Israeli Biotech Company Opens U.S. Headquarters in Maryland Core Dynamics Ltd. opened its new U.S. headquarters in Maryland last month. The company has developed innovative technology for the cryo-preservation [freezing and freeze-drying] of blood cells and tissues, a groundbreaking technology to extend the viability of cells and tissues for complicated medical procedures such as transplants and transfusions. CEO Martin Rosendale said, ìWith its abundance of biotech resources such as NIH and FDA right in our neighborhood, the state of Maryland is an excellent location for our U.S. headquarters.î Rosendale participated in the recent delegation visit of 16 Israeli life sciences companies to Maryland in March for their annual East Coast Life Sciences Road Show, which the MIDC, the Maryland Department of Business and Economic Development and the Government of Israel sponsored. MIDC Executive Director Barry Bogage said, ìWeíre very proud that Marylandís positive business climate and biotech strengths have once again been recognized by an Israeli company.î  MIDC Introduction Leads to Investment in Israeli Venture Fund
Beacon Global of Bethesda and The Trendlines Group of Israel signed a memorandum of understanding (MOU) for Beacon to invest in Trendlinesí venture capital fund. The MOU calls for Beacon to invest a portion of its fund into Israel through Trendlines and for Trendlines to search for promising emerging Israeli investment opportunities. The MIDC introduced the two companies. Charles Heller, Managing Director of Beacon Global said, ìThe Trendlines Group is one of Israelís premier business development firms with far reaching contacts in Israelís extensive technology community. We couldnít have found a better partner.î D. Todd Dollinger, Managing Partner of Trendlines said, ìWeíre proud to have Beacon Global and Charlie Heller as partners. Charlie has been a national leader in entrepreneurship, as a serial entrepreneur himself, investor, and Director -- now Chairman -- of the renowned Dingman Center of Entrepreneurship at the R.H. Smith School of Business at the University of Maryland. $350 Million Raised by Israeli High-Tech Companies in Q1 2005 The Israel Venture Capital Research Center (IVC) reports that in the first quarter of 2005, 102 Israeli high-tech companies raised $350 million from local and foreign venture investors. The amount was down four percent from the $366 million raised by 113 companies in the previous quarter but was eight percent higher than the $323 million raised by 111 companies in the first quarter of 2004. Communications attracted more capital than any other sector in Q1, reaching $120 million, or 34 percent of the total raised. Life science companies received 25 percent of the capital, attracting $87 million. Mid-stage companies have dominated capital raising for the past 11 quarters, while 14 seed companies captured nine percent of the total raised capital. For more information, visit www.ivc-online.com. 
 |  |  Exent Technologies
Exent Technologies is a leading provider of technology solutions for secure digital delivery of gaming and application software. The companyís technology enables broadband service providers (BSPs), consumer portals, retailers, publishers and developers, and Internet cafÈ chains to digitally distribute, manage and monetize digital gaming & applications services. Exent also provides a turnkey service and numerous professional services including integration, content facilitation & aggregation of gaming technologies. Among Exent's customers and partners are Yahoo!, Comcast, Bell Canada, Deutsche Telecom and a host of others. Exentís technology allows users to enjoy games developed by Vivendi-Universal, Eidos, Atari, Ubisoft, Microsoft and other leading gaming publishers. The company maintains its U.S. headquarters in Bethesda, MD. |
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†  Social Security Administration Expands Israeli Firmís Software Contract
