UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(A) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
SCHEDULE 13D/A
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 2)
UNITY WIRELESS CORPORATION
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001*
(Title of Class of Securities)
913347 10 0
(CUSIP Number)
CLAL INDUSTRIES AND INVESTMENTS LTD.
THE TRIANGULAR TOWER
45TH FLOOR
3 AZRIELI CENTER
TEL AVIV 67023
ATTN: CORPORATE SECRETARY
TELEPHONE: 972-3-6075794
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
SEPTEMBER 20, 2007
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f), or 13d-1(g), check the following
box: [_]
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
* AS SOME OF THE SECURITIES BENEFICIALLY OWNED BY THE REPORTING PERSONS ARE
SERIES B CONVERTIBLE NON-REDEEMABLE PREFERRED SHARES, PAR VALUE $0.001 PER
SHARE, OF THE ISSUER (THE "SERIES B SHARES"), EACH OF WHICH IS CURRENTLY
CONVERTIBLE INTO 1,000 SHARES OF COMMON STOCK, PAR VALUE $0.001 PER SHARE, OF
THE ISSUER (THE "SHARES"), OR REFLECT OTHER SECURITIES, SUCH AS NOTES AND
WARRANTS, UNLESS THE CONTEXT SUGGESTS OTHERWISE, THE FIGURES IN THIS STATEMENT
ARE SHOWN ON AN AS CONVERTED AND AS EXERCISED BASIS AND THE TERM SHARES INCLUDES
CONVERTIBLE SECURITIES, NOTES AND WARRANTS.
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Israel Infinity Venture Capital (Corporate General Partner) Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Island
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 1,249,672 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,249,672 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,249,672 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.62%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 384,514 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
2
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Infinity I Annex Fund (General Partner) Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 7,973,023 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
7,973,023 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,973,023 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.94%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 2,453,238 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
3
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FBR Infinity II Venture Partners Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 13,812,983 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
13,812,983 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,812,983 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.83%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 4,300,501 Shares and debentures convertible
into 1,309,156 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
4
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Clal Venture Capital Fund Management Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 645,291 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
645,291 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
645,291 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.32%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 50,944 Shares and notes convertible into
594,347 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
5
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Clal Industries and Investments Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 32,313,528 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
32,313,528 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,313,528 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.97%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 9,564,535 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 1,725,152 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
6
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Clalit Finance and Investments Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 82,406 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
82,406 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
82,406 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.04%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 25,356 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
7
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RDC Rafael Development Corporation Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 789,497 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
789,497 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
789,427 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.4%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 62,330 Shares and notes convertible into
727,167 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
8
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Elron Electronic Industries Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 1,073,566 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,073,566 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,073,566 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.53%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 84,756 Shares and notes convertible into
988,810 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
9
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ECI Telecom Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 353,485 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
353,485 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
353,485 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.17%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 27,907 Shares and notes convertible into
325,578 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
10
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Discount Investment Corporation Ltd. ("DIC")
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 1,995,193 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,995,193 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,995,193 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.99%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 157,516 Shares and notes convertible into
1,837,677 Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
11
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IDB Development Corporation Ltd. ("IDB Development")
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 34,147,516*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
34,147,516*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,147,516*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.88%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 8,821,250 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 3,237,251 Shares. The
34,147,516 Shares include, among others, 54,938 Shares (the "CIEH Shares")
beneficially owned by a wholly owned subsidiary of Clal Insurance Enterprises
Holdings Ltd. ("CIEH"), a subsidiary of IDB Development, for its own account.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
12
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IDB Holding Corporation Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 34,147,516*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
34,147,516*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,147,516*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.88%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 9,753,307 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 3,237,251 Shares. The
34,147,516 Shares include, among others, the CIEH Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
13
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nochi Dankner
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 34,147,516*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
34,147,516*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,147,516*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.88%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
* Includes warrants exercisable into 9,753,307 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 3,237,251 Shares. The
34,147,516 Shares include, among others, the CIEH Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
14
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Shelly Bergman
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 34,147,516*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
34,147,516*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,147,516*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.88%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
* Includes warrants exercisable into 9,753,307 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 3,237,251 Shares. The
34,147,516 Shares include, among others, the CIEH Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
15
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ruth Manor
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 34,147,516*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
34,147,516*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,147,516*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.88%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
* Includes warrants exercisable into 9,753,307 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 3,237,251 Shares. The
34,147,516 Shares include, among others, the CIEH Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
16
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Avraham Livnat
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 34,147,516*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
34,147,516*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,147,516*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.88%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
* Includes warrants exercisable into 9,753,307 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 3,237,251 Shares. The
34,147,516 Shares include, among others, the CIEH Shares.
** Based on 202,328,480 Shares outstanding (on an as converted basis) as of
August 20, 2007.
17
This Amendment No. 2 amends and supplements the Statement on Schedule 13D,
as amended (the "Statement") in respect of the shares of Common Stock, par value
$0.001 per share (the "Shares"), of Unity Wireless Corporation (the "Issuer"),
filed by Israel Infinity Venture Capital (Corporate General Partner) Ltd.,
Infinity I Annex Fund (General Partner) Ltd., FBR Infinity II Venture Partners
Ltd., Clal Venture Capital Fund Management Ltd., Clal Industries and Investments
Ltd., Clalit Finance and Investments Ltd., RDC Rafael Development Corporation
Ltd., Elron Electronic Industries Ltd., ECI Telecom Ltd., Discount Investment
Corporation Ltd., IDB Development Corporation Ltd., IDB Holding Corporation
Ltd., Mr. Nochi Dankner, Mrs. Shelly Bergman, Mrs. Ruth Manor and Mr. Avraham
Livnat (collectively, the "Reporting Persons"), with the Securities and Exchange
Commission.
Capitalized terms used herein but not otherwise defined shall have the
meanings ascribed to such terms in the Statement.
The following amends and supplements Items 2, 3, 4, 5, 6 and 7 of the
Statement.
ITEM 2. IDENTITY AND BACKGROUND.
The third paragraph of Section 5 in Item 2 of the Statement is hereby amended
and replaced in its entirety by the following:
Clal Industries and Koor (as defined below) beneficially own approximately
13% and 28% of the outstanding ordinary shares of ECI (as defined below),
respectively, and have entered into an agreement regarding, among other things,
the voting of their ECI shares. By reason of Clal Industries' interest in ECI,
Clal Industries may be deemed to be beneficial owner of, and to share the power
to vote and dispose of, the Shares directly owned by ECI. Both Koor and Clal
Industries have agreed to sell all of their shareholdings in ECI. The closing of
this sale is due shortly.
