EXHIBIT
31.2




CERTIFICATION




I, Miron
Markovitz, certify that:




1.    I
have reviewed this annual report on Form 10-K of Lapis Technologies,
Inc.;




2.    Based
on my knowledge, this annual report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;




3.    Based
on my knowledge, the financial statements, and other financial information
included in this annual report, fairly present in all material respects the
financial condition, results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;




4.
The registrant’s other certifying officer(s) and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial
reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
registrant and have:




a)
            Designed such disclosure controls
      and procedures, or caused such disclosure controls and procedures to be
      designed under our supervision, to ensure that material information
      relating to the registrant, including its consolidated subsidiaries, is
      made known to us by others within those entities, particularly during the
      period in which this annual report is being
    prepared;





b)
            Designed such internal control
      over financial reporting, or caused such internal control over financial
      reporting to be designed under our supervision, to provide reasonable
      assurance regarding the reliability of financial reporting and the
      preparation of financial statements for external purposes in accordance
      with generally accepted accounting
  principles;





c)
            Evaluated the effectiveness of
      the registrant’s disclosure controls and procedures and presented in this
      report our conclusions about the effectiveness of the disclosure controls
      and procedures, as of the end of the period covered by this report based
      on such evaluation; and





d)
            Disclosed in this report any
      change in the registrant’s internal control over financial reporting that
      occurred during the registrant’s most recent fiscal quarter (the
      registrant’s fourth fiscal quarter in the case of an annual
      report)  that has materially affected, or is reasonably likely
      to materially affect, the registrant’s internal control over financial
      reporting; and





5.    The
registrant’s other certifying officer(s) and I have disclosed, based on our most
recent evaluation, to the registrant’s auditors and the audit committee of the
registrant’s board of directors (or persons performing the equivalent
functions):




a) All
significant deficiencies and material weaknesses in the design or operation of
internal controls which are reasonably likely to adversely affect the
registrant’s ability to record, process, summarize and report financial
information; and




b) Any
fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant’s internal controls over financial
reporting.




March 31,
2010




/s/ Miron MarkovitzMiron
      MarkovitzChief
      Financial Officer(Principal
      Financial Officer)