Novafora CEO Rings NYSE Opening Bell

Zaki Rakib Represents the Israel Venture Capital Association (IVA)at Today`s
Opening of Trading
NEW YORK--(Business Wire)--
Zaki Rakib, CEO of video processor start-up Novafora, today rang the opening
bell of the New York Stock Exchange along with Robert Genieser, managing partner
of Vertex Capital. The two executives opened today`s trading on behalf of the
Israel Venture Capital Association (IVA), an organization representing the
Israeli venture capital community. Rakib represented the IVA in recognition of
his multiple successes as an entrepreneur, having founded three successful high
technology startups.

"The Israel Venture Capital Association plays a vital role supporting Israeli
startups, many of which create new jobs here in the United States," said Rakib.
"Many companies supported by the IVA have had initial public offerings on the
New York Stock Exchange, and with the continued help of the IVA, the NYSE can
look forward to the many future IPOs of Israeli startups."

About Novafora

Novafora is a video processor company enabling OEMs to deliver on the promise of
the digital video revolution - the highest quality video, anywhere, on any
display device and at any time. Novafora was founded in 2004 by a group of
successful entrepreneurs and video experts and is backed by leading venture
capital firms. More information on the company can be found on its website
www.novafora.com.

Note: All trademarks are property of their respective owners.

Media Contact:
Mobility Public Relations
John Giddings, 650-245-2782
jgiddings@mobilitypr.com
or
Business Contact:
Novafora
Vice President of Marketing
Iri Trashanski, 408-582-5300
Iri@novafora.com

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