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Exhibit 10.11

THE SECURITIES TO WHICH THIS
PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (THE SUBSCRIPTION AGREEMENT) RELATES
HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES
COMMISSION OF ANY STATE, AND WILL BE ISSUED IN RELIANCE UPON AN EXEMPTION FROM
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE 1933 ACT), AND,
ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT UNDER THE 1933 ACT OR BASED ON AN OPINION OF COUNSEL SATISFACTORY, IN FORM AND
SUBSTANCE, TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED PURSUANT TO AN AVAILABLE
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE WITH
REGULATION S, AS PROMULGATED BY THE SECURITIES AND EXCHANGE COMMISSION (REGULATION
S) APPLICABLE FEDERAL, STATE, AND FOREIGN SECURITIES LAWS. HEDGING TRANSACTIONS
INVOLVING THESE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT.

CONFIDENTIAL PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (Non-US Investors)

|TO: | Acro
Inc.
|--- | ---------

Purchase Units

1.Subscription

1.1.     The
undersigned (the Subscriber) hereby irrevocably subscribes for
               and agrees to purchase from the Company, on the basis of the
representations and                warranties and subject to the terms and conditions set
forth herein, 2,000,000                Units at the price of US $0.75 per Unit (the Subscription
Price),                each Unit comprising one share of the Companys
Common Stock (a                Share) and one warrant , in the form attached
hereto (a                Warrant) exercisable for 5 years from Closing for
one additional                Share (a Warrant Share) at a price of US $1.25
(all subject to the                terms and conditions of the Warrant), for the
aggregate total purchase price of                the undersigned Subscriber of US
$1,500,000 (the Subscription                Proceeds).

1.2.     The
Subscriber acknowledges that the offering of Units contemplated hereby is
               part a private placement of Units (the Offering). The Offering
is                subject to a minimum aggregate subscription level of US $1,500,000.

1.3.     The
Offering is only open to Accredited Investors, as that term is
               defined in Regulation D under the 1933 Act.



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2.Payment

2.1.     The
Subscription Proceeds must accompany this Subscription and shall be paid by
               certified cheque or bank draft drawn on U.S. chartered bank reasonably
               acceptable to the Company, and made payable and delivered to the Company.
               Alternatively, the Subscription Proceeds may be wired to the Company or
its                lawyers pursuant to the wiring instructions set out in Exhibit A
attached                hereto. If the funds are wired to the Companys lawyers,
those lawyers are                authorized to immediately deliver the funds to the
Company.

2.2.     The
Subscriber acknowledges and agrees that this Subscription Agreement, the
               Subscription Proceeds and any other documents delivered in connection
herewith                will be held on behalf of the Company. In the event that this
Subscription                Agreement is not accepted by the Company for whatever reason,
which the Company                expressly reserves the right to do, within 60 days of
the delivery of an                executed Subscription Agreement by the Subscriber, this
Subscription Agreement,                the Subscription Proceeds (without interest
thereon) and any other documents                delivered in connection herewith will be
returned to the Subscriber at the                address of the Subscriber as set forth
in this Subscription Agreement.

2.3.     Where
the Subscription Proceeds are paid to the Company, the Company is entitled
               to treat such Subscription Proceeds as an interest free loan to the
Company                until such time as the Subscription is accepted and the
certificates                representing the Units have been issued to the Subscriber.

2.4.     In
accordance with the directions of the Companys Board of Directors, the
               Company intends to use the proceeds from the sale of the Units for working
               capital, general corporate purposes, sale and marketing operations, and
for any                other purpose that the Company sees fit.

3.     Documents
Required from Subscriber

3.1.     The
Subscriber must complete, sign and return to the Company an executed copy of
               this Subscription Agreement.

4.Closing

4.1.     Closing
of the offering of the Units (the Closing) shall occur on or
               before February 15, 2007, or on such other date as may be determined by
the                Company (the Closing Date).

