American-Israel Chamber of Commerce

Southeast Region




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 15, 2008
 From The Leadership
Tom Glaser, President

Laurie Olivier,
Chairman of the Board

 


Our strategic plan recognizes the importance of industry-specific business exchanges to our mission “to increase economic development by fostering understanding, cooperation, and business relationships between Israel and the Southeastern United States.”  These matchmaker events bring prescreened Israeli companies to Atlanta and other cities in our region to explore business relationships with major players from throughout North America.  Every one of our committees is actively developing a business exchange, and two upcoming ones are worthy of highlighting.

On the heals of last summer’s highly successful US-Israel New Media Business Exchange, AICC’s Telecommunications Committee is working closely with Amdocs on the Innovation Exchange for AT&T that will be held on April 28-29 and bring a dozen of the most creative Israeli companies to Atlanta in the areas of media convergence, mobile applications, Web 2.0, and customer experience.  And our Medical Committee is finalizing plans for the June 16-17 US-Israel TeleHealth Business Exchange to be hosted by Blue Cross Blue Shield of Georgia and expected to attract up to 20 Israeli companies that have developed unique technologies for remote patient monitoring, diagnosis, and disease management.

This economic development model is the gold standard for building business between American and Israeli companies.  We congratulate our volunteer members and organizational partners for their hard work, vision, and leadership on these projects that mean so much to our organization, the participating companies, State of Israel, and Southeast.

 Upcoming Calendar Events (click on event for details)

4/14/2008 8:00 AM Telecommunications Committee
4/14/2008 12:00 PM Eagle Star Committee
4/15/2008 12:00 PM Luncheon Briefing
4/17/2008 8:00 AM Professional Seminar Subcommittee
4/21/2008 12:00 AM Passover – Office Closed
4/22/2008 4:00 PM Telehealth Subcommittee
4/24/2008 8:00 AM Medical Committee
5/1/2008 8:00 AM Cleantech Committee
5/7/2008 8:00 AM Software Committee
5/8/2008 12:00 PM Investment Task Force
5/14/2008 6:00 PM Eagle Star Gala

 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



Retalix Transportation Solution Deployed at Food Lion
Food Lion has deployed the Retalix Yard Management solution at its 1.8 million sq. ft. headquarters distribution center in Salisbury, North Carolina that serves more than 300 stores within the company’s geographic footprint.  Food Lion will continue to roll out the Retalix solution at its seven other distribution centers, and this expansive network serves approximately 1,300 stores in 11 Southeastern and Mid-Atlantic states.

Ra’anana-based Retalix is a global provider of software solutions for retailers and distributors with over 40,000 sites installed across more than 50 countries Retalix solutions serve the needs of grocery chains, convenience and fuel retailers, food and consumer goods distributors and independent grocers.  The company offers a portfolio of software applications that automate and synchronize essential retail and supply chain operations, encompassing stores, headquarters and warehouses.

The Yard Management system is designed to automate the yard and dock management process through advanced predictive logic and leading-edge optimization algorithms.  Using powerful software engines and rich visibility tools, Retalix Yard Management eliminates operational silos and synchronizes yard and dock activity with distribution center demand in real time.  As part of this and subsequent implementations, Food Lion will use radio frequency identification (RFID) technology in tandem with the Retalix solution.  RFID readers are being installed at the entry and exit points of the company’s distribution centers, and each of the nearly 2,000 trailers in the Food Lion fleet will be affixed with a rugged RFID tag, automating the processing of arrival and departure information.

“The Retalix system provides Food Lion with a solution to optimize our yard and dock labor resources,” said Dennis McCoy, vice president of distribution for Food Lion.  “By integrating the Retalix Transportation solution into our supply chain, we are able to directly reduce labor costs, improve resource utilization, and ultimately eliminate inefficiencies that negatively impact the profitability of our operations.”




Edward Bastian to Keynote Eagle Star Gala

Company Awards Finalists Selected for May 14th Flagship Event

 

Edward Bastian
 President and CFO
Delta Air Lines

Edward Bastian, President and CFO of Delta Air Lines, will deliver the keynote address at the 7th Annual Eagle Star Awards Gala.  Bastian is expected to discuss his company’s commitment to the Israeli market, and how they view Israel as part of their international strategy to emerge as the dominant US carrier.

The Eagle Star Gala is AICC’s community flagship event, honoring the people and companies who have contributed most to the Southeast-Israel business relationship.  It is being hosted this year by Delta Air Lines, Wednesday, May 14th, 6-9:00 PM, at their world headquarters in Atlanta.  Excitement is building as finalists have been named for Israeli Company of the Year and Deal of the Year.

