[EarningsCentral]

[whytestocks]

News: $SPNS Sapiens Announces a Cash Dividend of $0.22 Per Share and $11 Million in Total

HOLON, Israel , Aug. 5, 2019 /PRNewswire/ -- Sapiens International Corporation NV (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that its board of directors has approved the payment of a cash dividend of ...

Got this from Sapiens Announces a Cash Dividend of $0.22 Per Share and $11 Million in Total

[whytestocks]

News: $SPNS Sapiens Reports Second Quarter 2019 Financial Results

HOLON, Israel , Aug. 5, 2019 /PRNewswire/ --  Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and a member of the Formula Group (NASDAQ: FORTY) (TASE: FORT), today announced its fina...

Read the whole news Sapiens Reports Second Quarter 2019 Financial Results

[stocktrademan]

$SPNS recent news/filings

bullish 10.95
hidden bullish divergence

## source: finance.yahoo.com

Mon, 23 Nov 2015 10:07:00 GMT ~ Top Tier U.S. Insurer Selects Sapiens DECISION for Its Retirement and Investment Services Group

[PR Newswire] - Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the financial services sector, today announced that a top tier U.S. insurer has selected the Sapiens DECISION business decision management solution to centralize business logic for process optimization and the creation of new market opportunities. Sapiens DECISION will be implemented by the Retirement and Investment Services group, starting with the Annuity Management and Accumulation departments. The combination of the longstanding relationship between the companies and the group's previous adoption of The Decision Model (TDM) methodology as its standard, made the selection of Sapiens DECISION a logical choice.

read full: http://finance.yahoo.com/news/top-tier-u-insurer-selects-100700115.html
*********************************************************

Mon, 16 Nov 2015 09:31:00 GMT ~ Medical Protection Society (MPS) Selects Sapiens' P&C Insurance Software Suite

[PR Newswire] - Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, announced today that the Medical Protection Society (MPS) - the world's leading protection organization for doctors, dentists and healthcare professionals - has selected the Sapiens IDIT software suite as its new membership system. Due to Sapiens IDIT's extensive capabilities, including its support of international operations, MPS will be able to easily adopt the IDIT system rather than adapting it to their functional needs and workflow preferences, resulting in shorter implementation time and an overall lower cost of ownership.

read full: http://finance.yahoo.com/news/medical-protection-society-mps-selects-093100795.html
*********************************************************

Thu, 05 Nov 2015 15:57:39 GMT ~ Sapiens International Corp. NV breached its 50 day moving average in a Bearish Manner : November 5, 2015


read full: http://www.capitalcube.com/blog/index.php/sapiens-international-corp-nv-breached-its-50-day-moving-average-in-a-bearish-manner-november-5-2015/
*********************************************************

Wed, 04 Nov 2015 21:19:10 GMT ~ Edited Transcript of SPNS earnings conference call or presentation 4-Nov-15 2:30pm GMT


read full: http://finance.yahoo.com/news/edited-transcript-spns-earnings-conference-211910853.html
*********************************************************

Wed, 04 Nov 2015 12:07:02 GMT ~ Q3 2015 Sapiens International Corporation NV Earnings Release - Time Not Supplied


read full: http://biz.yahoo.com/research/earncal/20151104.html?t=spns
*********************************************************

$SPNS charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$SPNS company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SPNS/company-info
Ticker: $SPNS
OTC Market Place: Not Available
CIK code: 0000885740
Company name: Sapiens International Corp. N.V.
Company website: http://www.sapiens.com
Incorporated In: Israel

$SPNS share structure

## source: otcmarkets.com

Market Value: $514,459,766 a/o Nov 23, 2015
Shares Outstanding: 47,679,311 a/o Dec 31, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

$SPNS extra dd links

Company name: Sapiens International Corp. N.V.
Company website: http://www.sapiens.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SPNS+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SPNS+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SPNS+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SPNS/news - http://finance.yahoo.com/q/h?s=SPNS+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SPNS/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SPNS/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SPNS+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SPNS
DTCC (dtcc.com): http://search2.dtcc.com/?q=Sapiens+International+Corp.+N.V.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Sapiens+International+Corp.+N.V.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Sapiens+International+Corp.+N.V.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.sapiens.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.sapiens.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.sapiens.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SPNS
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000885740&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SPNS/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SPNS/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SPNS&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SPNS
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SPNS/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SPNS+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SPNS+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SPNS
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SPNS
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SPNS+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SPNS/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SPNS+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SPNS.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SPNS
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SPNS/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SPNS/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SPNS
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SPNS
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SPNS:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SPNS
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SPNS



$SPNS DD Notes ~ http://www.ddnotesmaker.com/SPNS

[Trueheart]

$6.66 close for the record.

