the P2P and Small Business multi-trillion dollar payment markets where transactions are mostly paper checks and cash based.  It will enable IBT's financial institutions to expand and re-leverage their brands and customer relationships directly into the e-payment space while recapturing revenue streams and customer loyalty lost to alternative payment methods.

The Chamber will also recognize past AICC Board Chairman Laurie Olivier (Veritas Venture Partners) with the Chamber Founders Award and the Consulate General of Israel to the Southeast with the Community Partner Award.  Georgia-Pacific Vice President Sheila Weidman will be the host speaker for the event.  Legendary Israeli entrepreneur and investor Dr. Yossi Vardi will be the Israeli keynote speaker, and Crown Diamond Vice President Daryl Pinsky will be the Emcee.  The event website, www.eaglestargala.com, features all the event details including online ticket purchasing.

In addition to Georgia-Pacific as Host, sponsors to date include The Coca-Cola Company, Delta Air Lines, and DeutscheBank Alex.Brown (Gold Sponsors); Atlana Jewish Times (Media Sponsor); BDO, Sutherland, Precision Components International, Grant Thornton, Smith Gambrell & Russell, Given Imaging, Government of Israel Economic Mission to the Southern Region, and Locke Lord Bissell & Liddell (Bronze Sponsors); Veritas Venture Partners, Ballard Spahr, The Miller Richmond Company, Verint Witness Actionable Solutions, Jones Day, SRI Travel, Baran Americas, Jacada, T.I.B.A. Parking, Dale M. Schwartz & Associates, Georgia Power, Mark Black Promotions, Crown Diamond, Habif Arogeti & Wynne, Consulate General of Israel, Carr, Riggs & Ingram, and TechCFO (Patron Sponsors).



HCL CleanTech Establishes Administrative and Pilot Plant Facilities in North Carolina

Herzliya-based HCL CleanTech has chosen North Carolina as the site for it administrative headquarters and first pilot plant.  The Biofuels Center of North Carolina has assisted the company, and will provide office space in Oxford in its Biofuels Accelerator on North Carolina's Biofuels Campus.  The pilot plant will be located at Southern Research Institute's Advanced Energy and Transportation Technologies Center in Durham.

HCL CleanTech is a leading developer of full process technology for conversion of woody biomass to fermentable sugars and advanced biofuels.  The company's technology utilizes hydrochloric acid to break down lignocellulose which releases starches for enzymatic fermentation into fuel alcohol.  In the process, HCL CleanTech recovers the hydrochloric acid which allows maximum efficiency of enzymes while re-using the acid.  Increasing the efficiency and effectiveness of such conversion will be key to gaining more sustainable biofuels in North Carolina and nationally.  North Carolina, with 17.6 million acres of forest land, is particularly well-suited to both benefit from and assist a company working for fuels based on woody biomass.

According to Eran Baniel, HCL Cleantech's CEO, the strengths and partnership of two interactive and leading North Carolina biofuels entities was compelling to the company and a factor in its decision.  "HCL CleanTech will invest millions of dollars to move the company to North Carolina and build the pilot plant.  Looking forward to the commercialization of our process, we hope that with state and county assistance, and a successful pilot, we might provide the pulp and paper industry in the state with a new opportunity," he said.

"HCL can draw on all that is best about North Carolina's biofuels community.  We're strong in the facilities, partnerships, state commitment, and forest resources needed for its success.  North Carolina gains from HCL a smart partner, a model and innovative new company, and a technology perfectly matched to our biomass resources," said W. Steven Burke, president and CEO of the Biofuels Center of North Carolina.  The Biofuels Center is a private non-profit corporation funded by the North Carolina General Assembly to develop large capacity for biofuels statewide in coming years.  The Center implements sustained state policy, assists companies and all parties within the biofuels community, and works to meet North Carolina's goal: by 2017, 10% of the state's liquid transportation fuels will come from biofuels grown and produced within the state.

Israeli Companies Contacting Us


Skin Protection - Zemach-based developer of a sunscreen that provides the world's only dual protection against sunburn and jellyfish sting according to latest EU/FDA regulations as well as water resistance.  Available in a wide range of SPFs as bulk or as finished products, was found to be highly effective by leading clinical centers in the US.  Seeking introduction to cosmetic health care / distribution companies.

Inventory Management - Netanya-based vendor, provides organizations a cost-effective approach for complete or partial stock counting solution using unique Israeli technology, proven disciplines and professional services.  Seeking introduction to small to mid-size Retailers, Distributors, Wholesalers, Liquidators, Health Care, Transportation, and Manufacturers.

Digital Voice Security - Haifa-based provider of leading edge Unified Communications (UC) Fraud Prevention and Security products and solutions.  Their easy to use appliances enable managers of enterprise UC systems and services to prevent financial losses due to PBX fraud and internal abuse, protect UC systems from hacking, eavesdropping and service disruption and assure compliance.  Seeking introduction to telephony integrators.

Clinical Decision Support - Beer Sheva-based developer of software that combines clinical decision support technology, knowledge engineering technology and clinical  medical knowledge that enables Care Delivery Organizations (CDO) to ensure compliance with clinical guidelines for managing chronic-care patients while lowering their costs.  Seeking introduction to Care Providers, Health Maintenance Organizations (HMO), Telemedicine companies, Guideline Organizations, and Clinical Research Organizations (CRO).