Excitement is building as finalists have been named for Israeli Company of the Year and Deal of the Year.  The outstanding panel of judges includes Robert Arogeti, partner in Habif, Arogeti & Wynne; Wayne Hodges, Vice Provost, Georgia Tech Enterprise Innovation Institute; and Michael Coles, former CEO, Caribou Coffee.

Finalists for Israeli Company of the Year

  • Metrolight (www.metrolight.com) – Netanya-based company with its US headquarters in Brentwood, Tennessee is the leader in electronic ballast solutions for HID lighting systems, with installations in major retailers in the Southeast and around the world that have accumulated over 1.4 billion operating hours, saved the end users over $6.5 million in energy costs, and have shown a low rate of failure.
  • TTI Telecom (www.tti-telecom.com) – Rosh Ha’ayin-based company with operations center in Atlanta is a leading provider of next generation Operations Support Systems that helps Communications Service Providers reduce operating expenses and optimize operations effciency, save costs, speed-up time to monitor new services, and improve customer retention levels for major US carriers including AT&T and Sprint.
  • Waves (www.waves.com) – Tel Aviv-based company with US headquarters in Knoxville, Tennessee has grown into the world’s leading developer and supplier of software-based audio signal processing tools, while expanding to meet the demand for Waves processing in hardware-based products.  Current product line has increased to over 60 processors that have been embraced by the audio industry in music production, film post, and broadcast.

Finalists for Deal of the Year

  • AAA Parking (www.aaaparking.com) / HTS (www.htsol.com / T.I.B.A. (www.tibaparking.com) – Atlanta-based parking management company partnered with two Israeli companies to automate the self-parking process in eight of its locations nationally and to utilize License Plate Recognition technology for its valet operations at the Intercontinental Hotel in Buckhead.
  • Cellint (www.cellint.com) / GDOT (www.dot.state.ga.us) - Lod-based provider of cellular-based detection solutions had its contract with the Georgia Department of Transportation renewed, providing traffic information on Georgia 400 and nearby arterials after fiber communications to the current sensors were disabled due to massive construction work along the highway.
  • Verint (www.verint.com) / Witness Systems - Tel Aviv-based company acquired Atlanta-based Witness Systems in 2007, resulting in Verint Witness Actionable Solutions, its largest division.  The newly merged company has grown 150% in support services resources and 200% in R&D, thus becoming more scalable and efficient which in turn has contributed to the quicker delivery to market of a new combined platform.

André Schnabl will also be recognized with the Chamber Founders Award and Georgia Bio with the Community Partner Award.  The event website, www.eaglestargala.com, features all the event details including online registration.

In addition to Delta Air Lines as the Host, sponsors to date include Business to Business, The Coca-Cola Company, DeutscheBank Alex.Brown, Smith Gambrell & Russell, Grant Thornton, Sutherland Asbill & Brennan, TTI Telecom, Needle & Rosenberg, Given Imaging, Troutman Sanders, Tescom, SRI Travel, Locke Lord Bissell & Liddell, American Jewish Life, T.I.B.A., Dale Schwartz & Associates, Veritas Venture Partners, Miller Richmond Company, Chamberlain Hrdlicka, Ann & Jay Davis, Consulate General of Israel, and Coles College of Business/Kennesaw State University.




Israeli Water Technologies Featured at Georgia Conference
 

Avraham Israeli interviewed by 
Georgia Public Broadcasting

Israel’s experience and expertise in dealing with water shortages was the special focus of the Georgia Association of Water Professionalsannual industrial conference & expo at Callaway Gardens last month.  Led by expert Avraham Israeli who delivered the keynote address and led two technology breakout sessions, the Israeli delegation included 7 companies with unique offerings in valves, meters, treatment, re-use, facility security, and filters.  The American-Israel Chamber of Commerce, SE Region’s Cleantech Committee, chaired by Gene Rubel (Interlink Technologies), spearheaded and coordinated the Israeli participation.

Supported by grants from Israel NEWTech, the national program to promote Israel’s water technologies worldwide, and the Consulate General of Israel to the Southeast, AICC organized a special Israeli section in the exhibition hall and provided a forum for the Israeli companies to address key topics in two technology breakout sessions that were a highlight of the conference.  The participating Israeli companies included A.R.I.Arkal, Atlantium, Bermad, Blue I, and Whitewater

“Israel received prime exposure, and many excellent contacts were made for the companies with potential customers and partners in the Southeast as a result of this initiative,” said Rubel, noting that the conference attracted over 350 participants including municipal water operators, engineers, consultants, equipment vendors, and industries.

Israeli Companies Contacting Us


Real Estate – Jerusalem-based private corporation has investments in commercial and residential buildings in Israel, Eastern Europe, and Canada.  Seeking partnership with Southeast real estate companies for join venture projects that require $1-5 million of equity for the starting stage and have an appreciation rather than only cash flow.