Sections 7, 8, and 11, 12 and 13 in Item 2 of the Statement are hereby amended
and replaced in their entirety by the following:
(7) RDC Rafael Development Corporation Ltd. is an Israeli company ("RDC"),
with its principal office at Building 7b, Industrial Area, Yoqneam 20692,
Israel. RDC is engaged in the establishment and development of technology
companies for the commercial non-military application of technologies developed
by Rafael Armament Development Authority Ltd. RDC owns the Shares directly. DEP
Technology Holdings Ltd., an Israeli company ("DEP") and a wholly owned
subsidiary of Elron (as defined below), holds 50.1% of the voting power of RDC.
(8) Elron Electronic Industries Ltd. is an Israeli public company
("Elron"), with its principal office at the Triangular Tower, 42nd Floor, 3
Azrieli Center, Tel Aviv 67023, Israel. Elron is a high technology operational
holding company, and is engaged through affiliates with a group of high
technology operating companies in the fields of medical devices, information and
communications technology, clean technology and semiconductors. The outstanding
shares of Elron are traded on the NASDAQ Global Select Market and on the Tel
Aviv Stock Exchange. DIC (as defined below) beneficially owns approximately
48.6% of the outstanding shares of Elron. By reason of Elron's interest in DEP
which in turns holds 50.1% of the voting power of RDC, Elron may be deemed
beneficial owner of, and to share the power to vote and dispose of, the Shares
owned by RDC.
The second paragraph of Section 10 in Item 2 of the Statement is hereby amended
and replaced in its entirety by the following:
DIC owns the Shares directly and by reason of its ownership interest in
Elron, may be deemed beneficial owner of, and to share the power to vote and
dispose of, the Shares beneficially owned by Elron. In addition, DIC and IDB
Development (as defined below) own approximately 45.1% and 9.8% of the
outstanding ordinary shares of Koor Industries Ltd., an Israeli public company
("Koor"), respectively. Koor and Clal Industries beneficially own approximately
28% and 13% of the outstanding ordinary shares of ECI, respectively. By reason
of DIC's interest in ECI (through Koor), DIC may be deemed to be beneficial
owner of, and to share the power to vote and dispose of, the Shares directly
owned by ECI. Both Koor and Clal Industries have agreed to sell all of their
shareholdings in ECI. The closing of this sale is due shortly.
18
Sections 11, 12 and 13 in Item 2 of the Statement are hereby amended and
replaced in their entirety by the following:
(11) IDB Development Corporation Ltd. is an Israeli public company ("IDB
Development"), with its principal office at the Triangular Tower, 44th Floor, 3
Azrieli Center, Tel Aviv 67023, Israel. IDB Development is an investment
company, which, through subsidiaries invests in companies engaged in various
sectors of the Israeli economy. The outstanding shares of IDB Development are
listed for trading on the Tel Aviv Stock Exchange.
IDB Development owns the Shares directly and through its wholly owned
subsidiary, Clalit Finance. In addition, IDB Development owns the majority
of the outstanding shares of, and controls, Clal Industries and DIC. By
reason of IDB Development's control of Clal Industries and DIC, IDB
Development may be deemed to be beneficial owner of, and to share the power
to vote and dispose of, the Shares beneficially owned by Clal Industries
and DIC.
(12) IDB Holding Corporation Ltd. is an Israeli public company ("IDB
Holding"), with its principal office at the Triangular Tower, 44th Floor, 3
Azrieli Center, Tel Aviv 67023, Israel. IDB Holding is an investment company
that, through subsidiaries invests in companies engaged in various sectors of
the Israeli economy. The outstanding shares of IDB Holding are listed for
trading on the Tel Aviv Stock Exchange.
IDB Holding owns the majority of the outstanding shares of, and
controls, IDB Development. By reason of IDB Holding's control of IDB
Development, IDB Holding may be deemed beneficial owner of, and to share
the power to vote and dispose of, the Shares owned beneficially by IDB
Development.
(13) Mr. Nochi Dankner, whose address is the Triangular Tower, 44th Floor,
3 Azrieli Center, Tel Aviv 67023, Israel. His present principal occupation is
Chairman and Chief Executive Officer of IDB Holding; Chairman of IDB
Development, DIC and Clal Industries; director of companies.
Paragraphs 1, 3 and 4 following Section 16 of Item 2 of the Statement is hereby
amended and replaced in its entirety by the following:
Nochi Dankner (together with a private company controlled by him) and his
sister Shelly Bergman control Ganden Holdings Ltd. ("Ganden Holdings"), a
private Israeli company. Ganden Holdings owns, as of September 20, 2007,
approximately 49.2% of the outstanding shares of IDB Holding (of which,
approximately 11.5% of the outstanding shares of IDB Holding are held directly
and approximately 37.7% of the outstanding shares of IDB Holding are held
through Ganden Investments I.D.B. Ltd. ("Ganden"), a private Israeli company,
which is an indirect wholly owned subsidiary of Ganden Holdings). In addition,
Shelly Bergman holds, through a wholly owned company, approximately 7.2% of the
outstanding shares of IDB Holding.
Ruth Manor controls Manor Holdings B.A. Ltd. ("Manor Holdings"), a private
Israeli company which owns, as of September 20, 2007, approximately 11.5% of the
outstanding shares of IDB Holding (of which, approximately 1.15% are held
directly and approximately 10.34% of the outstanding shares of IDB Holding are
held through Manor Investments - IDB Ltd. ("Manor"), a private Israeli company
which is controlled by Manor Holdings). Manor also holds directly approximately
0.32% of the outstanding shares of IDB Development. Ruth Manor's husband, Isaac
Manor, and their son, Dori Manor, are directors of IDB Holding and IDB
Development.
19
Avraham Livnat controls Avraham Livnat Ltd., a private Israeli company,
which owns, as of September 20, 2007, approximately 11.5% of the outstanding
shares of IDB Holding (of which, approximately 1.17% are held directly and
approximately 10.34% of the outstanding shares of IDB Holding are held through
Avraham Livnat Investments (2002) Ltd. ("Livnat"), a private Israeli company,
which is a wholly owned subsidiary of Avraham Livnat Ltd.). Zvi Livnat, a son of
Avraham Livnat, is a director of IDB Holding and IDB Development and Shay
Livnat, a son of Avraham Livnat, is a director of IDB Development.
ITEM 4. PURPOSE OF TRANSACTION.
