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Lapis Technologies, Inc. Received a $2.9 Million Order for an Advanced Electronic System

December 1, 2011

EMERSON, NJ--(Marketwire - Dec 1, 2011) - Lapis Technologies, Inc. (PINKSHEETS: LPST) announced today that its fully owned subsidiary, Enertec Systems 2001 Ltd (Enertec), a provider of aerospace and defense technologies and solutions, received a $2.9 million order from a worldwide leading aerospace corporation to supply the electronic unit for an advanced defense system.

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