RESERVE YOUR SEA
ISRAEL
Crain s
DIGEST
Spedally compiled by Sy Manello
—$1 EQUALS 2.9520 NIS (shekels) - Close Price 714/95
11:30
Networking Reception
Cocktails
12:00
Lunch program,
. . :
Si
Biolon Syringe Is Approved.
Servations:
ease fill out the attached
form and fax to Detroit
Athletic Club Catering at
(313) 963-8891 or call
(313) 963-9200.
Johan Kriek is one of 012
tennis pros in the July MentadOnt
Champions Tour in Dearborn:;:;:.
Jerusalem -- Bio-Technology
General has announced that
BioLon, its ready-to-use sy-
ringe, has been approved in Eu-
rope by Medkal Device
Certification, an official body of
the European Union.
The approval will enable Bi-
oLon to bear the CE mark,
which means it can be mar-
keted in the European Union.
The company said the sy-
Cost:
$225 for a table of 10 or $25
for individual seats (includes
lunch, tax and tip).
Emceed by
Chuck S*.irsky,
WJR-AM SpO4Pirector
ringe contains a 1 percent so-
lution of sodium hyaluronate
for use in ophthalmic surgery
procedures.
Over the next few years, Bio-
Technology plans to capture 20-
30 percent of the market, which
is estimated at between $70
and $80 million. The company's
earnings from the sale of Bi-
oLon in Eumpe were $1.5
lion lait year.
Sponsored By:
I
Staffing Services -
EN
Company Name:
Detroit Athletic Club
Catering
241 Madison Ave.
Detroit, MI 48226
Phone: (
Luncheon Date(s):
Craft
Detroit
Business.
W jl 710 1L arn
or money order to:
Address:
America is going to work with us SM
■ SUPEFFMMOZI
Please send check
Name:
ARK OIStelt
Number of tickets:
METROPOUTAN DETROIT
CADRIAC DEALERS
Attn: Detroit Athletic Club Catering • Fax: (313) 963-8891
For general information about the Crain's Motor City Sports Club Luncheons,
please call Kassie Kretzschmar at Crain's (313) 446-6038
Proper attire is required at the Detroit Athletic Club please.
Koor Opens Burma Office
Jerusalem — Koor Industries,
through its subsidiary Koor
Trade, has decided to open an
official office in Burma to mar-
ket products manufactured by
Israeli firms.
■
A
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Over the last its office in
Bangkok, has increased its ex-
ports of communications and
agriculture products to Burma.
The company said Israel's ex-
port of industrial products to
Burma was about $25 million
in the last two months.
Koor Trade also announced
the opening of an office in Viet-
nam in response to the increase
in the country's import of agri-
culture and mdustrial products.
Koor general manager Benny
Gaon predicted the company's
business in the Far East would
eventually reach $100 million.
S Africa Imports On The Increase
Jerusalem — Israeli eq)orts to
South Africa increased 23 per-
cent in the first hslf of the year
compared with the corre-
sponding period last year,
Safto, the South African export
institute, announced.
Israel exported $150 million
worth of goods to South Africa
last year, mainly consisting of
potash,
. . polished diamonds, ir-
rigation equipment and secu-
rity systems.
Tetrad in Bell Project
Jerusalem Telrad will par- vices for interfacing VeriFone
ticipate in a project with Pacif- Transaction Automation sys-
ic Bell, CompuServe and tems with Pacific Bell's ISDN
VeriFone, a point-of-sales sys- line.
VeriFone will offer Digital
tems developer with a yearly
Xpress to merchants to speed
$310 million turnover.
The Digital Xpress project up payment and storeroom
makes use of Integrated Sys- management procedures. The
tem Digital Network technolo- ISDN communications proto-
gy (ISDN). Telracl will supply col will shorten credit card ver-
ISDN terminal adapters and ification time from 20-40
network communication de- seconds to 3-6 seconds.
Exports Show Distinct Rise
Jerusalem -- Exports soared in January and February.
in the past three months, as im-
Industrial exports, which
ports moderated, although the make up about one-third of in-
demand for imported consumer dustrial production, rose 59 per-
goods remained strong, Israel's cent after dropping 1 percent
Central Bureau of Statistics re- in the preceding two months.
ported.
Imports only increased 2.7
Exports, excluding dia- percent, as industrial machin-
monds, jumped 68 percent dur- ery and equipment imports fell
ing March through May a sharp 38 percent and indus-
compared to the previous two trial input imports rose 11 per-
months, after rising 5 percent cent.