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Technology Stocks : MAGIC SOFTWARE-MGIC

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To: Harold Burgeson who wrote (99)10/21/1999 10:27:00 PM
From: Richard Tsang  Read Replies (1) of 219
 
Magic will announce on Oct 27 and CC on the following morning.

magic-sw.com

IRVINE, CA (October 18, 1999) ? Magic Software Enterprises (NASDAQ: MGIC)
announced today that it will release third quarter earnings on Wednesday, October 27,
1999. The Company will hold an earnings conference call on Thursday, October 28, 1999,
at 11:00 a.m. EST (8:00 a.m. PST), to discuss the financial results. To participate in the
conference call, interested parties should call the appropriate number listed below five to
ten minutes prior to the start of the call:

Domestic: (800) 230-1085

International: (612) 332-0228

Callers should reference "Magic Software Q3 Earnings Conference Call" with the AT&T
Operator.

Investors also will have the opportunity to listen to the conference call over the Internet
through Vcall, a service of the Investor Broadcast Network, at vcall.com. To
listen to the "live" call, investors should go to the website at least fifteen minutes early to
register, and download and install any necessary audio software. For those who cannot
listen to the live broadcast, a replay of the conference call will be available for up to 90
days on the Vcall website.

In addition, a transcript of the call will be available on the Magic website in the
approximately 48 hours following the end of the call.

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.

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