Ann: Change of Director's Interest Notice - Nir **ay, page-43

Elsight was formerly a specific solution provider for a specific company based on their specific needs.
Now it is a plug n play that will be embedded across all verticals.
So previous long sales cycles and lag times willbe replaced with quicker takeup.
In the tech space the PE for a software tech play would gravitate to 15-20X and Infact more towards the 20X
I’m not convinced we will have to see that revenue to justify that share price. Once take come commences the market will factor in blue sky.
Akp is yet to have a commercial product and/or revenue and sits with a MC of 500M.
They are a software tech play so the comparison is justified.
Post our rollout and take up with contracts I think we can match a similar value.
We have all done enough FA and due diligence here and to each their own. My belief in this company to execute has not waivered. Halo is a company maker and game changer. Without halo, I would be very concerned as to mgts ability to execute within reasonable timeframes.