News: Deals: Reports

Cimatron Ltd & DBSi	Update Date: 06/09/08
Date Announced: 05/13/08
Value (million $USD): 4.8 million U.S. Dollar 16.3 million Israeli Shekel

Status: Pending

TRANSACTION DETAILS
Date Announced	05/13/08
Date Originally Announced	05/13/08
Format	Acq. Part. Int.	Acquisition techniques	Privately Negotiated Purc
Attitude	Friendly	Agency	n/a
Value	4.8 million U.S. Dollar 16.3 million Israeli Shekel	Advisor Fees	n/a

SYNOPSIS
ISRAEL - DBSi agreed to raise its stake to 45% from 28%, by acquiring a 1.7 mil ordinary shares, or an 18% stake, in Cimatron Ltd, a software development company, for 9.598 Israeli shekels ($2.8 US) per share, or a total value of 16.317 mil shekels ($4.76 mil), in a privately negotiated transaction. The transaction was subject to customary closing condition.

TARGET
Name	Cimatron Ltd (CIMT)
Industries	n/a
City	Givat Shmuel
State	n/a
Nation	Israel
Incorporated in	n/a
Public Status	Public
Business Description	Cimatron Ltd, headquartered in Givat Shmuel, develops integrated CAD/CAM (computer-aided design/computer-aided manufacturing) toolmaking software and creating, editing and re-use of mold sub-systems for the manufacturing industry. The company was founded in 1982.
Advisors	NULL
Target Sales	30.4 million U.S. Dollar 117.0 million Israeli Shekel

ACQUIROR
Name	DBSi
Industries	Prepackaged Software; Computer related services,nec; Data processing services
City	Bethlehem
State	n/a
Nation	Israel
Incorporated in	n/a
Public Status	Private
Business Description	DBSi provides information technology services. The company is headquartered in Bethlehem, Israel. The company provides disaster recovery, managed hosting, workspace recovery, co-location and other services to data security.
Advisors	NULL
Acquiror Sales	n/a

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