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An independent director has served as a director since March 1997. Since January 2006 Mr. Bannit has served as Chief Executive Officer of YDesign Ltd. a company involved in the development of consumer products. Mr. Bannit is a member of the board of directors of Nano-OR Technology Ltd. and Tidex Systems Ltd. From July 2005 until January 2006 Mr. Banitt was self-employed providing consulting services in marketing primarily in the PCB market. From August 2001 until July 2005 Mr. Banitt served as chief executive officer of Nano-OR Ltd. an Israeli start-up company engaged in the development of electro-optics systems. Prior to joining Nano-OR Technology Ltd. and from January 2001 Mr. Banitt was self-employed. From September 1997 until January 2001 Mr. Banitt served as President of Exsight Electro Optical Systems Ltd. an Israeli start-up company engaged in the development of electro-optics systems for the printed circuit boards industry. From 1993 until 1997 Mr. Banitt served as general manager of Nitzanim Initiative Center. From 1992 until 1985 Mr. Banitt served as Vice President of Marketing of Optrotech Ltd. an Israeli company that provides optical inspection systems to the PCB industry. Mr. Banitt holds a B.Sc. degree in Electronics Engineering from Tel Aviv University. | 