Healthcare Technologies Ltd.

Healthcare Technologies Ltd. is listed on NASDAQ (HCTL). General The company was incorporated as a limited liability company under the law of the state of Israel in May 1988. The Company's principal executive offices are located at Beit Amargad, 32 Shaham Street, Kiryat Matalon, Petach Tikva, Israel, 49170 (tel: 972 3 9277227). The Company's business consists of development, manufacture and marketing of clinical diagnostic test kits and provides services and tools to diagnostic and biotech research professionals in laboratory and point of care sites in Israel and worldwide. The Company is also engaged in the production and marketing of molecular biology based gene screening tools for the detection of certain gene-associated disorders in humans. Important Events in the Development of the Company's Business The Company was incorporated in May 1988 under the name Istec Healthcare Technologies Ltd.

HealthExtras Inc.

HealthExtras Inc. is listed on NASDAQ (HLEX). The following description of our business should be read in conjunction with the information included elsewhere in this Form 10-K for the year ended December 31, 2004. This description contains forward-looking statements that involve risks and uncertainties. Our actual results could differ significantly from the results discussed in the forward-looking statements due to the factors set forth in Risk Factors and elsewhere in this Form 10-K. References in this Form 10-K to we, our, us, or the Company, refer to HealthExtras, Inc. OVERVIEW HealthExtras, Inc. provides pharmacy benefit management, PBM, services and supplemental benefit programs. Our PBM segment, which operates under the brand name Catalyst Rx, accounted for 91%, 86% and 73% of our revenue in 2004, 2003 and 2002, and is expected to be the primary source of our growth and profits in the future.

Interchange Corporation ..inesses on the Internet. Our services enable businesses to list their products and services in our distributed Internet search results. By providing l..

InfoSpace Inc. ..at involve risks and uncertainties. The statements contained in this report that are not purely historical are forward-looking statements within the m..

Investors Title Company .. operates through its subsidiaries and was incorporated in the State of North Carolina in February 1973. The Company became operational on June 24, 19..

Ituran Location and Control Ltd. ..ocation-based services, consisting of stolen vehicle recovery and tracking services. We also provide wireless communication products used in connectio..

James Hardie Industries NV ..ies N.V. from RCI Netherlands Holdings B.V. in July 2001 when our legal form was converted from a besloten vennootschap met beperkte aansprakelijkheid..

Kinetic Concepts Inc. ..ogy company with leadership positions in advanced wound care and therapeutic surfaces. We design, manufacture, market and service a wide range of prop..

Keystone Automotive Industries Inc. .. the nation's leading distributor of aftermarket collision replacement parts produced by independent manufacturers for automobiles and light trucks. K..

K-V Pharmaceutical Company ..e the words we, our, us, our company or KV we are referring to K-V Pharmaceutical Company and its wholly-owned subsidiaries, including Ther-Rx Corpora..

Keithley Instruments Inc. .. organized as an Ohio corporation in 1955. Its principal executive offices are located at 28775 Aurora Road, Solon, Ohio 44139; telephone (440) 248-04..

Lee Enterprises Incorporated .. associated companies, publishes 58 daily newspapers in 23 states and more than 300 weekly, classified and specialty publications, along with associat..

LaSalle Hotel Properties ..e investment trust on January 15, 1998 to buy, own and lease primarily upscale and luxury full-service hotels located in convention, resort and major ..

LightPath Technologies Inc. ..) manufactures optical components and higher level assemblies including precision molded glass aspheric optics, isolators, proprietary fiber-optic col..

LTC Properties Inc. ..vestment trust (or REIT), was incorporated on May 12, 1992 in the State of Maryland and commenced operations on August 25, 1992. We invest primarily i..

LSB Corporation ..rom the discussion respectively under the captions entitled FINANCIAL HIGHLIGHTS on page 4, BUSINESS on pages 5 through 7, MANAGEMENT'S DISCUSSION AND..

M&F Worldwide Corporation ..orated in Delaware on June 1, 1988 and is a holding company that conducts its operations through its indirect wholly owned subsidiary, Mafco Worldwide..

