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Eltek Announces Pricing of Public Offering of Ordinary Shares.

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PETACH TIKVA, Israel, Feb. 12, 2024 /PRNewswire/ — Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today the pricing of an underwritten public offering of 625,000 ordinary shares at  a public offering price of $16.00 per share, for gross proceeds of $10,000,000, before deducting underwriting discounts and offering expenses. All of the ordinary shares are being sold by the Company. The offering is expected to close on February 15, 2024, subject to satisfaction of customary closing conditions. 

ThinkEquity is acting as sole book-running manager for the offering.

The Company intends to use the net proceeds from this offering to strategically invest in the expansion of its production capabilities and for general corporate purposes including working capital.

The securities are being offered and sold pursuant to a shelf registration statement on Form F-3 (File No. 333-266346), including a base prospectus, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 27, 2022 and declared effective on August 5, 2022. The offering will be made only by means of a written prospectus. A prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the SEC on its website at www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus relating to the offering may also be obtained from the offices of ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004.

Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Eltek

Eltek – “Innovation Across the Board”, is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs) and is an Israeli leading company in this industry. PCBs are the core circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high-quality PCBs, HDI, multilayered and flex-rigid boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP electronics certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia.

Eltek was founded in 1970. The Company’s headquarters, R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America.

For more information, visit Eltek’s web site at www.nisteceltek.com 

Forward Looking Statement

Some of the statements included in this press release may be forward-looking statements that involve a number of risks and uncertainties including, but not limited to expected results in future quarters, the impact of the Coronavirus on the economy and our operations, the impact of the war and hostilities between Israel and Hamas and Israel and Hezbollah, risks in product and technology development and rapid technological change, product demand, the impact of competitive products and pricing, market acceptance, the sales cycle, changing economic conditions and other risk factors detailed in the Company’s Annual Report on Form 20-F and other filings with the United States Securities and Exchange Commission. Any forward-looking statements set forth in this press release speak only as of the date of this press release. The information found on our website is not incorporated by reference into this press release and is included for reference purposes only.

Investor Contact

Ron Freund
Chief Financial Officer
Investor-Contact@nisteceltek.com
+972-3-939-5023

Logo – https://mma.prnewswire.com/media/881148/Eltek_Logo.jpg

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SOURCE Eltek Ltd.

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CoolBitX Launches CoolWallet Go: The World’s First Cold Wallet with Lifetime Warranty

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TAIPEI, April 30, 2025 /CNW/ — CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It’s a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals.

Pre-Order Offer (April 21May 10)

CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare offering in the cold wallet space.

Simple, Secure, and Built for Daily Use

CoolWallet Go is built around a CC EAL6+ certified secure element, a proven protection standard used in many high-assurance security chips. The wallet’s minimalist design includes no screen, no buttons, no battery, and no Bluetooth pairing, relying instead on tap-to-sign NFC to streamline transactions.
The device generates private keys directly on-card, minimizing exposure during wallet setup. Users manage assets via the CoolWallet App, with integrated support for Bitcoin, Ethereum, 40+ blockchains, and EVM-compatible tokens.

Security and Risk Awareness by Design

CoolWallet Go has undergone independent third-party security testing and has been continuously reviewed through a public bug bounty program over the past two years. No vulnerabilities have been found that compromise the safety of users’ private keys or assets. CoolBitX remains committed to continuous security improvement and transparent security practices.

Optional Lifetime Warranty Plan

CoolWallet Go introduces a unique warranty add-on that provides long-term coverage for registered users:

Coverage is per 2-card set, with a quota of free replacements per year.Registration is required within 30 days of purchase.Shipping costs for replacements are customer-borne.Warranty resets yearly and is not cumulative.

This initiative reflects CoolBitX’s commitment to sustainable product longevity, moving beyond traditional short-cycle hardware support.

Built for Beginners, Trusted by Pros

CoolWallet Go is ideal for:

First-time hardware wallet users transitioning from exchanges or hot wallets.Experienced holders looking for a compact, secure backup or daily-use wallet.

