GENERAL INFORMATION
Established:  1992
Type:  Industry
Ownership:  Private
Parent:  MEDIS TECHNOLOGIES

Core business

Clean energy; Fuel Cells. Power Pack for cellular communications
and portable computers.

Employees:  54
Professionals:  42
Market regions:  Asia, Europe, USA, South America

Overview

MEDIS EL LTD. is developing highly advanced proprietary
technologies to satisfy the worldwide demand for cleaner and more
efficient energy. The Company was established in 1992 to enter a
joint venture with Israel Aircraft Industries (IAI) - Israel's
largest aerospace company that developed many of its most
advanced aerospace and military technologies - in order to
exploit new technologies for civilian application. MEDIS EL is
applying the accumulated knowledge of leading Russian-Israeli
scientists and cutting-edge technology developed for military use
to create its breakthrough proprietary products.

The Company is currently developing highly advanced proprietary
technologies in a number of key areas of market demand:
* Greater and longer-lasting power through proprietary fuel cell
technology for portable electronic devices.
* Improved cell based medical diagnostics and research systems.

The fuel cell is an electro-chemical device that converts the
chemical energy of a fuel, such as hydrogen, ethanol or methanol,
into electrical energy. There are different types of fuel cells
being developed for commercial applications, many of which are
intended for large-scale applications such as automobiles and
stationary power generation. By contrast, MEDIS' fuel cells are
being developed for small scale applications, and in particular
for use in portable electronic devices.
The current focus of MEDIS' efforts and funding is on the
advanced development, manufacturing, marketing and distribution
of its fuel cell products - the disposable Power Pack for the
consumer (personal and professional) market and the refuelable
military Power Pack. MEDIS' disposable Power Pack is a portable
auxiliary power source that operates and charges portable
electronic devices, such as cell phones (including the most
advanced "3G" cell phones with a full range of functionality),
digital cameras, PDAs, MP3 players, hand-held video games and
other devices with similar power requirements.

MEDIS' Desktop CellScan is a state of the art cytometer that can
repeatedly and continuously monitor the fluorescence intensity
and polarization by using fluorescence probes within individual,
non-adherent living cells. This unique capability substantially
extends the range and surpasses the capabilities of other
cytometric measuring devices.
The heart of the CellScan is a unique, patented CellCarrier that
contains up to 10,000 wells, each of which accommodates a single
cell. It is this CellCarrier that enables the continuous
monitoring and handling of individual cells, including their
computerized isolation.
The CellScan has been used in a number of studies to develop new
tools to diagnose diseases such as breast cancers, tuberculosis
and lupus and in the development of a test allowing in vitro
chemo-sensitivity/resistance testing for specific tumors.
The Desktop CellScan performs dual functions simultaneously. It
monitors and analyzes individual multicolored stained living
cells in real time, while applying computer-controlled laser
beams of light. This capacity to precisely measure the optical
parameters of individual living cells greatly facilitates kinetic
analyses of heterogeneous cell populations. This feature is
particularly useful for investigating physiological, clinical and
diagnostic aspects of cells.

MEDIS' other technologies, in varying stages of development,
include:
* Advanced inherently conductive polymers.
* High performance and fuel efficient engines.
* Energy saving and environmentally friendly refrigeration and
cooling systems.