DGAP-Adhoc: Valor Computerized Systems Ltd.:Valor Announces

Valor Computerized Systems Ltd. / Share Buyback

30.07.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Yavne, Israel  July 30th , 2008 - Valor Computerized Systems [Prime
Standard: VCR, WKN 928731], a global provider of productivity-enhancing
software solutions for the electronics industry, announces today that its
board of directors has decided to approve that the company buy back some of
its shares in a total amount of up to (according to the management
discretion) US$3 Million.

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Information and Explaination of the Issuer to this News:

Commenting on the intended purchase of shares, Dan Hoz, Valors CEO, said:
'At the current market conditions, we consider the share repurchase to be
an attractive investment opportunity and believe that it will also have a
positive contribution to the earnings per share. We have a strong balance
sheet and cash flow from operations as well as confidence in our long-term
growth and profitability, and have therefore chosen to engage in this
process, while, in parallel, continuing to invest in developing our
business.'


About Valor
Valor is a global provider of productivity improvement software solutions
for the printed circuit board, or PCB, manufacturing supply chain. PCBs are
the principal electronic interconnect technology used in the vast majority
of electronic products sold today.  Valors solutions target three key
segments in the PCB manufacturing market: design of the physical layout of
the PCB, fabrication of the bare PCB, and assembly of PCB components.




For further information, please contact:
Valor Corporate
Alon Erlich
alon.erlich@valor.com
Tel: +972-(0)8-943-2430


Risks Regarding Forward Looking Statements 
Certain statements included herein are forward-looking in nature and,
accordingly, are subject to risks and uncertainties. Such forward-looking
statements include statements regarding the size and timing of the proposed
offering.  These forward-looking statements are only predictions based on
our current expectations and projections about future events.  Many
factors, including those indicated in the press release, as well as general
market conditions, could impact the realization of these forward-looking
statements. Valor wishes to caution prospective investors not to rely on
any such forward-looking statements as predictions of future events. Valor
does not undertake, and specifically disclaims any obligation, to update
any forward-looking statements, which speak only as of the date made. For
additional information, see our website at: www.valor.com/fls


DGAP 30.07.2008 
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Language:     English
Issuer:       Valor Computerized Systems Ltd.
              4 Faran Street
              70600 Yavne
              Israel
Phone:        +972-(0)3 - 9432430
Fax:          +972-(0)3 - 9432429
E-mail:       IR@valor.com
Internet:     www.valor.com
ISIN:         IL0010845324
WKN:          928731
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Düsseldorf
End of News                                     DGAP News-Service
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DGAP-Adhoc: Valor Computerized Systems Ltd.:Valor Announces Stock Repurchase of up to US$3.0M
