ISIS S.A.E. –Information Systems International Services-was incorporated in November 1997. The company is specialized in providing information systems consulting and software development services. ISIS is enjoying a tax-free holiday for five years starting from the fiscal year 1999 till 2003. - In 1999, ISIS acquired Arabic Information Systems - INFO ARAB the world leader in Arabic linguistic technologies. - In 2000, ISIS acquired Integrated Systems Group - ISG, the Egyptian leader in Software solutions for manufacturing. Current market value of the ISIS group is EGP 32’000’000.00 i.e. around $9M(based in a valuation conducted by MRI (Moores Roland International) in October 2000.