4.2.     The
Company may, at its discretion, elect to close the Offering in one or more
               closings, in which event the Company may agree with one or more
subscribers                (including the Subscriber hereunder) to complete delivery of
the Units to such                subscriber(s) against payment therefor at any time on or
prior to the Closing                Date.

2

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5.Acknowledgements
of Subscriber

5.1.     The
Subscriber acknowledges and agrees that:

| | (a) | none
of the Shares of Warrants have been registered under the 1933 Act, or under
               any state securities or blue sky laws of any state of the
United                States, and, unless so registered, may not be offered or sold in
the United                States or, directly or indirectly, except in accordance with
Regulation S,                pursuant to an effective registration statement under the
1933 Act, or based on                an opinion of counsel satisfactory, in form and
substance, to the Company that                such registration is not required pursuant
to an exemption from the registration                requirements of the 1933 Act;
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | the
Subscriber acknowledges that the Company has not undertaken, and will have
               no obligation, to register any of the Shares or Warrants under the 1933
Act;
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | the
Subscriber is representing and warranting that the Subscriber is an
               Accredited Investor, as the term is defined in Regulation D under the 1933
Act;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d) | the
decision to execute this Agreement and acquire the Units hereunder has not
               been based upon any oral or written representation as to fact or otherwise
made                by or on behalf of the Company;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (e) | no
securities commission or similar regulatory authority has reviewed or passed
               on the merits of the Units;
| | --- | --------------------------------------------------------------------------------------------------------------------------

| | (f) | there
is no government or other insurance covering the Units;
| | --- | -------------------------------------------------------------

| | (g) | there
are risks associated with an investment in the Units, including but not
               limited to risks associated with investment in a high-tech company;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (h) | the
Subscriber and the Subscribers advisor(s) have had a reasonable
               opportunity to ask questions of and receive answers from the Company in
               connection with the distribution of the Units hereunder, and to obtain
               additional information, to the extent possessed or obtainable without
               unreasonable effort or expense, necessary to verify the accuracy of the
               information about the Company;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i) | the
books and records of the Company were available upon reasonable notice for
               inspection, subject to certain confidentiality restrictions, by the
Subscriber                during reasonable business hours at its principal place of
business, and all                documents, records and books in connection with the
distribution of the Units                hereunder have been made available for
inspection by the Subscriber, the                Subscribers lawyer and/or
advisor(s);
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (j) | the
Subscriber will indemnify and hold harmless the Company and, where
               applicable, its directors, officers, employees, agents, advisors and
               shareholders, from and against any and all loss, liability, claim, damage
and                expense whatsoever (including, but not limited to, any and all fees,
costs and                expenses whatsoever reasonably incurred in investigating,
preparing or defending                against any claim, lawsuit, administrative
proceeding or investigation whether                commenced or threatened) arising out
of or based upon any representation or                warranty of the Subscriber
contained herein, in any document furnished by the                Subscriber to comply
with any covenant or agreement made by the Subscriber to                the Company in
connection therewith;
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | (k) | the
Company will refuse to register any transfer of the Units or Shares not made
               in accordance with the provisions of this Regulation S, pursuant to an
effective                registration statement under the 1933 Act or not based upon an
opinion of                counsel satisfactory, in form and substance, to the Company
pursuant to an                available exemption from the registration requirements of
the 1933 Act;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (l) | the
Subscriber has been advised to consult the Subscribers own legal, tax
               and other advisors with respect to the merits and risks of an investment
in the                Units and with respect to applicable resale restrictions, and it is
solely                responsible (and the Company is not in any way responsible) for
compliance with:
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i) | any
applicable laws of the jurisdiction in which the Subscriber is resident in
               connection with the distribution of the Units hereunder, and
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii) | applicable
resale restrictions.
| | ---- | -------------------------------

| | (m) | this
Subscription Agreement is not enforceable by the Subscriber unless it has
               been accepted by the Company.
| | --- | ---------------------------------------------------------------------------------------------------------------------------

| | (n) | The
Subscriber understands that, unless the Subscriber notifies the Company in
               writing to the contrary before the Closing, all the representations and
               warranties contained in this Subscription Agreement will be deemed to have
been                reaffirmed and confirmed as of the date of the Closing, taking into
account all                information received by the Subscriber after the date hereof
up to the date of                the Closing.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

