Lipman Electronic Engineering Ltd. (now VeriFone Israel)

www.lipman.biz

High-Tech Company

Acquired by VeriFone Holdings Inc.

TECH VERTICALS

Enterprise Applications

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	1974
Number of Employees	985
Reg. Number:	abCDe

DESCRIPTION

Lipman is a global leader in the area of electronic payment systems, designing, developing, manufacturing and marketing its e-payment products and software under the NURIT brand name. The company is continually generating cutting-edge tools while striving to answer the demands of the electronic payment markets and retailers worldwide.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Retailers, Internet customers.

	BUSINESS MODEL
	B2B

CONTACT INFO

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Main Address: Rosh Haayin, Israel

Address	11 Haamal St., Park Afek
City	Rosh Haayin
Country	Israel
Zip	48092

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Rami Lipman	Founder	TechAviv Angels (Partner)
Mr. Roy Neuman	EVP, Operations & COO	Escalade (COO & EVP Operations)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Mivtach Shamir Holdings
abC Defghij	Board Member	N\A
abC Defghij	Board Member	N\A
abC Defghij	Board Member	N\A

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Apr. 10, 2006

abCDe

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
May. 17, 2005	Third Public Offering	NASDAQ GS	abCDe	abCDe	Including overallotments.
Jan. 28, 2004	Second Public Offering	NASDAQ GS	abCDe	abCDe
May. 04, 1993	IPO	TASE	abCDe	abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Buyout

Aug. 14, 2002

abCDe

First Round

Jun. 01, 1992

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe	Holds 12% of the company (13.1% at the time of investment)

Other

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe

Last Updated:	abCDe
IVC Number:	abCDe