Shipments begin mid-May.
Pre-order and learn more here: https://reurl.cc/Lanld7
Download the CoolWallet App

Google PlayApple App Store

About CoolWallet

CoolWallet is a pioneering hardware wallet brand that offers a secure and convenient solution for storing and managing digital assets in the Web3, DeFi, and NFTs arenas. The company’s flagship product, the CoolWallet Pro, is a credit card-sized device that combines the security of a hardware wallet with the convenience of a mobile device. With its unique design and advanced security features such as an EAL6+ secure element, biometric verifications, and military-grade Bluetooth encryption, CoolWallet is committed to providing a safe and user-friendly platform for crypto users worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/coolbitx-launches-coolwallet-go-the-worlds-first-cold-wallet-with-lifetime-warranty-302445824.html

SOURCE CoolBitX Ltd.

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Hyperlink InfoSystem to Showcase Tech Solutions Driving Business Success at GITEX Europe 2025

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LONDON and BERLIN, May 5, 2025 /PRNewswire/ — Brace yourself for a major tech revolution as GITEX Europe 2025 prepares to ignite Berlin with disruptive innovation and transformative ideas. Europe’s tech landscape is on the cusp of a game-changing shift, as the continent welcomes over 1,400 exhibitors, 500+ influential speakers, 600+ investors, and more than 1,000 startups from 100+ countries to this prestigious summit. From AI, DeepTech, GreenTech, and quantum computing to cloud and telco innovations, the event will uncover complex challenges and highlight the limitless possibilities of emerging technologies.

More than just a knowledge-sharing platform, GITEX Europe 2025 is a golden gateway for enterprises to showcase their capabilities, forge strategic alliances, and stay ahead of the curve in a hyper-competitive global marketplace. Berlin, Germany’s buzzing capital, serves as the perfect launchpad. With its vibrant tech scene and home to several global tech powerhouses, the city provides the ideal foundation for GITEX Europe’s debut edition. Among the standout participants is Hyperlink InfoSystem, a globally recognized IT services company with a strong legacy in AI, blockchain, app development, and more. The company is thrilled to announce its participation in this milestone event, taking place from May 21 to May 23, 2025.

Having built a solid reputation through its consistent presence at GITEX Global in Dubai, UAE since 2016, Hyperlink InfoSystem sees its entry into the European edition as a strategic leap toward establishing a dominant presence in Europe. With thousands of successful app launches and decades of delivering advanced IT solutions under its belt, the company is well-positioned to lead the charge in digital transformation and AI innovation. Visitors to GITEX Europe 2025 can experience the full scope of Hyperlink InfoSystem’s capabilities at Stand No. H2.2-13, Hall 2.2. The company will showcase its niche services and proven expertise across a wide spectrum of technologies, including AI, AR/VR, IoT, Blockchain, Salesforce, Web3, CRM, and DevOps. As a key player in the global IT space, Hyperlink InfoSystem has enabled over 2,700 startups to large enterprises level businesses to break past technological barriers and realize their vision through full-cycle development support since its founding in 2011.

Beyond sharing the spotlight with Europe’s most dynamic entrepreneurs and industry leaders, GITEX Europe presents a compelling opportunity for Hyperlink InfoSystem to strengthen its ties with the global innovation ecosystem, share its journey, and forge new partnerships.

Harnil Oza, CEO and Founder of Hyperlink InfoSystem, shared his enthusiasm:

“We are beaming with pride and excitement while looking forward to being part of GITEX Europe this year. Thanks to our cherished participation at GITEX Global since 2011, we believe we can bring great value to the event while fostering innovation and driving partnerships. Germany is the nucleus of European technological innovation, and getting a chance to be a part of its ecosystem is a privilege for us. Not just business-wise, but also to enhance our knowledge base and skill sets. This isn’t our first tech expo, but the anticipation, the possibilities, and the potential impact are giving us sleepless nights.”

As Hyperlink InfoSystem gears up for GITEX Europe 2025, it strives for constant innovation, learning, and growth by embracing, investing in, and adopting innovative technologies. With over 4,500 successful app deliveries, 1250+ developers, and 2,700 global clients, including Fortune 500 companies, the firm strives for excellence with each project. Entrepreneurs with sophisticated technological concepts can pitch directly to the team at GITEX Europe in Berlin, 2025.

For inquiries, call +1(309) 791-4105 or email info@hyperlinkinfosystem.com.

