Lanoptics' trading symbol will change to EZCH starting January 17, 2008

January 10, 2008

1 Min Read

YOKNEAM, Israel -- LanOptics Ltd. (NASDAQ: LNOP), a provider of Ethernet network processors, announced that effective January 17, 2008, the Company's shares will be traded under the ticker symbol EZCH, as opposed to its previous trading symbol of LNOP. As previously announced, on January 4, 2008, LanOptics' ordinary shares began trading on the NASDAQ Global MarketSM.

The change in the Company's ticker symbol will coincide with the completion of the last major step in LanOptics' acquisition of substantially all of the outstanding share capital of EZchip Technologies Ltd, as announced January 3, 2008. LanOptics' business consists exclusively of the business of EZchip, a company that is engaged in the development and marketing of Ethernet network processors for networking equipment. Following LanOptics' completion of the acquisition of EZchip shares held by the last two principal minority shareholders, LanOptics will hold approximately 99% of the outstanding shares of EZchip and approximately 89% of EZchip on a fully diluted basis, taking into account EZchip options held by current and former employees.

"The share acquisition, culminating in this symbol change, is the last major step in achieving our long term goal to acquire full control of EZchip," commented Eli Fruchter, CEO of EZchip. "Moving into 2008, LanOptics is well positioned under the new, simplified holding structure to continue its growth and performance, building on the strong execution evident throughout 2007. We look forward to continuing to develop our premier portfolio of network processors, serving the top global networking vendors in 2008 and beyond."

LanOptics Ltd. (Nasdaq: EZCH)

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