Trueheart

[Penny Roger$]

~ Wednesday! $SPNS ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $SPNS ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=SPNS&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=SPNS&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=SPNS
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SPNS#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SPNS+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SPNS
Finviz: http://finviz.com/quote.ashx?t=SPNS
~ BusyStock: http://busystock.com/i.php?s=SPNS&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=SPNS >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[10 bagger]

SPNS.. $2.48..

Sapiens International Corp. NV
Rabin Science Park
Rehovot, 76326
Israel - Map
Phone: [phone]
Fax: [phone]
Website: http://www.sapiens.com

Full Time Employees: 295

Business Summary
Sapiens International Corporation N.V. provides information technology (IT) solutions for the insurance industry. It primarily offers Sapiens INSIGHT, a suite of modular business software solutions for the property and casualty, life insurance, and pension markets. The company provides solutions for property and casualty, policy administration, billing and collections, claim handling, reinsurance, life and pensions, and underwriting, as well as for life and pension insurance companies seeking ways to reduce the cost of maintaining closed books of business. Its solutions are built on Sapiens eMerge, which is an enterprise-scale transaction engine that facilitates business process integrity, application scalability, and performance. The company also provides IT services in various areas, including project management, application development/enhancements, application platform porting services, and general technical assistance. In addition, it serves multi-year outsourcing contracts involving mission-critical systems. The company sells its products and services to insurance companies, banks, government, and manufacturing companies through direct sales force, relationships with system integrators, and distributors, as well as through marketing alliances with IT solutions providers. It primarily offers its products and services in North America, Europe, Israel, and Japan. Sapiens International Corporation N.V. was founded in 1982 and is headquartered in Rehovot, Israel.

[10 bagger]

SPNS.. @$2.50 Earnings..

Sapiens Announces Growth in Revenue and Net Profits for Q3 2010

PR Newswire - Nov 08 at 02:31

Company Symbols: NASDAQ-SMALL:SPNS, NASDAQ-NMS:FORTY

Company Announces 45% Increase in Net Profits Compared to Q3 2009


CARY, North Carolina, November 8, 2010 /PRNewswire-FirstCall/ -- Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS), a global provider of innovative software solutions for the insurance industry and a member of the Formula Group (NASDAQ: FORTY and TASE: FORT), today announced its results for the third quarter of 2010.

(Logo: http://www.newscom.com/cgi-bin/prnh/20100811/HS49090LOGO )

Financial Highlights for the Third Quarter and Year to Date Results as of September 30, 2010

- Revenues for the third quarter of 2010 reached $13.1 million.
Revenues for the first 9 months of 2010 reached $37.6 million, 11%
growth compared to first 9 months of 2009

- Operating profit for the third quarter of 2010 reached $1.6 million.
Operating profit for the first 9 months of 2010 reached $4.8 million,
25% growth compared to first 9 months of 2009

- On a non-GAAP basis, net income for the third quarter of 2010 reached
$1.9 million. On a non-GAAP basis, net income for the first 9 months of
2010 reached $5.5 million, 57% growth compared to first 9 months of
2009.


For the third quarter ended September 30, 2010, total revenues were $13.1 million, with net income of $1.5 million, representing 11% of the revenue, or $0.07 per fully diluted share. This compares with revenues of $12.95 million and net income of $1.0 million, representing 8% of the revenue, or $0.05 per fully diluted share, for the same period in 2009.

On a Non GAAP basis, total net income was $1.9 million for the third quarter, or $0.08 per fully diluted share, a significant increase compared to $1.2 million or 0.06 per fully diluted share for the same period in 2009.

