ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the January 2007 issue


The Israeli Satellites

The AMOS-1 Israeli geostationary satellite, located at 4 degrees west, began operations in 1996. It was built by the Israeli Aircraft Industries (IAI) and uses 7 Ku-band transponders, primarily for direct-to-home television broadcasting, TV distribution and VSAT services for customers in the Middle East and in Central Europe. Spacecom Ltd. is the exclusive marketer and service provider of AMOS-1 services.

Another satellite, the Gurwin-II TechSAT, was launched in July 1998. This experimental satellite was designed, manufactured and is controlled by The Technion-Israel Institute of Technology. The Gurwin-II TechSAT provides communications, remote sensing and research services.

ImageSat system- designed and manufactured, like AMOS-1, by IAI, provides services via MBT Ltd., an international consortium headed by Israeli Aircraft Industries, had launched its EROS satellite in 2000. EROS is a non-geostationary orbit satellite, which provides highly accurate commercial photography and surveillance services.

In December 2003, Spacecom Ltd. launched AMOS-2 and it is co-located with AMOS-1. AMOS-2 has 11 Ku-band transponders and 3 backup transponders, 72 MHz bandwidth each. It has 3 spot beams: the Middle East beam supports up to 11 transponders; the Europe beam supports up to 6 transponders; and US East Coast beam supports up to 8 transponders.

Kyphon buys Disc-O-Tech's spinal assets for $220m Kyphon Inc. (Nasdaq: KYPH), today announced that it would acquire all spine-related assets of Disc-O-Tech medical technologies. Under the terms of the agreement, Kyphon will pay Disc-O-Tech $60 million immediately, another $40 million with the sale of two initial products and a total of another $120 million in three equal annual installments will be paid beginning in January 2008 for Disc-O-Tech's Confidence System assets. An additional $20 million, in contingent payments may also be paid based on the development of further technologies. Kyphon will finance the upfront payments due with cash on hand and an already established escrow.



Reprinted from the Israel High-Tech & Investment Report January 2007

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