ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the January 2005 issue


British Telecom Allocating $200 million for Israeli Hi-Tech Investments


British Telecom, according to Israel's Export Institute will invest $200 million in Israeli technologies. The U.K. company is earmarking the money for investment over three to five years.

Among the companies being considered is Netanya-based BitBand, a provider of technology for streaming data-rich media over Internet networks. Emblaze (LSE:BLZ), which also makes media-streaming technology, is also on the list. BT also is interested in Maxbill and Mind CTI (Nasdaq:MNDO), which both develop systems for customer care and billing. Another candidate is TeleMessage, which designs applications for mobile operators.

Septier Communications of Petah Tikva, which makes network platforms to help cellular carriers maximize revenue.

Some 200 BT personnel recently met with representatives from these companies at the R&D headquarters in Ipswich, England.


Reprinted from the Israel High-Tech & Investment Report january 2005

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