U.S. Company Buys Teledata Jerusalem (JPFS) — ADC Telecom- munications, a U.S. maker of voice, video and data systems, announced that it has reached an agreement to buy Teledata Communications of Her- zliya for $200 million in cash, in a deal aimed at boosting ADC's access to international markets. Under the agreement, ADC, based in Minneapolis, Minn., is to pay $15.75 per share for all of Teledata's outstanding shares of stock and to convert outstanding Teledata stock options into ADC common stock options. Poalim Investment Co. is the ..743 largest sharehOlder in Teledata, with percent. Teledata is a maker of mid-sized digital loop carrier systems and has a range of customers in the international market, especially in Europe, the Mid- dle East, South Africa, Australia and Latin America. ECI Signs All Jeimelry Up To 25°10 Special Orders, Repairs, Diamond Setting 10K - 14K 18K Fine Gold Jewelry ADVANCE BUILDING • SUITE 354 • 23077 GREENFIELD ROAD • SOUTHFIELD MI 4807 PHONE (248) 4834147 • FAX (248) 483-4148 Deal With Sweden Jerusalem (JPFS) —ECI Telecom has signed a new agreement, valued at $13 million, with Sweden's Telia for the supply of HDSL solutions, which boost the capacity of existing phone lines. The new contract, due to be con- ded at the end of the year 2000, was awarded following the successful deployment of HDSL solutions by Telia in 1995. Telia, wholly owned by the Swedish government, which is planning to begin privatizing the com- pany, is the leading supplier of tele- com-based information services in the Nordic/Baltic region. The company is continue to supply ECI. Telecom's ExLine2 HDSL system to deliver voice, fax and data services over cop- per loop infrastructure throughout Sweden. Wiztec Sells To Taiwan TV erusalem (JPFS) — Wiztec Solutions J Ltd., a provider of billing systems for , pay television and convergence com- panies, announced that it has signed a contract with TVB in Taiwan to pro- vide its WIZARD System to support the upcoming launch of its direct tt 1 on all NEW Passbook Plus, Sidemen'. Plus and Classic Checking accounts • sr" FOR THE FIRST MOMS! 148.338-7700 or 248-352-7700 BANK 1600 Telegraph Road •Bloomfield Hills • /AI 48302 'Annual Percentage Yield is effective as of October 2, 1998. Restrictions apply. Offer is effective for a limited time only and is subject to change without notice. Valid on retail accounts only up to a maximum _ $100,000. Interest is earned on any balance and is paid monthly. APY's revert back to the regular posted rate after the initial three month period expires. Call or visit any Flagstar Banking Center for full disclosure of account parameters. Classic Checking. There is a $50 minimum balance requirement to open and a $5 monthly service charge if a minimum balance of $500 is not maintained. Passbook and Statement Plus Accounts. No minimum opening balance requirement. There is a $2 monthly service charge if minimum balance of $1,000 is not maintained. MEMBER FDIC. Send Someone Special A Gift 52 Weeks a Year. Send a gift subs w altion to 'TN (248) 354-6620 Transition from Summer to Fall in Style and Under Budget. ONLY AT THE SHIRT BOX The Shirt Box. Shirts And A Whole Lot More. Always 20% - 35% Off Retail HOURS: Mon.-Sat. 9:30-6 • Thurs. till 7 Courtyard Center • 32500 Northwestern Hwy. • Farmington Hills, MI 48334 • (248) 851-6770 10/2 1998 Detroit Jewish News 325