Aaron Katsman
www.IsraelNewsletter.com  

It’s obvious that here at IOI we would never engage in any type of gambling  so as that we don’t corrupt our precious young readers, one Israeli company has no qualms about doing a deal in the industry. Nice Systems(NICE) announcedtoday that they have signed a multi-million dollar deal to help with video security for Victoryland.

Based in Shorter, Alabama, US, Victoryland holds live greyhound racing and simulcast greyhound and horse racing from all over the country. The facility is also home to well over 3300 video bingo machines. Video analytics from NICE will enable Victoryland security staff to streamline operations and improve security and safety by monitoring occupancy, the traffic of attendees and eliminating fraud at the facility.

“We selected the NICE solution with its video content analytics to enhance the facilities surveillance capabilities, as well as to be able to provide high quality video evidence of potentially prosecutable activities,”said Roman Burchart, Director of Technical Services at Sport View Technologies. “We also expect that leveraging the IP solution will enable us to significantly decrease the cost of the project’s installation over a traditional analog solution.”

At IOINice is one of our favorite stocks and this deal helps reinforce why we like it so much. The various verticals that Nice can sell into keeps expanding. There is just plain huge demand for their suite of security products.

The fact is that they should use the video analytics to determine the winner of the race. I admit it, I once went to an evening of Greyhound racing and it’s really hard to follow the race. They run so fast it’s impossible to see which Greyhound wins. 

If you are looking for a long term investment instead of a short term bet on win , place or show, you may potentially want to investigate Nice Systems.

Disclosure: Author’s fund holds a position in NICE. He has no position in any other stock mentioned as of 3/3/08.

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Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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By Aaron Katsman
IsraelNewsletter.com

While finding no real application for their solution in the Dogfighting wagering industry (a big blow, sorry Michael), Jacada(JCDA) a leading provider of unified desktop and process optimization solutions for customer service operations, decided to focus on a vertical where they can add value and today announced a deal with Harrah’s Operating Company, Inc(HET). Jacada will be providing a system for Harrah’s to quicken the reservation process for both customers and agents, enabling Harrah’s to provide a superior customer service to enhance customer loyalty.

This is a huge win for Jacada, as it helps prove that not only do they have a cutting edge product, but that there is actually a market for it. With a market cap of about $70 million, and almost $36 million in cash, Jacada is still flying under Wall Street’s radar, but high profile deals will surely help in getting the company discovered and that should make for a big boost to the stock price.

Please see our Disclaimer HERE.

Disclosure: Author’s fund is long JCDA as of 7/19/07. He doesn’t own any other positions in companies mentioned in this article.

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Aaron Katsman is the lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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