ILAT SPACE TOURISM BUSINESS PLAN PRESENTED AT WHARTON FINALS

Israeli X PRIZE competitors IL Aerospace Technologies (ILAT) presented its space tourism business model to a panel of judges and an audience of over 200 venture capitalists, investment bankers, angel investors, attorneys, Wharton alumni and business community leaders at the 2004 Venture Fair today. The results are expected to be released sometime in the future.