Exhibit 3.1
-----------
THE COMPANIES ORDINANCE
-----------------------
PRIVATE COMPANY LIMITED BY SHARES
---------------------------------
MEMORANDUM OF ASSOCIATION
-------------------------
1 The name of the Company in English is: R.T.S. Relational Technology Systems
Ltd.
The name of the Company in Hebrew is: [Hebrew spelling of Company's Name]
1 The objects for which the Company is established are as follows (indicate
the primary object):
1.1 Development of computer software;
1.2 The purchase and acquisition of computers;
1.3 Any business activity in the field of computers;
1.4 Any other object as shall be resolved by the Company's management.
3. The liability of the members is limited.
4. The share capital of the Company shall be NIS 10,000 (ten thousand New
Israeli Shekels) divided into 10,000 Ordinary Shares of par value NIS 1.0
per share.
WE, the several persons or entities whose names and addresses are hereunto
subscribed, are desirous of being formed into a Company in pursuance of this
Memorandum of Association, and we respectively agree to subscribe for the
number of shares in the capital of the Company set opposite our respective
names.
- ------------------------------------------------------------------------------------------------------
Name Address No. of Signature Date
Shares
- ------------------------------------------------------------------------------------------------------
Dov Rozenfeld 38 Haa'rbaa' St., Jerusalem 1 /s/ Dov Rozenfeld
- ------------------------------------------------------------------------------------------------------
Vladimir Morgenstern Gilo 237/89, Jerusalem 1 /s/ Vladimir Morgenstern
- ------------------------------------------------------------------------------------------------------
Total shares Subscribed for: 2
Dated this 8/th/ day of March, 1988.
WITNESS to the above signatures of Dov Rozenfeld and Vladimir Morgenstern.
/s/
- ---------------------------