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Benjamin Netanyahu Israel’s prime minister, note to the Arazi family

Netanyahu on Efi

Benjamin Netanyahu Israel’s prime minister, note in Hebrew to the Arazi family following Efi’s passing.

Click here to see the signed original:  01 – Benjamin Netanyahu to Arazi family

Translation:

Dear Aarazi family,
I was saddened to hear about Efi’s passing.
Efi was one of the first pioneers of the Israeli high-tech industry. He combined vision and action, and realized before many others, the awesome technological potential available in Israel.
I have known Efi and liked him as a brilliant and witty person, recognizing that a world  of opportunities is wide open for him.
Unfortunately, his illness has taken him from us before he could complete contributing his genius leadership to further advance and develop the Israeli economy.

Regards,
Beyamin Netanyahu
April 14
[Israel’s prime minister]

P.Ink (Scitex/Time Inc.) goes down the tube (1995)

P.INK Germany enters Chapter 11
P.INK, the Macintosh-based editorial front-end system whose history has been mixed at best, has hit another stumbling block: bankruptcy.

The German company that developed the software — P.INK Software Engineering GmbH of Hamburg — has filed Vergleichsbeantragung, the German version of Chapter 11 reorganization. This type of bankruptcy filing allows a company to keep its creditors at bay while it negotiates for better repayment plans and/or the injection of working capital from new investors.

Reports from Germany indicate that P.INK had been planning on a fresh round of financing from Scitex Corp. Ltd. of Herzlia, Israel — one of its four owners — which was not forthcoming.

Speculation has implicated Scitex’s 1995 third-quarter loss of more than $36.4 million as the reason it didn’t make the investment. The loss might have left the company cash-strapped and incapable of honoring its commitment to buy out two of the other three owners of P.INK.

Scitex America executives did not respond to numerous phone and e-mail queries regarding the P.INK situation.

Scitex, which markets the P.INK product line outside of Germany, Austria and Switzerland, bought 25 percent of the company in February 1994 with an agreement to acquire another 50 percent of the company over a two-year period. The remaining 25 percent of P.INK would remain with its founder, president and chief executive, Andreas Poliza.

The 50 percent of the company that Scitex was scheduled to acquire has been owned by the German newspaper publishing group Madsack and a German software company called Rechenzentrum Südwest. Rechenzentrum has owned its 25 percent for only a year.

sta_truck-ad_smallThe acquisition of P.INK was engineered by Scitex America Corp. executive Bob Holt, a former editor at the St. Louis Post-Dispatch. Holt, based in Bedford, Mass., spent much of 1993 in Hamburg, stopping off on his way to and from Israel to work with Poliza to improve the software and iron out the long-term relationship.

Scitex — both in Israel and the United States — has gone through massive reorganizations recently. The head of Scitex America, George Carlisle, left the company last summer. In November, Arie Rosenfeld, the president and chief executive of Scitex Corp. Ltd. resigned amidst the fallout from the company’s sizable third-quarter loss.

Part of the reason for that loss was an $18 million charge for employee termination benefits; many longtime Scitex executives have recently left the company, including Scitex America’s marketing executive Ken Hurtabise and corporate communications executive Paul Thiele.

In addition, Scitex America announced in August the establishment of a publishing division that would be responsible for the P.INK product line as well as other Scitex products.

Scitex has sold the Mac-based P.INK system to two newspapers — The Sun of Bremerton, Wash., a 41,000-circulation evening daily, and the 63,000-circulation morning Evansville (Ind.) Courier. Both papers are owned by Scripps-Howard.

In addition, Scitex smoothed the installation of P.INK at the Toronto Sun and other Sun Publishing Corp. properties (which include the Calgary Sun, Edmonton Sun and Financial Post), even though the Sun papers had purchased the product directly from P.INK in Germany.

Executives at these papers were reluctant to be quoted about the situation, but indicated that Scitex had told them, as one said, “not to worry.”

“We’ve been told that the worst-case scenario is that Scitex will get the North American rights to the P.INK code,” said one newspaper executive.

Despite generally upbeat comments coming from customers, and published reports that the staff has “expressed full support for the company,” sources in Germany indicate that P.INK programmers are extensively circulating their resumes.

The P.INK story in North America is not a happy one: Demonstrated under the P.INK Software banner at ANPA/Tec 1990, the North American marketing rights for the product were acquired in 1991 by the Time Magazine Group division of media giant Time Warner.

For the next two years, P.INK America attempted to sell its software to its sibling divisions — magazines such as Time, People and long-time Mac user Entertainment Weekly — and newspapers and other magazines as well.

The potential customers, inside Time or not, were decidedly uninterested. In 1993, Time shut down P.INK America. It was another year before Scitex made its deal, and despite the Scripps-Howard sales the company has had problems building momentum for the product line.

 

From THE COLE PAPERS, January 1996, Copyright 

Joel Stern- the ExScite, ExChina

During Joel’s career, he has become an expert in management of Production and QA in the fields of electronics, medical devices and digital printers. His expertise includes coordinating a variety of subcontractors in Israel and abroad.
Over the last two years in China, as Deputy General Manager and the only Westerner in an electronics manufacturing concern, Joel learned to work successfully with Chinese top management and subordinates.

From 2009 to 2010 Joel worked at Nanjing Zijin-Lead Electronics Co. Ltd. is the manufacturing and the Far East distribution partner of Solido3D in Israel, which develops, manufactures and markets 3D printers worldwide.
He relocated to Nanjing, China, to supervise the establishment and monitoring of good manufacturing and good quality practices in this joint-venture for the manufacturing of 3D printers.

