Elbit Limited Changes Nasdaq Symbol to 'ELBT'

Ticker Symbol Change to Take Place April 20, 2001 at Market Open



Apr 19, 2001, 01:00 ET from Elbit Limited

    SHEFAYIM, Israel, April 19 /PRNewswire/ -- Elbit Ltd. (Nasdaq:   ELBTF), the
 international business accelerator company, announced today that effective
 tomorrow, April 20, 2001, the Company's shares will trade under the new symbol
 "ELBT" on the Nasdaq National Market.  Previously, Elbit Limited's securities
 traded under the symbol "ELBTF."  Shareholders are advised to make note of
 this stock symbol change.
 
     About Elbit Limited
     Elbit develops value-added services for tomorrow's e-business market.
 Company growth is based on strategic investments, mergers and acquisitions.
 Elbit develops e-business solutions by incubating technology start-ups,
 providing them with comprehensive management and strategic marketing
 capabilities.  The following are several of its key investments: Contop
 specializes in wireless remote monitoring and control applications based on
 its proprietary messaging technology.  Cellenium develops, markets and
 operates m-commerce patent-pending technologies and solutions, enabling all
 cellular subscribers to securely use their existing handsets for everyday
 payments.  Dealigence is developing patent-pending technology for corporate
 commerce sites and electronic marketplaces that will allow traders to better
 match and negotiate their transactions by taking into account a large number
 of parameters and by preference matching.  ICC provides outsourced procurement
 management and logistics services over Internet and Intranet communications
 networks, based on a unique system developed and integrated by ICC.
 |starkey|NET is developing a complete solution to enable a person to operate
 computerized software applications in the new e-business era using natural
 language, personal customized assistants personified in real-time 3D animated
 characters and dialogue generating software.  Textology utilizes technology
 that will enable organizations to manage diverse unstructured information.
 Its products will provide an integrated platform for automatic text
 categorization, natural language search and data retrieval and high-quality
 personalization.  In addition, Elbit has a shareholding (12.3%) in Partner
 (Nasdaq:   PTNR), the first cellular operator in Israel using GSM technology.
 
     Forward looking statements in this release with respect to the Company's
 business, financial condition and results of operations are subject to risks
 and uncertainties that could cause actual results to differ materially from
 those contemplated in such forward looking statements, including, but not
 limited to, product demand, pricing, market acceptance, changing economic
 conditions, risks in product and technology development, the effect of the
 Company's accounting policies as well as certain other risk factors which are
 detailed from time to time in the Company's SEC filing.
 
 

SOURCE Elbit Limited
    SHEFAYIM, Israel, April 19 /PRNewswire/ -- Elbit Ltd. (Nasdaq:   ELBTF), the
 international business accelerator company, announced today that effective
 tomorrow, April 20, 2001, the Company's shares will trade under the new symbol
 "ELBT" on the Nasdaq National Market.  Previously, Elbit Limited's securities
 traded under the symbol "ELBTF."  Shareholders are advised to make note of
 this stock symbol change.
 
     About Elbit Limited
     Elbit develops value-added services for tomorrow's e-business market.
 Company growth is based on strategic investments, mergers and acquisitions.
 Elbit develops e-business solutions by incubating technology start-ups,
 providing them with comprehensive management and strategic marketing
 capabilities.  The following are several of its key investments: Contop
 specializes in wireless remote monitoring and control applications based on
 its proprietary messaging technology.  Cellenium develops, markets and
 operates m-commerce patent-pending technologies and solutions, enabling all
 cellular subscribers to securely use their existing handsets for everyday
 payments.  Dealigence is developing patent-pending technology for corporate
 commerce sites and electronic marketplaces that will allow traders to better
 match and negotiate their transactions by taking into account a large number
 of parameters and by preference matching.  ICC provides outsourced procurement
 management and logistics services over Internet and Intranet communications
 networks, based on a unique system developed and integrated by ICC.
 |starkey|NET is developing a complete solution to enable a person to operate
 computerized software applications in the new e-business era using natural
 language, personal customized assistants personified in real-time 3D animated
 characters and dialogue generating software.  Textology utilizes technology
 that will enable organizations to manage diverse unstructured information.
 Its products will provide an integrated platform for automatic text
 categorization, natural language search and data retrieval and high-quality
 personalization.  In addition, Elbit has a shareholding (12.3%) in Partner
 (Nasdaq:   PTNR), the first cellular operator in Israel using GSM technology.
 
     Forward looking statements in this release with respect to the Company's
 business, financial condition and results of operations are subject to risks
 and uncertainties that could cause actual results to differ materially from
 those contemplated in such forward looking statements, including, but not
 limited to, product demand, pricing, market acceptance, changing economic
 conditions, risks in product and technology development, the effect of the
 Company's accounting policies as well as certain other risk factors which are
 detailed from time to time in the Company's SEC filing.
 
 SOURCE  Elbit Limited