ISE Consulting & Directing Ltd. (Tel-Aviv Stock Exchange "ISI") Announced that it Completed a Sale to Pollak Tishler Holdings Ltd.

ISE Consulting & Directing Ltd. (Tel-Aviv Stock Exchange "ISI"), a company controlled by Mr. Anthony Pollak, announced that it completed the sale of all its assets and liabilities to a company controlled by its majority stockholder, Pollak Tishler Holdings Ltd.

(PRWEB) November 13, 2006 -- ISE Consulting & Directing Ltd. (Tel-Aviv Stock Exchange "ISI"), a company controlled by Mr. Anthony Pollak, announced that it completed the sale of all its assets and liabilities to a company controlled by its majority stockholder, Pollak Tishler Holdings Ltd.

On Sept 12, 2006 ISE also announced that it paid a 28,653,295 cash dividend or 1 NIS per share. The dividend was paid to shareholders of record on September 18th. ISE's stock traded ex dividend on September 19th with the cash payment to distributed on October 3rd.

Mr. Anthony Pollak also added that for the six months ended 6/30/2006 its net income was NIS 1,354,000 up from NIS 1,328,000 for the six months ended 6/30/2005. The company also reported it had cash and other short term investments of NIS 10,938,000.

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