X0202 4/A 2007-02-02 2007-02-06 0 0001242047 M WISE INC MWIS 0000315126 ELRON ELECTRONIC INDUSTRIES LTD /NY/ 3 AZRIELI CENTER, TRIANGLE BUILDING 42ND FLOOR TEL-AVIV L3 67023 ISRAEL 0 0 1 0 0001355203 DEP Technology Holdings Ltd. 3 AZRIELI CENTER 42ND FLOOR TEL AVIV L3 67023 ISRAEL 0 0 1 0 0001206713 DISCOUNT INVESTMENT CORP LTD 3 AZRIELI CENTER, TRIANGLE BUILDING 44TH FLOOR TEL-AVIV L3 67023 ISRAEL 0 0 1 0 0000919594 IDB DEVELOPMENT CORP LTD 3 AZRIELI CENTER, TRIANGLE BUILDING 44TH FLOOR TEL-AVIV L3 67023 ISRAEL 0 0 1 0 0000919593 IDB HOLDING CORP LTD 3 AZRIELI CENTER, TRIANGLE BUILDING 44TH FLOOR TEL-AVIV L3 67023 ISRAEL 0 0 1 0 0001355204 Dankner Nochi 3 AZRIELI CENTER 44TH FLOOR TEL AVIV L3 67023 ISRAEL 0 0 1 0 0001355205 Bergman Shelly 9 HAMISHMAR HA'EZRACHI STREET AFEKA TEL AVIV L3 69697 ISRAEL 0 0 1 0 0001355206 Manor Ruth 26 HAGDEROT STREET SAVYON L3 56526 ISRAEL 0 0 1 0 0001355207 Livnat Avraham TAAVURA JUNCTION RAMLE L3 72102 ISRAEL 0 0 1 0 Common Stock 2007-02-02 4 S 0 5000 0.2100 D 11939298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2100 D 11934298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2000 D 11929298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2200 D 11924298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2300 D 11919298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 10000 0.200 D 11909298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2000 D 11904298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2000 D 11899298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2000 D 11894298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 10000 0.2200 D 11884298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2200 D 11879298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2200 D 11874298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2050 D 11869298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2050 D 11864298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2050 D 11859298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2050 D 11854298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2050 D 11849298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2050 D 11844298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 5000 0.2050 D 11839298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 10000 0.1900 D 11829298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 10000 0.1900 D 11819298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 10000 0.1900 D 11809298 I Through DEP Technology Holdings Ltd. Common Stock 2007-02-02 4 S 0 10000 0.1900 D 11799298 I Through DEP Technology Holdings Ltd. Owned directly by DEP Technology Holdings Ltd, which is a wholly subsidiary of Elron Electronic Industries Ltd, an indirect beneficial owner of the reported securities. Part 1 of 2. This Amendment is being filed to reflect the separate sales of shares that comprised the disposition described in the Form 4 filed on February 6, 2007. Neither the number of shares sold nor the average price per share has changed from what was reported on the original Form 4. /s/ Paul Weinberg - General Counsel & Corporate Secretary of Elron Electronic Industries Ltd. 2007-02-07