Medical Properties Trust Inc. .. that acquires, develops, leases and makes other investments in healthcare facilities providing state-of-the-art healthcare services. We lease our fac..

Methanex Corporation .. producer and marketer of methanol and the largest supplier of methanol to the major international markets of North America, Asia Pacific and Europe a..

Merchants Bancshares Inc. ..ny originally organized under Vermont law in 1983 for the purposes of owning all of the outstanding capital stock of Merchants Bank and providing grea..

Midland Company (The) ..e cover and pages 20 through 31 and 46 and 47 (Note 19) of its 2004 Annual Report to Shareholders. Midland was incorporated in Ohio in 1968 with its o..

Monro Muffler Brake Inc. ..6 Company-operated stores and 16 dealer-operated stores providing automotive undercar repair and tire services in the United States. At March 26, 2005..

Margo Caribe Inc. .. Margo Caribe, Inc. with the Securities and Exchange Commission, in its press releases or other public or shareholder communications, or in oral state..

Maidenform Brands Inc. ..er to various trademarks, service marks and trade names that we use in our business. Maidenform, Flexees, Lilyette, Self Expressions, Sweet Nothings, ..

Maxygen Inc. ..r protein optimization and modification technologies to create and develop novel therapeutic and industrial products. We are a leader in the field of ..

Navigators Group Inc. (The) .. consisting of the accounts of The Navigators Group, Inc., a Delaware holding company established in 1982, and its wholly owned subsidiaries are prepa..

Neogen Corporation ..op, manufacture, and market a diverse line of products dedicated to food and animal safety. The Company's food safety segment consists primarily of di..

Nationwide Financial Services Inc. ..November 1996. NFS is the holding company for Nationwide Life Insurance Company (NLIC) and other companies that comprise the domestic life insurance a..

NL Industries Inc. ..oration in 1891, has operations through majority-owned subsidiaries and less than majority-owned affiliates in the component products and chemicals in..

Inergy L.P. ..s Gas Products, Inc. (Atlas), headquartered in Costonia, OH. Atlas delivers propane to approximately 7,000 customers from three retail locations. On O..

North American Galvanizing & Coatings Inc .. Tulsa, Oklahoma. As used in this report, except where otherwise stated or indicated by the context, North American Galvanizing (the Company and the R..

Northwest Bancorp Inc. ..ormed on June 29, 2001, as the successor to a Pennsylvania corporation of the same name. Both the Federal corporation and its Pennsylvania predecessor..

Nymagic Inc. ..s a holding company which owns and operates insurance companies, risk bearing entities and insurance underwriters and managers; the Company also conso..

Oil-Dri Corporation Of America ..nd marketing sorbent products and related services for the consumer, specialty, crop production and horticulture and industrial and automotive markets..

Old National Bancorp Capital Trust I .. holding company incorporated in the State of Indiana and maintains its principal executive office in Evansville, Indiana. Old National, through its w..

OSI Pharmaceuticals Inc. ..ocused on the discovery, development and commercialization of high quality oncology products that both extend life and improve the quality-of-life for..

Parlux Fragrances Inc. ..ware in 1984 and is engaged in the creation, design, manufacture, distribution and sale of prestige fragrances and beauty related products marketed pr..

PC-Tel Inc. ..thin the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, among ..

Peoples Bancorp Inc. ..ing company organized in 1980, with origins in the Mid-Ohio Valley dating back to 1902. At December 31, 2004, Peoples wholly-owned subsidiaries includ..

Pacific Ethanol Inc. ..D RELATED TO THE HISTORIC AND CURRENT BUSINESS ACTIVITIES OF THE COMPANY. HOWEVER, THE COMPANY IS CURRENTLY ENGAGED IN A TRANSACTION WHICH, IF CONCLUD..

Phillips-Van Heusen Corporation ..e, our or us refer to Phillips-Van Heusen Corporation and its subsidiaries taken as a whole. Our fiscal years are based on the 52-53 week period endin..

China Automotive Systems Inc. ..-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These sta..

