To All of My Clients, Friends and Family... In appreciation for your continued support and patronage during this past year, I want to extend wishes for a new year filled with good health, much happiness and prosperity. Brad Silverstein Vice•President Office: 810-647•1199, ext. 284 Pager 810.903-4454 World Wide Financial „..:A tA.k:: x:.. -- 1:%::: R..•: C. -,. =;: : ws-l.k. Strauss, Unilever Sign A Merger safeguarding businessmen, in- formation, and commercial and shopping centers, Israeli compa- nies can contribute to a growing international industry and in- crease exports. Jerusalem — Strauss Dairies and the Dutch-English concern Unilever signed a merger agree- ment recently which gives the multinational giant 50 percent of Strauss Ice Cream, a Strauss subsidiary that was set up for purposes of the merger. Jerusalem — Tivall is negotiat- "Both sides will enjoy signifi- ing with local and foreign food cant advantages," Unilever rep- manufacturers to develop and resentative David Parker said at produce frozen vegetable prod- the signing, which took place at ucts, Dan Propper, chairman of Strauss' headquarters in Na- Tivall and manager of its parent hariya. company Osem said. "Strauss will gain from Mr. Propper said the frozen Unilever's advanced technologi- vegetable products will be sold cal know-how and use of Unilever under the Assis brand label. group brand names, while "With the addition of frozen Unilever will have immediate ac- vegetables, Tivall will have a cess to one of the largest ice complete line of frozen-food prod- cream markets in the region." uct,s, including vegetarian, meat Strauss general manager and vegetable goods," said Mr. Michael Strauss said he is con- Propper. vinced the partnership will turn Tivall general manager Gazy the firm from a regional compa- Kaplan said the company plans ny into an international one. "The to manufacture products that are cooperative agreement with not yet available on the local mar- Unilever is part of the Strauss ket. "We do not want to become group's strategic plan and is a co- a leader in the frozen vegetable operation between two strong market. We simply want to gain companies," he said. a share of the market," he said. Mr. Strauss will serve as board Mr. Kaplan added Tivall plans chairman of the new company. to introduce a new range of prod- Unilever has indicated it may ucts based on vegetables next send a few managers to work month at the Anuga food festival with the new company, but the in Cologne. general structure will be simi- lar to Strauss' former ice-cream division. Strauss Ice Cream will con- tinue to manufacture Strauss and Whitman products as well as products jointly developed with Jerusalem — Bank Leumi and the Japanese Daiwa Institute of Unilever. Research signed a cooperation agreement, marking the first time an Israeli bank has signed an agreement of this kind with a Japanese financial company. Daiwa Institute is a subsidiary Jerusalem — Some 100 compa- of Daiwa Securities, the second- nies specializing in security and largest investment bank in Japan civil defense equipment partici- and one of the leading investment pated in the ninth annual secu- banks worldwide, with more than rity exhibition at the Tel Aviv 10,000 workers. The group has a Exhibition grounds. shareholders equity of about $9 The exhibition, organized by billion. Sigma Team together with the Export Institute, was attended by visitors from 25 countries, in- cluding senior officers from secu- rity services and police from Nigeria, India, and Fiji. Israel, said Sigma's Ze'ev Information Storage Devices of Omer, has the potential of be- California has signed a letter of coming the Middle East's civil se- intent with M-SystemsFlash curity center and plans are under Disk Pioneers to license certain way to make the exhibition an in- technologies and other assets from both M-Systems and sub- ternational yearly event. Companies displayed sophis- sidiary Eurom. The proposed pur- ticated closed-circuit TV systems, chase price is estimated at $10.4 safes, electronic gates and fences, million. ISD intends to establish a sub- magnetic identity cards, ma- chines for detecting wiretapping sidiary, ISD Israel, which would devices, intercom systems, per- purchase Eurom's assets relating sonal protection clothing, telesys- to voice recording chip technolo- gy, hire Eurom's personnel and tems and others. The organizers said that in purchase certain technology c—rialitg_frnm TVF-Svcfp.mc Tivall Markets Frozen Veggies Leumi, Daiwa Sign Agreement Ninth Annual Security Exhibit Technology Agreement Made "We create solutions."e VISIT ONE OF OUR LOCATIONS NEAR YOU OR CALL OUR TELEBANKING CENTER AT (810) 355-2400 TODAY! LLJ LJ_I BERKLEY Todd Hegler (810) 546-2590 SOUTHFIELD Kevin Swords (810) 355-9831 CC H- LLJ LU B • imis ,,,„ EPD ERS CrE y ri . J E . rgo l'INi/ENF 4 A F s E,CRTp D E, .) 1 0: SIII R I:i'TGESM I 2 pEBR A BIRMINGHAM Norm Lining (810) 646 8787 WEST BLOOMFIELD Greg Kane (810) 855-6644 - 2. 115I RNAcTlEtUUNEIJAEICILro CHANGE WITHOUT NOTICE. "PENALTY FOR EARLY WITHDRAWAL *S2500 MINIMUM BALANCE