Note 7 - Commitments and Contingent Liabilities

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies Disclosure [Text Block]

NOTE 7:-       COMMITMENTS AND CONTINGENT LIABILITIES

Lease commitments:

The Company has an operating lease agreement in the U.S. which expires on various dates, the latest of which is in 2019. In September 2010, the Company's subsidiary signed a new agreement for a lease in respect of the UK facility for a period of fifteen years with an option to cancel the lease after ten years. In November 2012, the Company signed a new agreement for a lease for the US headquarters for a period of 7 years with an option to extend for additional five years.

Future rental commitments under non-cancelable leases are as follows:

Year ended December 31,
2013	$	292
2014		299
2015		302
2016		306
2017		309
2018 and 2024		1,299
	$	2,807

Total rent expense for the years ended December 31, 2012 and 2011 was approximately $280 and $ 275, respectively.