PrimeEnergy Corporation ..at are based on management's current expectations, estimates and projections. Words such as expects, anticipates, intends, plans, believes, projects a..

Praxair Inc. ..1907 and became an independent publicly traded company in 1992. Praxair was the first company in the United States to produce oxygen from air using a ..

Pressure BioSciences Inc. ..h, development and commercialization of products utilizing our patented pressure cycling technology (PCT), a novel platform technology for 3 - the con..

Pearson Plc ..h its principal operations in the education, business information and consumer publishing markets. We have significant operations in the United States..

Penn Virginia Resource Partners LP ..e limited partnership formed by Penn Virginia Corporation (Penn Virginia) in 2001 to primarily engage in the business of managing coal properties in t..

QuadraMed Corporation .., is dedicated to improving healthcare delivery by providing innovative healthcare information technology and services. We provide healthcare informat..

Rand Capital Corporation .. incorporated under the law of New York on February 24, 1969. Commencing in 1971, Rand operated as a publicly traded, closed-end, diversified manageme..

Richmont Mines Inc. ..ny is Richmont Mines Inc. The Company is a corporation domiciled in Quebec, Canada. The Company was incorporated pursuant to Part 1A of the Companies ..

Royal Gold Inc. .. forward-looking statements, including statements related to trends in the Company's business. The Company's actual results may differ materially from..

Rinker Group Limited ..ith respect to market size information represent the judgment of the management of Rinker, based on records and experience of Rinker and its subsidiar..

Rockwood Holdings Inc. ..ise requires, any references to we, our, us, the Company or Rockwood refer to Rockwood Holdings, Inc. and its consolidated subsidiaries. General Rockw..

Raytheon Company ..ales of $20.2 billion, is an industry leader in defense and government electronics, space, technical services, and business and special mission aircra..

SeaBright Insurance Holdings Inc. ..l workers' compensation insurance. We are domiciled in Illinois, commercially domiciled in California and headquartered in Seattle, Washington. We are..

ServiceMaster Company (The) ..g both residential and commercial customers. ServiceMasters services include lawn care and landscape maintenance; termite and pest control; home warra..

Storm Cat Energy Corporation .. Development of the Corporation Corporate and General Storm Cat is an independent oil and gas company focused on the pursuit, exploration and developm..

Serologicals Corporation ..products, enabling technologies and services to a diverse customer base that includes major life science companies and leading research institutions. ..

Shoe Carnival Inc. ..ents that involve a number of risks and uncertainties. A number of factors could cause our actual results, performance, achievements or industry resul..

Skechers U.S.A. Inc. ..ncorporated in Delaware in 1999. Throughout this report, we refer to Skechers U.S.A., Inc., a Delaware corporation, and its consolidated subsidiaries ..

Sands Regent (The) .. and our) operate casinos and tourist-based facilities through our wholly-owned subsidiaries: Zante, Inc., which owns and operates the Sands Regency C..

Speedway Motorsports Inc. ..us, and our) is a leading promoter, marketer and sponsor of motorsports activities in the United States. We own and operate Atlanta Motor Speedway (AM..

Spartan Stores Inc. ..ibutor and grocery retailer, operating principally in Michigan and Ohio. We operate two primary business segments: Grocery Distribution and Retail. We..

Superior Energy Services Inc. ..services and equipment focused on serving the production-related needs of oil and gas companies primarily in the Gulf of Mexico and the drilling-relat..

Total System Services Inc. ..ing and related services to financial and nonfinancial institutions. Services include processing consumer, retail, commercial, government services, st..

Thor Industries Inc. ..ells a wide range of recreation vehicles and small and mid-size buses in the United States and Canada. We are incorporated in Delaware and are the suc..

Tag-It Pacific Inc. ..ecializes in the distribution of a full range of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. We act as..

United Mobile Homes Inc. ..y-seven manufactured home communities containing approximately 6,200 sites. These communities are located in New Jersey, New York, Ohio, Pennsylvania ..

Viacom Inc. .. 31, 2005, we became a stand-alone public company in connection with our separation from the former Viacom Inc. (the Former Viacom). Prior to the sepa..