The third paragraph in Item 2 of the Statement is hereby amended and replaced in
its entirety by the following:
The Notes, which matured on June 12, 2007, have a conversion price of $0.25 per
Share, subject to adjustments. Under the terms of the Notes, the Issuer is not
required to make payments to the holders of Notes for as long as such payment is
prohibited under the terms of an agreement between the Issuer and Bank HaPoalim,
dated June 8, 2006 (the "Bank Agreement"). Pursuant to the Bank Agreement, the
Notes beneficially held by the Reporting Persons are currently convertible into
Shares.
Also, see Item 6 which is incorporated herein by reference.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a), (b) Percentages are based on 202,328,480 Shares outstanding (on an as
converted basis), consisting of 168,180,964 Shares outstanding as of August 20,
2007, based on the Issuer's Form 10QSB filed with the SEC on August 20, 2007,
and the 34,147,516 Shares (on an as converted and as exercised basis)
beneficially owned by the Reporting Persons (in the aggregate).
As of September 20, 2007:
(1) Infinity I GP is the beneficial owner of 1,249,672 Shares (including
Celletra Warrants exercisable into 384,514 Shares) owned by the Infinity I
Funds, representing approximately 0.62% of the Shares outstanding (on an as
converted basis).
(2) Infinity Annex GP is the beneficial owner of 7,973,023 Shares
(including Celletra Warrants exercisable into 2,453,238 Shares) owned by the
Infinity Annex Fund, representing approximately 3.94% of the Shares outstanding
(on an as converted basis).
(3) Infinity II GP is the beneficial owner of 13,812,983 Shares (including
Celletra Warrants and December Warrants exercisable into an aggregate of
4,300,501 Shares) owned by the Infinity II Funds, representing approximately
6.83% of the Shares outstanding (on an as converted basis).
By reason of the relationships among Infinity I LP, Infinity I GP, Infinity
Annex GP, Infinity II LP and Infinity II GP (together, the "Infinity Group"),
demonstrated by (1) the overlapping directors and partners of the Infinity Funds
and (2) their agreement in connection with the designation of directors to the
Board of Directors of the Issuer as described in Item 4 above, they may be
deemed to constitute a "group" within the meaning of Section 13(d)(3) of the
Exchange Act. Consequently, the Infinity Group may be deemed to be the
beneficial owners, and to share the power to vote and dispose of, 23,035,678
Shares owned in the aggregate by the Infinity Funds (as described in clauses (1)
through (3) above) (the "Infinity Shares"), representing approximately 11.38% of
the Shares outstanding (on an as converted basis). Each of these Reporting
Persons disclaims the existence of such Infinity Group and disclaims beneficial
ownership of all of the Shares, other than those reported hereinabove as being
beneficially owned by such Reporting Person.
(4) CVCM is the beneficial owner, and shares with Clal Industries the power
to vote and dispose of, 645,291 Shares (including Avantry Warrants exercisable
into 50,944 Shares and Notes convertible into 594,347 Shares) owned by CVC,
representing approximately 0.32% of the Shares outstanding (on an as converted
basis).
20
(5) Clal Industries is the beneficial owner, and shares with ECI and CVCM
the power to vote and dispose of, 9,277,850 Shares (including Celletra Warrants
exercisable into 2,278,412 Shares, Avantry Warrants exercisable into 147,870
Shares and Notes convertible into 1,725,152 Shares) owned in the aggregate by
Clal Industries (including its wholly owned subsidiary, Clal Electronics), ECI
and CVC, representing approximately 4.58%, of the Shares outstanding (on an as
converted basis). Clal Industries disclaims beneficial ownership of the ECI
Shares.
By reason of the interests of Clal Industries in the Infinity Funds as described
in Item 2 of the Statement and the agreement in connection with the designation
of directors to the Board of Directors of the Issuer as described in Item 4 of
the Statement, it may be deemed to control the Infinity Group. Consequently,
Clal Industries may be deemed to be the beneficial owner, and to share with CVCM
and the Infinity Group the power to vote and dispose of 32,313,528 Shares owned
in the aggregate by Clal Industries, Clal Electronics, ECI, CVC and the Infinity
Funds, representing approximately 15.97% of the Shares outstanding (on an as
converted basis). Clal Industries disclaims the existence of a "group" within
the meaning of Section 13(d)(3) of the Exchange Act and disclaims beneficial
ownership of the Infinity Shares.
(6) Clalit Finance is the beneficial owner, and shares with IDB Development
the power to vote 82,406 Shares and the power to dispose of 25,368 Shares
(including Celletra Warrants exercisable into 25,356 Shares) owned by Clalit
Finance, representing approximately 0.04% of the Shares outstanding (on an as
converted basis).
(7) RDC is the beneficial owner, and shares with Elron and DIC the power to
vote and dispose, of the 789,497 Shares (including Avantry Warrants exercisable
into 62,330 Shares and Notes convertible into 727,167 Shares) owned by RDC,
representing approximately 0.4% of the Shares outstanding (on an as converted
basis).
(8) Elron is the beneficial owner, and shares with RDC and DIC the power to
vote and dispose, of the 1,073,566 Shares (including Avantry Warrants
exercisable into 84,756 Shares and Notes convertible into 988,810 Shares) owned
in the aggregate by Elron and RDC, representing approximately 0.53% of the
Shares outstanding (on an as converted basis).
(9) ECI is the beneficial owner, and may be deemed to share with DIC and
Clal Industries the power to vote and dispose, of the 353,485 Shares (including
Avantry Warrants exercisable into 27,907 Shares and Notes convertible into
325,578 Shares) owned by ECI (the "ECI Shares"), representing approximately
0.17% of the Shares outstanding (on an as converted basis).
(10) DIC is the beneficial owner, and may be deemed to share with Elron and
ECI the power to vote and dispose of, 1,995,193 Shares (including Avantry
Warrants exercisable into 157,516 Shares and notes convertible into 1,837,677
Shares) owned in the aggregate by DIC and beneficially owned by Elron and ECI,
representing approximately 0.99% of the Shares outstanding (on an as converted
basis). DIC disclaims beneficial ownership of the ECI Shares.
