Founding Partner: GlenRock Israel

GlenRock is a dynamic private investment company founded in 2003 and owned and
managed by Mr. Leon Recanati, who earlier served as Chairman and CEO of IDB Holding
Corporation, one of Israel's largest holding companies.

GlenRock's main field of activity is venture capital investment in startup companies engaged in life sciences and advanced technologies.

GlenRock has invested in more than 25 startup companies in Israel and plays an active role in their growth strategy. Glenrock led Kamada to a successful IPO on the Tel Aviv Stock Exchange (TASE: KMDA), and has assisted startups such as Quigo (acquired by AOL in December 2007), MobilEye ($100M strategic investment by Goldman Sachs in December 2007), VBL, Rosetta (NASDAQ:ROSG) and Evogene (TASE:EVGN) to become high value companies.


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