Wednesday, 9 September 2009

Technological know how

Giants such as Google, Yahoo will have to pay royalties to company owned by 28-year old Israeli in order to use its internet search option
CEO of Netex, Aviv Refuah, has scored a US patent on a new internet search option developed by his company, which has seen the Israeli hi-tech firm's stocks soar by 144% and its net worth rise by over $30 million.
"Our plans for the company are huge," says Refuah, who started the company at age 16 and is now only 28 years old.

http://www.ynetnews.com/articles/0,7340,L-3773202,00.html

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