(11) IDB Development is the beneficial owner, and may be deemed to share
with DIC and Clal Industries the power to vote and dispose of, 34,147,516 Shares
owned in the aggregate by IDB Development (including its wholly owned
subsidiary, Clalit Finance) and beneficially owned by DIC and Clal Industries
(including the Infinity Shares), representing approximately 16.88% of the Shares
outstanding (on an as converted basis). IDB Development may also be deemed to
share the power to vote and dispose of the 54,938 Shares (including Celletra
Warrants exercisable into 16,904 Shares) held by Clal Insurance Enterprises
Holdings Ltd. and its wholly owned subsidiary (the "CIEH Shares"), for a total
of 34,147,516 Shares (including Celletra Warrants exercisable into 8,821,250
Shares, Avantry Warrants exercisable into 277,479 Shares, Avantry Notes
convertible into 3,237,251 Shares, Debentures convertible into 1,309,156 Shares
and December Warrants exercisable into 654,578 Shares) in the aggregate,
representing approximately 16.88% of the Shares outstanding (on an as converted
basis). IDB Development disclaims beneficial ownership of all Shares other than
the Shares owned by IDB Development and its wholly owned subsidiary Clalit
Finance.
21
(12) IDB Holding and the Reporting Persons who are natural persons may be
deemed to share the power to vote and dispose of the 34,147,516 Shares
beneficially owned by IDB Development, representing approximately 16.88% of the
Shares outstanding (on an as converted basis). IDB Holding and the Reporting
Persons who are natural persons disclaim beneficial ownership of these shares.
Information provided to the Reporting Person indicates that the persons
named in Schedules A through J to the Statement did not beneficially own as of
September 20, 2007 any Shares.
(c) The Reporting Persons have not effected any transactions in the Shares
in the past 60 days ending on September 20, 2007, except as set forth above.
Information provided to the Reporting Persons indicates that none of the persons
named in Schedules A through J to the Statement purchased or sold during the
last 60 days ending on September 20, 2007, any Shares.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDING OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
On September 20, 2007, Clal Industries, Clal Electronics and CVCM
(collectively, the "Sellers") entered into a Sale and Transfer Agreement (the
"Purchase Agreement"), whereby the Sellers agreed to sell to Infinity-NSF Fund,
L.P., a Cayman Islands exempted limited partnership, all of their securities of
the Issuer, consisting of 5,126,416 Shares, Celletra Warrants to purchase
2,278,412 Shares, Avantry Warrants to purchase 119,963 Shares and Notes in the
principal amount of $349,893.48 for an aggregate purchase price of $100,000,
subject to adjustments specified in the Purchase Agreement. Infinity-NSF is a
venture capital fund. Its general partner is Infinity-NSF Partners Ltd., a
Cayman Islands exempted company. Messrs. Amir Gal Or and Avishai Silvershatz,
partners in Infinity, have an equity interest in, and serve on the board of
directors of, Infinity-NSF Partners Ltd. The closing of the Purchase Agreement
is subject to customary closing conditions.
THE FOREGOING DESCRIPTION OF THE PURCHASE AGREEMENT DOES NOT PURPORT TO BE
COMPLETE AND IS SUBJECT TO, AND QUALIFIED IN ITS ENTIRETY BY REFERENCE TO, THE
PROVISIONS OF THE PURCHASE AGREEMENT FILED AS EXHIBIT 1 HERETO.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Schedule A-J: Name, citizenship, residence or business address and present
principal occupation of the directors and executive officers
(or managing partners, as applicable) of Infinity I GP,
Infinity Annex GP and Infinity II GP, CVCM, Clal Industries,
Clalit Finance, RDC, Elron, ECI, DIC, IDB Development and
IDB Holding
Exhibit 1 Sale and Transfer Agreement, dated September 20, 2007
22
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: September 25, 2007
Israel Infinity Venture Capital (Corporate General Partner) Ltd.
Infinity I Annex Fund (General Partner) Ltd.
FBR Infinity II Venture Partners Ltd.
Clal Venture Capital Fund Management Ltd.
Clal Industries and Investments Ltd.
Clalit Finance and Investments Ltd.
RDC Rafael Development Corporation Ltd.
Elron Electronic Industries Ltd.
ECI Telecom Ltd.
Discount Investment Corporation Ltd.
IDB Development Corporation Ltd.
IDB Holding Corporation Ltd.
Mr. Nochi Dankner
Mrs. Shelly Bergman
Mrs. Ruth Manor
Mr. Avraham Livnat
BY: CLAL INDUSTRIES AND INVESTMENTS LTD.
BY: /s/ Boaz Simons /s/ Yehuda Ben Ezra
---------------------------------------
Boaz Simons and Yehuda Ben Ezra, authorized signatories of
Clal Industries and Investments Ltd., for itself and on
behalf of the other Reporting Persons pursuant to agreement
annexed as Exhibit 1 to the Statement.
23
Schedule A
Directors and Executive Officers
of
Israel Infinity Venture Capital (Corporate General Partner) Ltd.
(as of November 24, 2006)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
----------------------------------------------- --------------------- ----------------------------------------------------
Marshall Butler Director and Venture Capitalist
900 Third Avenue; 33rd Fl Managing Partner
New York, NY 10022-4775
USA
----------------------------------------------- --------------------- ----------------------------------------------------
Dr. Kenneth Rind Director and Investor
80 Columbus Circle, Managing Partner
NY, NY 10023
USA
----------------------------------------------- --------------------- ----------------------------------------------------
Guy Rosen Director Vice President of Clal Industries and Investments
3 Azrieli Center, The Triangular Tower, 45th Ltd.
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
Amir Gal-Or Partner Partner in Infinity Venture Capital
3 Azrieli Center, The Triangular Tower, 42nd
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
Ariel Poppel Chief Financial Chief Financial Officer of Infinity Venture
3 Azrieli Center, The Triangular Tower, 42nd Officer Capital
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
24
Directors and Executive Officers
of
Infinity I Annex Fund (General Partner) Ltd.
(as of November 14, 2006)
Citizenship is the same as country of address, unless otherwise noted.
----------------------------------------------- --------------------- ----------------------------------------------------
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
----------------------------------------------- --------------------- ----------------------------------------------------
Marshall Butler Director and Venture Capitalist
900 Third Avenue; 33rd Fl Managing Partner
New York, NY 10022-4775
USA
----------------------------------------------- --------------------- ----------------------------------------------------
Dr. Kenneth Rind Director and Investor
80 Columbus Circle, Managing Partner
NY, NY 10023
USA
----------------------------------------------- --------------------- ----------------------------------------------------
Amir Gal-Or Partner Partner in Infinity Venture Capital
3 Azrieli Center, The Triangular Tower, 42nd
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
Ariel Poppel Chief Financial Chief Financial Officer of Infinity Venture
3 Azrieli Center, The Triangular Tower, 42nd Officer Capital
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
25
Directors and Executive Officers
of
FBR Infinity II Venture Partners, Ltd.
