Digiflex - Venture Capital Fund Investment

Representation of the Investors at Series B Preferred Investment Round in Digiflex Ltd.

June 2010

Dr. ZEEV HOLENDER represented a group of investors, including KLA Tencor Corporation (Nasdaq: KLAC) founder and chairman emeritus Kenneth Levy, Teuza - A Fairchild Technology Venture Ltd. (TASE:TUZA), ProSeed Venture Capital Fund (TASE:PRSD), and others at an investment round in Digiflex Ltd.

 
Digiflex Ltd. is developing flexographic printing plates designated to be used as a low-cost and reliable inkjet alternative to expensive laser printers. Flexographic printing plates are mainly used for labels, cartons, and flexible packaging. 
 
Our law firm has advised the investors commencing from the initial negotiations regarding the Term Sheet of the deal, in drafting and negotiating the Share Purchase agreement (SPA), restating the Articles of Associations and providing the neccesary counsel as to the corporate governance, M&A and tax aspects of the investment.
 
The team of the firm's lawyers involved in the deal led by Dr. Zeev Holender, included Zorick Shifman and others.
 
 
[Source: business description of the deal above is based on the reports filed by Pro-Seed and Teuza with the Tel Aviv Stock Exchange]