4. Strong Backing
Cellenium was founded in 1999 when it was spun-off
from Contop Ltd. - a hi-tech company specializing in wireless data
communication solutions, including smart home applications, telemetry,
and other remote monitoring and control applications. Cellenium
is a privately held company with its U.S. headquarters in Englewood
Cliffs, N.J.; and sales offices around the world including in Israel,
Singapore and the United Kingdom.
Cellenium is an affiliate of Elbit-Elron (NASDAQ - ELRN), one of
Israel's premier high-tech groups in Israel.