For the nine-month period ended September 30, 2010, total revenues were $37.6 million, with net income of $4.4 million, or $0.20 per fully diluted share. This compares with revenues of $33.9 million and net income of $2.9 million, or $0.14 per fully diluted share, for the same period in 2009.

Total cash and cash equivalents as of September 30, 2010 totaled $12.3 million, increased by $1.9 million during the quarter. Total shareholders&; equity reached $32.5 million which represents 61% of the total balance sheet.

Roni Al-Dor, President and CEO of Sapiens International Corporation commented, "We&;re happy to announce a 16th consecutive quarter of operational profit. We experienced positive global momentum across the board, in both product lines and territories. We have extended our sales and marketing teams in North America and Europe, and continued R&D investments to maintain our innovation leadership. At all times, we remain dedicated to maintain top line growth for bottom line profits."

Mr. Al-Dor continued, "The strategic decision to strengthen our portfolio with the acquisition of Harcase and integration of the RapidSure Policy Administration product has proven to be a successful move. We have recently announced the going live of one of our major clients, Philadelphia Insurance companies that successfully deployed 5 lines of business in just 6 months. We will continue to lead by innovation, and grow our business organically and non-organically."

Reconciliation between U.S. GAAP and Non-GAAP results is summarized in the following table. For a complete reconciliation, please refer to the tables at the end of this release.

U.S. Dollars in thousands, except per share amounts

For the three months ended For the nine months ended
U.S GAAP basis 09/30/2010 09/30/2009 09/30/2010 09/30/2009
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
Revenues 13,148 12,951 37,568 33,928
Operating profit 1,592 1,489 4,773 3,829
Net income 1,505 1,035 4,446 2,939
Basic earnings per share 0.07 0.05 0.20 0.14
Diluted earnings per share 0.07 0.05 0.20 0.14

NonGAAP
Revenues 13,148 12,951 37,568 33,928
Operating profit 2,038 1,680 5,898 4,413
Net income 1,931 1,226 5,536 3,523
Basic earnings per share 0.09 0.06 0.25 0.16
Diluted earnings per share 0.08 0.06 0.25 0.16


U.S. GAAP results include amortization of capitalized software developments, capitalization of software development costs, and stock-based compensation expenses.

Comment Regarding Non-GAAP

Sapiens&; management believes that the presentation of non-GAAP measures can enhance the understanding of the company&;s ongoing economic performance, and provides useful information to investors regarding financial and business trends relating to the company&;s financial condition and results of operations. Sapiens therefore uses internally the non-GAAP information to evaluate and manage the Company&;s operations.

These non-GAAP financial measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies. In addition, these non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. Sapiens believes that non-GAAP financial measures have limitations in that they do not reflect all of the amounts associated with Sapiens&; results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate Sapiens&; results of operations in conjunction with the corresponding GAAP measures.

Please refer to the Reconciliation of GAAP to Non-GAAP Results at the end of this release.

About Sapiens International

Sapiens International Corporation N.V. is a leading global provider of business solutions for the insurance industry, helping modernize business processes and enabling insurance organizations to adapt quickly to change. Sapiens&; innovative solutions are widely recognized for their ability to cost-effectively align IT with the business demands for speed, flexibility and efficiency. Sapiens operates through its subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more information, please visit http://www.sapiens.com.

Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company&;s accounting policies, specific system configurations and software needs of individual customers and other risk factors detailed in the Company&;s SEC filings.

SAPIENS INTERNATIONAL CORPORATION N.V.
Condensed Consolidated Balance Sheets
(U.S. Dollars in thousands)

9/30/2010 12/31/2009
(Unaudited) (Audited)
Assets

Cash and cash equivalents $ 12,328 $ 11,172
Trade receivables, net 7,337 5,132
Other current assets 2,513 3,008
Total current assets 22,178 19,312

Property and equipment, net 962 897
Other assets, net 30,161 25,565

Total assets $ 53,301 $ 45,774

Liabilities and equity

Trade payables $ 1,086 1,197
Other liabilities and
accrued expenses 11,426 10,199
Deferred revenues 6,956 6,991
Total current liabilities 19,468 18,387

Long-term debt and other
long-term liabilities 1,360 972
Equity(*) 32,473 26,415

Total liabilities and equity $ 53,301 $ 45,774

(*) Sapiens issued and outstanding share capital as of September 30,
2010 are 22,409,050 and 22,058,256, respectively.


