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Press Releases


2010
 
bullet May 17, 2010
Formula Systems Reports First Quarter Results for 2010
 
bullet May 13, 2010
SAPIENS REPORTS 11% REVENUE GROWTH IN Q1 2010; In April 2010 Sapiens completed the acquisition of Harcase, a provider of insurance software for the P&C market
 
bullet April 26, 2010
Magic Software Reports Strong Results for Q1 2010: Revenues of $19.7M; Net Income More than Doubles to $2.1M (Non-GAAP) and $1.9M (GAAP)
 
bullet March 22, 2010
Formula Systems Reports Fourth Quarter and Fiscal Year 2009 Results; Annual Net Income Increased by 61% to $19.1 million; Following the results, the Company will distribute a dividend of $1.47 per share
 
bullet March 10, 2010
Sapiens Reports Strong Q4 net Profit in 2009; Non Gaap 2009 Annual Operating Profit of $6.53 million
 
bullet February 10, 2010
Magic Software Reports Q4 and Full Year 2009 Results: Annual Net Profits Increased to $6.2 million along with Improved Operations
 
 
2009
 
bullet November 18, 2009
Formula Systems Reports Third Quarter Results
 
bullet November 11, 2009
Sapiens Reports Strong Q3 2009 Results
 
bullet November 4, 2009
Magic Software Reports Results for the Third Quarter of 2009
 
bullet October 22, 2009
Formula Systems Announces the Sale of its Subsidiary nextSource
 
bullet August 25, 2009
Formula Systems Reports Second Quarter Results
 
bullet August 20, 2009
Sapiens Reports Strong Q2 2009 Results
 
bullet August 4, 2009
Magic Software Reports Results for the Second Quarter 2009
 
bullet July 6, 2009
Formula Announces Filing of Draft Prospectus in Israel
 
bullet May 26, 2009
Magic Software Announces Two New Contract Wins in Eastern Europe
 
bullet May 19, 2009
Formula Systems Reports First Quarter Results
 
bullet May 18, 2009
Sapiens Reports Strong Q1 2009 Results
 
bullet May 11, 2009
Magic Software Reports Results for the First Quarter 2009
 
bullet March 30, 2009
Formula Systems Reports Fourth Quarter and Fiscal Year 2008 Results
 
bullet March 4, 2009
Sapiens Reports Strong Q4 2008 Performance with Increased Net Income and Sales Growth
 
bullet February 18, 2009
Magic Software Reports Record 2008 Results: Net Profit Quadruples on Increased Sales
 
   
2008
   
bullet November 25, 2008
Formula Systems Reports Third Quarter 2008 Results
 
bullet November 25, 2008
Formula Systems Reports Third Quarter 2008 Results
 
bullet November 19, 2008
Sapiens Announces Q3 2008 Results with Net Income for the First Time After Several Years of Net Losses
 
bullet November 10, 2008
Magic Software Reports Strong Q3 2008 Results with Continued Revenue Momentum and Increased Profits
 
bullet August 25, 2008
Formula Systems Reports Second Quarter Results
 
bullet August 18, 2008
Sapiens Announces Appointment of Industry Veteran Eyal Ben-Chelouche to Board of Directors
 
bullet August 13, 2008
Sapiens Announces Q2 2008 Results
 
bullet August 7, 2008
Momentum Building for Magic Software: Record Revenues of $16 Million and Net Income of $1.7 Million for Q2 2008
 
bullet August 6, 2008
Sapiens Announces Launch of Microsoft based Technology Platform and Estimates $2 Million to $3 Million Revenues from the Product in the First Year
 
bullet May 30, 2008
Sapiens, Millbrook and IBM to offer on demand Business Intelligence to Small and Mid-Sized Insurance Carriers
 
bullet May 27, 2008
Formula Systems Reports First Quarter Results
 
bullet May 21, 2008
Magic Software Reports Financial Results for Q1 2008
 
bullet May 20, 2008
Magic Software outperforms the industry with its new, revolutionary Rich Internet Application Platform
 
