| Business Summary | | Elbit
Ltd.
is
focused
on
the
development
of
key
technologies
for
two
e-business
solutions,
mobile
commerce
infrastructure
and
services,
and
business-to-business
e-commerce
infrastructure
and
services.
Elbit
develops
e-business
solutions
by
incubating
technology
start-ups
and
providing
them
with
comprehensive
management
and
strategic
marketing
capabilities.
Elbit
is
building
a
portfolio
of
e-commerce
applications
by
forming
partnerships
and
investing
in
suitable
companies,
which
it
will
incubate
until
maturity.
The
Company
plans
to
target
entities
with
established
operations
in
the
Internet
arena,
application
service
providers
(ASPs)
and
mobile
service
providers,
with
a
view
to
integrating
them
into
its
e-commerce
business.
Applying
its
comprehensive
management
and
strategic
marketing
capabilities,
Elbit
will
be
able
to
provide
solutions
for
the
developing
ASP
market,
comprising
communications
infrastructure,
services,
applications
and
customer
support. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Elbit
Ltd.
develops
communication-related
products
and
services
via
associated
companies,
concentrating
on
the
fields
of
connectivity,
network
access
and
cellular
applications.
For
the
three
months
ended
3/31/01,
the
Company
reports
no
revenue,
vs.
$1.3
million.
Net
loss
totaled
$2.4
million,
vs.
an
income
of
$16.3
million.
Results
reflect
the
absence
of
the
revenues
from
Elbit
Vision
Systems
Ltd.,
which
was
sold
in
the
previous
year. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
-3,800. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Uzia Galil | Chairman | Yigal Baruchi | Pres,
CEO | Shlomo Haruvi | Exec.
VP | Adi Biran | Sr.
VP | Tal Raz | VP,
CFO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|