Kadimastem appointed Mr. Ofer Haviv as a director

On January 18th , 2012 the Board of Directors of Kadimastem appointed Mr. Ofer Haviv as one of its directors. Mr. Haviv is the CEO of Evogene. Prior to being named CEO of Evogene in late 2004, Mr. Haviv held the positions of company COO and CFO from 2002 to 2004 and was involved in Evogene's spin-off from Compugen. Prior to the spin-off, he held the position of Director of Finance and Treasurer of Compugen for four years, during which time the company completed two private placements and an IPO on NASDAQ. Earlier, Mr. Haviv was the CFO of Klei Zemmer. He was also an auditor with a leading accounting firm belonging to a network of the "Big Five".