6.    Representations,
Warranties and Covenants

6.1.     The
Subscriber hereby represents and warrants to and covenants with the Company
               (which representations, warranties and covenants shall survive the
Closing)                that:

| | (a) | the
Subscriber has the legal capacity and competence to enter into and execute
               this Subscription Agreement and to take all actions required pursuant
hereto                and, if the Subscriber is a corporation, it is duly incorporated
and validly                subsisting under the laws of its jurisdiction of incorporation
and all necessary                approvals by its directors, shareholders and others have
been obtained to                authorize execution and performance of this Subscription
Agreement on behalf of                the Subscriber;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | (b) | the entering into of this Subscription Agreement and the transactions
               contemplated hereby do not result in the violation of any of the terms and
               provisions of any law applicable to, or the formation documents of, the
               Subscriber or of any agreement, written or oral, to which the Subscriber may be
               a party or by which the Subscriber is or may be bound;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | the Subscriber has duly executed and delivered this Subscription Agreement and
               it constitutes a valid and binding agreement of the Subscriber enforceable
               against the Subscriber;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d) | the Subscriber has the requisite knowledge and experience in financial and
               business matters as to be capable of evaluating the merits and risks of the
               investment in the Units and the Company;
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (e) | the Subscriber is resident in the jurisdiction set out under the heading
               Name and Address of Subscriber on the signature page of this
               Subscription Agreement;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (f) | the Subscriber is acquiring the Units for investment only and not with a view to
               resale or distribution and, in particular, it has no intention to distribute
               either directly or indirectly any of the Units;
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (g) | the Subscriber is acquiring the Units as principal for the Subscribers own
               account for investment purposes only, and not with a view to, or for, resale,
               distribution or fractionalization thereof, in whole or in part, and no other
               person has a direct or indirect beneficial interest in such Units;
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (h) | the Subscriber is not an underwriter of, or dealer in, the common shares of the
               Company, nor is the Subscriber participating, pursuant to a contractual
               agreement or otherwise, in the distribution of the Units;
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i) | the Subscriber is not aware of any advertisement of any of the Units; and
| | --- | -------------------------------------------------------------------------

| | (j) | no person has made to the Subscriber any written or oral representations;
| | --- | -------------------------------------------------------------------------

| | (i) | that
any person will resell or repurchase any of the Units or Shares;
| | --- | ---------------------------------------------------------------------

| | (ii) | that
any person will refund the purchase price of any of the Units;
| | ---- | -------------------------------------------------------------------

| | (iii) | as
to the future price of value of any of the Units or Shares;
| | ----- | --------------------------------------------------------------

5

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| | (iv) | that any of the Units or Shares will be listed and posted for trading on any
                    stock exchange or automated dealer quotation system or that application has been
                    made to list and post any of the Units of the Company on any stock exchange or
                    automated dealer quotation system; or
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (v) | as to the tax or accounting consequences of this investment in the Units, or as
                    to profits, losses or cash flow which may be received or sustained as a result
                    of the investment in the Units.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (k) | The
Subscriber is not a U.S. person as that term is defined under
          Regulation S.
| | --- | -------------------------------------------------------------------------------------------

| | (l) | On
the date hereof, the Subscriber is outside the United States, and the offer
               of Units was not made to Subscriber in the U.S.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------