(as of November 14, 2006)
Citizenship is the same as country of address, unless otherwise noted.
----------------------------------------------- --------------------- ----------------------------------------------------
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
----------------------------------------------- --------------------- ----------------------------------------------------
Amir Gal-Or Director and Partner in Infinity Venture Capital
3 Azrieli Center, The Triangular Tower, 42nd Managing Partner
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
Edward Wheeler Director President & COO of FBR Investment Management
612 Innsbruck Ave.
Great Falls, VA 22066
USA
----------------------------------------------- --------------------- ----------------------------------------------------
Guy Rosen Director Vice President of Clal Industries and Investments
3 Azrieli Center, The Triangular Tower, 45th Ltd.
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
Avishai Silvershatz Managing Partner Partner in Infinity Venture Capital
3 Azrieli Center, The Triangular Tower, 42nd
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
Ariel Poppel Chief Financial Chief Financial Officer of Infinity Venture
3 Azrieli Center, The Triangular Tower, 42nd Officer Capital
floor, Tel-Aviv 67023, Israel
----------------------------------------------- --------------------- ----------------------------------------------------
26
Schedule B
Directors and Executive Officers
Of
Clal Cla Venture Capital Management Ltd.
(as of September 20, 2007)
Citizenship is same as country of address, unless otherwise noted.
Executive Officers: None.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Yehuda Ben Ezra, Director Comptroller of Clal Industries and
3 Azrieli Center, the Triangular Tower 45th Investments Ltd.
floor, Tel Aviv 67023, Israel
Gonen Bieber,* Director Financial Manager of Clal Industries and
3 Azrieli Center, the Triangular Tower 45th Investments Ltd.
floor, Tel Aviv 67023, Israel
* Dual Citizenship of Israel and the Republic of Germany.
27
Schedule C
Directors and Executive Officers
Of
Clal Industries and Investments Ltd.
(as of September 20, 2007)
Citizenship is same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Nochi Dankner Chairman of the Board of Chairman and Chief Executive Officer of IDB
3 Azrieli Center, the Triangular Tower 44th Directors and Co-Chief Holdings; Chairman of IDB Development Clal
floor, Tel Aviv 67023, Israel Executive. Industries and Investments Ltd and DIC;
director of Companies.
Avi Fischer Director Executive Vice President of IDB Holdings;
3 Azrieli Center, the Triangular Tower 45th Deputy Chairman of IDB Development;
floor, Tel Aviv 67023, Israel Co-Chief Executive Officer of Clal
Industries and Investments Ltd.
Refael Bisker Director Chairman of Property and Building
3 Azrieli Center, the Triangular Tower 44th Corporation Ltd.
floor, Tel Aviv 67023, Israel
Marc Schimmel* Director Director of UKI Investments
54-56 Euston St., London NW1 U.K.
Yecheskel Dovrat Director Economic consultant and director of
1 Nachshon St., Ramat Hasharon, Israel. companies.
Eliahu Cohen Director Chief Executive Officer of IDB Development.
3 Azrieli Center, the Triangular Tower 44th
floor, Tel Aviv 67023, Israel
Shay Livnat Director President of Zoe Holdings Ltd.
31st HaLechi St., Bnei Brak 51200, Israel
David Leviatan Director Director of Companies.
18 Mendele St., Herzeliya, Israel
Alicia Rotbard External Director Chief Executive Officer of Doors
6 Rosenblum St. Information Systems Inc.
#6101 Sea&Sun, Tel Aviv, Israel
Nachum Langental External Director Director of companies
3 Jabotinski St., Ramat Gan, Israel
**Isaac Manor Director Chairman of companies in the motor vehicle
Director sector of the David Lubinski Ltd. Group.
26 Hagderot St., Savion
**Dori Manor Director Chairman of companies in the motor vehicle
18 Hareches St., Savion sector of the David Lubinski Ltd. Group.
Adiel Rosenfeld Director Representative in Israel of Aktiva group.
42 Ha'Alon St., Timrat 23840, Israel
Zvi Livnat, Co-Chief Executive Co-Chief Executive of Clal Industries and
3 Azrieli Center, the Triangular Tower 45th Investments Ltd.
floor, Tel Aviv 67023, Israel
Nitsa Einan, Vice President and General General Counsel of Clal Indistries and
3 Azrieli Center, the Triangular Tower 45th Counsel. Investments Ltd.
floor, Tel Aviv 67023, Israel
28
Yehuda Ben Ezra Comptroller. Comptroller of Clal Industries and
3 Azrieli Center, the Triangular Tower 45th Investments Ltd.
floor, Tel Aviv 67023, Israel
Gonen Bieber,*** Vice President and Financial Financial Manager of Clal Industries and
3 Azrieli Center, the Triangular Tower 45th Manager. Investments Ltd.
floor, Tel Aviv 67023, Israel
Guy Rosen, Vice President Vice President of Clal Industries and
3 Azrieli Center, the Triangular Tower 45th Investments Ltd.
floor, Tel Aviv 67023, Israel
Boaz Simons, Vice President Vice President of Clal Industries and
3 Azrieli Center, the Triangular Tower 45th Investments Ltd.
floor, Tel Aviv 67023, Israel
lan Amit, Internal Auditor Internal Auditor of Clal Industries and
3 Azrieli Center, the Triangular Tower 45th Investments Ltd.
floor, Tel Aviv 67023, Israel
* British Citizenship
** Israeli and French Citizenship
*** Dual Citizenship of Israel and the Republic of Germany.
29
Schedule D
Directors and Executive Officers
Of
CLALIT FINANCE & INVESTMENTS LTD.
(as of September 23, 2007)
Executive Officers: None
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Haim Tabouch Director Vice President and Comptroller of IDB
3 Azrieli Center, The Triangular Tower, Development; Comptroller of IDB Holding
45th floor, Tel-Aviv 67023, Israel
30
Schedule E
Directors and Executive Officers
of
RDC RAFAEL DEVELOPMENT CORPORATION LTD.
(as of September 20, 2007)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Arie Mintekevich Chairman of the Chairman of Elron.
3 Azrieli Center, The Triangular Tower, 44th Board of Directors
floor, Tel-Aviv 67023, Israel
Raanan Cohen Director CEO of Koor.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Avishai Friedman Director Chief Executive Officer of RDC.
