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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (65)	4/13/2005 9:16:44 AM
From: Glenn Petersen	Read Replies (1) \| Respond to of 3862

Another blank check company, Israel Technology Acquisition Corp., has filed an S-1. The deal is being underwritten by EarlyBirdCapital. The company is going to focus its acquisition search on manufacturing and research and development companies located in Israel. Israel Technology Acquisition Corp. – STILL IN REGISTRATION Number of units being offered: 3,000,000 Proposed price per unit: $6.00 Terms of deal: One share of common stock and warrants to purchase two shares of common stock at $5.00 per share. Underwriters: EarlyBirdCapital, Inc. Proposed ticker symbols Common stock: Not known Warrants: Not known Units: Not known Common shares to be outstanding subsequent to IPO: 3,750,000 Shares to be held by public shareholders: 3,000,000 Shares held by insiders: 750,000 Percentage held by public shareholders: 80.0% Gross proceeds being raised: $18,000,000 Net proceeds to be held in escrow: $15,310,000 Escrowed proceeds per share applicable to future public shareholders: $5.10 Date of IPO: N/A Date of original filing: March 15, 2005 Current stock price Common stock: N/A Warrants: N/A Units: N/A Description of business: Israel Technology Acquisition Corp. is a newly organized Specified Purpose Acquisition CompanyTM, or SPACTM. A “Specified Purpose Acquisition Company” or “SPAC” is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business in a specified industry. Our objective is to acquire an operating business that has manufacturing operations or research and development facilities located in Israel. Biographical information for significant officer: Israel Frieder has served as our chairman of the board and chief executive officer since our inception. Since January 2005, Mr. Frieder has provided management consulting services to Teledata Networks NV, a provider of wireline access products and next generation network solutions for telecom operators and service providers. From May 2001 to December 2004, Mr. Frieder served as the president and chief executive officer of Kardan Communications Ltd., a private investment company active in various fields including telecommunications and information technology. From 1999 to May 2001, Mr. Frieder served as corporate vice president of business development and strategic planning for ECI Telecom Ltd., a Nasdaq listed provider of network and access solutions for digital telecommunications networks, and from 1996 to 1998 he served as president of ECI Telecom Inc./DNI (USA), a wholly owned subsidiary of ECI Telecom Ltd. From 1987 to 1996, Mr. Frieder served as president of Tadiran Telecommunications Ltd. Network Systems, a company that provides telecommunications solutions for operators and which was acquired by ECI Telecom. Mr. Frieder has served as a member of the board of directors of RiT Technologies Ltd., a Nasdaq SmallCap Market listed company that provides solutions for improved control, utilization and maintenance of computer networks, since January 2002. He has also served as a member of the board of directors of a number of private companies, including RRSat Ltd. and Cellvine Ltd., and served as a member of the investment committee of Aviv Venture Capital. Mr. Frieder is a former winner of the Israel Defense Prize and the Israel Kaplan Prize. Mr. Frieder received a B.Sc. (Electrical Engineering) from the Technion Israel Institute of Technology in Haifa, Israel and an M.B.A. (with distinction) from the Hebrew University of Jerusalem in Israel. SEC filings: sec.gov

To: Glenn Petersen who wrote (65)	4/20/2005 9:46:31 AM
From: Glenn Petersen	Read Replies (2) \| Respond to of 3862

