Arel Communication&Software... eine unentdeckte Internetperle - 500 Beiträge pro Seite

[EventHorizon]

Soros Fund and Keppel
Communications to Purchase
$8.5 Million Arel
Communications & Software
Shares Through Private
Placement

YAVNE, Israel--(BUSINESS WIRE)--February 29, 2000--Arel
Communications and Software Ltd. (NASDAQ: ARLCF), the
world`s leading provider of interactive distance learning (IDL)
systems, announced today it has signed a letter of intent with Soros
Fund Management L.L.C. and Keppel Communications Pte. Ltd.
for a private placement of $8.5 million.

Under the terms of the private placement, funds advised by Soros
Fund Management will purchase 200,000 newly issued shares at
an aggregate price of $3.4 million whilst Keppel will purchase
300,000 shares of newly issued common stock of Arel for an
aggregate price of $5.1 million.

This agreement is subject to the execution of a mutually acceptable
definitive agreement. In January, funds advised by Soros initially
acquired 396,000 shares of Arel common stock from several
principal shareholders. For Keppel Communications this is its first
direct investment in Arel, however Keppel Communications
already holds a 14 percent equity stake in Arel`s 56 percent-owned
subsidiary, ArelNet Limited.

"We believe that Soros` additional investment in Arel shows their
belief in our company`s future," said Itzhak Gross, Chairman and
Chief Executive Officer of Arel. "Keppel`s strategic relationship
with the Company demonstrates its confidence in our ability to
grow globally. We plan to expand globally through many more
international joint ventures and partnerships in the future, especially
with an Asian telecom and service provider such as Keppel
investing in our company."

Mr. Ng Eng Ho, Managing Director of Keppel T&T, said, "We
want to build on our relationship with Arel in marketing the
interactive distance learning system in Asia and building its presence
in this market.

"Arel`s interactive distance learning system complements Keppel
T&T`s range of IP-based products in meeting the evolving
e-business needs of our major corporate and organizational
customers to facilitate online training of employees, customers and
business associates at their desktops via the Internet or corporate
Intranets.

"In making this investment, we also judge Arel Communications
and Software to be a high growth company that offers potential
significant returns for Keppel."

Mr. Gross continued, "Equal to the financial import of these
investments, is the addition to our investor base of major
institutional and strategic shareholders." About Keppel
Communications Pte. Ltd.

Keppel Communications Pte. Ltd., headquartered in Singapore, is
the wholly owned telecom subsidiary of Keppel
Telecommunications & Transportation Ltd (Keppel T&T) which is
listed on the Singapore Exchange. Keppel T&T, an
Internet-wireless telecom company, has established a strong track
record in systems integration of wireless, cellular and
computer-telephony products. Sister company, Radiance
Communications, a joint venture with Singapore-based SingTel,
specializes in business communication equipment distribution and
integration. Affinity Communications, Keppel T&T`s multimedia
integration arm provides web servicing, conferencing and call
center solutions. Keppel T&T is a consortium partner in
Singapore`s second cellular service operator, MobileOne (M1) and
one of the world`s fastest growing cellular operator. Recently,
Keppel T&T`s subsidiary, DataOne (Asia) Pte Ltd was launched
as a business Internet Service Provider in Singapore to provide
corporate enterprises with value-added Internet services. About
Arel Communications and Software

Arel Communications and Software, Ltd., Yavne, Israel, and its
Atlanta-based U.S. subsidiary, Arel Communications and
Software, Inc., market the IDEAL family of interactive distance
learning products including its new PC-based Spotlight application.
The Company`s ArelNet Ltd. subsidiary designs, develops,
produces and markets value-added communication and IP
telephony products for telephone carriers, Internet Service
Providers (ISPs) and other network operators worldwide.

Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "estimate," "project,"
"intend," "expect," "believe," "hopeful" and similar expressions are
intended to identify forward-looking statements. These
forward-looking statements involve known unknown risks and
uncertainties. Many factors could cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievements that
may be expressed or implied by such forward-looking statements,
including, among others, changes in general economic and business
conditions, inability to maintain market acceptance to the
Company`s products, inability to timely develop and introduce new
technologies, products and applications, rapid changes in the
market for the Company`s products, loss of market share and
pressure on prices resulting from competition, introduction of
competing products by other companies, inability to manage
growth and expansion, loss of key partners, inability to attract and
retain qualified personnel, inability to protect the Company`s
proprietary technology and risks associated with the Company`s
international operations and its location in Israel. For additional
information regarding these and other risks and uncertainties
associated with the Company`s business, reference is made to the
Company`s reports filed from time to time with the Securities and
Exchange Commission.

This release, and prior releases, are available on the KCSA Public
Relations Worlwide website at www.kcsa.com.

CONTACT: Robert Giordano/Paul Holm
KCSA Worldwide
[phone]/896-1201
[phone] (fax)
rgiordano.com/[e-mail]
or
Izhak Gross
Chairman and CEO
Arel Communication and Software Ltd.
972-8-9420880
972-8-9420860 (fax)
[e-mail] (email)
www.arel.net
www.arelnet.com

Die Aktie wird auch in Berlin gehandelt.

