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SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2012

	Year ended December 31, 2012
	Number of options			Weighted average exercise price (per share)		Aggregate intrinsic value
	In thousands

Outstanding at beginning of year		1,682		$	2.28	$	8,142
Granted		258			3.09		1,010
Exercised		(217	)		1.75		1,147
Cancelled or forfeited		(53	)		2.68		277

Outstanding at end of year		1,670		$	2.44	$	7,785

Vested and expected to vest at end of year		1,621		$	2.43	$	7,583

Exercisable at end of year		1,143		$	2.24	$	5,602

Schedule of Shares Authorized Under Stock Option Plans, by Exercise Price Range

	Outstanding						Exercisable
Exercise price	Number outstanding (in thousands)		Weighted average remaining contractual life (years)		Weighted average exercise price		Number exercisable (in thousands)		Weighted average remaining contractual life (years)		Weighted average exercise price
$					$						$

0.32-0.56		205		2.09		0.51		204		2.09		0.51
1.00-1.20		303		1.43		1.16		303		1.43		1.16
1.48-1.52		169		3.08		1.48		152		3.07		1.48
1.96-2.32		114		1.22		2.15		112		1.19		2.15
2.6-2.76		201		4.71		2.61		84		4.71		2.61
2.8-3.44		567		4.721		2.94		182		4.47		2.92
7.68-8.76		76		1.62		7.83		70		1.25		7.83
9.68-9.84		35		1.7		9.79		35		1.7		9.79

		1,670		3.19		2.44		1,143		2.47		2.24

Schedule of Options Weighted Average Fair Values and Exercise Prices

	Year ended December 31,
	2012				2011				2010
	Weighted average fair value		Weighted average exercise price		Weighted average fair value		Weighted average exercise price		Weighted average fair value		Weighted average exercise price

Equals market price at date of grant	$	3.92	$	3.09	$	2.32	$	2.88	$	1.44	$	1.68

Less than market price at date of grant	$	-	$	-	$	2.44	$	2.6	$	-	$	-

More than market price at date of grant	$	-	$	-	$	1.88	$	2.76	$	-	$	-

Schedule of Warrants Outstanding

Issuance date	Outstanding		Exercise price		Exercisable through

September 2006 (1)		110,400	$	0.48	December 31,2013
May 2009 (2)		39,406	$	0.48	December 31,2013
May 2009 (2)		47,970	$	0.48	January -July 2015
May 2009 (3)		439,513	$	0.48	December 31, 2013 (*)

All outstanding warrants are excisable.

(1)

Issued in connection with the private investment carried out in September 2006.

(2)

Issued in connection with exercising the rights issued in the rights offering (see Note 13b).

(3)

Issued in connection with the rights offering (see Note 13c).

(*)

57,541 were exercised during the first quarter of 2013.

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

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- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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