Key Management Executives

UZI LEVAMI, 57, our Chief Executive Officer, was appointed Executive Director in December 2008. On February 22, 2009, Mr. Levami was named CEO of the Company. He holds a Master's degree in Computer Sciences from the Weitzman Institute and a Bachelor's degree in Electrical Engineering, Cum Laude, from the Technion - Israel Institute of Technology. Mr. Levami is one of the original founders of Sarin and has a rich history of founding high-tech companies (Compulite Ltd., Shalev Computer Systems Ltd. and EquipNet Ltd., a start-up spin-off of Interhightech Ltd.). Mr. Levami most recently held the position of Director of Business Development at MKS Instruments Inc., a publicly traded US company supplying in excess of $700M of capital equipment to the semiconductor industry, after the most recent company he founded, EquipNet Ltd., was acquired by MKS. From 1973 to 1980, he was a Major in the Israel Defence Forces and in 1992 was awarded the prestigious Israel Defence Award by Israeli President Herzog.

DAVID SYDNEY BLOCK, 34, is the Group's Deputy CEO and VP Sales appointed as of June 2009. Mr. Block is responsible for overseeing the group's worldwide sales including the network of distributors and subsidiaries. Prior to this appointment Mr. Block was the Chief Executive Officer of Sarin India in charge of overall management of the operations and business in Sarin India, responsible for 70% of the Group's revenues and the management of 100+ employees. Before being assigned to Sarin India Mr. Block was the Group's Product Manager responsible for all the products aimed at the diamond manufacturing market. Prior to joining the Group, Mr. Block worked at several major Israeli high technology companies in the management of large-scale development projects, computer programming, quality assurance and technical writing positions. Mr. Block holds a Bachelor's degree in Computer Science from the Tel-Aviv-Jaffa Academic College in Israel.

BILL KESSLER, 43, has served as our Chief Financial Officer since May 2009. Mr. Kessler has approximately 20 years of corporate and Wall Street experience, working with publicly-traded and private companies in Israel and the United States. From July 2006 until May 2009, Mr. Kessler served as the Principal Finance and Accounting Officer (CFO) of XTL Biopharmaceuticals Ltd. (Nasdaq: XTLB; LSE: XTL and TASE: XTL) and was previously its Director of Finance since January 2006, having served as a financial consultant to XTL during 2005, when he spearheaded the process of listing XTL for trading on the Nasdaq. From October 2003 until December 2005, Mr. Kessler served as a financial consultant to Keryx Biopharmaceuticals, Inc. (Nasdaq: KERX), following the relocation of its headquarters to New York, after having served as their Controller in Israel from 2001 until September 2003. From 1996-2000, Mr. Kessler served as Chief Financial Officer for Interhightech Ltd. While on Wall Street, Mr. Kessler worked as a research analyst at Wertheim Schroder & Co., covering media and entertainment companies. Mr. Kessler holds a B.A., Magna Cum Laude, in Economics and Mathematics from Yeshiva University, and an M.B.A., from Columbia University.

ABRAHAM MEIR KERNER, our Chief Technological Officer, is primarily responsible for developing the Group's technological base and the development of new products. Mr. Kerner has been with the Company since 1995 and holds a Bachelor's degree in Electrical Engineering from the Technion - Israel Institute of Technology. Before his appointment as Chief Technological Officer in 2004, he was our R&D manager for nearly a decade. Prior to joining the Group, he accumulated 15 years of engineering experience and was involved for ten of those years in the development of precision motion control systems and accurate measuring machines for diamonds.

AKIVA CASPI is the Group's Vice President and Manager of the Manufacturing Market Business Activity, established as of January 2006. Mr. Caspi is responsible for overseeing all aspects of the Manufacturing Market Business Activity operations including relevant product management, sales promotion, and pricing strategies. He holds a Bachelor's degree in Electronic Engineering from the Technion - Israel Institute of Technology. Prior to joining Sarin he served as Director of Research & Development at the Gemological Institute of America (GIA), where he was responsible for integrating the new GIA cut system into optical scanning devices, Director of Marketing at Dialit, an Israeli company that develops, manufactures, and sells automatic polishing equipment, and Director of Technology for the Israel Diamond Institute, where he led the introduction of new technologies, such as optical scanning devices and improved laser technologies, to the diamond cutting industry.

YOSEF VAX is the Group's Vice President for Operations, in charge of production, administration and quality control in the Company. He has been with the Group since 2001 and is responsible for product assembly lines, purchasing, logistics and ensuring the quality of the Group's products. He is an Electronics Practical Engineer from the Tel-Aviv College in Israel and is also a Certified Quality Manager from the A.L.D College for Certified Managers for Quality in Israel. Prior to joining the Group, Mr. Vax spent over 15 years in various quality control management and inspection positions, in charge of quality control processes, inspection of electronics, electro-optics, optics and mechanical sub-assemblies and components manufacturing and customer care.

Tzafrir Engelhard, 32, is the CEO of Sarin India appointed as of June 2009. Mr. Engelhard is in charge of overall management of all business and operations aspects in India. Mr. Engelhard holds an M.B.A. degree from the Hebrew University and a Bachelor's degree in Optomechanical Engineering from the Technion - Israel Institute of Technology. Before being assigned to Sarin India, Mr. Engelhard was the Group's Product Manager of for manufacturing processes systems and color machines. Prior to joining the Company, he had accumulated experience in business development and worldwide marketing while managing products/projects with extensive research and development orientation. He has worked for several worldwide leading companies - such as Nest, CogniTens & eTouchWare.

RAJESHWARI H. MEHTA is Vice President of Sarin India, having been appointed in 2004. Ms. Mehta is responsible for all pre-sale and post-sale activities relating to the Group's products in India. She holds a Master's degree in Organic Chemistry and a Masters in Business Administration from the South Gujarat University, India. Prior to joining Sarin India, she was employed by the Company for two years doing various market surveys in India. From 1999 to 2002, she was the Vice President of Marketing at Sahajanand Technologies P. Limited, at that time our Indian distributor, where she led the marketing team tasked with the sales of our Group's products in India.