The Company announces that, further to the exercise of options by Mr. Ami Vizer (director and chief executive officer of the Company), application has been made for 600,270 new ordinary shares of 0.01 NIS each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission").

Pursuant to the issue of the new Ordinary Shares, Mr. Ami Vizer has a beneficial interest in 11,064,454 Ordinary Shares, representing 21.8 per cent. of the total issued share capital of the Company.

The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares and Admission is expected to become effective on 1 May 2015. Following this issue of new Ordinary Shares, the Company has 50,708,154 Ordinary Shares in issue and holds none in treasury. Accordingly, the total number of voting rights in the Company is 50,708,154.

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