Yoqneam Industrial Park, Building 7, Yoqneam
20600, Israel
David Vaish Director Vice President for Finance & Chief Financial
Rafael, Haifa, Israel Officer of Rafael Armament Development Authority
Ltd.
Yedidya Yaari Director President & Chief Executive Officer of Rafael
Rafael, Haifa, Israel Armament Development Authority Ltd.
Doron Birger Director President & Chief Executive Officer of Elron.
3 Azrieli Center, The Triangular Tower 42nd
floor, Tel-Aviv 67023, Israel
Rinat Remler Director Vice President, Chief Financial Officer of Elron.
3 Azrieli Center, The Triangular Tower 42nd
floor, Tel-Aviv 67023, Israel
Yair Cohen Director Vice President of Elron.
3 Azrieli Center, The Triangular Tower 42nd
floor, Tel-Aviv 67023, Israel
Luva Drori Director Corporate Vice President, Business Development &
Rafael, Haifa, Israel Marketing of Rafael Armament Development
Authority Ltd.
Moshe Meir (Miara) Director Director, Subsidiary Companies of Rafael Armament
Rafael, Haifa, Israel Development Authority Ltd.
Ofir Gomeh Chief Financial Chief Financial Officer of RDC.
Yoqneam Industrial Park, Building 7, Yoqneam Officer
20600, Israel
31
Schedule F
Directors and Executive Officers
o f
ELRON ELECTRONIC INDUSTRIES LTD.
(as of September 20, 2007)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Arie Mientkavich Chairman of the Chairman of Elron; Deputy Chairman of Gazit
3 Azrieli Center, The Triangular Tower, 42nd Board of Directors Globe Ltd and Chairman of Gazit Globe Israel
floor, Tel-Aviv 67023, Israel (Development) Ltd
Ami Erel Director President & Chief Executive Officer of DIC; Chief
3 Azrieli Center, The Triangular Tower, 44th Executive Officer of NetVision Ltd.
floor, Tel-Aviv 67023, Israel
Avraham Asheri Director Director of companies
12 Yoshpe Street, Apt. 7,
Mevasseret Zion 90805, Israel
Prof. Yair Be'ery Director Professor - Department of Electrical Engineering,
6 Sweden Street, Tel Aviv University.
Petah Tikva 49317, Israel
Yaacov Goldman External Director Director of companies
39 Nachlieli Street,
Hod Hasharon 45355, Israel
Prof. Gabriel Barbash Director Director General of the Tel Aviv
14 Zisman Street, Sourasky Medical Center.
Ramat Gan 52521, Israel
Nochi Dankner Director Chairman and Chief Executive Officer of IDB
3 Azrieli Center, The Triangular Tower, 44th Holding; Chairman of IDB Development, DIC and
floor, Tel-Aviv 67023, Israel Clal Industries and Investments Ltd.; Director of
companies.
Avi Fischer Director Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.
Shay Livnat Director President of Zoe Holdings Ltd.
26 Shalva Street, Herzlia Pituach 46705,
Israel
Dori Manor (*) Director Chief Executive Officer of companies in the motor
18 Hareches Street, Savion 56538, Israel vehicle sector of the David Lubinski Ltd. group.
Ari Bronshtein Director Vice President of DIC
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Arie Ovadia Director Advisor and Director of companies
Harav Amiel 10,
Tel Aviv, 62223, Israel
32
Amos Shapira Director Chief Executive Officer of Cellcom Israel Ltd.
Hagavish Street
Industrial Zone, Poleg, Netanya
42140, Israel
Tida Shamir Director Attorney
3a Jabotinsky Street
Ramat Gan 52520
Doron Birger President and Chief President and Chief Executive Officer of Elron.
3 Azrieli Center, The Triangular Tower, 42nd Executive Officer
floor, Tel-Aviv 67023, Israel
Moshe Fourier Vice President and Vice President and Chief Technology Officer of
3 Azrieli Center, The Triangular Tower, 42nd Chief Technology Elron.
floor, Tel-Aviv 67023, Israel Officer
Rinat Remler Vice President, Vice President, Chief Financial Officer of Elron.
3 Azrieli Center, The Triangular Tower, 42nd Chief Financial
floor, Tel-Aviv 67023, Israel Officer
Assaf Topaz Vice President Vice President of Elron.
3 Azrieli Center, The Triangular Tower, 42nd
floor, Tel-Aviv 67023, Israel
Yair Cohen Vice President Vice President of Elron
3 Azrieli Center, The Triangular Tower, 42nd
floor, Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France.
33
Schedule G
Directors and Executive Officers
o f
ECI TELECOM LTD.
(as of September 20, 2007)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Micha Anghel External Director Director, Partner Communications Co. Ltd.,
4 Efter Street, PowerDsine Ltd., Scopus Video Networks Ltd. and
Tel-Aviv 69362, ISRAEL Syneron Medical Ltd.; Chairman of the Board,
Tel- Aviv University Executive Program
Raanan Cohen Director Chief Executive Officer of Koor Industries Ltd.; Vice
Koor Industries Ltd. President of Discount Investment Corporation Ltd.
3 Azrieli Center,
The Triangular Tower, 44th floor,
Tel-Aviv 67023, ISRAEL
Eyal Desheh Director Executive Vice President and Chief Financial Officer,
Checkpoint Software Technologies Ltd. Checkpoint Software Technologies Ltd.
3a' Jabotinsky Street, 24th floor
Ramat-Gan 52520, ISRAEL
Shlomo Dovrat Chairman of the Board Chairman of the Board of ECI; Founder and General
Carmel Ventures Software Fund Partner, Carmel Software Funds and Carmel Ventures L.P.
Delta House
16 Abba Eban Ave., 1st floor
Herzliya 46725, ISRAEL
Yochi Dvir External Director Director, Menorah Insurance Company Ltd. (Chairman
15 Amirim Street Audit and Investment Committees), Strauss-Elite Ltd.
Tel-Aviv, ISRAEL (Chairman Financial, Audit and Remuneration Committees),
Israel Corporation Ltd. (Chairman Audit Committee), Trendline
Busienss Information & Communications Ltd. (Chairman Audit
Committee); Private Business Consultant; Va'Ad Hapoel Haifa
University (Chairman Investment Committee)
Craig Ehrlich Director Chairman, GSM Association
Asia Pacific Center
8 Wyndham Street, Room 701
Central Hong Kong SAR
CHINA (CITIZENSHIP - USA)
Avi Fischer Director Executive Vice President of IDB Holding Corporation
3 Azrieli Center, Ltd.; Deputy Chairman, IDB Development Corporation
The Triangular Tower, 45th floor, Ltd.; Co-Chief Executive Officer, Clal Industries and
Tel-Aviv 67023, ISRAEL Investments Ltd.
