September 22, 2002 Issue 8.1   VOLUME 1 ISSUE 8  
CONTENTS
View from the Top
Powerful Agenda Set for October VITAL Summit in Virginia
RAD Group Chairman Zohar Zisapel to Speak at VITAL Summit
BioTech & Homeland Security Tracks Added to Summit
Exciting Post Incubation Israeli Companies to Present at the Summit
SatSmart Solutions to Present at VITAL
His Excellency Daniel Ayalon, Israel Ambassador to the United States

VITAL
Virginia Israel Tech Alliance

Joe Meredith, Ph.D.
1-540-961-3600 ext. 2013
meredith@vitalva.com

VITAL Co-Directors:
Ralph Robbins
1-703-481-7494
robbins@vitalva.com

VITAL

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VIAB’s Mission

-Promote Partnerships and Opportunities Between Companies in Virginia and Israel

-Help Maximize the Nearly 40 Incentives for Israeli Companies to do Business in Virginia

-Facilitate High-Level Connections Throughout Virginia and the Washington, D.C. Area

-Help Ensure an Israeli Company’s Success Once it is Established in Virginia

-Act as a Critical Interface for Israeli Companies with State and Local Officials

View from the Top
Trip to Israel Proves Time is Right for Summit
by Ralph Robbins

Ralph Robbins, Executive Director
I was part of a four-person delegation from Virginia that returned from Israel two weeks ago.  We were warned ahead of time that it wasn’t a good time to go to Israel.  We thought it was and we were right.  We went to prepare for the VITAL (Virginia Israel Tech Alliance) Summit that takes place on October 16-17, which is when we will officially launch the VITAL program.  We accomplished a lot on the trip: we participated in 65 business presentations, visited the Technion to discuss cooperative agreements, visited the Vulcani Institute to explore potential agricultural research with Virginia Tech, and met with key business leaders.  It was a very successful and rewarding trip.

Click Here to Register for the Summit

Based on what we saw, we came away convinced that the VITAL Summit (www.VitalVa.com) is exactly what's needed for the high tech market at this time.  VC’s will learn about new technologies presented by young (post incubator) Israeli companies seeking a foothold in the US through the proven infrastructure of the Virginia Tech Corporate Research Center.  Some of these technologies are quite amazing…


(Note: A previous mailing incorrectly stated the current position of the Honorable Daniel Ayalon.  He is the newly appointed Israeli Ambassador to the United States)

[Click Here for Full Story]
 
Powerful Agenda Set for October VITAL Summit in Virginia
Leading Post-Incubator Firms and Venture Capitalists Come Together in Roanoke
by Ben Merritt

The Virginia Israel Tech Alliance (VITAL), a new program designed to bolster Research & Development (R&D) initiatives underway in Israel today while encouraging economic growth throughout Virginia, announced more details concerning “The VITAL Business Summit,” which takes place October 16-17 at Virginia Tech and at the Hotel Roanoke and Conference Center.

The conference will highlight emerging markets in Israel, new cutting-edge technologies, and the environment that the Virginia Tech Corporate Research Center (VTCRC) offers to Israeli companies. It is a must-attend event for Virginia companies looking to develop successful business relationships with Israeli companies. The conference will provide two days of intense networking and conferences for Virginia companies and Israeli emerging growth companies, venture capitalists and state and education officials.

Those expected to speak include:
• Mr. Michael Schewel, Virginia secretary of trade and commerce
• Mr. Danny Ayalon, Israel Ambassador to the United States;
• Prof. Yoseph Ben Dak, executive vice president and chief scientist, Xybernaut; and
• Mr. Zohar Zisapel, an Israeli industrialist who has launched six companies currently listed on NASDAQ.
[Click Here for Full Story]
 
RAD Group Chairman Zohar Zisapel to Speak at VITAL Summit
Hugely Successful RAD Group Has Six Companies Listed on NASDAQ
by Fred Diamond

Zohar Zisapel, chairman of the RAD Group and one of Israel’s leading high-tech entrepreneurs, announced during meetings with VITAL directors in Israel that he plans to attend the October 16-17 VITAL Summit.   In partnership with his brother, Yehuda, the Rad Group has grown many companies from the incubator stage... with eight of them graduating to the NASDAQ, an accomplishment any company could marvel.   His company recently won the Israel Governement public tender for a major biotech incubator.   With Virginia's new emphasis as a biotech center for the World, Zisapel’s attendance will offer Virginia and Israel a first hand opportunity to examine how both can capitalize on eachother's strengths. This year’s event will be the first of its kind.