| | (m) | The
Subscriber is purchasing the Units for the Subscribers own account and
               not for the account or benefit of a U.S. person (as defined in
               Regulation S), or is a U.S. person who purchased securities in a
transaction                that did not require registration under the 1933 Act, and the
sale has not been                prearranged with a buyer in the United States.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (n) | The
Subscriber acknowledges and understands that Units offered pursuant to this
               Subscription Agreement will not be offered, directly or indirectly, to the
               public in Switzerland and this Subscription Agreement does not constitute
a                public offering prospectus as that term is understood pursuant to art.
652a or                art. 1156 of the Swiss Federal Code of Obligations. The Company
has not applied                for a listing of the ordinary shares being offered
pursuant to this prospectus                on the SWX Swiss Exchange or on any other
regulated securities market, and                consequently, the information presented
in this prospectus does not necessarily                comply with the information
standards set out in the relevant listing rules. The                Units or Shares being
offered pursuant to this prospectus or the have not been                registered with
the Swiss Federal Banking Commission as foreign investment                funds, and the
investor protection afforded to acquirers of investment fund                certificates
does not extend to acquirers of Units or Shares.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (o) | The
statements made by the Subscriber herein are true and correct and are
               confirmed hereby, and the Company shall be entitled to rely thereon.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------

6.2.     The
Company represents and warrants to the Subscriber as of the date hereof and
               as of the Closing that:

| | (a) | Rights
of Others Affecting the Transactions. There are no preemptive rights of
               any stockholder of the Company, as such, to acquire the Purchased
Securities or                the Shares. No other party has a currently exercisable right
of first refusal                which would be applicable to any or all of the
transactions contemplated by this                Agreement.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | (b) | Status.
The Company is a corporation duly organized, validly existing and in                good
standing under the laws of the State of Incorporation and has the requisite
               corporate power to own its properties and to carry on its business as now
being                conducted. The Company is duly qualified as a foreign corporation to
do business                and is in good standing in each jurisdiction where the nature
of the business                conducted or property owned by it makes such qualification
necessary, other than                those jurisdictions in which the failure to so
qualify would not have or result                in a material adverse effect. The Company
has registered its stock and is                obligated to file reports pursuant to
Section 12 or Section 15(d) of the                Securities and Exchange Act of 1934, as
amended (the 1934 Act). The                Common Stock is quoted on the
non-NASDAQ over the counter Bulletin Board. The                Company has received no
notice, either oral or written, with respect to the                continued eligibility
of the Common Stock for such quotation on the non-NASDAQ                over the counter
Bulletin Board, and the Company has maintained all requirements                on its
part for the continuation of such quotation.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | Authorized
Shares.
| | --- | ------------------

| | (i) | The
authorized capital stock of the Company consists of 700,000,000 shares of
                    Common Stock, $ $0.001 par value per share, of which approximately
64,748,356                     are outstanding as of January 4, 2007.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii) | There
are no outstanding securities which are convertible into shares of Common
                    Stock, whether such conversion is currently exercisable or
exercisable only upon                     some future date or the occurrence of some
event in the future, except stock                     options as set out in the Companys
periodical public reports as filed with                     the SEC.
| | ---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (iii) | The
Shares have been duly authorized by all necessary corporate action on the
                    part of the Company, and, when issued on exercise of the Warrants, in
each case                     in accordance with their respective terms, will have been
duly and validly                     issued, fully paid and non-assessable and will not
subject the Subscriber                     thereof to personal liability by reason of
being such Subscriber.
| | ----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

7.     Acknowledgement
and Waiver

7.1     The
Subscriber has acknowledged that the decision to purchase the Units was solely made on
the basis of publicity available information. The Subscriber hereby waivers, to the
fullest extent permitted by law, any rights of withdrawal, rescission or compensation for
damages to which the Subscriber might be entitled in connection with the distribution of
any of the Units.

