ABOUT THE ISRAELI ELECTRIC CORPORATION
The IEC is the sole integrated electric utility in the State of Israel and generates, transmits and distributes substantially all the electricity used in Israel. 99% of the Company is owned by the Government. Installed capacity: 12,700 MW (430 MW self-generation/private), peak demand 11,530 MW (19/8/2010) (10,950 MW by IEC), annual budget approximately 20 billion NIS. IEC is one of the biggest industrial companies in Israel totaling approximately 12,500 employees and serving approximately 2.6 million customers. The fiber network managed by the Communication and Electronics Unit in the Information Systems & Communication division provides all the communication needs of IEC including the operation and control systems, IT and telephony covering hundreds of IEC's premises all over Israel. For more information, please visit http://www.iec.co.il/EN/IR/Pages/default.aspx.
ABOUT ECI TELECOM
ECI Telecom delivers innovative communications platforms to carriers and service providers worldwide. ECI provides efficient platforms and solutions that enable customers to rapidly deploy cost-effective, revenue-generating services. Founded in 1961, Israel-based ECI has consistently delivered customer-focused networking solutions to the world’s largest carriers. The Company is also a market leader in many emerging markets and has focused solutions for utilities. ECI provides scalable broadband access, transport and data networking infrastructure that provides the foundation for the communications of tomorrow, including next-generation voice, IPTV, mobility and other business solutions.