The very successful RAD Group is a family of independent companies that develop, manufacture and market solutions for diverse segments of the networking and telecommunications industry. RAD is headquartered in Tel Aviv and has offices around the world. Besides the NASDAQ companies, others are privately held by the Group's founders and several venture capital firms.

Zisapel will speak about how the RAD Group was built and offer timely advice on how Virginia companies can work with emerging tech firms in Israel to bring their best of breed technology to the US markets.
[Click Here for Full Story]
 
BioTech & Homeland Security Tracks Added to Summit
Demand Leads to Additional Sessions
by Fred Diamond

The VTCRC announced that two new tracks focusing on biotechnology and homeland security have been added to the October 16-17 VITAL Summit. The biotech/biomedical device track was added due to interest in Israel and the participation of the Carilion Biomedical Institute (CBI) in the VITAL Conference. Israeli manufacturers of biotech and biomedical products looking to enter the US will have a unique opportunity to meet with representatives of the CBI and other venture capitalists who specialize in biotechnology.

The CBI is a remarkable catalyst for far-reaching change. The Institute’s mission is to strengthen biomedical research at its partner universities by accelerating commercialization of research ideas into safe, superior healthcare products. By bringing together the worlds of academia, research, business, and community, the Institute creates positive changes in scientific research, the healthcare market, and patients’ lives.

Click Here to Register for the Summit

[Click Here for Full Story]
 
Exciting Post Incubation Israeli Companies to Present at the Summit
Green Clouds Ltd. Among Those Hand Picked to Participate
by Fred Diamond

The Israeli companies participating in the Summit were handpicked by the VITAL Executive Management Team.  One such example is Green Clouds Ltd.

Green Clouds has developed a technology that uses Ultrasonic waves to transform different  types of liquids into superfine Aerosols. Based on this technology, the company designs and manufactures innovative units called Ultasonic Aerosol Generators (UAG's). The UAGs are available in various configurations, different sizes and production capacities from 0.3 liter/hour to 100 liters/hour. The UAGs can be customized according to the client's  specifications and requirements. The technology and the UAGs are protected by three U.S. and International Patents. Green Clouds customers include a herbs and spices farm in the northern Negev, a shiitake mushroom farm in the center of Israel, and a pharmaceutical company in Jerusalem.


 
SatSmart Solutions to Present at VITAL
Combining Satellite, GPS and Internet for a Cost Effective System
www.sat-smart.com

Satellite Smart Solutions Ltd. specializes in satellite location and communication system development and sales of end –to-end telematics solutions and hardware, based on LEO satellite recreational boating and commercial transportation industries. SmartSat's "black box" means superior, more reliable, satellite technology delivered cost efficiently to end-users.
 

Brought to you by:

Virginia-Israel
Advisory Board
Office of the Governor

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VITAL IN THE NEWS

Globes: Israeli Press
Virginia-Israel Technology Alliance gets underway
by Ran Dagoni, July 30, 2002

The Roanoke Times
15 Israeli companies might soon be at Tech

by Paul Dellinger, July 25, 2002

ARCHIVE
Issue 7
August 5, 2002
Vol. 1 Issue 7
Issue 6 - VITAL Launch
June 26, 2002
Vol. 1 Issue 6
Issue 3
May 15, 2002
Vol. 1 Issue 3
E-Mail Alert
March 22, 2002
Vol. 1 Issue 3
Issue 2
March 18, 2002
Vol. 1
Issue 1
February 13, 2002
Vol. 1 Issue 1
 
For more info on the Virginia-Israel Advisory Board, visit www.viab.org or contact Ralph Robbins at robbins@viab.org or (703) 481-7494.
Published by Virginia-Israel Advisory Board
Copyright © 2002 Virginia Israel Advisory Board, Office of the Governor. All rights reserved.
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