The technology magazine Red Herring has listed six Israeli companies on its list of the 100 most promising small-caps. Small-caps are companies worth between $300 million and $1 billion on the market. The six companies, all listed on the Nasdaq, are: Given Imaging, which developed the camera-in-a-pill; defense electronics firm Elbit Systems; Nice Systems, a technology company specializing in data extraction from interactions; optical inspection company Orbotech; Ulticom, a provider of signaling software; and Retalix, a software provider for retailers.



Israel's Technion, located in Haifa, will be receiving an award from the United Nations Educational, Scientific and Cultural Organization (UNESCO) at a 'Salute to Technion' evening taking place next week in the UNESCO Center in Paris. Taking part from the Technion will be two Nobel Chemistry Prize winners, Prof. Avram Hershko and Aaron Ciechanover, stem cell researcher Prof. Joseph Itskovitz and water researcher Prof. Uri Shamir, in addition to the President of the Technion, Prof. Yitzhak Apeloig and his Vice President, Prof. Peretz Lavie.



An Israeli organization, Israel at Heart, is being honored by The Foundation of Ethnic Understanding in New York. Its founder, Joey Low, will receive the award in recognition of his efforts to promote a better understanding of Israel. Since its founding three years ago, the organization has sent hundreds of Israeli students to speak at universities all across the United States, South America, and Europe. Last year, a special delegation of Israeli-Ethiopian law students traveled across the US meeting with black lawyers and law students from America.



Lastly, Prof. Robert J. Aumann of the Hebrew University of Jerusalem was awarded the Nobel Prize in economics at a ceremony held in Stockholm, Sweden, Saturday night. Aumann brought the 36 members of his family, including his great-grandchildren, with him. He also brought with him an Israeli-made tuxedo, as the special tuxedos provided to Nobel winners were found to contain shatnez, a mixture of wool and linen proscribed by the Torah (Deuteronomy 22:11). Aumann, who was outspoken against the Gaza expulsion, was greeted by some protesters, who say his theories justify Jewish communities in the areas Israel liberated during the 1967 Six Day War.