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Dr. Shlomo Margalit a founder of the Company has been Chairman of the Board of Directors and Chief Technical Officer since the Company’s inception in July 1988. From May 1985 to July 1988 Dr. Margalit served as a founder and Vice President of Research and Development for LaserCom Inc. (LaserCom) a manufacturer of semiconductor lasers. From 1982 to 1985 Dr. Margalit served as a Senior Research Associate at the California Institute of Technology (Caltech) and from 1976 to 1982 a Visiting Associate at Caltech. From 1972 to 1982 Dr. Margalit served as a faculty member and Associate Professor at the Technion. During his tenure at the Technion Dr. Margalit was awarded the Israel Defense prize for his work in developing infrared detectors for heat guided missiles and the David Ben Aharon Award for Novel Applied Research. Dr. Margalit holds a Bachelor of Science degree a Masters degree and a Ph.D. in Electrical Engineering from the Technion. | 