Summary of Communication with Client – Projected Revenue of $US100M within the Next 10 Years

Bet Shemesh Engines Ltd. (BSEL) was established in 1968 as a jet engine parts manufacturer, dealing with engine parts manufacturing, engines overhaul and customer support. Today BSEL is a Public Company, traded in the Tel Aviv Stock Exchange since 1997. Advanced equipment, combined with a highly trained and dedicated staff, enable Bet Shemesh Engines to meet any challenge in the gas turbine engine world. BSEL can manufacture a single part, a sub-assembly or a complete engine, as well as provision of overhaul, repair and upgrade services, certified by major Original Equipment Manufacturers (OEM) and Civil Aviation Authorities.