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October 31, 1997 - Image 151

Resource type:
Text
Publication:
The Detroit Jewish News, 1997-10-31

Disclaimer: Computer generated plain text may have errors. Read more about this.

Does Anyone Have Three Pedestals We Can Borrow'?

'98 LS400, NEW & IMPROVED '98 ES 300

i

-Tecnomatix Buys
German Company

Jerusalem (JPFS) — Tecnomatix
Technologies Ltd., a Herzliya-based
developer of computer software used
in the making of cars, airplanes, and
devices for heavy industry,
,announced that it acquired AESOP
Angewandte EDV-Systeme fur
Optimierung, a private company
based in Stuttgart, Germany, for
$9.1 million.
AESOP develops and markets sim-
ulation software designed for manu-
facturing plants.
The acquisition will help
Tecnomatix to break into the
advanced planning and scheduling
market, Beit-On said.
The acquisition is expected to result
in a one-time write-off for in-process
R&D of approximately $7-8 million.
The charge will be recorded in the
fourth quarter.
Tecnomatix's computer-aided pro-
duction engineering software products
low the creation of virtual machines
and production of equipment models,
which can be interactively arranged
into a virtual manufacturing line, and
manipulated to perform on-screen
rr_anufacturing activities.










Vehicle Skid Control
Traction Control
Dual Climate Control
Heated Seats
In-Dash CD
Power Moonroof
290 H.P.
Much More

sing.
$799 .*

cap cost reduction

• Vehicle Skid Control
• Front Wheel Drive
• In-Dash CD Changer
• Power Moonroof
• Heated Seats
• Traction Control
• Alloy Wheels
• Leather Seats w/Memory

$459

w/$5000 refundable
security deposit

w/$500 refundable
security deposit

w/$5000 refundable
security deposit

28 MOS. $515 ** w/$500 refundable

"0" cap cost reduction

security deposit

IT'S ARRIVED!
THE ALL NEW '98 GS 300 & GS 400

INTRODUCTION PRICE







39,350

Leather
Power Moonroof
Memory Seats
Automatic Trans.
Other Options Available

The most exciting combination of Luxury, Performance, Safety and Value LEXUS has ever built.

*28 mo. lease on ES300 based on approved credit. Plus tax, title, plate, $5000 refundable security deposit, S450 acq. fee and doc. fee due at inception.
"$500 refundable security deposit.

*48 mo. lease on LS 400 based on approved credit. Plus tax, title, plate, $5000 refundable security deposit, $450 acq. fee and doc. fee due at inception.
**$500 refundable security deposit. Expires 11/8/97.

Claridge Completes
'Koor Takeover

Jerusalem (JPFS) — The Claridge
group's holdings in Koor Industries
would reach about 37 percent after
swapping its stake in ECI Telecom in
return for Koor shares, Claridge
President Jonathan Kolber told a press
conference.
The meeting marked the group's
cCmpletion of the purchasing of the
control stake in Israel's largest holding
company. Claridge now holds 25 per-
, cent of Koor, including the stake it
bought from Shamrock Holdings and
additional shares bought on the mar-
ket.
Kolber said the group might buy a
few more percent of Koor shares, but
denied rumors that it was negotiating
with Bank Leumi for the purchase of
zthe bank's stake in Koor.
Earlier, the two companies said
they were considering a swap of
Koor shares in exchange for
C'Asidge's 10.4 percent stake in ECI.
Koor's CEO Benny Gaon added that
Koor is now interested in raising its
stake in ECI.

FREE PICK UP
& DELIVERY

"WE DELIVER ANYWHERE"

Call 1-800-LEXUS-4U

FREE LEXUS
LOAN CARS

www.lexusoflansing.com

(539-8748)
5701 S. PENNSYLVANIA, LANSING • Exit 104 Cedar St. off 1-96, 3 Blks N. on Penn

LOCATED IN
THE ORCHARD MALL
6385 ORCHARD LAKE ROAD
AT MAPLE
WEST BLOOMFIELD 48322

248.855.4488

MONDAY - TUESDAY ,
WEDNESDAY
FRIDAY - SATURDAY
10AM - 5:30 PM
THURSDAY 10 AM - 8 PM



Items Under $25 Excluded.



10/31
1997

151

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