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BluePhoenix Solutions -- Nasdaq:BPHX -- Announces First Quarter Results on May 9th, 2005 and Hosts a Conference Call.


HERZLIYA Herzliya or Herzlia (hĕrtslē`ə), town (1994 pop. 83,800), central Israel, near the Mediterranean Sea. It is a resort with fine beaches, as well as an important electronics center. , Israel Israel, in the Bible
Israel (ĭz`rēəl, ĭz`rāəl) [as understood by Hebrews,=he strives with God], according to the book of Genesis, name given to Jacob as eponymous ancestor of the Hebrews, the chosen people of God.
 -- BluePhoenix Solutions (Nasdaq:BPHX) will report its First Quarter results on Monday, May 9th, 2005 before the market opening and host a conference call at 10:00 A.M. Eastern Standard Time.

BluePhoenix Solutions is a global provider of leading software products and tools for the modernization modernization

Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family,
 of existing legacy applications.

Conference Call Details:

Arik Kilman, Chief Executive Officer, and Iris Yahal, Chief Financial Officer will discuss the First Quarter results and will be available to answer questions.

The conference call will be held on

Monday, May 9th, 2005 at 10:00 A.M.(EST EST electroshock therapy.

EST
abbr.
electroshock therapy
).

Interested parties are welcome to call the telephone numbers listed below, five to ten minutes prior to the start of the conference call.

In the US call: 877-209-0397

Outside the US call: (1) 612-332-1025

Callers should reference "BluePhoenix Solutions First Quarter Results 2005" to the AT&T conference call operator.

An automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 replay of the conference call will be available from May 9th 01:30 P.M. until May 11th at 11:59 P.M. (EST)

To access the replay please call (USA) 800-475-6701 (International) (1) 320-365-3844 and enter BluePhoenix Solution's access code of 781023.

About BluePhoenix Solutions

BluePhoenix Solutions leads the IT Modernization market by developing unique solutions that enable companies to automate To turn a set of manual steps into an operation that goes by itself. See automation.  the process of modernizing and upgrading their mainframe and distributed IT infrastructure, thus quickly and cost-effectively extending the ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  of their existing IT systems. The company's comprehensive suite of tools and services (including technology for Understanding, Migration, Transformation and Redevelopment) reduces the cost of renovation and speeds up the renewal process. BluePhoenix has 12 offices throughout the world, including locations in the US, UK, Denmark, Germany, Italy, The Netherlands, Australia and Israel. The company's major shareholder is Formula Systems (Nasdaq:FORTY), an international Information Technology company principally engaged in providing software products, solutions, and services in various vertical markets.

For more information, please visit our web site at www.bphx.com.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 3, 2005
Words:322
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