Telrad Talk Forum

Dear Valued Partners,

It is with great pleasure that I introduce myself to you as the new majority owner of Telrad Connegy and its Chairman. My name is Avi Weinrib, and I own and operate a number of Israeli based companies. Among the most notable are MultiSource, a contract manufacturer specializing in the high–tech industry and Celldor which has acquired Telrad Connegy. The acquisition of Telrad Connegy by Celldor is a financial transaction and has no bearing on the future business direction of Telrad Connegy. The company is staying independent and Celldor will remain a passive shareholder.

What really matters is that I myself will be actively involved with the company. Telrad Connegy's success is very important for me and I plan to spend most of my professional time with the company in an active chairman role. While I am proud of my companies and the success they have achieved, my knowledge and abilities are in no way limited to MultiSource and Celldor. My background goes way back to Tadiran where I served in various senior management positions. I have vast experience in operations, supply chain, manufacturing and financial control and it is due to my knowledge, track record and financial abilities that I was sought out by Telrad Connegy and Fortissimo Capital to take a leading investment role in Telrad Connegy.

I am certain that I will be able to continue with the improvement in manufacturing quality throughout the company to immensely improve our (yours and ours) competitive position. My goal is to continue with the strategy and quality improvements already instituted under the management of Rami Goraly, Telrad Connegy’s President & CEO, and to see it through to a successful completion with the return of Telrad Connegy to a dominant position in the telephony market in the US and around the world.

I want to take this opportunity to put to bed any and all rumors that I understand are floating around out there in your reseller network. Telrad Connegy is now positioned to be stronger than it ever has been before, and I strongly urge you to go back to selling our products. We are not going away, not now, and not ever, and those of you who have stood by us, will find that it has not been in vain. To quote the famous American author Mark Twain, "Rumors of our demise have been greatly exaggerated!"

Again, I would like to reiterate, that I am looking forward to working with all of you. I plan to come to the US and meet you in the very near future.

Sincerely,

Avi Weinrib

Chairman, Telrad Connegy