SAPIENS INTERNATIONAL CORPORATION N.V.
Condensed Consolidated Statements of Operations
(U.S. Dollars in thousands, except per share amounts)

For the three months ended For the nine months ended
09/30/2010 09/30/2009 09/30/2010 09/30/2009
Unaudited Unaudited Unaudited Unaudited

Revenues $ 13,148 $ 12,951 $ 37,568 $ 33,928

Cost of revenues $ 7,773 $ 7,576 $ 21,745 $ 18,762

Gross Profit 5,375 5,375 15,823 15,166

Operating expenses
Research and development,
net $ 842 $ 758 $ 2,314 $ 2,206
Selling, marketing,
general and
administrative $ 2,941 $ 3,128 $ 8,736 $ 9,131

Operating Profit 1,592 1,489 4,773 3,829

Financial expenses, net $ 35 $ 385 $ 57 $ 748
Other expenses, net $ 52 $ 69 $ 294 $ 142

Net Income $ 1,505 $ 1,035 $ 4,422 $ 2,939

Attributable to
non-controlling interest - - $ (24) $ -

Net income attributable
to Sapiens $ 1,505 $ 1,035 $ 4,446 $ 2,939

Earnings per share
Basic $ 0.07 $ 0.05 $ 0.20 $ 0.14
Diluted $ 0.07 $ 0.05 $ 0.20 $ 0.14

Weighted average number
of shares used to
computation of earnings
per share

Basic 22,058 21,591 21,862 21,591
Diluted 22,846 21,591 22,427 21,591



SAPIENS INTERNATIONAL CORPORATION N.V.
Reconciliation of GAAP to Non-GAAP results
(U.S. Dollars in thousands, except per share amounts)

For the three months ended For the year ended
09/30/2010 09/30/2009 09/30/2010 09/30/2009
(Unaudited) (Unaudited) (Unaudited) (Unaudited)

GAAP operating profit 1,592 1,489 4,773 3,829
Amortization of
intangibles assets and
compensation related
to acquisition 154 - 257 -
Amortization of capitalized
software 1,510 1,203 4,306 3,271
Capitalization of
software development (1,357) (1,067) (3,765) (2,841)
Stock-based compensation 139 55 327 154
Total adjustments to GAAP 446 191 1,125 584
Non-GAAP operating profit 2,038 1,680 5,898 4,413

GAAP net income 1,505 1,035 4,446 2,939
Total adjustments to GAAP
as above 446 191 1,125 584
Deferred taxes related
to acquisition (20) - (35) -
Non-GAAP net income 1,931 1,226 5,536 3,523

Non-GAAP basic earnings
per share 0.09 0.06 0.25 0.16

Non-GAAP diluted earnings
per share 0.08 0.06 0.25 0.16

Weighted average number
of shares used to
computation of earnings
per share
Basic 22,058 21,591 21,862 21,591

Diluted 22,846 21,591 22,427 21,591



For More Information

Roni Giladi
Chief Financial Officer
Sapiens International
Tel: [phone]
E-mail: [e-mail]

Roni Al-Dor
Chief Executive Officer
Sapiens International
Tel: [phone]
E-mail: [e-mail]


SOURCE Sapiens Technologies

[10 bagger]

SPNS.. $2.50.. DD Sept. 07, 2010

Philadelphia Insurance Companies Goes Live With Sapiens' RapidSure Policy Administration Suite

PR Newswire - Sep 07 at 02:29

Company Symbols: NASDAQ-SMALL:SPNS

Successful deployment of five lines of business, all states, and integrated with existing systems in 6 months.