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8.     Legending
of Subject Units

8.1     The
subscriber hereby acknowledges that upon the issuance thereof, and until such time as the
same is no longer required under the applicable securities laws and regulations, the
certificates representing the Shares, Warrants and Warrants Shares will bear a legend in
substantially the following form:

THESE SECURITIES HAVE NOT BEEN
REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY
STATE AND HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT), AND, ACCORDINGLY, MAY
NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OR BASED ON AN OPINION OF COUNSEL SATISFACTORY, IN FORM AND SUBSTANCE, TO
THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED PURSUANT TO AN AVAILABLE EXEMPTION FROM
THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT IN ACCORDANCE WITH APPLICABLE FEDERAL,
STATE, AND FOREIGN SECURITIES LAWS, INCLUDING BUT NOT LIMITED TO REGULATION S AS
PROMULGATED BY THE SECURITIES AND EXCHANGE COMMISSION. HEDGING TRANSACTIONS INVOLVING
THESE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT.

8.2.    
          The subscriber hereby acknowledges and agrees to the Company making a notation
          on its records or giving instructions to the registrar and transfer agent of the
          Company in order to implement the restrictions on transfer set forth and
          described in this Subscription Agreement.

9.     Commission
to the Agent

9.1     The
Subscriber understands that upon Closing the Company may, in its sole discretion, approve
the payment and issuance of securities as a commission to an finder or finders, such
commission to be calculated on the basis of a percentage of the gross proceeds of the
Offering raised from Subscribers introduced to the Company by such agent(s).

10.    
          Costs

10.1.    
          The Subscriber acknowledges and agrees that all costs and expenses incurred by
          the Subscriber (including any fees and disbursements of any special counsel
          retained by the Subscriber) relating to the purchase of the Units shall be borne
          by the Subscriber.

11.    
          Governing Law

11.1.    
          The Subscriber Agreement is governed by the laws of the State of New York. The
          Subscriber, in its personal or corporate capacity and, if applicable, on behalf
          of each beneficial purchaser for whom it is acting, irrevocably agree to the
          jurisdiction of the courts of the State of New York, without reference to its
          conflict of laws provisions.

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12.    
          Survival

12.1.    
          This Subscriber Agreement, including without limitation the representation,
          warranties and converts contained herein, shall survive and continue in full
          force and effect and be binding upon the parties hereto notwithstanding the
          completion of the purchase of the Units by the Subscriber pursuant hereto.

13.    
          Assignment

13.1.    
          The Subscriber Agreement is not transferable or assignable.

14.    
          Severability

14.1.    
          The invalidity or unenforceability of any particular provision of this
          Subscription Agreement shall not affect or limit the validity or enforceability
          of the remaining provisions of this Subscription Agreement.

15.    
          Entire Agreement

15.1.    
          Except as expressly provided in this Subscription Agreement and in the
          agreements, instruments and other documents contemplated or provided for herein,
          this Subscription Agreement contains the entire agreement between the parties
          with respect to the sale of the Units and there are not other terms, conditions,
          representations or warranties, whether expressed, implied, oral or written, by
          statute or common law, by the Company or by anyone else.

16.    
          Notices

16.1 All notices and other
communications hereunder shall be in writing and shall be deemed to have been duly given
if mailed or transmitted by any standard form of telecommunication. Notices to the
Subscriber shall be directed to the address on the signature page of this Subscription
Agreement and notices to the Company shall be directed to it at its registered office in
Israel.

17.    
          Counterparts and Electronic Means

17.1.    
          The Subscriber Agreement may be executed in any number of counterparts, each of
          which when so executed and delivered, shall constitute an original and all of
          which together shall constitute one instrument. Delivery of an executed copy of
          this Agreement by electronic facsimile transmission or other means of electronic
          communication capable of producing a printed copy will be deemed to be execution
          and delivery of this Agreement as of the date hereinafter set forth.

