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Magic Software Enterprises Ltd. — Regulatory Filings 2009
Oct 14, 2009
6900_rns_2009-10-14_6b1df20e-f390-4977-ab5c-44eab41869d6.pdf
Regulatory Filings
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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 Under The Securities Exchange Act of 1934
For the month of October, 2009
Commission File Number: 0-19415
MAGIC SOFTWARE ENTERPRISES LTD.
(Translation of Registrant’s Name into English)
5 HaPlada Street, Or-Yehuda, Israel 60218
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:
Form 20-F �Form 40-F �
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by RegulationS-T Rule 101(b)(1): N/A
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by RegulationS-T Rule 101(b)(7): N/A
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes �No �
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g32(b): 82- N/A
CONTENTS
This report on Form 6-K of MAGIC SOFTWARE ENTERPRISES Ltd. consists of the following documents, which are attached hereto and incorporated by reference herein: 1.Bank Leumi Successfully Migrates 60 Banking Applications to Magic Software’s uniPaaS Platform
PRESS RELEASE
Bank Leumi Successfully Migrates 60 Banking Applications to Magic Software’s uniPaaS Platform
Or-Yehuda, Israel, October 14, 2009 – Magic Software Enterprises Ltd. (NASDAQ: MGIC), a global provider of application platforms and business and process integration solutions, today announced that it has successfully migrated 60 applications to uniPaaS for Bank Leumi, Israel’s leading commercial bank with 317 branches, representation in 21 countries and approximately $84 billion in assets. The migration was carried out in a short time using automatic migration tools that did not require the use of hard-coding.
The project was undertaken in partnership with Kopel Reem, a Magic Software Partner and is now in the final stages of completion.
“To migrate sixty applications in a bank of this size is not an easy process,” says Yitschak Malach, head of operations and senior vice president for Bank Leumi. “Magic Software’s technologies, having proven themselves over many years of successful operation in our organization, gave us the confidence to update our legacy Magic systems to the new uniPaaS platform. The migrations were performed with relative ease and have given us the ability to provide new capabilities to our users at a significantly lower cost compared to other migration projects of this size.”
The migration to the uniPaaS application platform will enable Bank Leumi to develop and deploy advanced banking software and gives them the option to easily add on rich internet technologies. Rich Internet Applications (RIA) combines the enhanced functionality and user experience of locally installed software with the cost-effectiveness and accessibility of the web.
The migration also allows Bank Leumi to improve their application and data security. uniPaaS applications are browser free and have a proprietary and fully secured message format between the Server and Client that allows organizations to better protect their mission-critical business processes.
According to Yoram Aharon, CEO for Magic Software Israel, “Since the release of uniPaaS nearly a year ago, many Israeli businesses have upgraded their older Magic Software platforms to the latest uniPaaS model. Bank Leumi, an important long-term customer for us, identified early on the advantages that uniPaaS conveys compared to their existing platform version, and how these advantages can be achieved without having to re-write the bank’s existing business logic. Along with these advantages, Bank Leumi now has full data protection that’s so important to banking and financial institutions of this size.”
Yuval Lavi, Co-CEO of Kopel Reem, added: “The use of automatic migration tools allows the customer and the vendor to achieve their application migrations on-budget, on-time and according to the quality demands of their business. The use of an automatic migration tools shortens the delivery process, makes prototyping easier to execute and improves the overall quality of the final application.”
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uniPaaS Application Platform Resources
uniPaaS is an application platform enabling Enterprises and Independent Software Vendors (ISVs) to deliver business applications that minimize project risk and associated costs. It also enables organizations to deploy business applications, from the same code-base, in any mode including Full Client, Rich Internet Applications (RIA), mobile and Software-as-a-Service (SaaS).
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White Paper: ‘The 5 New Essentials for Building Business Applications’
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White Paper: ‘Building a User Interface to Deliver Optimal User Experience’
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White Paper: ‘Overcoming RIA Development and Deployment Challenges with End-to-End Application Platforms’
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Call Magic Software Direct, http://www.magicsoftware.com/255-en/Magic.aspx
About Magic Software
Magic Software Enterprises Ltd. (NASDAQ: MGIC) is a global provider of multiple-mode application platform solutions – including Full Client, Rich Internet Applications (RIA), Mobile or Software-as-aService (SaaS) modes - and business and process integration solutions. Magic Software has offices in 10 countries and a presence in over 50, as well as a global network of ISV’s, system integrators, valueadded distributors and resellers, and consulting and OEM partners. The company’s award-winning codefree solutions give partners and customers the power to leverage existing IT resources, enhance business agility and focus on core business priorities. Magic Software’s technological approach, product roadmap and corporate strategy are recognized by leading industry analysts. Magic Software has partnerships with global IT leaders including SAP AG, salesforce.com, IBM and Oracle. For more information about Magic Software and its products and services, visit www.magicsoftware.com, and for more about our industry related news, business issues and trends, read the Magic Software Blog.
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 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.
Magic is the trademark of Magic Software Enterprises Ltd. All other trademarks are the trademarks of their respective owners.
Press contacts:
USA Cathy Caldeira Metis Communications Tel: +1-617-236-0500 Email: [email protected]
UK Ranbir Sahota Vitis PR Agency Tel: +44 (0)121 242 8048 Email: [email protected]
Others
Arita Mattsoff Magic Software Tel. +972 (0)3 538 9292 Email: [email protected]
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: October 14, 2009 Magic Software Enterprises Ltd
By: /s/ Amit Birk
—————————————— Amit Birk VP, General Counsel
EXHIBIT INDEX
Exhibit Number Description of Exhibit
10.1 Bank Leumi Successfully Migrates 60 Banking Applications to Magic Software’s uniPaaS Platform