Top Image Systems (TIS), a Tel Aviv based provider of enterprise solutions for managing and validating business content, has been awarded a contract extension valued at approximately $400,000 from the Maryland-based Social Security Administration, which has used its data capture software since 2000. TISís software solutions integrate different types of data from multiple sources, such as invoices, customer correspondence, forms, freight/shipping bills and purchase orders, and seamlessly delivers the extracted data to enterprise applications such as document and content management, ERP or CRM systems. By storing the application forms as digital images rather than as paper, the SSA has immediate, secured, on-line access to all the information with no need to deliver hard copies to various locations. In addition, application processing time is reduced, increasing efficiency and accuracy, at a significant cost savings. 20th Anniversary of US/Israel Free Trade Agreement April 2005 marked the 20th anniversary of the US/Israel Free Trade agreement (FTA), the first such agreement for the U.S, and the basis behind other free-trade agreements with international partners. Since signing the FTA, U.S. exports to Israel have grown from $1.8 billion to $6.9 billion, an increase of 207 percent. At the same time, U.S. imports from Israel have jumped from less than $2.2 billion in 1984, to more than $12.7 billion in 2003, an increase of 428 percent. The overall volume of trade between the two countries has risen 318 percent, from less than $4 billion in 1984 to more than $20 billion in 2004. The basis behind the FTA was to give American companies exporting to Israel an advantage over competitors by eliminating all trade tariffs. In addition, as one of only three countries with free trade agreements with both the United States and the European Community, Israel has acted as a bridge for international trade between America and Europe. Study USA 2005 Tour and Catalog Show The Access Eastern Mediterranean Program, offered by U.S. Commercial Service, presents recruitment opportunities for post-secondary U.S. educational service providers to attract students in the following regions: Israel, Egypt, Jordan, Lebanon, Turkey, West Bank/Gaza, and Morocco. Thousands of students from these areas study in the U.S. each year. Registration guarantees promotion of institutions in any combination of the seven markets, a proactive advertising and promotional campaign to students and being featured on the AEM website. Israelís scheduled dates of tour are September 29th-30th. Registration is due by August 31, 2005. For more information, or to register, visit www.buyusa.gov/easternmed/education.html. 
Follow the links under each listing to find out more
or to register for an event.
IN ISRAEL: June 4-6, 2005
Computax 2005
http://www.stier.co.il/SG_ENG/computax/main_com.htm June 20-23, 2005
Technology ñ The 18th International Exhibition for Technology Developments
http://www.israel-trade-fairs.com/technology/ June 22-24, 2005
Security Israel
http://www.securityisrael.com/frames/visitor_info.html September 3-8, 2005
International Federation Information Processing ñ IFIP November 1-3, 2005
FIS Technologies
http://www.stier.co.il/SG_ENG/Fis/main_fis.htm November, 2005
The 4th International Meeting on Intensive Cardiac Care
http://www.cardiac-care2005.com/ December, 2005
Environment 2005 ñ Exhibition for Environmental Technologies
http://www.environment-israel.com/home.html
IN THE MARYLAND REGION: June, 2005
Maryland Digital Government Summit
Annapolis, MD
http://www.govtech.net/events/ June 19-20, 2005
Bio 2005 Annual International Convention
Annapolis, MD
http://www.bio.org/events/2005/ June 28ñ30
AUVSI's Unmanned Systems North America 2005 Symposium & Exhibition
Baltimore Convention Center
Baltimore, Maryland
http://www.auvsi.org/symposium/ August 27-28, 2005
NBC4 Digital Edge Expo
Washington Convention Center
http://www.nbc4.com, attendance: 35,000 October 3-5
AUSAís Annual Meeting and Exposition
Washington Convention Center
Washington D.C.
https://www.ausa.org/www/ia.nsf December 7
National Guard Association of the U.S. 9th Annual Industry Day
National Guard Memorial Building
Washington D.C.
http://www.ngaus.org/industry/industryday05.asp
† For more information on any of these events,
please contact the Maryland/Israel Development Center.
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Copyright ©2005 Maryland/Israel Development Center ï 217 East Redwood Street ï Suite 1200
Baltimore, Maryland ï 21202 ï USA ï Ph: 410.767.0681 ï Fx: 410.333.4302 ï info@MarylandIsrael.org Israeli Office ï Trendlines ï Shorashim ï D.N. Misgav ï 20164 ï ISRAEL
Ph: 972-4-958-3323 ï FX: 972-4-958-3325 ï†postmaster@trendlines.com | 