Fetal Monitor – Tel Aviv-based developer of the first passive fetal movement monitor (detector, analyzer, and data logger) intended as an OTC product to enable expectant mothers to monitor at home.  Small electronic device is inserted into a self-adhesive, non-woven, disposable pad and placed on the mother’s abdomen.  Seeking investment and strategic partners for US market.

Visualization Design – Tel Aviv-based producer of architectural visualizations and presentation films for the real estate industry offers 3D animations & photorealistic renderings, integration between virtual & live environments, project management & design visualizations, graphic & interior designs, and multimedia productions.  Seeking joint venture partner for entry into the US.

E-Commerce – Tel Aviv-based firm provides turn-key e-commerce solutions for export and retail companies including web design, SEO, SEM, PPC, CPA, CPM, Co-Reg, media buying and list management.  Call center provides customer service and retention, appointment scheduling, lead generation and verification, and telemarketing with representatives having multi-language fluency.  Seeking introduction to companies that export to English, German, Japanese, and Spanish speaking countries.

Economic News From Israel

Economic News from Israel
  • Petach Tikvah-based Agent Vi with its US headquarters in Atlanta is partnering with Abeo Technical Solutions to provide video analytic software for the Potomac Basin Security System project that includes Reagan Washington National Airport, Bolling Air Force Base, and the Washington Navy Yard
  • Ramat Hachayal-based Panorama Software is partnered with Google to provide new analytics, reporting, and visualization solution for Google applications.  Panorama maintains a Southeast regional office in Atlanta.
  • Microsoft has acquired Ramat Gan-based Kidaro for an estimated $90-$100 million.  The Israeli start-up offers desktop visualization solutions for enterprises, providing management capabilities for virtual PCs, streamlining deployments, and easing application compatibility.
  • Haifa-based Elbit Systems has been listed as the top ranked “Best Government Contractor Ethics Program for a Foreign Supplier“ by the US government according to the Ethisphere Institute which analyzed more than 1,000 federal government contractors.  The objective analysis was based on code of ethics and business conduct, leadership and tone from the top, internal control systems, and training and communication programs.
  • Motorola-Israel has unveiled the SmartRider car phone that features GPS navigation, interactive voice activation, bluetooth wireless technology, and high audio quality that enables users to converse, navigate, and tend to business while on-the-go.  Features include turn-by-voice navigation, on-screen directions and maps, real-time traffic reports, and automatic rerouting. 
  • IBM signed a definitive agreement to acquire Haifa-based data recovery start-up FilesX with the intention that their technology will become part of the Tivoli Storage Manager family of products, IBM’s flagship suite of data protection and information infrastructure offerings targeted at small and mid-sized business customers and individual PC users.  With its patented technology, FilesX helps IT staff restore data from virtually any type of failure and from nearly any point in time.
  • Tel Aviv-based Gazit-Globes‘ US subsidiary, EquityOne, will sell seven properties to its new joint venture with Global Retail Investors for $197.4 million.  They include Presidential Marketplace in Snellville, Georgia and Sparkleberry Square in Columbia, South Carolina.
  • Up round investments by venture capital firms in Israeli companies rose to 85% of the total number of deals in the second half of 2007, the highest proportion since the beginning of 2003 when the rate stood at 9%, according to the Tel Aviv law firm Shiboleth, Yisraeli, Roberts, Zisman & Co.  During the same period, up round deals fell to 74% in Silicon Valley, compared with 80% in the first half of the year.
  • Forbes Magazine rated Israel as the world’s most “up and coming” real estate market in its April edition, followed by Malaysia.  Factors included economic expansion, inflation rates, strength of individual property rights, and access to lending. 
  • 117,000 new jobs were created in Israel in 2007, a 4.2% increase that paralleled the drop in unemployment and rise in real wages according to the Bank of Israel.  The report also noted the encouraging 9.6% drop in the proportion of employees forced to work part-time.
  • 45% of Israelis want to be partners in a start-up compared with 8% who want to be partners in a law firm and 11.4% who want to be a partner in an accounting firm, according to a survey by Geocartography Knowledge.  This dream is especially prevalent among younger Israelis.
  • The Ministry of Industry, Trade & Labor’s Office of the Chief Scientist provided $283 million in R&D grants in 2007 compared to $270 million the previous year.  Highest grants were given to ECI Telecom, Teva, Elbit Systems, and Applied Materials.
  • Mergers & acquisitions of Israeli hi-tech companies totaled $3.2 billion in 2007, and 27 companies raised an aggregate of $701 million in IPOs, according to IVC.  This total included 75 M&A deals, the second largest number in any one year in dollar terms.
  • Israeli incubator companies raised a total of $435 million in 2007, 74% more than in 2006 and 2.4 times more than the $175 million in 2005.  Of the 50 companies that graduated last year, 64% obtained follow-on funding which reached a total of $75 million.

 Events

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