Jacob Perry - has served as the Chairman of our Board of Directors since January 2008. In addition, Mr. Perry served as the Deputy Chairman of our Board of Directors since 2006 and as a Director since December 2002. From 1995 to December 2002, Mr. Perry served as the President and CEO of Cellcom Israel Ltd., one of Israel’s leading cellular phone operators. Mr. Perry served 29 years with the Israeli General Security Service, and served as its Director from 1988 until 1995. Mr. Perry has also served as a coordinator to the Israeli Prime Minister on the subject of prisoners of war and missing persons. He was a board member of El-Al Israel Airlines and a member of the management of many public organizations. Mr. Perry is also a Chairman of the Board of Directors of Mizrahi Tefahot Bank B.M. Inc. Mr. Perry holds a B.A. degree in Oriental Studies and History of the Jewish People from Tel-Aviv University and completed the Advanced Management Program at Harvard Business School.

Liza Singer - became a Board member of Magal Security Systems as of June 30, 2010. Ms. Singer has been an owner’s representative for the Lewis Trust Group, in Cyprus, since 2003. Previous positions include: COO of Brack Capital Real Estate in Israel / Cyprus, VP of Business Development with the Baran Group in Israel, Investment Director for Syntek Capital, and an Associate for Apax Partners and Co. Ms. Singer completed her practice in accounting at Kesselman & Kesselman Price Waterhouse Coopers. Her apprenticeship in law was with the firm of Gornitzki & Co.
Ms. Singer holds a Bachelor of Accounting degree and Bachelor of Law degree from Tel-Aviv University and an MBA from the Leon Recanati School of Business Administration in Israel where she majored in finance. She holds both CPA certificate and Attorney license.

Barry Stiefel - was appointed by our Board of Directors in November 2008. Mr. Stiefel served as a Director of a UK subsidiary from 1986 to 1990. Since 2001, Mr. Stiefel has served as a consultant for a variety of companies. Until 2001, Mr. Stiefel was the CEO of Meridian VAT Reclaim Group. Mr. Stiefel has served as consultant in the field of trade finance and as Finance Director of Fisher Brothers Lumber Company Limited, a South African company. Mr. Stiefel holds a B.Sc degree in Mathematics and Chemistry and a B.A. degree in Accounting, both from the University of Witwatersrand in South Africa. Mr. Stiefel is a chartered accountant in South Africa, and is registered as an auditor (not in public practice) in the United Kingdom. 

Jacob Even-Ezra - has served as a Director since 1984 and is a member of our investment committee. From 1984 until December 2007, Mr. Even-Ezra served as the Chairman of our Board of Directors. From 1984 until 2006, Mr. Even-Ezra also served as our CEO, and from 1987 until 1990 he also served as our President. Mr. Even-Ezra is currently a member of Management Committee of Tel Aviv University. From 1985 to 1988, Mr. Even Ezra also served as the Chairman of the Israel Export Institute. Mr. Even-Ezra holds a B.Sc. degree in Electrical Engineering from the Technion - Israel Institute of Technology. 

Jacob Nuss - has served as a Director since 1993 and is a member of our audit committee. Mr. Nuss has served in various financial management capacities at Israeli Aircraft Industries (IAI) since 1975. These include: VP of Internal Auditing (since 2004); Deputy VP of Internal Auditing (1999 to 2003); Director of Finance of the electronics group (1993 to 1999); and assistant to the Chairman of the Board of Directors (1991 to 1993). Mr. Nuss holds a B.A. degree in Economics and Business Management from Bar Ilan University and an M.B.A. degree in Business from Tel Aviv University. Mr. Nuss holds a certificate in internal auditing. 

Zeev Livne - has served as a Director since July 2004. Mr. Livne has served as the Chairman of Livne Strategic Consultants Ltd. since 2001. Prior to that, Mr. Livne served in the IDF for 39 years and retired as a Major General. During his long military career with the IDF, Mr. Livne served as the Defense Attachי to the United States and Canada from 1997 to 2001, Military Secretary to the Prime Minister of Israel from 1996 to 1997 and Ground Force Commander from 1994 to 1996. From 1992 to 1994 Mr. Livne established the IDF Home Front Command and served as its first Commander. Mr. Livne holds a B.A. degree in History from Tel Aviv University and an M.A. degree in Geography from the University of Haifa. 

Nathan Kirsh - has served as a Director since 1983. Mr. Kirsh is the founder of the Kirsh Group which has a diverse investment portfolio of worldwide companies. The Group holds investments in both public and private companies in sectors such as food distribution, health and fitness, leather tanning, pipe manufacturing, asset management and IT as well as in fixed property, including minority holdings in Abacus Property Group and Minerva PLC, both listed property vehicles. The Group′s most important single asset is its interest in Jetro Cash and Carry - a privately held US trading operation that distributes food to small stores in big cities and is one of the largest private companies in the USA. Mr. Kirsh received an Honarary Doctor of Laws from the University of Swaziland in 1994 and was named a Chief Counselor in the Royal Order of Sobhuza II in 1987. Mr. Kirsh has been awarded an Honarary Fellowship by the Israel Institute of Technology, where he has also been appointed a Life Govenor. 

Shaul Kobrinsky - has served as an external Director since July 2004 and is the Chairman of our audit committee and a member of our investment committee. Mr. Kobrinsky has served as the President and CEO of Urdan Industries Ltd., an investment and holding company since 1997. Since 2003, Mr. Kobrinsky has served as senior managing Director of Alagem Capital Group, a Beverly Hills based investment group. From 1989 to 1997, Mr. Kobrinsky served as CEO of Cargal Ltd., an Israeli company that manufactures corrugated boxes. Prior to that position, Mr. Kobrinsky served as deputy managing Director of Clal Industries Ltd., one of Israel largest holding and investment companies, beginning in 1984. Mr. Kobrinsky holds a B.A. degree in Economics from Tel Aviv University. Mr. Kobrinsky served as a member of the anti-trust court of the State of Israel since 2006 till 2008 and serves as the Chairman of the antitrust committee of the Israel Manufacturers Association.