Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including amendments thereto) with respect to the common stock, par value $0.001 per share, of Lapis Technologies, Inc., and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof the undersigned, being duly authorized, hereby execute this Agreement this 5th day of January 2012.
| UTA Capital LLC | ||||||
| By: | YZT Management LLC, | |||||
| its managing member | ||||||
| Date: January 5, 2012 | By: | /s/ Udi Toledano | ||||||
| Udi Toledano | ||||||||
| its managing member |
| YZT Management LLC | ||||||
| By: | /s/ Udi Toledano | |||||
| Udi Toledano | ||||||
| its managing member | ||||||
| Alleghany Capital Corporation | ||||||
| By: | /s/ Peter R. Sismondo | |||||
| Peter R. Sismondo Vice President and Treasurer | ||||||
| Alleghany Corporation | ||||||
| By: | /s/ Peter R. Sismondo | |||||
| Peter R. Sismondo Vice President | ||||||
| /s/ Udi Toledano | ||||||
| Udi Toledano | ||||||