November 2011 Maryland/Israel Trade News

IN THIS ISSUE
MIDC News
Maryland News
Israel News
New Members

Upcoming Events

MIDC Annual Holiday Networking Reception

Tuesday, December 13, 2011
5:30-7:30 p.m.
University of Maryland BioPark
801 West Baltimore, Baltimore

Featuring remarks by E. Albert Reece, MD, PhD, MBA,
Vice President for Medical Affairs, University of Maryland, and
John Z. and Akiko K. Bowers Distinguished Professor and
Dean, University of Maryland School of Medicine

Register Now>>

MIDC 2011-2012 Speaker Series

Thursday, January 12, 2012
5:30 p.m.
Johns Hopkins University

Featuring Dr. Orna Berry, former Chief of Scientist of Israel, Vice President and Manager for the Center of Excellence for Israel

Register Now>>

Investors Mission to Israel

January 15-22, 2012

Join the MIDC Investors Mission to explore promising investment opportunities among Israel’s creative entrepreneurial class of talented scientists and engineers and learn the role that Maryland plays in supporting one of the world's strongest startup arenas. Determine if an Israeli investment makes sense for you.

Learn more>>

MIDC in the News

MIDC Welcomes Preferred Provider Gorfine, Schiller & Gardyn, P.A.

For over 75 years, Gorfine, Schiller & Gardyn, P.A. (GSG) has met the needs of its customers with innovative expertise in complex financial solutions. A Maryland-based full-service certified public accounting firm, GSG offers a wide range of tax, accounting and consulting services to clients of all sizes.

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Maryland News

In Memory: Dr. Kenneth Johnson

The board and staff of the Maryland/Israel Development Center mourn the recent passing of Dr. Kenneth P. Johnson, longtime head of neurology at the University of Maryland-Baltimore.

Dr. Johnson joined representatives of international pharmaceutical giant Teva at the UMB BioPark on February 24, 2011 to talk about advances in the treatment of the autoimmune disease Multiple Sclerosis (MS) that took place as a result of research at Israel's Weizmann Institute of Science and UMB. The event was sponsored by the Maryland/Israel Development Center.

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Israel News

Israeli Scientist and Former UMBC Visiting Professor Wins Nobel Prize in Chemistry

Israeli chemist Prof. Daniel Shechtman of The Technion/Israel Institute of Technology in Haifa was declared the winner of the 2011 Nobel Prize in Chemistry. The prize was awarded for Shechtman's discovery of the existence of quasi-crystals, which opened up a whole field of research, in which thousands of scientists currently work. Shechtman becomes the 10th Israeli to win the prestigious prize, and the fourth to win it in chemistry.

Dan Shechtman was a former visiting professor at UMBC. Shlomo Carmi, then Dean of the College of Engineering, recruited Shechtman in 1997, and the materials scientist remained a visiting professor at UMBC until 2005. During that time, Shechtman conducted some of the key research that led to the Nobel Prize at the National Institutes of Standards and Technology in nearby Gaithersburg.

Israel's Unemployment Rate Remains At 5.4%

Earlier this fall, the Central Bureau of Statistics announced that Israel's unemployment rate remained at 5.4 percent. The unemployment rate was 5.4 percent in June and 5.5 percent in May. It has fallen steadily from 6.1 percent in January. In the second quarter, the unemployment rate reached 5.5 percent, its lowest level since the early 1980s.

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August Sees Marked Rise in Israeli Car Imports

August recorded a sharp rise in the number of cars imported to Israel, according to Tax Authority figures. Some 23,643 private vehicles were imported last month, compared to 18,025 in August 2010 - a 31 percent rise.

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DOE and Israel Announce $3.1 Million in Cooperative Clean Energy Projects

The U.S. Department of Energy (DOE) highlighted a milestone in U.S.-Israel cooperation on clean energy technology. DOE and the Ministry of National Infrastructures of Israel (MNI) have selected four projects to receive $3.1 million under the 2011 Binational Industrial Research and Development (BIRD) Energy program. Each of the cooperative projects includes a U.S. and Israeli partner and addresses energy challenges and opportunities of interest to both countries, while focusing on commercializing clean energy technologies that improve our economic competitiveness, create jobs, and support innovative companies.

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Welcome, New Members!

(New members from September 1 to December 2011)

Individuals: Patrick Burke, Adam Edelman, Rob Frier and Jill Loris

Small Business: Orner and O’Brien: Tali Orner and Lynn O’Brien

Preferred Provider Members: Abba David Poliakoff, Lowell Herman, Ned Himmelrich and Searle Mitnick, Gordon, Feinblatt, Rothman, Hoffberger & Hollander, LLC; Irvin Flax, Gorfine, Schiller & Gardyn, P.A.; Rachel Joseph and Arthur Freed, PhD, LifeBridge Health; Neil Meltzer and Martha Nathanson, Sinai Hospital of Baltimore; Michael Schmeltzer and Al Camp, US Airways; Andrew Bertamini, Craig Gajewski, Elaine Batang, Michael Sontag and Stacy Berman, Wachovia, A Wells Fargo Company; Michael David, Alexander Koff, Howard Feldman and Ilana Subar, Whiteford Taylor Preston L.L.P.

Sponsors: Ohad Cohen and Gil Sela, The Embassy of Israel; Christian Johansson and Robert Walker, Maryland Dept. of Business & Economic Development; Marc B. Terrill, THE ASSOCIATED; Lynn Shapiro Snyder, Brad Thompson, Robert Wanerman and Ben Martin, Epstein Becker Green; Joseph Dahan and Hezi Zamir, Eldan Car Rental; Steve Silverman and Janis Pitts, Montgomery County Department of Economic Development and United Jewish Endowment of Greater Washington

ARE YOU A MEMBER OF MIDC? Gain access to leading Israeli and Maryland high-tech companies through networking events, dynamic speakers and more.