Formula Systems (FORTY)

[midastouch017]

Visa Cal Implements SOA with Magic Software's iBOLT
8/18/2005 7:02:24 AM

OR YEHUDA, Israel, Aug 18, 2005 /PRNewswire-FirstCall via COMTEX/ -- Magic Software Enterprises Ltd. (MGIC), a leading provider of state-of-the-art business integration and development technology, announced today that Visa Cal -- one of the leading Israeli Visa Credit Card Operators -- has completed the implementation of Magic's iBOLT Business Integration platform. Cal is expected to expand the project in the near future.

Using iBOLT, Cal has implemented the infrastructure that links applications in heterogeneous environments, deploying their Service Oriented Architecture (SOA) throughout the organization.

In the project's initial stage, Magic Israel's professional services built the infrastructure for implementing SOA using iBOLT, and then transferred the knowledge to Cal's integration team. Cal's team currently performs the necessary system maintenance and is planning to develop additional processes.

Gil Yam, Vice President and head of Cal's Operation and Information System division said, "iBOLT helps Cal with the necessary infrastructure while providing a comprehensive solution platform to the Company's diverse needs."

"Cal's choice of iBOLT is another example of an Israeli economy leader that has placed their trust in Magic's development and integration platforms. The stability and the scope of the solution, combined with iBOLT's excellent capabilities of integrating heterogeneous environments such as Cal's, allows the company to build a flexible, efficient solution for inter-system functionality," said Udi Ertel, General Manager of Magic Israel, the Israeli subsidiary of Magic Software Enterprises. "Magic is happy to extend our collaboration with a long standing business partner and customer such as Visa Cal."

About Magic Software Enterprises

Magic Software Enterprises, a subsidiary of Formula Systems (FORTY), develops, markets and supports software development, deployment and integration technology that enables enterprises to accelerate the process of building and deploying applications that can be rapidly customized and integrated with existing systems. Magic technology, applications and professional services are available through a global network of subsidiaries, distributors and Magic solutions partners in approximately 50 countries. The Company's corporate offices are located at 5 Haplada St., Or Yehuda, Israel [phone]. The Company's EMEA HQ offices are located in the Netherlands, Pelmolen 17 3994XX Houten, 0031-30.6566266. The Company's North American headquarters is located at 23046 Avenida de la Carlota, Laguna Hills, CA 926653, telephone [phone], http://www.magicsoftware.com/.

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