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Fulcrum Raises $2.3M

16 October 2011


Nanotechnology composite materials developer Fulcrum Stable Proteins Ltd. has raised $2.3 million from the following companies: Docor International Management Ltd., Maayan Ventures Ltd. (TASE:MAYN), IVIC Tech LP, Chiara Di Segni Shilat, Shikma AMR Ltd, SOL Partners Ltd., HF Partners,
i-Networks, International Ventures Investment Ltd., Tango Engineering, and Alon Fine.

Fulcrum was founded in 2007 within Maayan Ventures' incubator Rotem Industries Ltd. The company has developed a proprietary protein to coat and bind nanoparticles to fabrics, and to disperse nanoparticles in matrixes and adhesives, something that enhances the performance of carbon polymer-based materials such as fiberglass and Kevlar. The resulting product is lighter and stronger than steel and aluminum, and has attracted great interest from the aerospace, construction, ballistic armor, sporting equipment, and cleantech industries.

In the announcement, CEO Nimrod Litvak said "Fulcrum is the first company in the world to harness proteins and nanoparticles for use in composite materials". Highwrite was involved in forging Fulcrum's marketing messages and created some of the company's investor materials including the main executive summary. In a personal letter to Neil Leigh of Highwrite, Mr. Litvak wrote."Thank you for the part you played in the process and in the support you gave us during this period".

Visit the Fulcrum website: www.fulcrumsp.com.