BluePhoenix Solutions Announces First Quarter Results on May 9th, 2007 and Hosts a Conference Call

May 1, 2007

HERZLIYA, Israel , May 1st  - BluePhoenix Solutions (NASDAQ: BPHX - News) will report its First  Quarter Results on May 9th , 2007 before the market opening and host a conference call at 10:00 A.M. Eastern Standard Time.
Conference Call Details:
Arik Kilman, Chief Executive Officer, and Iris Yahal, Chief Financial Officer will discuss the First Quarter Results and will be available to answer questions.
The conference call will be held on:
Wednesday 9th, 2007 at 10:00 A.M.EST (17:00 Israel Time).
Interested parties are welcome to call the telephone numbers listed below, five to ten minutes prior to the start of the conference call.
In the US call: (800)-288-8975
Outside the US call: +1-(612)-332-0637
Callers should reference "First Quarter Results on May 9th, 2007" to the AT&T conference call operator.
An automated replay of the conference call will be available from May 9th 2:00 P.M. until May 11th at 11:59 P.M. (EST)
To access the replay please call (USA) (800)-475-6701 (International) +1-(320)-365-3844 and enter BluePhoenix Solution's access code of 872414

About BluePhoenix Solutions (www.bphx.com)
BluePhoenix Solutions (NASDAQ: BPHX) is a leading provider of value driven modernization solutions for legacy information systems. BluePhoenix's offering includes a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, rehosting and renewal. Leveraging over twenty years of best practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.

BluePhoenix's solutions serves companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing and retail. Among its prestigious customers are: Aflac, DaimlerChrysler, Danish Commerce and Companies Agency, Europe Assistance, Lawson Products, Los Angeles County Employees Retirement Association, Merrill Lynch, SDC Udvikling and TEMENOS. BluePhoenix has 12 offices in the U.S., UK, Denmark, Germany, Italy, Romania, Cyprus and Israel.

SAFE HARBOR: Certain statements contained in this release may be deemed forward-looking statements, with respect to plans, projections, or future performance of the Company, the occurrence of which involves certain risks and uncertainties that could cause actual plans to differ materially from these statements. These risks and uncertainties include but are not limited to: market demand for the Company's tools, successful implementation of the Company's tools, competitive factors, the ability to manage the Company's growth, the ability to recruit and retrain additional software personnel, and the ability to develop new business lines. This press release is also available at www.bphx.com. All names and trademarks are their owners' property.

Company Contact:

Iris Yahal
+972-9-9526110