Studio Diana Churges, Printed in Israel · Studio Diana Churges, Printed in Israel 2003 BIRD...

Stud

io Diana C

hurges, P

rinted in Israel

www.b i r d f . com

2 0 0 3BIRD Foundat ion

Accelerating growth

through strategic partnerships

BIRD Israel-U.S. Binational Industrial Research and Development Foundation

annual report

BIRD Foundation Headquarters

Office Manager Chava Doukhan

e-mail [email protected]

Info. Systems Manager Maha Mansour


Secretary Einat Spivak


Chief Business Officer Yuval Weiss


Executive Director Dov Hershberg


Programs Director Uri Attir


Accountant Assistant Ruth Baum


Chief Financial Officer Shlomo Cohen


Office Address Kiryat Atidim, Building 4, Tel Aviv 61581, Israel

Mailing Address P.O. Box 58054, Tel Aviv 61580, Israel

tel 972-3-647-0710

fax 972-3-649-8341

web site www.birdf.com (please see for latest update)

Trenton, NJ - New Jersey - Israel Commission

Andrea Yonah

tel 609-633-8600

fax 609-292-6069


Philadelphia, PA - America - Israel

Chamber of Commerce Debbie Buchwald

tel 215-790-3722

fax 215-790-3600


Washington, D.C. - Embassy of Israel

Liana Foksheneanu

tel 202-364-5694

fax 202-364-5647


Silicon Valley Representative Michal Miasnik

tel 408-727-6777

fax 408-727-6166


U.S. Office

Santa Clara, CA

West Coast Representative Yael Hollander

tel 408-727-6777

fax 408-727-6166


U.S. Representatives

Atlanta, GA - Government of Israel

Economic Mission Grechen Cohen

tel 404-487-6504

fax 404-487-6555


Boston, MA - Government of Israel

Economic Mission Joseph Abraham

tel 617-451-1810

fax 617-451-2677


Chicago, IL - BIRD Representative

Limor Nakar-Vincent

tel 312-255-1550

fax 206-203-2178


Cleveland, OH - Ohio-Israel Chamber of Commerce

Howard A. Gudell

tel 216-621-6832

fax 216-621-6862


BIRD Offices and Other Representatives

To stimulate,

promote and support

industrial R&D of

mutual benefit to

Israel and the US

Our Mission

Distribution of BIRD Projects in 2003, by Industry

Activity Summary

Direct Sales

2003 $80 million

Cumulative $4.1 billion

Repayments

2003 $2 million

Cumulative (from 309 projects) $74 million

Grant Payments

2003 $9 million

Cumulative $214 million

Approved Projects

Full-scale (2003) 25 projects

Cumulative 505 projects

Mini projects (2003) 0 projects


Total Projects (2003) 25 projects


20%

12%

12%

16%

40

%

01

40% Communications

20% Life Sciences

12% Electronics

12% Software

16% Other

02

BIRD forges ahead in its mission to support American and Israeli companies in hi-tech and life sciencesand remains committed to maintaining focused involvement in these areas. In 2003, we continuedour activities in promoting industry progress in new and emerging technological areas, as well as insupporting innovative efforts in more established areas.

Today, with emerging signs of recovery in several global high technology sectors, BIRD is ready torespond by offering its services to Israeli and US companies. We are attuned to the cautious optimismin the industry among those who witnessed the last “bursting of the bubble”.

Israel’s excellent science, cutting edge technologies and ambitious entrepreneurs have generated greatinterest in global markets. This is particularly the case in high potential technological areas such ascommunications, the Internet, security, corporate software systems, stem cells, and cardiovascularapplications. However, many Israeli start-ups do not have the know-how, maturity and drive to leveragetheir technological advantage and make the transition to becoming established, global companies.BIRD offers its services to those companies which are willing to try and are able to collaborate with alarger US partner.

BIRD’s approach is to use its experience and longstanding relations in the US hi-tech and life sciencesarenas to foster relationships for Israeli companies that will improve their positioning, increase theirvalue and create longer lasting opportunities.

At BIRD, we focus our attention on market sectors with high commercial potential and a significantnumber of innovative Israeli technology companies. This combination increases the chance of matchingany one of those companies with an American market leader.

We are currently planning to concentrate our efforts on the following areas:Homeland security, Nanotechnology, Communications (connecting everything), Medical devices,Enterprise software (the ultimate data base, the best customer service and the virtual company),Devices for the home, Stem cells and regeneration of defective organs, Personalized medicine,Semiconductors (capital equipment and microelectronics), Software security, and others.

