Interview with Shai Wininger, Developer of Kotel Notes

Written by: Zack Miller | June 19, 2009

Israelnewsletter.com had the opportunity to sit down with serial entrepreneur, Shai Wininger, about his new startup and hear how he enjoys running a family business.

Please tell us about your background.
Shai Wininger, Developer of Kotel Notes: I am a so called “serial entrepreneur” born and raised in Israel, married with two children and living in Haifa.

I have always been drawn to mobile computing and Internet in my work. I started my first business (Ananas Design www.ananasgroup.com) right after high school - around 1991. Ananas Design was among the first few companies to do branding and premium multimedia projects, and later on - websites for companies in Israel at the time (the Internet as we know it was just early days).  Ananas was all self funded, and grew nicely with customers from the Israeli Defense industry, communications and media sectors.
Following that, I founded Trimus Inc. which offered a groundbreaking technology for viewing the internet in 3D (year 1999), raised capital and headed the company until 2002.

I then started to focus on the emerging mobile computing industry and started Handsmart (www.handsmart.com). Handsmart offered the first Adobe Flash generation platform for Pocket PC and Windows Mobile.  From there I joined forces with a leading mobile software company called Mobideo (www.mobideo.com) with which I co-founded a spin off for developing mobile software for the Aerospace Industry - “Mobideo Aerospace” (air.mobideo.com).

During the past 15 years I have been a resident faculty member and a speaker in various academic institutes, specifically in the field of computer graphics.

What is PushTuck and why Kotel Notes?
iphone-with-kotel-notes

SW: Nowadays, along with my wife (who is a talented, highly-creative graphic designer), I’ve started a new venture called PushTuck.  PushTuck (which has a double meaning in Hebrew and English) is a family business aimed at developing innovative software for Apple’s iPhone and iPod Touch platforms. I think that in our case the words “family business” is literally the case (my kids do the quality assurance :)…

The iPhone is an amazing platform, unlike any other I have ever seen in the mobile world. I truly believe that this device, with the right software, can bring life-changing experiences to people, whether in business, lifestyle, health, entertainment and religion.

The idea of Kotel Notes came to me after visiting the Western Wall and seeing the large amount of tourists who come to the Wall to place their prayers and wishes. It occurred to me that providing this service to Jews all over the world could be a great service. I love the fact that our ancient religion could be combined nowadays with cutting-edge technology.

How does Kotel Notes work?
GW:  The way it works is simple: You download the application to your iPhone from Apple App Store. When you launch it - it has a note which lets you write what ever is on your mind. You then click the send button which immediately submits it to our servers in the holy land. From there praye r notes are printed and placed in the kotel within two weeks.

What’s the business model?
SW: I love simple things and I love easy-to-use software. I think that the basis for success in this competitive business is your ability to create compelling, clear, and low cost applications and then sell them to a mass market. That way you can make your revenues without being a financial burden for the home user. Apple’s software ecosystem allows us to do just that.

What’s next on your development schedule?
SW: We have some really amazing things in the pipeline right now. Although I can’t mention all of them forobvious reasons, I can tell you that we will soon release a beautiful application for creating artistic compositions from your own photos called “Photo Skins”, and we are working on a cool social network concept that will help users kill time and meet new people in the process, as well as some business tools that cover some critical missing functionality in the iPhone.
Thanks for your time, Shai.

 

Israeli Hi-Tech Exports Rise

Written by: Aaron Katsman | March 12, 2009

Despite a sharp drop in overall Israeli exports, Israeli hi-tech exports actually surged in the December-Feb. ‘09 period.

According to Globes: “High-tech exports, 52% of all industrial exports excluding diamonds, rose by an annualized 21% in December-February, after falling by an annualized 8.1% in September-November. Exports of mixed high-tech goods, 25% of total industrial exports, fell by an annualized 44% in December-February, after falling by an annualized 37.1% in September-November. Chemicals exports fell by an annualized 30% in December-February.The collapse of Israel’s diamond industry worsened further. Exports of rough and polished diamonds amounted to $800 million in January-February, in original figures, 65% less than the $2.3 billion in exports in the corresponding months of 2008. Imports of rough and polished diamonds amounted to $346 million in January-February, 76% less than the $1.48 billion in exports in the corresponding months of last year.”

 

Nortel Bankruptcy Will Hurt Israeli Hi-Tech

Written by: Aaron Katsman | January 15, 2009

Telecommunications equipment company Nortel Networks (NT) bankruptcy filing is not just a story about a fallen hi-tech angel, rather will have broad based impact on the Israeli technology scene. The company has a large operation in Israel employing many workers and many Israeli telecom’s use the Nortel platform.

Globes reports: “Pele-Phone Communications Ltd. chose Nortel to operate its CDMA network. Partner Communications Ltd. (Nasdaq: PTNR ;) chose to implement a Nortel UMTS network. Most of Bezeq The Israeli Telecommunication Co. Ltd.’s (TASE: BEZQ) voice communications infrastructure is based on Nortel DMS solutions, and most Cellcom Israel Ltd. (NYSE:CEL) subscribers use Nortel’s wireless infrastructure. Nortel is also the major supplier for voice communications infrastructure to the Ministry of Defense.”

It will be interesting to see how the bankruptcy plays out.

 

Company Uncovered: AudioCodes (AUDC)

Written by: Zack Miller | July 1, 2008

This interview was published in its entirety for subscribers of our premium newsletter, Israel Opportunity Investor, the only investment newsletter focused on uncovering opportunities in Israeli stocks traded in the U.S.

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Can you tell us a bit about AudioCodes?

Nachum Falek, CFO: AudioCodes (Nasdaq: AUDC) is a telecommunications firm focused entirely on Voice-over Internet Protocol, or VoIP.  We create hardware and systems to connect and secure networks.  We are leaders in feature richness and voice quality and have been in VoIP for 15 years, an extremely long time for this nascent market.  We are a pureplayer in VoIP unlike some of our competitors who still maintain legacy businesses.

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