Love of the Land: Good news: Israeli company sells computer system to Iran

Good news: Israeli company sells computer system to Iran

Carl
Israel Matzav
18 January '10

An Israeli information technology company is selling an online business management system to the Tehran Chamber of Commerce despite restrictions in both countries against doing business with each other.

Yehoshua Meiri, a spokesman for the Ramat Gan-based company DaroNet, said his company had sold Teheran's Chamber of Commerce more than 70 licenses providing for the use of DaroNet's signature business Web site management software.

The $1 million deal, signed last month at DaroNet's European headquarters in Belgium, involved a down payment of $200,000, to be followed by 10 payments throughout the year.

"The deal is signed and delivered," Meiri said. "They can't go back on it now."

And how did they get around the fact that Israeli companies aren't allowed to sell to Iran?

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Love of the Land: Good news: Israeli company sells computer system to Iran