[EventHorizon]

Noch ein paar Infos:

vom 7.3.00
Arel Communications and Software`s (ARLCF) CEO Izhak Gross said a spinoff this spring of
the Internet telephony ArelNet unit will leave another half of the business, a maker of
interactive distance-learning systems, with a leaner company that will create "virtual
classrooms over the net." Arel`s has a market cap of about $190 million. "We truly believe we
will create value for shareholders," he said. (See one-year chart of Arel, Terayon and Gilat
Satellite above.)


03/27 08:36 ArelNet Ltd. Launches U.S. Subsidiary; Dr. Matti Laserson Named
ARLCF.O>

ArelNet Ltd. Launches U.S. Subsidiary; Dr. Matti Laserson Named President of ArelNet, Inc. To
Spearhead North American Growth

YAVNE, Israel--(BUSINESS WIRE)--March 27, 2000--Seeking to aggressively pursue the
Internet Protocol (IP) telephony marketplace in North America, ArelNet Ltd., a subsidiary of Arel
Communications & Software, Ltd. (NASDAQ: ARLCF), today announced the creation of a U.S.
subsidiary, ArelNet, Inc., based in Norwood, New Jersey.
Dr. Matti Laserson, with nearly 20 years of experience launching new companies as well as
marketing new technologies, has been named president of the new company. His
responsibilities include managing company sales, marketing and customer service activities for
the North and South American markets. Dr. Laserson is setting up the U.S. headquarters in
New Jersey, as well as a satellite office in Miami targeting Latin America. The formation of
ArelNet, Inc. represents ArelNet Ltd.`s dedication to becoming a leading player in the emerging,
global IP telephony arena.

"The increasing number of Internet telephony service providers and other network operators
makes North and Latin America crucial markets for our IP telephony products," said Amichai
Sobol, President, ArelNet Ltd. "By establishing ArelNet, Inc., we are demonstrating our
commitment and strengthening our ability to serve this growing customer base."

"The combination of Matti Laserson in the U.S. and Amichai Sobol in Israel gives us an
unmatched team to move ArelNet forward, "said Rachel Bennun, CEO, ArelNet Ltd.

Prior to joining ArelNet, Dr. Laserson was Executive Vice President of TransSKY, a company
that developed Wideband Code Division Multiplex Access (WCDMA) technology to meet the
standards of third-generation cellular communications. His past experience in the technology
industry includes co-founding and serving as Chief Operating Officer and Vice President of
Sales at Origin Technologies and five years in Digital Equipment Corporation (DEC) as manager
for large military and government sales accounts in Israel.

Dr. Laserson has a medical degree from Hebrew University in Jerusalem and was a fighter
pilot in the Israeli Air-Force.

Dr. Laserson`s appointment follows the recent selection of Amichai Sobol as President of
ArelNet Ltd., which is based in Israel and focuses on worldwide sales and marketing of the
Company`s IP telephony products.

About ArelNet

ArelNet Ltd. is a leading provider of IP telephony solutions to carriers, next generation
telecommunications companies, Internet service providers and value-added
telecommunications service providers. The Company`s i-Tone product line offers real-time
communications as well as enhanced fax and voice value-added services using a single
platform. New services are being added continuously to ensure that i-Tone customers maintain
a leading edge in the IP market.

ArelNet Ltd. is owned by Arel Communications and Software Ltd. (NASDAQ: ARLCF), Nortel
Networks (NYSE: NT), Elron (NASDAQ: ELRNF) and Keppel Telecommunications &
Transportation.

About Arel Communications and Software Ltd.

Arel Communications and Software Ltd., a leading e-training firm, designs, develops, integrates
and markets a family of products in the Interactive Distance Learning market called IDEAL. Arel
markets the IDEAL system in the U.S. and Canada through its fully own subsidiary - Arel
Communications and Software Inc., based in Atlanta.

Certain statements made herein that are not historical are forward-looking within the meaning
of the Private Securities Litigation Reform Act of 1995. The words "estimate," "project,"
"intend," "expect," "believe," "hopeful" and similar expressions are intended to identify
forward-looking statements. These forward-looking statements involve known unknown risks
and uncertainties. Many factors could cause the actual results, performance or achievements
of the Company to be materially different from any future results, performance or
achievements that may be expressed or implied by such forward-looking statements, including,
among others, changes in general economic and business conditions, inability to maintain
market acceptance to the Company`s products, inability to timely develop and introduce new
technologies, products and applications, rapid changes in the market for the Company`s
products, loss of market share and pressure on prices resulting from competition, introduction
of competing products by other companies, inability to manage growth and expansion, loss of
key partners, inability to attract and retain qualified personnel, inability to protect the Company`s
proprietary technology and risks associated with the Company`s international operations and
its location in Israel. For additional information regarding these and other risks and uncertainties
associated with the Company`s business, reference is made to the Company`s reports filed
from time to time with the Securities and Exchange Commission.

This press release and prior press releases are available on the KCSA Worldwide Web site at
http://www.kcsa.com/

WKN in Deutschland ist übrigens 903320