CARY, N.C., Sept. 7 /PRNewswire/ -- Sapiens International Corporation N.V. (Nasdaq and TASE: SPNS), a global provider of innovative insurance software solutions, today announced that Philadelphia Insurance Companies has deployed the RapidSure Policy Administration solution for the first phase of replacing and improving their policy issuance processes and systems. Development of additional lines is already underway for the second phase of the project. RapidSure is the policy administration system built by Harcase which was recently acquired by Sapiens.

(Logo: http://photos.prnewswire.com/prnh/20100811/HS49090LOGO )

(Logo: http://www.newscom.com/cgi-bin/prnh/20100811/HS49090LOGO )

The RapidSure implementation project included deployment of 5 lines of business spanning specialty and ISO and non ISO for both commercial and personal lines of business, leveraging ACORD standards. Full integration to Philadelphia Insurance&;s current infrastructure including billing, claims, document management and accounting systems with their web portal was also delivered in this short timeframe.

&;We conducted an exhaustive market search to find the best fit solution for our needs. We found RapidSure to be the most innovative and flexible solution available in the market that also adheres to industry standards – all of which were key criteria in our selection process,&; said Alfred Goxhaj, CIO, Philadelphia Insurance Companies. &;Sapiens delivered on its commitment to meet our aggressive schedule. In just six months, we are already in production with five new lines of business, and are well on our way with our plans to rapidly expand the use of the system across additional lines.

Goxhaj continued, &;RapidSure provides us a robust product configuration engine for quick development and delivery of our products – across our commercial, personal and specialty lines, as well as a web portal delivery. This is a powerful combination of capabilities that will enable us to be an agile organization, able to respond quickly and effectively to our agent channels, business partners, and continually changing business dynamics.&;

Chad Hersh, a Principal at analyst firm Novarica, added, &;Philadelphia Insurance had an unusually aggressive deadline for a carrier of their size and a project of this breadth. That the system was implemented in just six months validates the importance of the flexibility and open standards that are hallmarks of truly modern solutions.&;

Dan Sobotincic, EVP of Sapiens North America said, &;We sincerely appreciate Philadelphia Insurance confidence in Sapiens and in our RapidSure suite for their core system needs. Both of our organizations allocated dedicated, small, agile and delivery-oriented teams that worked side by side to meet the challenging goals and timeline. We look forward to a long partnership with Philadelphia Insurance with a common focus on delivering maximum value from RapidSure to enable their continued business success and to support their planned growth.&;

About Philadelphia Insurance Companies

Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. In operation since 1962, the Company, whose commercial lines insurance subsidiaries are rated A+ (Superior) by A.M. Best Company and AA- for counterparty credit and financial strength by Standard & Poor&;s, is nationally recognized as a member of Ward&;s Top 50 and National Underwriter&;s Top 100 (for in-depth financial information, please visit our website at www.phly.com). The organization has 48 offices strategically located across the United States to provide superior service.

Philadelphia Insurance Companies is the marketing name for the property casualty insurance operations of Philadelphia Consolidated Holding Corp., a Member of the Tokio Marine Group. In the United States, all products are written by insurance company subsidiaries of Philadelphia Consolidated Holding Corp. Coverage may not be available in all jurisdictions and is subject to actual policy language. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Non-insurance products and services may be provided by independent third parties.

To locate the office nearest you or for more information, visit us on the web at www.phly.com or contact our marketing department at 800-873-4552

About Sapiens International

Sapiens International Corporation N.V. is a leading global provider of business solutions for the insurance industry. Sapiens is dedicated to developing innovative insurance solutions for the ever-changing Property & Casualty, Reinsurance, and Life & Pension business environments. By leveraging innovative technology, open standards and model driven architecture, we help insurers create their competitive advantage. Sapiens operates through its subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more information, please visit www.sapiens.com, or contact us at [e-mail].

Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company&;s accounting policies, specific system configurations and software needs of individual customers and other risk factors detailed in the Company&;s SEC filings.

Media Contact:

Osnat Segev-Harel, CMO, [e-mail], [phone]

SOURCE Sapiens International Corporation N.V.

