Israel: 054-321-6176 / USA - 210-820-3070 alan@weinkrantz.com

This Week From Israel

» US-Israel two-way trade exceeded $18 billion in 2000.
» Israel is one of the most highly
educated countries in the world with the highest number of engineers,
scientists and Ph.D’s per capita (135 per 10,000).
» Israel has the largest number of startup
companies, in absolute terms, than any other country in the world, save
the US (3,500 companies mostly in hi-tech).
» Israel is the only country in the world
to have simultaneous free trade agreements with the US, Mexico and
Canada; European Union and European Free Trade Association.
» More Israeli companies are on the US
stock exchanges (123) after the US and Canada, with market
capitalization of over $33 billion, with two companies included in the
S&P 500.
» Israel is ranked #2 in the world for VC funds right behind the US.  There is over $4 billion available for investments.
» The per capita income in 2000 is over $17,500, exceeding that of the UK.
» Israel’s $100 billion economy is larger than all of its immediate neighbors combined.
» Israel is one of the most secure countries in the world with which to do business.  English is the official business language.
» The cell phone was developed in Israel by Motorola-Israel.  Motorola built its largest development center worldwide in Israel.
» Windows NT software was developed by Microsoft-Israel.
» The Pentium MMX Chip technology was designed in Israel at Intel.
» Voice mail technology was developed in Israel.
» The first PC anti-virus was developed in Israel in 1979 by the same company that developed the Melissa anti-virus program.
» The world’s most predominant company in
internet firewall safety systems is Check Point, an Israeli company
that controls 40% of the world’s market.
» AOL’s instant message program was designed by an Israeli software company.
» Both Microsoft and Cisco built their only R&D facilities outside the US in Israel.
» Foreign entities invested more than $3
billion in the Tel Aviv Stock Exchange, over 5% of the total market
value of stocks traded on the TASE.
» The credit rating assigned by Moody’s
for 2000 is A, and its short-term credit rating is P1, their highest
rating available for short-term credit.

Source: Ohio Israel Chamber of Commerce

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