Looking forward to a peaceful and prosperous year.

Dov Hershberg,

Executive Director

04

Communications Integration of cable-modem with residential and SOHO multimedia networkinginfrastructure without re-wiring; Optical performance monitoring system and reconfigurable optical add/drop multiplexer; Integrated, protected electro-optical receiver; A residential gateway integrating home networking features with a remote-controlled security and emergency alarm system; A low-cost,long-haul optical transport and Ethernet switching system; Extending and securing paid TV services using advanced video compression chips; Remote,multi-channel video monitoring system; A tunable, all-optical, high bit-rate signal regenerator; Integrated optical switch and shutter; Wireless home distributionsystem for multimedia derived from cable TV.

Electronics Wafer-level digital camera module for cellular telephones; Automatic dimmingfor automobile mirrors to reduce glare from rear vehicle headlamps; Improved micro-display for micro-projectors.

Agilent Technologies, Inc. (CA) Shellcase Ltd.

Arris Corp. (GA) Wisair Ltd.

Globecomm Systems, Inc. (NY) ADI Video Technologies Ltd.

Infinera Corp. (CA) Atrica Israel Ltd.

iVAST (CA) NDS Technologies Israel Ltd.

JDS Uniphase Corp. (NJ) GalayOr Networks Ltd.

OFS Fitel, LLC (GA) Civcom Devices and Systems Ltd.

Philips Semiconductors, Inc. (CA) Visonic Ltd.

Sanmina-SCI Corp. (TX) Kailight Photonics Ltd.

Scientific Atlanta, Inc. (GA) SercoNet Ltd.

Sorrento Networks, Inc. (CA) Xtellus Ltd.

AlphaMicron, Inc. (OH) Elbit Systems Ltd.

Kopin, Inc. (MA) ExPlay Ltd.

List of Approved Projects in 2003

05

Other In-line 3D metrology system for inspection of closures in automobile assemblylines; Improved performance of water-based paints, sealants and coating materials using nano-composites; Innovative bubble and foam protective packagingmachines and products; A machine-vision system for counting and verification of playing cards.

Software Integration of an automatic video content analysis with a digital video recording / monitoringsystem; Multi-purpose self-service check-in kiosk system for international air travel; Enhanced and secure e-mailing system specifically designedfor healthcare systems.

Eastman Kodak Co. (NY) Aliroo Ltd.

Sensormatic Electronics Corp. (FL) MATE – Media Access Technologies Ltd.

SITA Information Networking Computing USA, Inc. (GA) MITAM Ltd.

Amcol International, Inc. (IL) Univercol Ltd.

Cantar / Polyair Corp. (NJ) Ronipal Ltd.

GEMACO Playing Card Co. (MO) Beyond Technologies Ltd.

TESCO Group Companies (MI) CogniTens Ltd.

Life Sciences Genetic markers predicting the development of colon cancer; A kit for the rapididentification of the crystalline structure of macromolecules; Diagnostic tool for identification of a common disease in poultry; Implantable gastric stimulationfor the treatment of obesity; Cardiac event prediction software for implantable devices.

Cleveland Clinic Foundation (OH) Impulse Dynamics (Israel) Ltd.

Guidant Corp. (MN) WideMed Ltd.

Invitrogen Corp. (CA) Ethrog Biotechnology Ltd.

Myriad Genetics, Inc. (UT) IDgene Pharmaceuticals Ltd.

Sygen International Avian-Tech Ltd.

Integration of cable-modem with residential and SOHO

multimedia networking infrastructure without re-wiring;

Optical performance monitoring system and reconfigurable

optical add/drop multiplexer; Integrated, protected electro-

optical receiver; A residential gateway integrating home

networking features with a remote-controlled security and

emergency alarm system; A low-cost, long-haul optical

transport and Ethernet switching system; Extending and

securing paid TV services using advanced video compression

chips; Remote, multi -channel video monitoring system;

A tunable, al l -optical, high bit-rate signal regenerator;

Integrated optical switch and shutter; Wireless home

distribution system for multimedia derived from cable TV.

07

BIRD’s annual income is comprised of interest on the Endowment Fund and repayments from companies which have

participated in successful projects. This annual income is at a level that makes BIRD self sufficient and permits it to meet

all its financial obligations, including payments to approved projects, on time.

