TSCM Tescom Software

RNS Number:0488D
Tescom Software Systems Testing Ltd
31 August 2007




Tescom Software Systems Testing Ltd. (the "Company")

31 August 2007

Amendment of the Company's Share Option Plan


The Company announces that, on 30 August 2007, the Board approved an amendment
of the Company's Share Option Plan, which is called the Israeli Share Incentive
Plan (the "ISIP"), pursuant to which future option grants over ordinary shares
of 0.01 New Israeli Shekels each in the Company ("Ordinary Shares") shall be
issued in accordance with the "Net Exercise" Method which allows optionees a
cashless exercise of their options over Ordinary Shares.

Additionally, the ISIP allows for the issuance, at the sole and absolute
discretion of the Board (or a committee thereof), of Restricted Stock Units
("RSUs"). An RSU is a right to receive an Ordinary Share, under certain
provisions, for a consideration of no more than the underlying Ordinary Share's
par value.



Enquiries:

Tescom
Philip Serlin, VP Finance                     +972 3 535 0990
Ravit Halevy, VP Corporate Development        +972 3 535 0990





                      This information is provided by RNS
            The company news service from the London Stock Exchange
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