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18.    
          Piggy Back Rights

18.1     If at
any time, the Company proposes to file a registration statement under the Securities Act
of 1933, as amended (Securities Act) on Form S-1 or S-3 (or any other
appropriate form for the general registration of securities) with respect to any resale
of shares of Common Stock by shareholders of the Company, other than a registration
statement relating either to the sale of securities to employees of the Company pursuant
to a stock option, stock purchase or similar plan or a Securities and Exchange Commission
(SEC) Rule 145 transaction, a registration on any form which does not include
substantially the same information as would be required to be included in a registration
statement covering the sale of the shares of Common Stock, the Company shall give the
Subscriber a written notice at least 20 days before the filing with the Securities and
Exchange Commission of such registration statement. If the Subscriber desires to have any
of the Shares sold hereunder (Subscribers Shares) included in such
registration statement, the Subscriber shall so advise the Company in writing within 10
days after the date of mailing of such notice from the Company. The Company shall
thereupon include in such filing the number of Subscribers Shares for which
registration is so requested, subject to their right to reduce the number of such shares
as hereinafter provided, and shall use its commercial reasonable efforts to effect
registration under the Securities Act of such shares; provided, however, that the Company
shall have the right to terminate or withdraw any registration initiated by it under this
Section 18.1 prior to the effectiveness of such registration whether or not the
Subscriber has elected to include securities in such registration. In the event the
offering of the Companys capital stock or other securities covered by such
registration statement is to be underwritten, the Company shall not be required to
include any of the Subscribers Shares in such offering unless Subscriber accept the
terms of the underwriting as agreed upon between the Company and its underwriters, and
then only in such quantity as the underwriters determine in their sole discretion will
not jeopardize the success of the offering by the Company, and in such event the offering
of the Subscribers Shares included in the registration statement shall also be
underwritten on the same basis as the shares offered by the Company and the Company shall
furnish the Subscriber with a written statement of the managing or principal underwriter
as to the maximum number of shares, if any, (the Maximum Includable Securities)
of each type or class of the Companys securities that the managing or principal
underwriter, in its good faith judgment, deems practicable to offer and sell at that time
in a firm commitment underwritten offering without materially and adversely affecting the
marketability or price of the securities of the Company to be offered. If the total
number of securities proposed to be included in such registration statement is in excess
of the Maximum Includable Securities, the number of securities to be included within the
coverage of such registration statement shall be reduced to the Maximum Includable
Securities. It shall be a condition precedent to the obligations of the Company to take
any action pursuant to this Section with respect to the Subscribers Shares that the
Subscriber shall furnish to the Company such information regarding itself, the Subscribers
Shares held by it, and the intended method of disposition of such securities as shall be
reasonably required to effect the registration of the Subscribers Shares. This
obligation shall terminate when the Subscribers Shares could be sold without
restriction under Rule 144(k) promulgated by the SEC under the Securities Act of 1933.

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19.     Delivery
Instructions

19.1     The
Subscriber hereby directs the Company to deliver the Share and Warrant Certificates to:

| | PROFESSIONAL
TRADING SERVICES SA          Kuttelgasse 4          CH-8001 Zurich          Attn: Dr.
Rene Simon
| | -------------------------------------------------------------------------------------------------------------

19.2.    
          The Subscriber hereby directs the Company to cause the Units to be registered on
          the books of the Company as follows:

| | PROFESSIONAL
TRADING SERVICES SA (name)
| | ---------------------------------------

| | Kuttelgasse
4  CH-8001 Zurich Attn: Dr. Rene Simon (address)
| | ------------------------------------------------------------

IN WITNESS WHEREOF the
Subscriber has duly executed this Subscription Agreement as of the date of acceptance by
the Company:

| |  | PROFESSIONAL TRADING SERVICES SA(Name of Subscriber - Please type or print)/s/ 
(Signature and, if applicable, Office)
 Kuttelgasse 4
CH-8001 Zurich
Attn: Dr. Rene Simon(Address of Subscriber)
Switzerland(Country of Subscriber)
(Fax and/or E-mail Address of Subscriber)
| |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

# A C C E P T A N C E

The above-mentioned Subscription
Agreement in respect of the Units is hereby accepted by the Company.

Dated at the13th day of
February, 2007

ACRO INC.Per: /s/ Gadi AnerAuthorized Signatory

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