Crow Technologies 1977, Ltd.

Established in 1977, Crow is a worldwide leader in the security market. Crow develops, manufactures and markets advanced intruder detection systems. The company’s shares are publicly traded as an over-the-counter stock (OTC: CRWTF). More than 85% of Crow's turnover derives from export to over 50 countries.

The company achieved NIS 115 million in sales in 2004, an increase of 15% compared to the 2003 sales. Gross profits rose to NIS 45 million in 2004, compared to NIS 36 million in 2003. The company’s gross profit margin rose from 36% in 2003 to 39% in 2004.

Protecting Residential, Commercial and Industrial Sites

Crow’s products are designed to protect residential, commercial and industrial sites. The company’s portfolio offers a wide range of internationally recognized indoor and outdoor intrusion sensors and access control systems, hardwired and wireless detectors and control panels as well as digital CCTV recording and transmission devices.

Technological Innovation

Crow is highly respected in its field for spearheading technological innovation and for the high quality of its products. Its corporate strategy is to achieve a global view of the evolving market requirements/trends and to utilize its technological know-how and excellence in product development to rapidly introduce innovative products. Throughout its history, Crow has been introducing unique and advanced sensor and monitoring solutions.

Market Penetration

Crow’s strategy is to achieve a leadership position in the rapidly growing international security market. Crow sells its products in more than 50 countries, generating more than 85% of its sales outside of Israel. Today the company has achieved a leading position in Western and Eastern Europe, Australia, New Zealand and in Israel.

Primarily, Crow sells industry-leading “off-the-shelf” systems. Crow also customizes systems to satisfy specific requirements, through Original Equipment Manufacturer (OEM) agreements.

Total Quality Management

Crow is ISO 9001:2000 compliant and utilizes advanced Quality Assurance and Total Quality Management procedures in all development and production processes. The company has obtained approvals from the U.S. Underwriters Laboratories (UL), as well as European approvals such as IMQ, NFA2P, SKAFOR and ANPI.

Newest Security Products

Crow is expanding its product portfolio during 2005 to include:

• Alarm verification solutions: Crow is developing client servers and monitoring central station software implementing TCP/IP, GPRS and video transmission technologies, using the new ZigBee™ communication standard (802.15.4).
• Advanced wireless low current devices: Crow is developing a new line of wireless accessories including smoke, shock, glass break and PIR devices employing a line of new single and dual channel ASICs.
• Outdoor protection: Crow is completing the development of unique wireless active photo beam sensors.