Mr. Bruce Rowlands reports

EUROCONTROL ANNOUNCES NEW BUSINESS COLLABORATION WITH TEL AVIV UNIVERSITY

Eurocontrol Technics Group Inc. has entered into a term sheet agreement with Ramot at Tel Aviv University for the rights to a new patented technology focused on nanoimprinting security and authentication.

This new U.S.-patented nanotechnology was developed by Prof. Jacob (Koby) Scheuer from the school of electrical engineering, Tel Aviv University, and focuses on nanoimprinting's unique capability for creating nanotags for products by regular and 3-D printing. This new nanoimprinting lithography (NIL) technology, based on a polymeric replication method, combines the unprecedented resolution of state-of-the-art lithography methods with the inexpensive mass-production capabilities of nanoimprinting, to yield a highly secure yet low-cost authentication tagging solution.

"This nanoimprinting solution might override all existing tagging technologies due to its cost, accuracy and flexibility. We intend to invest in 3-D printing of our tags embedded within printed products," stated Bruce Rowlands, chairman and chief executive officer. "This is the second business collaboration agreement Eurocontrol has signed with Ramot at Tel Aviv University this year. In September, 2014, we signed a sponsored research and licence agreement with Ramot for a promising new approach to fuel authentication, focusing on the university's mandate to liaise with industry to bring promising scientific discoveries to commercialization."

Shlomo Nimrodi, chief executive officer of Ramot, commented: "Ramot's objective is to bridge the gap between academics, promising innovations and the ever-growing need of industry for new innovations. This agreement, the second in less than six months, is a true example of how successful such collaborations can be for both sides. The technology we are discussing today is also focused on pharmaceutical and automotive industry applications where authentication is of great importance. We trust that in the capable hands of Eurocontrol, such promising innovation will get to market within a reasonable time."

About Ramot at Tel Aviv University

Ramot is the technology transfer company of Tel Aviv University. Ramot fosters, initiates, leads and manages the transfer of new technologies from university laboratories to the marketplace by performing all activities relating to the protection and commercialization of inventions and discoveries made by faculty, students and other researchers. Ramot provides a dynamic interface connecting industry to leading-edge science and innovation, offering new business opportunities in a broad range of emerging markets.

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