Colin Green Director Former Group Commercial Director and Secretary, British
9 St. Leonard's Road Telecommunications plc.
Surbiton, Surrey KT6 4DE
UNITED KINGDOM
Jonathan Kolber Director Chairman of the Board, Koor Industries Ltd.
Koor Industries Ltd.
3 Azrieli Center
Triangular Tower
Tel-Aviv 67023, ISRAEL
Niel Ransom Director Former Chief Technology Officer, Alcatel
Ransomshire Associates, Inc.
400 Wellspring Farms Lane
Rolesville NC 27571
U.S.A
Casimir Skrzypczak Director Former Senior Vice President - Customer Advocacy at Cisco
90 Oxford Road Systems, Inc.
Rockville Center
New York 11570
U.S.A.
Gerd Tenzer Director Former Deputy Chairman of the Board of Management,
Lindenweg 8 Deutsche Telekom AG
D53545 Linz am Rhein
GERMANY
34
Itzik Zion
ECI Telecom Ltd. Executive Vice President Executive Vice President and Chief Financial Officer,
30 HaSivim Street and Chief Financial Officer ECI Telecom Ltd.
Petach Tikva 49517
ISRAEL
Avi Cohen Executive Vice President Executive Vice President and Chief Operating Officer,
ECI Telecom Ltd. and Chief Operating Officer ECI Telecom Ltd.
30 HaSivim Street
Petach Tikva 49517
ISRAEL
Ido Gur Executive Vice President, Executive Vice President, Global Sales and Marketing,
ECI Telecom Ltd. Global Sales and Marketing ECI Telecom Ltd.
30 HaSivim Street
Petach Tikva 49517
ISRAEL
Atzmon Lifshitz Corporate Vice President, Corporate Vice President, Human Resources, ECI Telecom Ltd.
ECI Telecom Ltd. Human Resources
30 HaSivim Street
Petach Tikva 49517
ISRAEL
Rafi Maor President and Chief President and Chief Executive Officer, ECI Telecom Ltd.
ECI Telecom Ltd. Executive Officer
30 HaSivim Street
Petach Tikva 49517
ISRAEL
Dror Nahumi Executive Vice President Executive Vice President and Chief Strategy Officer,
ECI Telecom Ltd. and Chief Strategy Officer ECI Telecom Ltd.
30 HaSivim Street
Petach Tikva 49517
ISRAEL
Amnon Shachar Corporate Vice President, Corporate Vice President, Global Resources, ECI Telecom Ltd.
ECI Telecom Ltd. Global Resources
30 HaSivim Street
Petach Tikva 49517
ISRAEL
Eyal Shaked Executive Vice President Executive Vice President and General Manager, Optical
ECI Telecom Ltd. and General Manager, Networks Division, ECI Telecom Ltd.
30 HaSivim Street Optical Networks
Petach Tikva 49517
ISRAEL
Anthony Scarfo Executive Vice President Executive Vice President and General Manager, Data
ECI Telecom DND, Inc. and General Manager, Data Networking Division, ECI Telecom Ltd.
Omega Corporate Center Networking
1300 Omega Drive
Pittsburgh, PA 15205
U.S.A.
35
Schedule H
Directors and Executive Officers
o f
DISCOUNT INVESTMENT CORPORATION LTD.
(as of September 20, 2007)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB
3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and
floor, Tel-Aviv 67023, Israel Clal Industries and Investments Ltd.; Director of
companies.
Zehava Dankner Director Member of the executive committee of the
64 Pinkas Street, Tel Aviv 62157, Israel Beautiful Israel Council.
Zvi Livnat Director Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.
Avi Fischer Director Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.
Refael Bisker Director Chairman of Property and Building Corporation Ltd.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Jacob Schimmel Director Director of UKI Investments.
17 High field Gardens, London W11 9HD, United
Kingdom
Shaul Ben-Zeev Director Chief Executive Officer of Avraham Livnat Ltd.
Taavura Junction, Ramle 72102, Israel
Eliahu Cohen Director Chief Executive Officer of IDB Development.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Gideon Lahav Director Director of companies.
124 Ehad Ha-Am Street, Tel-Aviv 65208, Israel
Moshe Arad External Director Director of companies.
14 Shay Agnon Street, Jerusalem 92586, Israel
Gideon Dover External Director Chief Executive Officer and director of Dover
11 Hamaalot Street, Herzlia B 46583, Israel Medical and Scientific Equipment Ltd.
Niv Ahituv, Prof. External Director Professor in the faculty of business management,
Business Management Faculty, Recanati Tel Aviv University
Building, Tel Aviv University, Tel Aviv
69978, Israel
Isaac Manor (*) Director Chairman of companies in the motor vehicle sector
26 Hagderot Street, Savion 56526, Israel of the David Lubinski Ltd. group.
Dori Manor (*) Director Chief Executive Officer of companies in the motor
17, KEREM HAZEITIM STREET, SAVION 56536, vehicle sector of the David Lubinski Ltd. group.
ISRAEL
Adiel Rosenfeld Director Representative in Israel of the Aktiva group.
42 Ha'Alon Street, Timrat 23840, Israel
36
Ami Erel President and Chief President and Chief Executive Officer of DIC.
3 Azrieli Center, The Triangular Tower, 44th Executive Officer
floor, Tel-Aviv 67023, Israel
Oren Lieder Senior Vice Senior Vice President and Chief Financial Officer
3 Azrieli Center, The Triangular Tower, 44th President and Chief of DIC.
floor, Tel-Aviv 67023, Israel Financial Officer
Raanan Cohen Vice President Vice President of DIC; Chief Executive Officer of
3 Azrieli Center, The Triangular Tower, 44th Koor Industries Ltd.
floor, Tel-Aviv 67023, Israel
Ari Bronshtein Vice President Vice President of DIC.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Michel Dahan Vice President and Vice President and Comptroller of DIC.
3 Azrieli Center, The Triangular Tower, 44th Comptroller
floor, Tel-Aviv 67023, Israel
Itzhak Ravid, CPA Internal Auditor Managing Partner of Raveh-Ravid & Co., Accountants
32 A HaBarzel St.
Tel Aviv 69710
(*) Dual citizen of Israel and France
37
Schedule I
Directors and Executive Officers
of
IDB Development Corporation Ltd.
