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November 14, 2013
Developments and Transactions
Caesarstone Announces Georgia Manufacturing Plant
Will invest $100 million and hire 180 employees
Guy Tessler (AICC), Yos Shiran (CEO, Caesarstone), and Ron Brummer (Israel Deputy Consul General) 
at Caesarstone's ground breaking ceremony in Richmond Hill, Georgia.
AICC Members and Staff attend WATEC 2013 Conference in Israel


"Attending the WATEC conference in Tel Aviv was a tremendous value to our company, allowing us to experience firsthand the amazing technology and innovation coming from Israeli companies" William Estes, Woodard Consulting Group.

     Read More   
 
AICC and Young Israel host 
Israel's Bar Ilan University
Professor Sam Lehman-Wilzig, Bar Ilan University School of Communications
Professor Sam Lehman-Wilzig, Bar Ilan University School of Communications

AICC and Young Israel of Toco Hills co-sponsored a breakfast lecture on "The Historical Roots of Israel's High Tech Success in the Information Age."
 
 
AICC Co-Sponsors AIPPI International Conference
  
AICC and Smith Gambrell & Russell  sponsored a major conference organized by the International Association for the Protection of Intellectual Property in Tel Aviv.
 
Israeli Companies Contacting Us

Medical Records Tel Aviv-based mobile solution that enables you to control your health by managing medical records and providing real-time access to all your health information....... Read More 

Valuation Software Ramat Gan-based developer of technology to facilitate the complex capital structure valuation process with proprietary technological innovations. ....... Read More

Cyber Security Lod-based company developed an array of very unique behavioral biometrics-based solutions for the banking industry. ....... Read More

Hospital Beds Tel Aviv-based developer of hospital beds serving as medical devices to promote medical benefits for the patient....... Read More

For additional information on these companies, please contact Guy Tessler.

Top 10 Business & Economic News From Israel

 

OurCrowd and GE Capital entered a co-investment partnership with Israeli crowdfunding platform OurCrowd that will enable GE Ventures to co-invest in select early stage companies (article). Jon Medved, OurCrowd CEO, will speak in Atlanta on December 11th (See below).
 
Netanya-based Outbrain - which helps websites suggest stories to users - announced $35M in new funding, bringing overall investment to $99M (article). Outbrain has recently acquired Atlanta-based Scribit. 

Nashville-based Asurion a global leader in technology protection solutions has completed the acquisition of Tel Aviv-based Soluto, the award-winning software and services provider delivering best experience when using PCs, tablets and smartphones for over $100M (article).
 
Tel Aviv-based DIY website creator Wix.com raises $122M in its IPO (article).

IVC-KPMG Venture Capital Survey finds Israeli high-tech companies raised $660 million in Q3/2013, highest since 2000 (survey).
 
Finance Minister Yair Lapid appointed a committee to examine The Law for the Encouragement of Capital Investment, which offers companies tax breaks for making big investments in Israel (article).
 
Dr. Karnit Flug is the first woman ever to hold the position of Bank of Israel governor (article).
 
Microsoft Venture's Israel accelerator has concluded its third class.  Five of the 10 companies in the class have already raised a total of $5M from investors.  Microsoft's Israel accelerator has recently partnered with Georgia Tech's Flashpoint program and AICC (about the accelerator).
 
Deloitte ranks Israel 3rd as VC investment destination Israel is preceded by China and Japan in the global VC Indicator survey (survey).
 
Israel's High Court of Justice has given its approval for gas exports from Israel. The significance of the ruling is that gas exports can now go ahead, especially from the Leviathan field. (article)
 
From the Leadership
Shai Robkin
President & CEO
Joel Neuman  
Chairman

 

If ever additional proof was needed to support the old adage of "necessity being the mother of invention," one need look no further than what has happened in Israel over the course of the past decade in the field of water.  Just in case you missed the press release, Israel, despite the fact that most of its land is desert and that there are few sources of fresh water, no longer has a water shortage.  It's an incredible accomplishment and all the world is coming to Israel to see it firsthand.

