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Technology Stocks : MAGIC SOFTWARE-MGIC

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To: ms.smartest.person who wrote (209)1/23/2003 9:00:56 AM
From: Dorine Essey  Read Replies (1) of 219
 
I recieved this email this morning :

Magic Software Announces Investment and Partnership Agreement With Enformia Ltd To Enhance Product Offering

Enformia EIP Technology To Be Integrated as Part Of New iBOLT EAI Offering According to the Forrester Research group, employees spend an average of 25 percent of their time looking for information. By integrating systems with
information resources, a portal can significantly reduce the amount of time it takes to locate information.

Work has already commenced to integrate the Enformia EIP as the iBOLT Portal Server, in the new iBOLT Integration family of products that Magic Software has recently announced. The iBOLT Portal Server will enable
corporations to deliver customized information and applications to a wide range of users - customers, employees, partners and suppliers - using an
architecturally superior approach to provide improved customer service and retention, enhanced communication and increased productivity.

?We see an excellent fit between our new iBOLT Integration product line and the Enformia EIP,? said Menachem Hasfari, CEO of Magic Software. ?While solutions for Enterprise Application Information (EAI) streamlines the
speed and efficiency of business transactions, portal technology delivers a consolidated communication interface to users. Combined, these technologies can provide exponential gains in productivity, reduced cost of ownership of existing IT investments, better competitive and market intelligence, and decreased time to market.?
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