(as of September 20, 2007)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB
3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and Clal
floor, Tel-Aviv 67023, Israel Industries and Investments Ltd.; Director of
companies.
Zehava Dankner Director Member of the executive committee of the Beautiful
64 Pinkas Street, Tel Aviv 62157, Israel Israel Council.
Avi Fischer Deputy Chairman of Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th the Board of Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Directors Officer of Clal Industries and Investments Ltd.
Zvi Livnat Deputy Chairman of Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th the Board of Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Directors Officer of Clal Industries and Investments Ltd.
Refael Bisker Director Chairman of Property and Building Corporation Ltd.;
3 Azrieli Center, The Triangular Tower, 44th Chairman of Super-sol Ltd.
floor, Tel-Aviv 67023, Israel
Jacob Schimmel Director Director of UKI Investments.
17 High field Gardens, London W11 9HD, United
Kingdom
Shay Livnat Director President of Zoe Holdings Ltd.
26 Shalva Street, Herzlia Pituach 46705,
Israel
Eliahu Cohen Director and Chief Chief Executive Officer of IDB Development.
3 Azrieli Center, The Triangular Tower 44th Executive Officer
floor, Tel-Aviv 67023, Israel
Isaac Manor (*) Director Chairman of companies in the motor vehicle sector
26 Hagderot Street, Savion 56526, Israel of the David Lubinski Ltd. group.
Dori Manor (*) Director Chief Executive Officer of companies in the motor
18 Hareches Street, Savion 56538, Israel vehicle sector of the David Lubinski Ltd. group.
Abraham Ben Joseph Director Director of companies.
87 Haim Levanon Street, Tel-Aviv 69345, Israel
38
Amos Malka External Director Chairman of Albar Mimunit Services Ltd.
18 Nahal Soreq Street, Modi'in 71700, Israel
Dr. Yoram Margalioth External Director Senior lecturer (expert on tax laws) at the
16 Ha'efroni Street, Raanana 43724, Faculty of Law in the Tel Aviv University.
Israel
Irit Izakson Director Director of companies.
15 Great Matityahou Cohen Street, Tel-Aviv
62268, Israel
Lior Hannes Senior Executive Senior Executive Vice President of IDB Development;
3 Azrieli Center, The Triangular Tower, 44th Vice President Chief Executive Officer of IDB Investments (U.K.) Ltd.
floor, Tel-Aviv 67023, Israel
Dr. Eyal Solganik Executive Vice Executive Vice President and Chief Financial
3 Azrieli Center, The Triangular Tower, 44th President and Chief Officer of IDB Development; Chief Financial
floor, Tel-Aviv 67023, Israel Financial Officer Officer of IDB Holding.
Ari Raved Vice President Vice President of IDB Development.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Haim Gavrieli Vice President Vice President of IDB Development.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Haim Tabouch Vice President and Vice President and Comptroller of IDB Development;
3 Azrieli Center, The Triangular Tower, 44th Comptroller Comptroller of IDB Holding.
floor, Tel-Aviv 67023, Israel
Inbal Tzion Vice President and Vice President and Corporate Secretary of IDB
3 Azrieli Center, The Triangular Tower, 44th Corporate Secretary Development; Corporate Secretary of IDB Holding.
floor, Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France.
39
Schedule J
Directors and Executive Officers
of
IDB Holding Corporation Ltd.
(as of September 20, 2007)
Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION
-------------- -------- ----------------------------
Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB
3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and
floor, Tel-Aviv 67023, Israel and Chief Executive Clal Industries and Investments Ltd.; Director of
Officer companies.
Isaac Manor (*) Deputy Chairman of Chairman of companies in the motor vehicle sector
26 Hagderot Street, Savion 56526, Israel the Board of of the David Lubinski Ltd. group.
Directors
Arie Mientkavich Vice Chairman of Chairman of Elron; Chairman of Clal Tourism Ltd.; Deputy
14 Betzalel Street, the Board of Chairman of Gazit-Globe Israel (Development) Ltd.
Jerusalem 94591,Israel Directors
Zehava Dankner Director Member of the executive committee of the
64 Pinkas Street, Tel Aviv 62157, Israel Beautiful Israel Council.
Lior Hannes Director Senior Executive Vice President of IDB Development;
3 Azrieli Center, The Triangular Tower, 44th Chief Executive Officer of IDB Investments (U.K.) Ltd.
floor, Tel-Aviv 67023, Israel
Refael Bisker Director Chairman of Property and Building Corporation Ltd.;
3 Azrieli Center, The Triangular Tower, 44th Chairman of Super-sol Ltd.
floor, Tel-Aviv 67023, Israel
Jacob Schimmel Director Director of UKI Investments.
17 High field Gardens, London W11 9HD, United
Kingdom
Shaul Ben-Zeev Director Chief Executive Officer of Avraham Livnat Ltd.
Taavura Junction, Ramle 72102, Israel
Eliahu Cohen Director Chief Executive Officer of IDB Development.
3 Azrieli Center, The Triangular Tower, 44th
floor, Tel-Aviv 67023, Israel
Dori Manor (*) Director Chief Executive Officer of companies in the motor
18 Hareches Street, Savion 56538, Israel vehicle sector of the David Lubinski Ltd. group.
Meir Rosenne Director Attorney.
8 Oppenheimer Street, Ramat Aviv,
Tel Aviv 69395, Israel
Shmuel Lachman External Director Information technology consultant
9A Khilat Jatomir Street,
Tel Aviv 69405, Israel
40
Zvi Dvoresky External Director Manager of a company involved in the real
12 Ha-rofe Street, estate business
Haifa 34366, Israel
Zvi Livnat Director and Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th Executive Vice Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel President Officer of Clal Industries and Investments Ltd.
Avi Fischer Executive Vice Executive Vice President of IDB Holding; Deputy
3 Azrieli Center, The Triangular Tower, 45th President Chairman of IDB Development; Co-Chief Executive
floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd.
Dr. Eyal Solganik Chief Financial Chief Financial Officer of IDB Holding; Executive
3 Azrieli Center, The Triangular Tower, 44th Officer Vice President and Chief Financial Officer of IDB
floor, Tel-Aviv 67023, Israel Development.
Haim Tabouch Comptroller Comptroller of IDB Holding; Vice President and
3 Azrieli Center, The Triangular Tower, 44th Comptroller of IDB Development.
floor, Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France.
41