Mr. Shemesh is the former Vice President of Finance and Control at Tadiran which is an industrial concern with a sales turnover of $1.2 billion and 7,000 employees. Until 1994, the Company’s primary activities were managed in the framework of manufacturing divisions, within the following segments: Civilian Telecommunications, Military Communications, Military & Civilian Electronic Systems, Computer Software and Consumer Appliances. Mr. Shemesh brings excellent corporate experience to their company board and will help to guide Elfi-Tech toward becoming a robust and profitable business.