bullet May 20, 2008
Sapiens Announces Q1 2008 Results
 
bullet April 1, 2008
Sapiens Forms Partnership with CGI Providing Carriers a Complete Insurance Administration Suite with CGI’s Ratabase® Rating Solution
 
bullet March 17, 2008
Formula Systems Reports Fourth Quarter and Fiscal Year 2007 Results
 
bullet March 13, 2008
Sapiens Announces Q4 2007 and Year-End Results
 
bullet February 28, 2008
Magic Software Reports Record Q4 Revenues: 5th Consecutive Quarter of Top Line Growth, 4th Consecutive Quarter of Profitability Yield Profit for Full-Year 2007
 
bullet February 20, 2008
Magic Software Announces a One-Week Postponement in the Publication of its 2007 Q4 and Full Year Earnings Release
 
bullet February 19, 2008
Magic Software Unveils a New Roadmap for its Application Platform Technology
 
bullet February 4, 2008
Magic Software to Report 2007 Fourth Quarter and Full Year Financial Results
 
bullet January 22, 2008
Formula Systems announces the appointment of Guy Bernstein as Chief Executive Officer of Formula Systems replacing Gad Goldstein
 
 
2007
   
bullet December 9, 2007
Sapiens Reports Payment of the Second Installment of the Principal of the Debentures
 
bullet November 28, 2007
Formula Systems Reports Third Quarter Results
 
bullet November 14, 2007
Sapiens Announces Q3 2007 Results
 
bullet November 8, 2007
Magic Software Reports Record Revenues for Q3 2007
 
bullet November 8, 2007
Magic Software Announces Guy Bernstein to Replace David Assia as Chairman of the Board
 
bullet October 15, 2007
Magic Software Builds for the Future With Major Integration Software Grant to Penn State University
 
bullet September 25, 2007
Sapiens Forms Alliance with CDS Business Mapping to Help Carriers Streamline their Underwriting Operations
 
bullet August 30, 2007
Sapiens and Cognos Team up
 
bullet August 28, 2007
Formula Systems Reports Record Second Quarter Results
 
bullet August 23, 2007
Sapiens Announces Q2 2007 Results
 
bullet August 9, 2007
Magic Software Reports Second Quarter Results
 
bullet August 9, 2007
Magic Software Appoints Two New Members to its Board of Directors
 
bullet July 30, 2007
Magic Software Signs Omega Business Solutions as its 200th SAP Business One Partner
 
bullet July 30, 2007
Magic Software Enterprises To Report Second Quarter of 2007 Results Conference Call Scheduled for Thursday, August 9th at 11:00am EDT
 
bullet July 25, 2007
Sapiens Releases Version 3.0 of Sapiens INSIGHT™ for Policy
 
bullet June 27, 2007
ACORD Compliant Reinsurance XML Project Successfully Completed
 
bullet June 26, 2007
Magic Software Subsidiary Signs Initial $1.3 Million Agreement with KLM Cargo
 
bullet June 20, 2007
Leading Industry Analyst Positions Magic Software in Visionaries Quadrant in Four Quadrant Reports on Application Infrastructure
 
bullet June 19, 2007
Sapiens Signs Agreements with Santam – A Leading South African Insurance Carrier
 
bullet June 17, 2007
Roni Giladi Appointed as Chief Financial Officer of Sapiens
 
bullet June 15, 2007
Formula Enters into Agreement to Sell its Entire Holdings in BluePhoenix Solutions Ltd. for Consideration of Over $64 Million
 
bullet June 13, 2007
Sapiens Announces Further Repayment of Debt to Israeli Institutional Investors
 
bullet June 12, 2007
Sapiens Announces Repayment of Debt to Israeli Institutional Investors
 
bullet June 11, 2007
BluePhoenix Solutions Achieves IBM Advanced PartnerWorld Designation
 
bullet June 10, 2007
Sapiens Announces Completion of $20 Million Private Placement Led by Global Institutional Investors
 
bullet May 29, 2007
Major North American Retail Chain to Significantly Reduce Operational Costs and Maintenance Fees with BluePhoenix's Value Driven Legacy Modernization
 
bullet May 28, 2007
Formula Systems Reports First Quarter Results
 
bullet May 24, 2007
Magic Software Achieves IBM Business Partner SOA Specialty Designation
 
