October 10, 2023
Dear shareholders,
It is an understatement to say that we are all in a state of shock as a result of the war that was initiated against Israel on October 7th. The level of devastation and horror is yet to be understood in any real manner. Our lives were transformed in a matter of moments into one of high alert, survival, and grief for those who have been so barbarically injured and killed. As many have said, we have not experienced such an overwhelming attack since the Yom Kippur War of 1973. However, with the help of G’d and the unity of the Jewish people, we will prevail.
The management of Dror Ortho-Design, Inc. (the “Company”) wanted to take the soonest opportunity to provide our shareholders with an update and status of the Company considering current events. In brief, due to the fluid situation, we are assessing our status on a daily basis. As of the date of this letter, there has been no material change in the status or progress of the Company and its business plan. We are moving ahead as planned in the best manner possible.
As you know, our hardware and software development teams are comprised of individuals who have served in elite intelligence and combat units of the Israel Defense Forces. Some of these individuals have been called to duty, while others may be called at a later date. In our daily assessments, we redistribute the workloads and responsibilities as needed since we have built an organization that is flexible and nibble.
As the Chief Executive Officer of the Company, I will endeavor to update you all on any material changes as the situation unfolds here in Israel.
May Hashem protect all of us and assist in bringing a victorious resolution to this war.
Lee Haddad
Chief Executive Officer, Dror Ortho-Design, Inc.