Joel spent 19 years at Scitex holding a variety of positions- Service engineer in Charlotte and Milan and quality assurance manager in Herzlia. Among the positions he has held after Scitex were quality assurance role at Nur, Solid Dimensions and Solido3D.

The Exscite David Solomon -Capital Investment Banking

The Exscite David Solomon (Scitex/Israel Director of Economic Department ’85-’90) owns Solomon Capital Investment Banking (http://www.solomon-capital.com/#!firm/c1n8o ).

David is an accomplished author and one of Israel’s leading experts in the field of High-Tech/Biotech business Planning and Firm Valuation. He has successfully worked with dozens of emerging companies and is accredited with over a hundred winning business plans.
David has worked with high profile clients in the global market such as IBM, Scitex, Bezeq, Bank Discount, Bank Hapoalim, Bank Leumi, Israel Aircraft Industries [IAI], QUALCOMM, Dor Energy.
He has formerly been the Director of Scitex’s Economic Department, The founder and the CEO of 4HIGHTECH [Investment Bank], and Micromedic technologies [Listed on the Tel Aviv Stock Exchange]. Mr. Solomon lectures in Courses in academic and other institutes.
David is the author of various books including: “From Seed to IPO”, “Business Planning in the Post Bubble Era”, ”Biomedical – from Research to Market, The Business Challenge”. See here his recent newspaper article (in Hebrew)- “ How to get access to European equity capital during crisis time”

Scitex Spirit Is Alive

 

ExScite.flower

Illustration: Succari

Earlier in June, a few hundreds ExScite’s got together in Savion (east of Tel Aviv) for a great evening- a trip down memory lane. The letter below in Hebrew, titled “what a fantastic evening”, was sent from Gita Tamari to the organizing committee after the event.
We will later post here additional stories and pictures from the event, as they become available.

 

     איזה ערב יפה, איזה ערב נפלא!!

     להחזיר ולהחיות ולו לשעות ספורות את ימי העבר של סאיטקס.

     זה אושר גדול לראות שזרע החברות והאחווה לא רק נבט, אלא

     השריש והעמיק את הקשר בין העובדים הצעירים שהיינו אז –

     למתבגרים, לפנסיונרים ולקשישים שאנחנו היום. ברוח נשארנו

     צעירים לנצח.

     ההוכחה לכך, היא המפגש אמש. אמנם התגים שענדנו עזרו, אך

     לו רק לרגע. כי מיד הדמות של העבר ניצחה את הפנים של ההווה,

     וזכרונות מימים עברו, הפכו לחווית הווה.

     זה היה לי יום חג. ערב מאושר ושמח, להפגש. להתחבק ולאהוב

     דרך ההווה את הימים ההם.

     אהבתי כל שעה וכל יום בעבודתי בחברה. אהבתי את העובדים

     ורחשתי לכולם את הכבוד והערכה. ימי סאיטקס לגבי זה גחלים

     לוחשות, שבכל פגישה עם חברים ניצתים באש של שמחה ואושר

     מחדש.

     אשרי שזכיתי לעבוד 22 שנים מחיי במקום שהפך עבורי לבית שני,

     מחבק, מעריך ואוהד. אושרי רב עם חברים רבים וטובים כמוכם.

     מקווה שזה לא היה מפגש חד פעמי ונזכה כולנו למפגשים נוספים.

    לעוזי – מבטיחה שאם תגרור אותי שנית למבצע וותיקים, אבוא

    בשמחה. תבורך על היוזמה שהיתה וגם על זו שתבוא.

                                                       שלכם חברה לתמיד

                                                       גיתה תמרי

         7.6.13

Are you a Non US company looking to establish business in America?

bob_caspe2013The ExScite (ExLeaf) Bob Caspe and five partners, have formed a new company called the IEC (International Entrepreneurship Center) http://iecpartners.com

IEC Partners’ focus is on helping non-US companies create marketing and sales strategies in the US market.
IEC International Market Acceleration Program (IMAP) is designed for medium sized non-US based companies (of $2M to $200M in annual revenue) who want to establish their businesses in the US market.  Many successful companies in Latin America, Africa, Europe and Asia seek access to the US market, market services and employees.  IMAP simplifies the process and reduces the risk and cost.

To learn more about IMAP, click on IEC IMAP web page here.

One Step Ahead -A biography of Efi Arazi, graphic design by Hagari


Daniella De-Nur Publishers Ltd., 2005

This Book tells the story of Scitex- the company that led the revolution of computerised printing. The story of Efi Arazi, the man who founded and led Scitex, EFI and Imedia – is also the story of the birth of the HiTech industry in Israel and in the world since the 1970’s.
The book graphic design was done by the (almost ExSite) Ilan Hagari.
See more graphics from the book by clicking here.

Silvina Grad-Freilich, board member of the MIT Enterprise Forum.

The ExScite (9 years with Scitex) Silvina Grad-Freilich is the Product Manager for distributed computing and application deployment products at The MathWorks. Silvina holds both B.Sc and M.Sc. degrees in Computer Science from the National University of La Plata in Argentina and a M.Sc. in Management from the Massachusetts Institute of Technology.

Silvina is a board member of the MIT Enterprise Forum. (http://www.mit-forum.org.il/index.php/about/advisory-board).
The MIT Enterprise Forum of Israel is the Israeli chapter of the MIT Enterprise Forum, a global non-profit organization (started at MIT, 1978) dedicated to promoting the growth and success of high-tech entrepreneurial ventures by connecting ideas, technology and people.

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