SUMMARY INFORMATION - APRIL 18, 2005 Companies Without Deals CEA Acquisition, Inc. (CEAC, CEACW) Date of offering: February 13, 2004 Deadline for acquisition: August 13, 2005 Price per share: $5.35 Cash per share: $5.10 Price per warrant: $1.01 Strike price: $5.00 SEC filings: sec.gov Great Wall Acquisition Corporation (GWAQ, GWAQW) Date of offering: March 19, 2004 Deadline for acquisition: September 19, 2005 Price per share: $5.10 Cash per share: $5.13 Price per warrant: $0.60 Strike price: $5.00 SEC filings: sec.gov Tremisis Energy Acquisition Corp. (TEGY, TEGYW) Date of offering: May 13, 2004 Deadline for acquisition: November 13, 2005 Price per share: $5.45 Cash per share: $5.10 Price per warrant: $0.76 Strike price: $5.00 SEC filings: sec.gov Arpeggio Acquisition Corp. (APGO, APGOW) Date of offering: June 24, 2004 Deadline for acquisition: December 24, 2005 Price per share: $5.40 Cash per share: $5.14 Price per warrant: $0.83 Strike price: $5.00 SEC filings: sec.gov Sand Hill IT Security Acquisition Corp. (SHQC, SHQCW) Date of offering: July 27, 2004 Deadline for acquisition: January 27, 2006 Price per share: $5.00 Cash per share: $5.10 Price per warrant: $0.66 Strike price: $5.00 SEC filings: sec.gov China Mineral Acquisition Corporation (CMAQ, CMAQW) Date of offering: August 30, 2004 Deadline for acquisition: March 2, 2006 Price per share: $5.07 Cash per share: $5.10 Price per warrant: $0.59 Strike price: $5.00 SEC filings: sec.gov Rand Acquisition Corporation (RAQC, RAQCW) Date of offering: November 2, 2004 Deadline for acquisition: May 2, 2006 Price per share: $5.25 Cash per share: $5.16 Price per warrant: $0.72 Strike price: $5.00 SEC filings: sec.gov China Unistone Acquisition Corporation (CUAQ, CUAQW) Date of offering: November 24, 2004 Deadline for acquisition: May 24, 2006 Price per share: $5.25 Cash per share: $5.10 Price per warrant: $0.85 Strike price: $5.00 SEC filings: sec.gov Millstream II Acquisition Corp. (MSMA, MSMAW) Date of offering: December 23, 2004 Deadline for acquisition: June 23, 2006 Price per share: $5.25 Cash per share: $5.10 Price per warrant: $0.75 Strike price: $5.00 SEC filings: sec.gov Coastal Bancshares Acquisition Corp. (CBAS, CBASW) Date of offering: February 14, 2005 Deadline for acquisition: August 14, 2006 Price per share: $4.97 Cash per share: $5.16 Price per warrant: $0.63 Strike price: $5.00 SEC filings: sec.gov Ardent Acquisition Corporation (AACQ, AACQW, AACQU) Date of offering: February 24, 2005 Deadline for acquisition: August 24, 2006 Price per share: $5.13 Cash per share: $5.20 Price per warrant: $0.58 Strike price: $5.00 SEC filings: sec.gov Aldabra Acquisition Corporation (ALBA, ALBAW) Date of offering: February 24, 2005 Deadline for acquisition: August 24, 2006 Price per share: $5.23 Cash per share: $5.33 Price per warrant: $0.61 Strike price: $5.00 SEC filings: sec.gov Mercator Partners Acquisition Corp. Date of offering: April 15, 2005 Deadline for acquisition: October 15, 2005 Price per share: Not trading yet Cash per share: $5.05 Price per warrant: Not trading yet Strike price: $5.00 Price per unit: $10.45 (MPABU) and $11.10 (MPAQU) SEC filings: sec.gov Terra Nova Acquisition Corporation Date of offering: April 19, 2005 Deadline for acquisition: October 19, 2005 Price per share: Not trading yet Cash per share: $5.17 Prive per warrant: Not trading yet Strike price: $5.00 Price per unit: $6.22 SEC filings: sec.gov Companies With Deals That Have Not Closed Chardan China Acquisition (CAQC, CAQCW) Date of offering: March 17, 2004 Date of deal announcement: December 20, 2004 Number of days prior to announcement of deal: 248 Price per share: $7.65 Price per warrant: $2.50 Strike price: $5.00 SEC filings: sec.gov Trinity Partners Acquisition Company, Inc. (TPQCA, TPQCB, TPQCAW, TPQCAL) Date offering: May 10, 2004 Date of deal announcement: January 18, 2005 Number of days prior to announcement of deal: 253 Price per share (Class A): $5.00 Price per share (Class B): $5.00 Price per warrant (TPQCAW): $1.01 Price per warrant (TPQCAL): $1.01 Strike price: $5.00 SEC filings: sec.gov International Shipping Enterprises, Inc. (ISHP, ISHPW) Date of offering: December 14, 2004 Date of deal announcement: March 1, 2005 Number of days prior to announcement: 76 Price per share: $5.93 Price per warrant: $1.35 Strike price: $5.00 SEC filings: sec.gov Companies With Completed Deals NationsHealth, Inc. (formerly Millstream Acquisition Corporation) (NHRX, NHRXW) Date of offering: August 25, 2003 Date of deal announcement: March 9, 2004 Number of days prior to announcement: 196 Date of deal close: August 31, 2004 Price per share: $5.51 Price per warrant: $1.23 Strike price: $5.00 SEC filings: sec.gov Companies In Registration Services Acquisition Corp. International Date of initial filing: February 14, 2005 Estimated proceeds: $40,000,000 Underwriter: Broadband Capital Management LLC SEC filings: sec.gov International Metal Enterprises, Inc. Date of initial filing: February 23, 2005 Estimated proceeds: $180,000,000 Underwriter: Sunrise Securities Corp. SEC filings: sec.gov KBL Healthcare Acquisition Corp. II Date of initial filing: February 25, 2005 Estimated proceeds: $30,000,000 Underwriter: EarlyBirdCapital, Inc. SEC filings: sec.gov Juniper Partners Acquisition Corp. Date of initial filing: February 28, 2005 Estimated proceeds: $15,250,000 Underwriter: HCFP/Brenner Securities LLC SEC filings: sec.gov Israel Technology Acquisition Corp. Date of initial filing: March 15, 2005 Estimated proceeds: $15,250,000 Underwriter: EarlyBirdCapital, Inc. SEC filings: sec.gov TAC Acquisition Corp. Date of initial filing: March 17, 2005 Estimated proceeds: $18,000,000 Underwriter: Wedbush Morgan Securities, Inc. SEC filings: sec.gov Fortress American Acquisition Corporation Date of initial filing: March 23, 2005 Estimated proceeds: $42,000,000 Underwriter: Sunrise Securities SEC filings: sec.gov Ad.Venture Partners, Inc. Date of initial filing: April 18, 2005 Estimated proceeds: $90,000,000 Underwriter: EarlyBirdCapital, Inc. SEC filings: sec.gov