Butler Group Serves-up Magic EAI Report; Magic iBOLT -- More Rapid Deployment Than Some Large-Scale Integration Tools.OR YEHUDA Or Yehuda (אור יהודה) is a city in the Tel Aviv District in Israel. According to the Israel Central Bureau of Statistics (CBS), at the end of 2004 the city had a total population of 30,100. , 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. -- Magic Software Enterprises (Nasdaq:MGIC MGIC Mortgage Guaranty Insurance Company MGIC Montana Geographic Information Council ), a leading provider of state-of-the-art development and integration technology, announced today that a recent Technology Audit report on Enterprise Application Integration (EAI (Enterprise Application Integration) Refers to various techniques used to share data and business processes in large enterprises. When companies acquire another organization, disparate information systems have to be made to work together. ) from Butler Group concludes that 'organizations needing to rapidly integrate a diverse range of applications should seriously consider Magic Software's iBOLT suite, particularly where rapid return on investment and fast project delivery are critical.' According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Butler Group, one of the drawbacks with EAI tools has been that they are too expensive, and therefore they do not get used. It seems that the major cost of an integration project is frequently in the development cycle and not necessarily in the initial software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. . In the report, Teresa Jones, Senior Research Analyst at Butler Group writes, "Where iBOLT delivers value is principally in its affordability in comparison to many of the better-known EAI products ... Magic's iBOLT also enables significantly more rapid deployment than some of the large-scale integration tools and offers a high degree of scalability." Avigdor Luttinger, Head of the iBOLT program at Magic comments, "Since its launch, Magic iBOLT has gone from strength to strength winning business in competitive pitches over a wide range of different industries. This report further validates the feedback we receive from customers that Magic iBOLT offers a rapid return on investment through faster integration and ease of deployment." The full report can be accessed at http://www.magicsoftware.com/news/industry. About Magic Software Enterprises Magic Software Enterprises, a subsidiary of Formula Systems (Nasdaq:FORTY), develops, markets and supports software development, deployment and integration technology (www.magicsoftware.com/ibolt) 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 (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. are available through a global network of subsidiaries, distributors and Magic solutions partners in approximately 50 countries. The Company's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. subsidiary is located at 17310 Redhill Avenue #270, Irvine, CA 92614-5637, telephone 800-345-6244, 949-250-1718, fax 949-250-7404, http://www.magicsoftware.com/. Except for the historical information contained herein, the matters discussed in this news release include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. |
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