Israel Growth Partners Acquisition Corp., in a filing with the Securities and Exchange Commission said that, the company will raise additional funds. The company said, We believe that we will need to raise capital to fund ongoing operations, and we may be unable to continue operations unless further financing is consummated. Costs for ongoing operations are anticipated to include the compliance cost of continuing to remain a public reporting company, and to fund the acquisition of an operating business. There is no assurance that the Companys plans to raise capital or to consummate a transaction will be successful. We do not currently have any specific capital-raising plans. We may seek to issue equity securities, including preferred securities for which we may determine the rights and designations, common stock, warrants, equity rights, convertibles notes and any combination of the foregoing. Any such offering may take the form of a private placement, public offering, rights offering, other offering or any combination of the foregoing at fixed or variable market prices or discounts to prevailing market prices. We cannot assure you that we will be able to raise sufficient capital on favorable, or any, terms.

Effective November 04, 2009, Israel Growth Partners Acquisition Corp. will change its OTCBB stock ticker symbol to IGPAE from IGPA.A.

Effective October 1, 2009, J. Patrick McMahon is appointed as a member of the Board of Directors, and as Chief Executive Officer, President, Chief Financial Officer, Secretary and Treasurer, of Israel Growth Partners Acquisition Corp. Also effective on October 1, 2009, each of Abhishek Jain and Richard J. Roth will resign as directors and officers of the company. As a result, as of October 1, 2009, Mr. McMahon will constitute the sole member of the company's Board of Directors and the sole officer of the company. J. Patrick McMahon, age 67, has served as of counsel with the Government Contracts Group at General Counsel, P.C. in McLean, VA, where he practices corporate law with a primary focus on companies that offer information technology products and services to the federal government, since November 2008. Mr. McMahon has been associated for the past 25 years with law firms that offer advice and counsel to federal contractors. From 1985 until 2008 he was a partner at Barton, Baker, McMahon & Tolle, LLP, in McLean, VA.