Exhibit 8.0

Significant subsidiaries of the Company

Subsidiary				Percent of Ownership				Jurisdiction
Lipman U.S.A., Inc.				100%				United States (New York)
Lipman Elektronik ve Danismanlik Ltd				100%				Turkey
Dione Ltd.				100%				England
Lipman do Brazil Ltda.*				100%				Brazil

*	Comprised of two companies: Lipman do Brasil Serviço de Automação Comercial Ltda. and Lipman do Brasil Comercio de Produtos Eletrônicos Ltda., which, for the purpose of this list, are viewed by us as a single company.