6-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 6-K


                        REPORT OF FOREIGN PRIVATE ISSUER
                      PURSUANT TO RULE 13A-16 OR 15D-16 OF
                       THE SECURITIES EXCHANGE ACT OF 1934


                        For the month of December, 2001.


                      MARNETICS BROADBAND TECHNOLOGIES LTD.
                      -------------------------------------
                 (Translation of Registrant's Name Into English)


                               10 Hayetzira Street
                                  P.O. Box 2640
                              RA'ANANA 4300 ISRAEL
                    (Address of Principal Executive Offices)


         (Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)

         Form 20-F  X    Form 40-F
                   ---             ---

         (Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)

         Yes             No  X
             ---            ---

         (If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- _______.)

1.       INFORMATION AND DOCUMENTS REQUIRED TO BE FURNISHED.

         A.       Press Release dated December 6, 2001, announcing resignation
                  of Shlomo Harari from his position as Chief Executive Officer
                  of the Registrant.

         B.       On December 2, 2001, Baruch Schechter resigned as a director
                  of the Registrant contemporaneously with his separation of
                  employment with the Registrant's operating subsidiary,
                  Marnetics, Ltd.





                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                           Marnetics Broadband Technologies Ltd.


Dated:   DECEMBER  18, 2001                By: /s/ Menachem Reinschmidt
         ------------------                    ---------------------------------
                                               Menachem Reinschmidt, President

EX-99

                                                                      Exhibit 99


FOR IMMEDIATE RELEASE
DECEMBER 6, 2001

              CEO OF MARNETICS BROADBAND TECHNOLOGIES LTD. RESIGNS

          MENACHEM REINSCHMIDT, FOUNDER AND PRESIDENT, WILL ASSUME POST


RA'ANANA, ISRAEL - The Board of Directors of Marnetics Broadband Technologies
Ltd. (AMEX: MXB), accepted the resignation of Shlomo Harari from his post as CEO
of Company and Company's operating subsidiary, Marnetics, Ltd., effective
immediately. Mr. Harari assumed the post on September 1, 2001.

Mr. Harari will be replaced by Menachem Reinschmidt, founder of Marnetics
Ltd. and President of the parent company, Marnetics Broadband Technologies
Ltd. The terms of the Services Agreement between Marnetics, Ltd. and Mr.
Reinschmidt are being finalized and are subject to its Board's approval.
Management does not expect that the change in leadership will have a material
impact on the technology road map or commercialization schedule of Marnetics,
Ltd., the Company's operating subsidiary.

Mr. Reinschmidt is one of the leading data communication experts in Israel.
He has more than 15 years of experience in computer networking including
design, analysis, integration, and development. In addition to founding
Marnetics Ltd., he founded Speedwise Technologies Ltd., a global provider of
software solutions that accelerate and optimize Internet delivery over
wireless and landline networks. Last week, Speedwise won the Wall Street
Journal Europe's European Innovation Award for its wireless Internet
acceleration prooduct, Accellence(TM).

ABOUT MARNETICS

Marnetics Broadband Technologies Ltd., through its wholly-owned subsidiary,
Marnetics Ltd., specializes in the development and marketing of Packet Flow
Optimization solutions. Prospera(TM), the Company's product line which is
currently in development, is a Capacity Enhancement Platform which will feature
such capabilities as acceleration and differentiated services. The product is
intended to better manage over-subscription situations in Internet and Intranet
networks. The product is currently in an advanced stage of development by the
Company and management expects that the product will be available to the market
by Q3 2002. Shareholders in Marnetics include ECI Telecom (NASDAQ: ECIL),
Linkware Ltd., European and Israeli venture capital funds and private investors,
as well as the directors, managers and employees of Marnetics and its
subsidiaries.

Information about Marnetics may be obtained from the Company's web site:
www.marnetics.com or from the following contact:

Karen Gold Anisfeld, Vice President
Telephone:  ++ 972-9-761-6862;  Facsimile:  ++ 972-9-744-7715
Mobile:     ++ 972-54-209-578
Email:      karen@marnetics.com

CERTAIN STATEMENTS CONTAINED IN THIS PRESS RELEASE ARE NOT HISTORICAL IN NATURE
AND ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE NOT
GUARANTEES SINCE THERE ARE INHERENT DIFFICULTIES IN PREDICTING FUTURE RESULTS,
AND ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED IN
THE FORWARD-LOOKING STATEMENTS. FOR A LIST OF MAJOR FACTORS THAT COULD CAUSE
ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE PROJECTED, REFER TO THE FILINGS
OF MARNETICS BROADBAND TECHNOLOGIES LTD. (FORMERLY NAMED STAV ELECTRICAL SYSTEMS
(1994) LTD.) WITH THE SECURITIES AND EXCHANGE COMMISSION.