David Artzi: The Export Institute’s high-tech delegation had a successful visit in Italy

Estimates that expected telecommunications and information security transactions could reach a volume of $20 million
24.04.06 / 00:00
David Atrzi
24.04.06
David Atrzi
•

Estimates that expected telecommunications and information security transactions could reach a volume of $20 million
 
A successful visit by the Export Institute’s delegation that returned from Italy last week was reported by David Artzi, Chairman of the Export Institute
 
After checking with the delegation members, the Export Institute estimates telecommunications and information security deals between Israeli and Italian companies will total some $20 million over the next three years. The subject at hand is cooperation and transactions expected to be signed in the near future between the Israeli companies that participated in the delegation: CheckPoint, Cyber-Ark, Lynx Photonic Networks, PineApp Ltd., Safend, Verint, RadWare, Aladdin Knowledge Systems, ControlGuard and PortAuthority Technologies, and the Italian companies: Telecom Italia and Wind.
 
The Export Institute notes that over 250 companies and organizations in Italy attended meetings with the Israeli high-tech delegation, with assistance from the Italian Ministry of Communications and the Economic Attachי in Rome.
 
The Export Institute reports that the Italian market for the information technology industry is estimated to be billions of dollars.
 
The volume of Israeli exports to Italy in information technology and telecommunications came to $53 million in 2005, constituting an increase of 33% over the preceding year.
 
Notably, during the seminar, Dr. Zanasi, a member of the European Security Research Advisory Board, presented the Israeli and Italian participants with possibilities for submitting projects for tenders that will be issued by the European Union as part of the European Security Research Program, for a total of 4 billion Euros in the next few years. He explicitly emphasized the possibility of integrating Israeli companies by virtue of the association agreement of Israel with the European Union.
 
The Chairman of the Export Institute said that more than 700 Israeli companies are currently active in the realm of information technology and telecommunications.

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