Aharonson added, "I am excited with the opportunity to join
Compugen and become an integral part of this impressive team.cgen.com

This press release contains "forward-looking statements " within
the meaning of the Private Securities Litigation Reform Act of 1995. These and other
factors are identified and more fully explained under the heading
"Risk Factors" in Compugen's annual reports filed with the Securities
and Exchange Commission.

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"We will also significantly
lower the cost of tunable devices through fabrication on 4 and 6 inch
wafers. For additional information, please visit
Compugen's corporate Website at www.

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125 million contract award from
the University of California, Riverside, for Nanoscale Science and
Engineering. Other products
include electronically tunable RF filters, pre-selectors and phase
shifters. For more information visit www.

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"
Aharonson joins Compugen from Advanced Recognition Technologies
Inc. (ART) headquartered in Tel-Aviv, Israel , where he served for
twelve years, most recently as Chief Executive Officer.

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Compugen Appoints Vice President Computational Life Science Research and Development

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Nanotechnology will not
only change the way that science and engineering are practiced, but
will vastly improve the quality of life for all by bringing about
revolutionary advances in electronics, computing, communications,
engineering materials and medicine.

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(Nasdaq:CGEN) announced today the appointment of Eran Aharonson, as
Vice President, Computational Life Science Research and Development.
"Eran's qualifications and background highly fit Compugen's
multidisciplinary research and development culture since he brings
with him many years of managerial and technical experience in the
field of speech and handwriting recognition , which requires combining
mathematics and computational technologies with the very different
field of linguistics. In addition,
Aharonson held various positions at ART including President, Vice
President for Research and Development, and other positions. Aharonson holds Master's and Bachelor's
Degrees in Computer Science from the Technion (Israel Institute of
Technology). Some of these risks are: changes in
relationships with collaborators; the impact of competitive products
and technological changes; risks relating to the development of new
products; the ability to implement technological improvements; the
ability of Compugen to obtain and retain customers.

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paratek.
In this position , Aharonson will lead Compugen's Computational Life
Science (CLS) R+D and IT teams with direct management responsibility
for all computational biology activities including enhancement of drug
and diagnostics discovery engines, new technology development, and
support of Compugen's external alliances.

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Business Editors/Technology Writers

WASHINGTON----Paratek Microwave,
Inc.

Earlier
in his career, Aharonson worked for the IBM Scientific Research Center
in Haifa, Israel and served in the Israel Defense Forces where he
commanded a technical unit.

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Resulting
products are multi -band, multi-function radio frequency components and
front ends with ultra wideband frequency agility for software defined
radios, circuit agility for longer battery life, and real-time
adaptive impedance matching for improved performance.

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Paratek has also developed a line of smart scanning and
phased array antennas, which provide enhanced wireless network
performance, flexibility, scalability, and are particularly well
suited for RFID and communications on the move applications. Paratek
is headquartered in Columbia, Maryland, with offices in Nashua, New
Hampshire.

Business Editors /Health/Medical Writers

TEL AVIV, Israel----Compugen Ltd. These
forward-looking statements involve known and unknown risks and
uncertainties that may cause the actual results, performance or
achievements of Compugen to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements.

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Paratek Awarded $1.125 Million Contract from University of California Riverside

Aharonson will report to the
Company's Chief Executive Officer.

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"

About Paratek:

Paratek is uniquely able to address the solutions needed for the
next generation wireless devices by combining its patented tunable RF
and microwave dielectric materials technology with its highly
integrated 3-D miniaturization circuit and module design.

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Compugen has established a small-molecule drug discovery
affiliate - Keddem Bioscience, and an agricultural biotechnology
affiliate - Evogene.

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These statements include words like "may," "expects," "believes ," and
"intends," and describe opinions about future events.

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Paratek's family of tunable RF and microwave components
are based upon its core materials technology, Parascan(TM), an
electrically tunable dielectric material developed using thin film
integrated circuit deposition methodology.
"This important award will advance Paratek's tunable materials
technology by lowering the operating voltage to less than 10 volts
while also increasing component packaging robustness," said Jim
DiLorenzo , Paratek President and CEO.

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The Center is developing the
fundamental science and technology that underlies dramatically new
approaches to information processing and transmission., President and Chief Executive
Officer of Compugen. Among Compugen's customers and
partners are leading pharmaceutical and diagnostic companies, such as
Abbott Laboratories, Diagnostic Products Corporation, Novartis , and
Pfizer.

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com

About the University of California, Riverside, Center for Center
for Nanoscale Science + Engineering:

The UCR Center for Nanoscale Science and Engineering has
established a preeminent position in a broad swath of nanotechnologies
by bringing together scientists from the disciplines of chemistry,
physics, biology, engineering and medicine. His years of very successful management
experience combined with demonstrated technical expertise in the
development of state -of-the-art computational technologies, will
strongly complement our existing and future infrastructure and provide
value to our discovery of therapeutic and diagnostic product
candidates," stated Mor Amitai, Ph.

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These
advanced products will offer significant improvement in handset power
consumption , improved RF performance and higher reliability. I
believe that Compugen's unique approach to drug and diagnostic
discovery that is based on the integration of advanced mathematics and
computational technologies with biology holds an enormous promise, and
I look forward to becoming a part of the Company's future success.

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" Bob Metcalf, Chairman of Paratek's Board noted, "The lower
operating voltage and reduced cost are critical enablers for the
deployment of our tunable components in mobile phone handsets.D. The Company has
an early stage in-house pipeline consisting of selected therapeutic
protein candidates discovered by the Company; additional discoveries
have been out-licensed for development .

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, a privately held company at the forefront of the next generation
wireless devices, today announced a $1. In addition, as a member of
the Company's senior management team, he will be a key participant in
further development and implementation of Compugen's strategy and
corporate development activities .

About Compugen

Compugen is a drug and diagnostic discovery company incorporating
ideas and methods from mathematics, computer science, and physics into
biology, chemistry and medicine . The Company's powerful predictive
models and discovery engines are both advancing the understanding of
important biological phenomena and enabling the discovery of numerous
potential therapeutic products and diagnostic markers.

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These nano-crystalline thin
films are distinguished by their low loss, low leakage current, high
reliability and high tunability (ability to change capacitance with an
applied voltage).

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