| PART II
There
are no defaults, dividend arrearages or delinquencies
that are required to be disclosed.
ITEM
14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY
HOLDERS AND USE OF PROCEEDS
There
are no material modifications to, or qualifications
of, the rights of security holders that are required
to be disclosed. As of December 31, 2001, the net proceeds
from the Company's initial public offering had been
used to pay for fixed assets, research and development
costs, hiring employees and general working capital.
None of the net proceeds from the Company's initial
public offering were paid, directly or indirectly, to
any of our directors, officers or any of their associates,
or to any person owning ten percent or more of any class
of equity securities, or any of the Company's affiliates.
ITEM
15. Reserved.
ITEM 16. Reserved.
PART III
ITEM
17. FINANCIAL STATEMENTS
The Company has responded to
Item 18.
ITEM
18. FINANCIAL STATEMENTS
See pages F-1
to F-25
incorporated herein by reference.
ITEM
19. EXHIBITS
| |
1 |
Articles of Association (incorporated
by reference to Exhibit 2.5 to the Company's
annual report on Form 20-F for the year ended December
31, 2000)
|
| |
4.1 |
Form of Indemnification Agreement
between the Company and its officers and
directors
|
| |
8 |
List of subsidiaries (incorporated
by reference to "Item
4 - Information on the
Company - Organizational Structure" in this
Annual Report on Form 20 F)
|
| |
10 |
Consent of Kost Forer & Gabbay,
a member of Ernst & Young International |
|
