February 21, 2007, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd. ('Leadcom' or 'the Company', AIM: LEAD), a leading international provider of innovative telecommunication solutions, announces that it has signed a non-binding term sheet (the "Term Sheet") with Electra Ltd. ("Electra"), a subsidiary of Elco Holdings Ltd. ("Elco"), (TASE: ELCO), in relation to a proposed investment by Electra in the Company.

Electra Ltd. (TASE: ELTR) is an international company and one of the leading companies in the Israeli economy. Its activities focus on real-estate development, investment in income-producing properties, construction, electro-mechanical systems and infrastructure.

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