SHORT TERM LOANS

12 Months Ended

Dec. 31, 2013

SHORT TERM LOANS [Abstract]

SHORT TERM LOANS

NOTE 8:- SHORT TERM LOANS

In November, 2012, the Company entered into a loan agreement with a major shareholder, according to which the Company may receive a sum of up to NIS 3,000,000, bearing no interest and linked to the Israeli Consumer Price Index As of December 31, 2012 the Company received NIS 2,900,000 ($777). During June 2013 the Company repaid the loan.