[10 bagger]

SPNS.. $2.50.. DD July 29, 2010
Sapiens Receives Claim Submitted to Arbitration Court in Poland

PR Newswire - Jul 29 at 15:32

Company Symbols: NASDAQ-SMALL:SPNS, NASDAQ-NMS:FORTY, LSE:BLZ


CARY, North Carolina, July 29, 2010 /PRNewswire-FirstCall/ -- Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS) ("Sapiens" or "Company"), a member of the Formula (NASDAQ: FORTY and TASE: FORT) Group, today announced that one of its subsidiaries has received a claim submitted to the arbitration court in Warsaw, Poland, from a former customer in Poland claiming an amount of approximately EUR3.4 million. The claim relates to a dispute regarding a project for such former customer more than two years ago. Sapiens is at a very preliminary stage of reviewing the claim.

About Sapiens International

Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS), a member of Formula Group (NASDAQ: FORTY and TASE: FORT), which is a member of the Emblaze Group (LSE: BLZ.L) is a leading global provider of proven IT solutions that modernize business processes. Sapiens&; innovative solutions are widely recognized for their ability to cost-effectively align IT with the business demands for speed, flexibility and efficiency. Sapiens operates through its subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific, and has partnerships with market leaders such as IBM. Sapiens&; clients include AXA, ING, Liverpool Victoria, Menora Mivtachim, Norwich Union, Occidental Fire & Casualty, OneBeacon, Principal Financial Group, Santam and Texas Farm Bureau among others. For more information please visit, http://www.sapiens.com

Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company&;s accounting policies, specific system configurations and software needs of individual customers and other risk factors detailed in the Company&;s SEC filings.

For additional information:

Roni Giladi
Chief Financial Officer
Sapiens International
Tel: [phone]
E-mail: [e-mail]

Roni Al-Dor
Chief Executive Officer
Sapiens International
Tel: [phone]
E-mail: [e-mail]



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SPNS.. $2.48

Sapiens' Stated Focus on the Insurance Market and Recent Harcase Acquisition Prompt New Corporate ID

Business Wire - May 24 at 09:00

Company Symbols: NASDAQ-SMALL:SPNS, TelAviv:SPNS


Restructured corporate branding includes new tagline, logo, website, and collaterals

CARY, N.C.--(BUSINESS WIRE)-- Sapiens International Corporation N.V. (NASDAQ:SPNS) (TASE:SPNS), a global provider of insurance software solutions, today announced its new corporate brand to reflect the company's evolution and renewed focus on the insurance market. The fresh branding includes a new logo, redesigned website and collateral, and the company's new tagline Experience Innovation Insurance which emphasizes Sapiens' insurance industry focus.

The new corporate identity is a logical next step following the recent acquisition of Harcase/Octello, a provider of P&C policy administration solutions, coupled with the expansion of Sapiens' presence in the U.S. market. The recent initiatives support Sapiens' strategy to become a vendor of choice in the U.S. insurance market, while also expanding the company's global insurance market presence.

Over the past years Sapiens has gone through reorganization and restructuring efforts in order to successfully deliver on the company's new insurance industry vision. Leveraging past insurance successes, acquiring Harcase's innovative RapidSure policy administration suite, continued investment in product development and building a market driven operation will enable Sapiens to meet its business goals.

"We are proud to introduce the new Sapiens look and feel. The fresh identity is a visual representation of our further commitment to the insurance industry. Our tagline, Experience Insurance Innovation, was chosen to represent the three key themes of our market and product strategy," said Roni Al-Dor, President and CEO of Sapiens. "The innovative approach to insurance solutions, supported by our insurance domain and delivery expertise, is the cornerstone of our strategy. We look forward to sharing our new client success stories and new product development deliverables in the near future."

About Sapiens International

Sapiens International Corporation N.V. is a leading global provider of business solutions for the insurance industry, helping modernize business processes and enabling insurance organizations to adapt quickly to change. Sapiens' innovative insurance software solutions are widely recognized for their ability to cost-effectively align IT with the business demands for speed, flexibility and efficiency. Sapiens operates through its subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. Sapiens International Corporation N.V. is publicly traded in NASDAQ and TASE under the symbol SPNS. For more information, please visit http://www.sapiens.com.

Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company's accounting policies, specific system configurations and software needs of individual customers and other risk factors detailed in the Company's SEC filings.




Source: Sapiens International Corporation N.V.