bullet May 16, 2007
BluePhoenix Teams With Oracle on Modernization Solutions; Joins Oracle Modernization Alliance
 
bullet May 16, 2007
Leading Car Rental Firm Signs Agreement With Magic Software for the Development of its Operational Systems Using Magic’s Service-Oriented Technology
 
bullet May 16, 2007
Sapiens Announces Q1 2007 Results
 
bullet May 14, 2007
Magic Software Announces First Quarter Results
 
bullet May 9, 2007
Sapiens Releases Version 3.5 of Sapiens INSIGHT™ for Reinsurance
 
bullet May 9, 2007
BluePhoenix Solutions Announces Key Strategic Acquisition of St. Petersburg, Russia Off Shore Facility
 
bullet May 9, 2007
BluePhoenix Solutions Names Varda Sagiv as Chief Financial Officer; Iris Yahal to Serve as Executive Strategic Advisor
 
bullet May 9, 2007
Bluephoenix Solutions Reports Q1 Record Revenues of $20 Million & $2 Million Non-GAAP Net Income
 
bullet May 2, 2007
BluePhoenix Provides Toyota with Significant Value-Driven Solutions: Better Technology for Vehicle Pricing and Greater Ordering Flexibility for Customers
 
bullet May 1, 2007
Leading Medical Center Chooses Magic Software’s iBOLT for Major Integration Project with SAP-based Information System
 
bullet May 1, 2007
BluePhoenix Solutions Announces First Quarter Results on May 9th, 2007 and Hosts a Conference Call
 
bullet April 18, 2007
Leading Financial Services Firm Increases Operational Efficiency and Cuts Costs of Multi-platform Environment with BluePhoenix's Legacy Modernization
 
bullet April 17, 2007
Magic Software Introduces iBOLT Special Edition for SAP R/3
 
bullet March 20, 2007
Magic Software Appoints Eitan Naor as President & CEO
 
bullet March 19, 2007
Volvofinans Selects BluePhoenix Value-Driven Modernization Solution to Accelerate Delivery of Credit Card Application Features for Customers, Reduce TCO by 40%
 
bullet March 19, 2007
Formula Systems Reports Fourth Quarter and Fiscal Year 2006 Results
 
bullet March 6, 2007
BluePhoenix Announces Successful Completion of Strategic Legacy Modernization Project for Leading European Insurance and Banking Organization
 
bullet March 1, 2007
Sapiens Announces Q4 2006 and Year-end Results
 
bullet Febuary 26, 2007
Magic Software Returns to Profitability Reports Results for Fourth Quarter and Fiscal Year 2006
 
bullet Febuary 20, 2007
Magic Software Named a "Strong Performer in Integration-Centric BPM Market" by Independent Research Firm
 
bullet Febuary 20, 2007
BluePhoenix Reports Impressive Results for Danish Commerce Agency Platform Migration Project
 
bullet Febuary 14, 2007
Magic Software Introduces Three Editions of eDeveloper Product Targeting Different Developer Needs
 
bullet Febuary 12, 2007
BluePhoenix Solutions Reports Record Fourth Quarter and Fiscal Year 2006 Results
 
bullet Febuary 6, 2007
Rami Doron Appointed as Chief Operating Officer of Sapiens
 
bullet Febuary 5, 2007
BluePhoenix Solutions Announces Fourth Quarter and Year End Results on February 12th, 2007 and Hosts a Conference Call
 
bullet January 31, 2007
BluePhoenix Selected for Major Platform Migration Project for Scandinavian Distributor GDC A/S;
 
bullet January 30, 2007
Magic Software Strengthens Board of Directors with New Appointments
 
bullet January 24, 2007
Magic Software Wins SAP's Quality Excellence Award for iBOLT Special Edition for SAP® Business One
 
bullet January 4, 2007
Sapiens Reports Changes in Board of Directors
 

Bullet 2006 Press Releases
Bullet 2005 Press Releases
Bullet 2004 Press Releases
2003 Press Releases
2002 Press Releases
2001 Press Releases
2000 Press Releases
1999 Press Releases

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