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Technology Stocks : MAGIC SOFTWARE-MGIC

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To: paper man who wrote (91)9/17/1999 9:21:00 AM
From: 2MAR$  Read Replies (1) of 219
 
(BSNS WIRE) Magic Software Announces Release of Magic for Linux Enterpri
Magic Software Announces Release of Magic for Linux Enterprise Server V.8.3;
New Version Runs on Red Hat Linux 6.0


Business Editors/High-Tech Writers

IRVINE, Calif.--(BUSINESS WIRE)--Sept. 17, 1999--Magic Software
Enterprises (NASDAQ: MGIC) announced today release of Magic for Linux
Enterprise Server v.8.3 for the Linux operating system. This newest
server version of Magic for Linux, which runs on the latest commercial
distribution of Red Hat, Inc. (NASDAQ: RHAT), enables developers
working on other platforms to quickly and seamlessly port existing
e-commerce and other business solutions to the operating system. Magic
plans to begin shipping Magic Enterprise Server v.8.3, which will be
offered initially at a special price of $2,500, at the beginning of
October.
Magic Enterprise Server v.8.3 runs natively on the Linux
operating system and supports distributed processing, application
partitioning and Web deployment. Its unique brokering technology
allows for load balancing and parallel processing across multiple
systems. This feature is particularly important for e-commerce
solutions, which often must be scaled up quickly from dozens of users
to tens of thousands or more users. Magic Enterprise Server v.8.3 runs
on Red Hat Linux 6.0, the latest release from Red Hat, Inc., the
market leader in commercial distribution of the Linux operating
system.
"Magic for Linux Enterprise Server v.8.3 is just the next step in
Magic's continuing commitment to the Linux operating system," said
Jack Dunietz, Chief Executive Officer of Magic. "Because Linux is such
a reliable Internet operating system, we expect developers will take
advantage of this offering to port their e-commerce and other
enterprise-level solutions to the platform to enjoy all of the
benefits of a scalable Web-enabled environment."
Magic, which became a member of the Board of Directors of Linux
International in the first quarter of this year, has been increasingly
active in the Linux community. In March, it introduced its initial,
limited edition Magic for Linux product, which has been distributed
free to thousands of developers through trade shows and directly
through download from the Magic website, magic-sw.com. More
recently, at the LinuxWorld Expo in San Jose, Magic announced that its
award-winning business-to-business e-commerce solution, Magic
eMerchant, had been ported to the Linux platform and was available for
sale at a highly competitive price.

About Magic Software

Magic Software Enterprises offers the most productive,
state-of-the-art development technology, customizable applications,
and services for cost-effectively solving business problems. Using
Magic, companies can efficiently leverage their existing resources and
take advantage of emerging technologies, such as Linux and e-commerce.
Magic technology, applications and services are available through
a global network of subsidiaries, distributors and solutions partners
in more than 50 countries. The company is located at 1642 Kaiser
Avenue, Irvine, Calif., 92614, telephone (949) 250-1718, fax (949)
250-7404, magic-sw.com

Except for the historical information contained herein, the
matters discussed in this news release include forward-looking
statements that may involve a number of risks and uncertainties.
Actual results may vary significantly based upon a number of factors
including, but not limited to, risks in product and technology
development, market acceptance of new products and continuing product
demand, the impact of competitive products and pricing, changing
economic conditions, both here and abroad, release and sales of new
products by strategic resellers and customers, and other risk factors
detailed in the Company's most recent annual report and other filings
with the Securities and Exchange Commission.

--30--alx/sf*

CONTACT: Magic Software Enterprises, Inc.
Katharine Hanley, 949/250-1718 ext. 220
khanley@magic-sw.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS PRODUCT

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