ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the June 2005 issue


The 100th smallest country, with less than 1/1000th of the world's population


In less than five decades this country has produced two Nobel Prize winners in chemistry, an astronaut, hundreds of computer specialists, inventors and countless entrepreneurs. These world class individuals are just a part of the nucleus, of a society that participates in globalization and increases the economic standard of the citizens of this country.

Most of this country's outstanding scientific and technological developments have been mentioned, over the years, in individual issues of our Israel High-Tech & Investment Report. However, on the occasion of the 57th Day of Independence we take the opportunity of listing together, some of these achievements.

Computer technology and telecommunications rank high on the list. We recall that the cell phone was first developed at the Motorola plant in Israel.

Most of the Windows NT and XP operating systems were developed by Microsoft-Israel.

The Pentium MMX Chip technology was designed at Intel Israel.

Both the Pentium-4 microprocessor for desktop computers and the Centrino processor for laptops were entirely designed, developed and produced in Israel.

Computerized billing technology was developed in Israel. The Israeli company Amdocs is the largest company in the world in this field.

Both Microsoft and Cisco built their only foreign-based research and development facilities in Israel.

The program ICQ, which is the technological basis for AOL Instant Messenger, was developed in 1996 by four young Israelis.

Disk on Key - a portable, virtual hard disk - was developed by the Israeli company M-Systems. When we travel we never neglect taking vital material on this miniature hard disk, with us. This love affair with computers is evident in that Israel has the highest number of personal computers per capita in the world. Israeli software company Check Point is the global leader in Virtual Private Network (VPN) and firewall technologies.

In proportion to its population, Israel has the largest number of start-up companies in the world. In absolute terms, Israel has the largest number of start-up companies, than any other country in the world, second only to the US. With more than 3,000 high-tech companies and start-ups, Israel has the highest concentration of hi-tech companies in the world - with the exception of Silicon Valley.

Israel is ranked #2 in the world for venture capital funds, right behind the United States. Outside the United States and Canada, Israel has the largest number of companies listed on NASDAQ.

A 12th century physician Moshe ben Maimon-Rambam (Maimonides) is the role model for a generation of Israeli physicians who became active not only in the care of the sick but in the development of treatments and medical systems.

They developed the first fully computerized, no-radiation diagnostic instrumentation for breast cancer.

An Israeli company developed a computerized system for ensuring proper administration of medications, thus removing human error from medical treatment. Every year in U. S. hospitals 7,000 patients die from treatment mistakes.

Israel's Given Imaging developed the PillCam - the first ingestible video camera, which is so small it fits inside a pill. Used to view the small intestine from the inside, the camera helps doctors diagnose digestive disorders of the small intestine and esophagus without invasive treatment.

C2Cure is producing disposable miniature imaging medical devices. The viewing systems consist of miniature, disposable video camera and a light source that are assembled on the tip of endoscopes. The technology is suitable for minimally invasive surgery (MIS) endoscopic market and the intra-vascular segment.

A new acne treatment developed in Israel causes acne bacteria to self-destruct - all without damaging surroundings skin or tissue.

A new brain implant has been developed in Israel that can lower the risk of stroke, by diverting blood clots away from sensitive areas of the brain.

Primate research at Hebrew University is leading to the development of a robotic arm, that can respond to the brain commands of a paralyzed person.

Two Israeli researchers are creating cancer-killing molecules that will recognize cancerous cells and target them aggressively, while not affecting normal cells.

Israeli researchers developed a novel stem cell therapy to treat Parkinson's Disease - using a patient's own bone marrow stem cells to produce the missing chemical that enable the restoration of the motor movement.

Insightec developed an ultrasound system for removing tumors without surgery. Researchers at the Technion have developed an antibiotic that destroys anthrax bacteria as well as the toxins it secretes into the bloodstream of the infected body.

Elta is responsible for the world's first civilian aircraft equipped with technology designed to protect airliners from a missile attack.

Israel has, for many years, held the world record in milk production.

Drip irrigation - the system that is based on using plastic pipes that release small amounts of water next to roots of plants - was developed by the Israeli engineer Simcha Blas in the 1970's.

The invention caused a revolution in agriculture and has been adopted by farmers in many countries

Israeli company Silent Communications has developed a type of silent conversation system for cell phones, so users can carry on conversations without saying a word.

The Israeli company Wondernet is currently dominating the world market in document signature authentication, with its unique scientific method of verifying handwritten signatures.

The Quicktionary, a pen size scanner that scans a word or a sentence and translates it to a different language, was developed by the Wizcom Company, based in Jerusalem.

Professor Ehud Keinan from the Technion Israel Institute of Technology developed a pen that identifies an improvised explosive.

All this from Israel the 100th smallest country, with less than 1/1000th of the world's population


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

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