 

Israel's water solutions were on full display last month at the bi-annual WATEC conference.  I (Shai) was at Tel Aviv's Exposition Grounds last month together with thousands from all over the world to explore how to best address what may be mankind's greatest challenge:  the provision of an adequate supply of quality water for drinking, bathing, agriculture and industry.  A delegation from the state of Texas, awash in oil but desperately short of water, was led by none other than Governor Rick Perry in the hopes of learning Israel's secret to water success.

 

A major part of Israel's water solution picture has been desalinization with over 50% of Israel's fresh water coming out of the Mediterranean Sea.  But as WATEC so clearly demonstrated, Israel has taken a multi-faceted approach to dealing with the water question, which includes the highest level of waste water reuse and a strong focus on eliminating waste.  As the companies exhibiting at WATEC clearly demonstrate, oftentimes there is no single solution to the big challenge, just a combination of multiple creative approaches that each focus on just one small piece of the larger puzzle.

 

Sponsor Message
Members' Corner
Dawn Ely

AICC is in my opinion the most effective international chamber we have in Atlanta.  I've seen this chamber be effective for Israeli companies as well as for its local members.  My experience in the AICC has given me great opportunities but also great satisfaction and enjoyment in helping many Israeli companies that I believe have wonderful products that can change the marketplace.

 

I became involved in the AICC early in 2012.  For me, the medical committee held the greatest synergies since that is my industry background. By March, I found out about the BioMed conference in Tel Aviv and was encouraged to go to this conference in order to start getting to know some Israeli companies and gain more contacts. I agreed that it was a great way to dive in, so I went.   The AICC staff worked hard to be sure I had meetings and introductions while I was there. Between the meetings and connections facilitated by the AICC and the Department of Economic Development's local rep, I had so many meetings and connections arranged that I hardly had time for meals.  Within 6 months of that trip I had real business that came from it, and I was able to really make an impact on some paths and successes for some other companies. 

 

I have now been to Israel twice and each time I go it feels like a home away from home with many friends and colleagues that have greatly expanded my network and business opportunities. 

 

The AICC is an organization where you can get a very measurable outcome that is in direct proportion to what you put in to it through your involvement and activity. The opportunities for contribution and involvement in the AICC are many, which gives different people with different industries, interests and skills several outlets. 

 

Joining the AICC and being an active participant is one of the best business decisions I have made.

Calendar of Events
  

11/19

8:15 am
  
  
  

11/21

7:30 am
  

12/4

12:00 pm
  

12/10

7:30 am
  

12/11

5:00 pm
  
Welcome New Members

Mel Haas
Eric Proser
Neil Wasser
Constangy, Brooks & Smith
Directory Listing

Yuri Eliezer
Eliezer IP
Directory Listing

Doron Gelfand
Gelfand Yardeni
Directory Listing

Rob Friedman
King & Spalding
Directory Listing

Debra Segal
Minick Engineering
Directory Listing

Pamela Rollman
Molnlycke Health Care
Directory Listing

Aaron Karasik
RG Real Estate
Directory Listing

Tal Ovadia
Directory Listing 

 

Marc Salzberg
Directory Listing

Thanks to 
Renewing Members

Baker Donelson

Critical Strategies

Dressler's Jewish

Funeral Care

Pursway

Stipkala

Aaron Altmann

Lawrence Cooper

Sheila Dalmat

Stephen Rosen

Steve Wertheim

Featured Event
CrowdFunding: Changing the Investment Scene
 
Medved
Jon Medved
Founder & CEO
 
Jon Medved is, according to the Washington Post, "one of Israel's leading high tech venture capitalists".  In the September 2008 NY Times Supplement "Israel at 60", Medved was named one of the top 10 most influential Americans who have impacted Israel. Medved has invested in over 100 Israeli startup companies, helping 12 of them to get to valuations in excess of $100 Million dollars.  

 

 

Wednesday, December 11, 2013
5:00 PM - 8:00 PM
 
hosted by:
 
Conference Center at Concourse Lobby
1201 West Peachtree Street NW Atlanta, GA 30309 (map)

 

$20 AICC Members / $30 Non Members

 

SPONSORSHIP OPPORTUNITIES AVAILABLE

Barry Swartz - (404) 843-9426; barry@aiccse.org

Community Events
  
AICC members and southeast organizations are welcome to submit their events for promotion in this section to barry@aiccse.org.  
AICC reserves the right to select which programs to include.