Economic News From Israel

Economic News from Israel

  • Yokneam-based Given Imaging with its North American headquarters in Atlanta has acqired Los Angeles-based Sierra Scientific Instruments, a developer of gastrointestinal devices, for $35 million from Water Street Healthcare Partners.
  • Or Akiva-based Medical Compression Systems (MCS) has successfully concluded the adoption in four more medical centers of its non-invasive device for the prevention of blood clots during orthopedic surgery for deep vein thrombosis.  The centers are in Minnesota, Oregon, Ohio, and Missouri.  AICC Board Chairman Charlie Harrison is Global Chief Operations Officer of MCS. 
  • Yokneam-based Naiot Venture Accelerator, one of the last government incubators to be privatized, boasts an 80% success for its graduate companies that include Enzymotec, CorAssist, Endocross, EZ Surgical, MGVS, and Rimon Medical that was sold to Boston Scientific for $135 million.  Naiot is owned by the Ofer Hi-Tech Group.
  • The passage of the Healthcare Reform Bill is predicted to benefit some Israeli companies according to a report of IBI Investment House.  Those expected to be positively affected by the expanded insurance coverage of the legislation include Teva, Perrigo, Given Imaging, and Mazor Surgical Technologies.
  • AICC Real Estate Subcommittee chairman Robert Kadoori of the Atlanta office of First Fidelity Companies was a featured speaker at the Globes Real Estate conference in Tel Aviv on March 21st.  The conference attracted over 1,500 participants from the Israeli real estate sector.
  • Recruitment by Israeli software, Internet and communications companies is up 40% since the beginning of the year, according to job placement site JobInfo.  The number of new job seekers is also down 30% in the first quarter of 2010 compared to the corresponding quarter last year.
  • Mergers and acquisitions involving Israeli high-tech and pharmaceutical companies fell 7% to $2.54 billion in 2009 from $2.74 billion in 2008 and were 33% less than the $3.79 billion in 2007, according to the IVC Research Center.  The 10 biggest M&A deals totaled $2.02 billion, 80% of all deals last year.
  • Israel's real estate boom in the past two years has resulted in a 56% increase in the value of new mortgages, according to the Bank of Israel.  At the same time, the average apartment price has risen 30%.
  • Net polished diamond exports rose 56% to $1.45 billion in the first quarter of 2010 from $936 million in the corresponding quarter of 2009 according to the Ministry of Industry, Trade & Labor's diamond controller.  Net rough diamond exports jumped 164% to $832 million in the first quarter from $315 million in the corresponding quarter.
 Events


133 Peachtree Street N.E.
Atlanta, GA 30303

Israeli  Keynote  Speaker
Emcee
Host  Speaker
Chamber Founders Award
Community Partner Award
Dr. Yossi Vardi
Daryl Pinsky
Comedian
Sheila M. Weidman
Laurie Olivier
 
Principal
International Technology Ventures

Vice President
Crown Diamond

SVP, Communications, Government, Public Affairs
Georgia-Pacific

Partner
Veritas Venture Partners

 


Dietary Laws Observed

Click Here to Register

 


 

 

Sponsors To Date

Host Sponsor

Media Sponsor

   

Gold Sponsors
       

Bronze Sponsors

            
        

  

Patron Sponsors

The Miller Richmond Company -- Veritas Venture Partners -- Ballard Spahr , LLP 

Mark Black Promotions --
Consulate General of Israel to the Southeast

T.I.B.A. Parking -- Jacada -- Dale M. Schwartz & Associates --
Baran Americas 

TechCFO -- Habif Arogeti & Wynne -- Carr, Riggs & Ingram, LLC -- Georgia Power

Jones Day -- Verint Witness Actionable Solutions -- SRI Travel -- Crown Diamond

Sponsorship Opportunities Available


 Membership

AICC Welcomes New Members!

James M. Abroms
1817 Oxmoor Road
Homewood, AL 35209
Tel: (205) 531-3856
e-mail: jamesabroms@gmail.com

   Samuel Aloni
1997F N Williamsburg Dr
Decatur, GA 30033
Tel: (404) 849-2794
e-mail: samuel.aloni@gmail.com

   Joseph Barlev
Dachser USA
2839 Paces Ferry Road
Suite 300
Atlanta, GA 30339
Tel: (678) 302-9111 ext. 38
e-mail: joseph.barlev@dachser.us
website: www.dachser.us

  
Jeremy Ben-David
JMB, Factor & Co.
P.O. Box 45087
Har Hotzvim
Jerusalem, 91450
Tel: (972) 2 571-4777
Fax: (972) 2 571-4455
e-mail: jmb@israel-patents.co.il
website: www.israel-patents.co.il

   Steve Linowes
5490 New Wellington Close
Atlanta, GA 30327
Tel: (770) 330-5074
e-mail: Steveli@O8partners.com

   Murray Pelta
1755 Redbourne Drive
Atlanta, GA 30350
Tel: (770) 804-8104
e-mail: murray.pelta@gmail.com

  
Douglas Schumer
MedDev Consults
Unit 300
45 City Avenue
Bala Cynwyd, PA 19004
Tel: (215) 906-8586
e-mail: doug.schumer@gmail.com
website: www.MedDevConsults.com

   Ryan Weiss
800 Shades Creek Parkway
Suite 125
Birmingham, AL 35209
Tel: (205) 789-5003
e-mail: rweiss@sterneagee.com


AICC Thanks Members for Renewing!

Karl Altmann - Office Furniture Expo

    Benjamin I. Fink - Berman Fink Van Horn P.C.

    Sheldon E. Friedman - Friedman, Dever & Merlin, LLC

   
Steve Horn - Williams Benator & Libby, LLP

    Firooz Israel

    Mitchell Kopelman - Habif, Arogeti & Wynne, LLP

   
Byron Kopman

    Phil Rubin - rDialogue

    Gadi Shapira - Guest Associates, Inc.

   
Bobby L. Spann - Delta Air Lines, Inc.

    Grant Zipursky - M.D. Innovative Strategies LTD



 Other
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