Elron Files Annual Report for 2007 on Form 20-F

TEL AVIV, Israel--(BUSINESS WIRE)--Elron Electronic Industries Ltd. (NASDAQ:ELRN) (TASE:ELRN), announced today that it has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The filing is available online on the SEC's website at www.sec.gov or on the Company’s website at www.elron.com. Hard copies of the report are available to shareholders upon request, free of charge, by calling +972 3-607-5555, or emailing elron@elron.net.

Elron Electronic Industries Ltd. (TASE & NASDAQ: ELRN), a member of the IDB Holding group, is a leading Israel-based technology holding company directly involved in the long-term performance of its group companies. Elron identifies potential technologies, creates strategic partnerships, secures financing, and recruits highly qualified management teams. Elron's group companies currently comprise a diverse range of publicly-traded and privately held companies primarily in the fields of medical devices, information & communications technology, clean technology and semiconductors. For further information, please visit www.elron.com

(Any statements in this press release that may be considered forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Actual results may differ from such forward-looking statements due to the risk factors discussed in periodic reports filed by the Company with the Securities and Exchange Commission, which the Company urges investors to consider).