1. Presentation for the Russian VC & Technology Event Ministry of Industry, Trade and Labor & MATIMOP March 14 th, 2007

2. Mission Statement A LEADING PROVIDER OF HIGH PERFORMANCE, COST EFFECTIVE, CELLULAR AND WIRELESS RECEPTION ENHANCEMENT SOLUTIONS FOR EXISTING AND NEXT GENERATION NETWORKS

3. Company Overview  Founded in 2002 as part of the Israel Chief Scientist program  Won “Telecom - Outstanding Company” award by the Israeli Ministry of Communications  Located in Or-Yehuda, Israel  Backed by the Frost Group, Peregrine Ventures, the Israel Chief Scientist and Private Investors  Three R&D departments : (1) Cellular Products & Solutions (2) Communication & RF components (3) Military Applications

4. Current Products Portfolio Indoor Coverage Software Management Outdoor Coverage Midi Repeater 1W Power Repeater 10-30W High Power TMB TMA Frequency Shift Repeater CIRC – NMS Management SYS CMSS – Control & Monitoring SYS TEPER - Control & Monitoring SYS for PDA Personal Repeater Pico Repeater 0.01-0.05W Mini Repeater 1W High power Repeater 10W Multi Band Repeater Adjustable band Repeater SDAS for In-Building Deployment All of Cellvine’s Repeaters can be: Channel or Band Selective, Multi Channel or Multi Band Selective and with Adjustable Filteration.

5. Wireless Market Trend  Today coverage is one of the major factors in customer satisfaction  The heart of the problem is the indoor environment: ~ 50% of the network traffic is initiated indoors ~ 40% of the subscribers complain of poor cellular indoor coverage  Huge potential for Cellvine’s innovative wireless solutions

6. Cellular Coverage Environment DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 1 1 1 1 2 3 4 4 7 6 2 3 4 5 6 7 5

7. DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 DAS + Indoor BTS Back

8. DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 DAS + Indoor BTS Back

9. DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 DAS + Indoor BTS Back

10. DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 DAS + Indoor BTS + Antennas Back

11. DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 Outdoor BTS + Antenna Active Accessories Back

12. DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 Repeater + DAS Back

13. DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 Indoor BTS + DAS + Anti Radiation Back

14. Personal Repeater DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 Back

15. DAS + Indoor BTS DAS+Indoor BTS+Antennas Outdoor BTS+Antenna Active Accessories Repeater + DAS Indoor BTS+DAS + Anti Radiation Personal Repeater Mini Repeater 1 2 3 4 5 6 7 Back

16. Cellvine’s Unique Technologies  Automatic detection & protection from noise & oscillation  Internal antenna isolation testing  Smart capacity traffic load balancing system  Automatic detection of active channels  Smart programmable AGC for GSM, iDEN & CDMA with correlation between UL & DL  Traffic activation for UL to reduce noise floor at the BTS  Traffic Measurement System  Monitoring & Control System with network failure analysis  Advance RF DAS (SDS) with Smart Antenna Power Control to Reduce Multi PN Pollution.

17. Cellvine Strategic Partnerships  Alcatel-Lucent– Strategic agreement for Global distribution.  Motorola Cellular – Strategic relationship for iDen based equipment.  Motorola Military - Co-development activities supporting military cellular coverage equipment  NII Holdings, Inc., formerly known as Nextel International, ("NII") – Strategic partnership to provide innovative coverage solutions to their five Operators across Latin America  IA450 – A full member of the CDMA 450 Organization and strategic vendor to leading 450 Operators

18. Cellvine’s Activities in the Russian Market  Companies product passed certification process and were approved for the Russian telecom market  Major opportunity resulted from networks migration from 2G to 3G Partners:  Technoserv – Large scale system integrator.  Telecom Express – System integrator. Ongoing relations since 2006. Customers :  CDMA Operators – Skylink, DELTA  GSM Operators – Beeline, MTS  Potential End Customers – Megaphone, Tele2, Uralsvyazinform, SMARTS, SIBIRTELECOM, Others

19. Cellvine’s Unique HR Composition  Company employs today 38 employees, and numerous sub- contractors and outsourced service providers.  16 out of the 38 were born in Russia  All departments – R&D, Operations, Sales  Significant portion of the R&D team with extensive knowledge in RF and MW fields  Company is proud of being a practical incubator to immigrants from Russia

20. Minimal Network Disturbances Cost Effective Systems Radiation Control SDAS Bringing Intelligence to the Cellular In Building Coverage Arena Optimal Cellular Coverage Value Proposition

21. Thank You ! Contact Info: Dror Yagil, CFO dror@cellvine.com +972-54-200-9000