Since its inception, BIRD has received interest of approximately $174 million on the Endowment Fund and repayments

of approximately $74 million from successful projects. Over this period, grant payments to companies have reached

approximately $214 million.

Financial Summary

Income

Endowment Repayments

Year (M$) Cum. (M$) Year (M$) Cum. (M$)

FY1998 (15 months) 11 135 6 54

1999 8 143 4 58

2000 9 152 6 64

2001 8 160 5 69

2002 7 167 3 72

2003 7 174 2 74

Grant Payments

Year (M$) Cum. (M$)

16 167

9 176

8 184

11 195

10 205

9 214

Income and Grant Payments

08

The Board of Governors meets semi-annually – in Washington, D.C. in June/July and in Jerusalem in November/December.

Each government has three representatives on the Board and there are currently four advisors to the Board.

U.S. Governors

U.S. Department of State Ms. Kay Anske

Director

Office of Science and Technology Cooperation

U.S. Department of Treasury Mr. C. Marshall Mills

Director

Office of Middle East and South Asian Nations

U.S. Department of Commerce Mr. Marc Stanley

Director

Advanced Technology Program, NIST

Israeli Governors

Israel Ministry of Finance Dr. Yossi Bachar

Director General

Israel Ministry of Industry, Trade and Labor Mr. Ra’anan Dinur

Director General

Israel Ministry of Industry, Trade and Labor Dr. Eli Opper

Chief Scientist

Advisors to the Board

Dr. Jordan Baruch

Mr. Martin Gerstel

Mr. Dan Tolkowsky

Mr. Amos Wilnai

Acted on behalf of the Board and other contributors in 2003

Israel Ministry of Industry, Trade and Labor Mr. Josef Dancona

Israel Ministry of Finance Mr. Yossi Gordon

U.S. Department of State Ms. Shauntia Hart

U.S. Department of Commerce Ms. Magdalena Navarro

Board of Governors

BIRD Foundation Headquarters

Office Manager Chava Doukhan


Info. Systems Manager Maha Mansour


Secretary Einat Spivak


Chief Business Officer Yuval Weiss


Executive Director Dov Hershberg


Programs Director Uri Attir


Accountant Assistant Ruth Baum


Chief Financial Officer Shlomo Cohen


Office Address Kiryat Atidim, Building 4, Tel Aviv 61581, Israel

Mailing Address P.O. Box 58054, Tel Aviv 61580, Israel

tel 972-3-647-0710

fax 972-3-649-8341

web site www.birdf.com (please see for latest update)

Trenton, NJ - New Jersey - Israel Commission

Andrea Yonah

tel 609-633-8600

fax 609-292-6069


Philadelphia, PA - America - Israel

Chamber of Commerce Debbie Buchwald

tel 215-790-3722

fax 215-790-3600


Washington, D.C. - Embassy of Israel

Liana Foksheneanu

tel 202-364-5694

fax 202-364-5647


Silicon Valley Representative Michal Miasnik

tel 408-727-6777

fax 408-727-6166


U.S. Office

Santa Clara, CA

West Coast Representative Yael Hollander

tel 408-727-6777

fax 408-727-6166


U.S. Representatives

Atlanta, GA - Government of Israel

Economic Mission Grechen Cohen

tel 404-487-6504

fax 404-487-6555


Boston, MA - Government of Israel

Economic Mission Joseph Abraham

tel 617-451-1810

fax 617-451-2677


Chicago, IL - BIRD Representative

Limor Nakar-Vincent

tel 312-255-1550

fax 206-203-2178


Cleveland, OH - Ohio-Israel Chamber of Commerce

Howard A. Gudell

tel 216-621-6832

fax 216-621-6862


BIRD Offices and Other Representatives

To stimulate,

promote and support

industrial R&D of

mutual benefit to

Israel and the US

Our Mission

Stud

io Diana C

hurges, P

rinted in Israel

www.b i r d f . com

2 0 0 3BIRD Foundat ion

Accelerating growth

through strategic partnerships

BIRD Israel-U.S. Binational Industrial Research and Development Foundation

annual report

Studio Diana Churges, Printed in Israel · Studio Diana Churges, Printed in Israel 2003 BIRD...

Documents

Transcript of Studio Diana Churges, Printed in Israel · Studio Diana Churges, Printed in Israel 2003 BIRD...