Itsik Onfus

Mr. Onfus has served as a director of M-Systems since August, 2003.
Since the consolidation of all SAP entities in Israel in the beginning of 2005, Mr. Onfus serves as the Vice President Finance of the consolidated corporation - SAP Labs Israel.
From July, 2002, Mr. Onfus served as the Director of Finance at Sap Portals Israel Ltd.
From 1995 to 2002, Mr. Onfus served as the Chief Financial Officer of a number of start-up companies in their incubation stage, including, among others, VDOnet Corporation Ltd., TI ISRAEL (formerly Butterfly V.L.S.I Ltd.), CallManage Inc., Voquette, RFWaves Ltd., Envara Ltd.
and IXI Mobile.
From 1990 to 1995, Mr. Onfus filled the positions of Controller, Corporate Controller and, prior to its purchase by Elbit, Chief Financial Officer of Fibronics Ltd., prior to which, from 1986 to 1990, Mr. Onfus worked as a CPA for the accounting firm of Goren, Ben Yaakov.
During his studies, Mr. Onfus worked both as an assistant professor in the Economics department of the Hebrew University, Jerusalem, and as a research assistant, in the Research Department of the Bank of Israel.
Mr. Onfus received his B.A.
degree in Economics and Accounting from the Hebrew University, Jerusalem in 1990.
Mr. Onfus qualifies as an independent director under applicable Nasdaq rules and was elected to the Board of Directors as an External Director under the applicable provisions of the Companies Law.