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      YAVNE, Israel (ots Ad hoc-Service) -  
      
      Results for the 9 Months January 1 - September 30, 2000

    Highlights:

    -Revenues increased by 24% to $22m (1999: $17.7m) -Gross Profit was $19.2m, an increase of 29% from 1999: $14.9m

    -EBITDA increased by 17% to $4.3m, up from 1999: $3.7m -Net profit increased by 30% to $3.9m (1999: $3.0m) -$1.2m investment made in the new b2b venture e4eNet

    , November 7, 2000 - Valor Computerized Systems, a global leader in providing productivity software solutions, which in May floated on the Neuer Markt of the Frankfurt Stock Exchange, today announced its third quarter results for the 9 months January 1st to September 30th, 2000.

    Valor provides software solutions enabling the efficient execution and transfer of critical "design for manufacturing" data (DFM) of printed circuit boards (PCB) between Original Equipment Manufacturers (OEMs) and fabrication and assembly service providers.

    Commenting on the results, Valor CEO Schmil Dolberg said:

    "The recent results are very encouraging, highlighted by the strong revenue growth in Assembly and Design Products. In addition, our b2b e-collaboration solution, e4eNet, is gaining more and more industry attention, with many industry leaders expressing positive interest in this b2b service."

    Enquiries:

    Valor Computerized Systems Ltd. Sabine Yael, IR Manager 4 Faran Street Yavne 70600, Israel Phone +972.8.943.2430 Fax +972.8.943.2429 Email sabine@valor.com URL www.valor.com

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