July 15, 2013

MICT to Ring the NASDAQ Stock Market Closing Bell
in Celebration of Recent Listing on NASDAQ Stock Market.

Emerson, New Jersey - July 15, 2013 - Micronet Enertec Technologies Inc (NASDAQ: MICT), will visit the NASDAQ MarketSite in Times Square to celebrate its recent listing on the NASDAQ Stock Market, which occurred on April 23rd. In honor of the occasion, David Lucatz, Chief Executive Officer will ring the closing Bell.

Where:
NASDAQ MarketSite -- 4 Times Square -- 43rd & Broadway -- Broadcast Studio

When:
Monday, July 22nd, 2013 -- 3:45 p.m. to 4:00 p.m. ET.

David Lucatz, MICT’s CEO commented: “As a High Tech  company offering innovative solutions for the MRM/FM and Aerospace markets, generating most  of the  revenues from the US,  listing on NASDAQ provides an efficient platform to grow our business globally and become a major player in these multibillion dollars markets.”

Aegis Capital Corp., the sole book-running manager for MICT’s offering was invited to join management in ringing the bell. 

About Micronet Enertec Technologies, Inc.
Micronet Enertec Technologies, Inc., formerly known as Lapis Technologies, Inc., operates through two companies, Enertec Systems 2001 Ltd ("Enertec"), its wholly-owned subsidiary, and Micronet Ltd ("Micronet"), in which it has a controlling interest. Micronet operates in the growing commercial Mobile Resource Management (MRM) market, mainly in the United States. Micronet designs, develops, manufactures and sells rugged mobile computing devices that provide fleet operators and field workforces with computing solutions in challenging work environments. Enertec operates in the Defense and Aerospace markets and designs, develops, manufactures and supplies various customized military computer-based systems for missile defense systems, command and control and others. The Company's products, solutions and services are designed to perform in severe environments and battlefield conditions.

Micronet Enertec Technologies, Inc. Forward-looking Statement.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Words such as “expect,” “believe,” “intend,” “plan,” “continue,” “may,” “will,” “anticipate,” and similar expressions are intended to identify forward-looking statements.  Actual results may differ materially from those projected in any forward-looking statement.  More detailed information about the risk factors affecting the Company’s performance is contained under the heading “Risk Factors” in the Company’s annual report filed with the SEC, which is available on the SEC’s web site, www.sec.gov.  Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analyses only as of the date hereof.  The Company neither intends to, nor assumes any obligation to, update or revise these forward-looking statements in light of developments that differ from those anticipated.

Contact information:
Miri Segal Scharia

Managing Partner Global Accounts & IPOs
Hayden/ MS-IR LLC
Tel: 917-607-8654
msegal@ms-ir.com

Dina Shir
Micronet Enertec Technologies, Inc.
Tel: +972-544-652806
dina@micronet-enertec.com

 

Copyright Micronet Enertec Technologies, Inc 2013