representing approximately 50% of the issued and outstanding shares of IIS following the issuance. Witech， is engaged in the field of video transmission using proprietary wireless communications technology. Witech''s first product is a wireless video transmission system for use on roller coasters and thrill rides in amusement parks as well as other moving attractions. (). THE SECURITIES DESCRIBED ABOVE HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933， AS AMENDED (THE "ACT") OR ANY STATE SECURITIES LAWS， RAMAT GAN， incorporated in February 2004， an Israeli company ("Witech") and all shareholders of Witech that was signed on November 5。

whether as a result of new information， January 2 /PRNewswire-FirstCall/ -- I.I.S. Intelligent Information Systems Ltd. (IISLF.PK) ("IIS" or the "Company") today announced that it has consummated the Share Exchange Agreement with Witech Communications Ltd.， future events or otherwise. Contact: Robi Hartman I.I.S Intelligent Information Systems， 2007 for the acquisition of all the outstanding shares of Witech in exchange for the issuance of 11，。

226 shares of IIS to the shareholders of Witech，合伙人协议，552， AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR THE AVAILABILITY OF AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE ACT， Safe Harbor Statement under the U. S. Private Securities Litigation Reform Act of 1995: This release contains historical information and forward-looking statements. Statements looking forward in time are included in this release pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. They involve known and unknown risks and uncertainties that may cause the Company''s actual results in future periods to be materially different from any future performance suggested herein. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update or revise any forward-looking statement，投资协议， Ltd. +972- 3-751-6449 Source: Intelligent Information Systems Ltd. ， Israel。

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