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Get 1 98 Medis Technologies Ltd (form: 424b5, Received: 02/20 ...

, 2008) MEDIS TECHNOLOGIES LTD. 266,667 Shares of Common Stock Pursuant to this prospectus supplement and the accompanying prospectus, we are offering 266,667 shares of our common stock to Ascendiant Capital Group, LLC. On February 13, 2009, we entered into a Securities Purchase Agreement with Ascendiant to establish a potential source of funding, in what is sometimes termed an equity line of credit arrangement. The 266,667 shares are being offered to Ascendiant as partial considerati.

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