About Hyperlink InfoSystem

Hyperlink InfoSystem is a prominent international enterprise excelling in IT solutions in many domains. Since its humble beginnings in 2011, its specialization in technologies has expanded across web development, mobile app development, enterprise software solutions, and now Artificial Intelligence (AI). With over 1200+ employees and a global presence in the USA, UK, UAE, France, India, and Canada, Hyperlink InfoSystem is dedicated to assisting corporations to leverage the complete power of technology to accomplish their goals.

Contact Details:
Hyperlink InfoSystem
Harnil Oza
+1-309-791-4105
info@hyperlinkinfosystem.com

New York Address:
One World Trade Center
285 Fulton Street suite 8500,
New York, NY 10007,
United States

Ahmedabad Address:
C-308, Ganesh Meridian,
Opp Kargil Petrol Pump, S.G. Highway,
Sola, Ahmedabad, 380061
India

London Address:
Level 30, The Leadenhall Building,
122 Leadenhall Street,
London EC3V 4AB

Canada Address:
151 Yonge Street, 11th Floor,
Toronto, Ontario, M5C 2W7,
Canada

Logo: https://mma.prnewswire.com/media/2429933/5163977/Hyperlink_InfoSystem_Logo.jpg

 

 

 

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SOURCE Hyperlink InfoSystem

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TXOne Networks Makes a Grand Entrance at GISEC

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Engineering Enterprise Resilience with the Latest OT Cybersecurity Solutions

DUBAI, UAE, May 5, 2025 /PRNewswire/ — According to a recent survey by TXOne Networks, 94% of organizations reported OT security incidents in the past 12 months, and 98% reported IT security incidents that spilled over and eventually impacted OT environments. In an era where traditional security models are no longer sufficient and global cybersecurity regulations are tightening, a comprehensive and resilient cybersecurity framework is essential for maintaining a competitive advantage.

The Three Stages of OT Cybersecurity Evolution: TXOne’s Blueprint for Resilience

Stage 1: The Evolving Needs of Security Integration

Organizations traditionally relied on point solutions such as firewalls, intrusion detection/prevention systems (IPS/IDS), and endpoint anti-malware software. However, these tools often lack integration, creating fragmented defenses that are difficult to manage. Enterprises urgently need a unified, highly visible risk-oriented security strategy.

Stage 2: Optimizing Security Processes with Operations-Friendly Practices

While most organizations have increased their cybersecurity budgets, many still encounter operational hurdles. It is difficult to implement updates or new technologies without costly disruptions of operations. True improvement requires holistic optimization across organizational structures, processes, and technologies.

Stage 3: Achieving True Governance Through Platform Integration

With cybersecurity regulations such as the CRA, NIS2, and IEC 62443 becoming increasingly stringent worldwide, 39% of respondents view compliance as a top OT security driver. Comprehensive security governance and platform-based integration are critical to both operational resilience and regulatory compliance.

“In the next three years, major enterprises will accelerate cybersecurity compliance to maintain market advantage,” stated Dr. Terence Liu, CEO of TXOne Networks. “TXOne Networks is well-positioned to support these regulatory needs with our SageOne platform, helping organizations move from fragmented protection to comprehensive security governance aligned with international standards.”

SageOne: Unified Risk Management for Enhanced Visibility

TXOne Networks’ SageOne platform delivers precise risk assessment and actionable insights to prioritize and address the most critical threats.

TXOne Networks at GISEC 2025

To support enterprises in upgrading their cybersecurity strategies, TXOne Networks will participate in GISEC 2025 from May 6–8, at Booth: B175, Dubai Trade Centre Hall 5. Featured products will include:

Element product family for asset inspectionStellar for endpoint protectionEdge product family for network defenseSageOne platform for OT security governance

Experts will be on-site offering in-depth insights into the current OT security landscape and sharing best practices for industrial cybersecurity.

For event and agenda details, please visit:
GISEC 2025 Exhibition Info

For more updates, follow TXOne Networks on BlogTwitter and LinkedIn

About TXOne Networks

TXOne Networks offers cybersecurity solutions that ensure the reliability and safety of industrial control systems and operational technology environments, working together with both leading manufacturers and critical infrastructure operators to develop practical, operation-friendly approaches to cyber defense. TXOne Networks offers both network-based and endpoint-based products to secure OT networks and mission-critical devices using a real-time, defense-in-depth approach.

Learn more: www.txone.com

View original content:https://www.prnewswire.co.uk/news-releases/txone-networks-makes-a-grand-entrance-at-gisec-302445823.html

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