TO: News Media -
Magic Software Signs Omega Business Solutions
as its 200th SAP Business One Partner
Magic Software reaches a new milestone in extending the value proposition and scope of the offering of SAP Business One to small and medium-sized businesses through its SAP Business Partner Program
OR YEHUDA, ISRAEL; July 30, 2007 -- Magic Software Enterprises Ltd. (Nasdaq: MGIC), announced today at the SAP Summer Sales Meeting in Washington, D.C., that it has signed Omega Business Solutions as its 200th SAP Business One® business partner.
Magic Software, which recruited its first SAP business partner in December 2004, has quickly increased the size of its network of SAP business partners across 27 countries around the world. Through Magic’s strategic partnership with SAP, Magic Software delivers its iBOLT™ Special Edition (SE) business collaboration platform for SAP Business One to use in extending the capabilities of the SAP Business One business management solution for small and medium-sized businesses.
Omega Business Solutions, a part of the Omega Group, Inc., headquartered in Portland, Oregon, and with offices in Seattle, Washington, specializes in planning, installing, and servicing supply chain, project accounting, and CRM solutions for a range of industry sectors including manufacturing, wholesale distribution, and professional services. In its new relationship with Magic Software, Omega will now have access to fully functional licenses of iBOLT Special Edition for use in developing SAP Business One solutions for its clients in the Pacific Northwest.
“Today’s competitive small business environment causes forward-looking companies to seek simple yet powerful enterprise management technology,” said Forrest Koch, CEO, Omega Group, Inc. “By partnering with Magic Software Enterprises to extend the capabilities of SAP Business One, we are enabling the customers we serve to compete on a whole new level while leveraging their investments in existing systems. The extended functionality we can offer with iBOLT will make their leap into real-time enterprise management easy, affordable, and seamless.”
“It is appropriate that Magic and Omega are making this announcement at the SAP Summer Sales Meeting,” said Ronny Or, Magic Software’s SAP Global Program Director. “The theme of this meeting that pulls together more than 500 SAP business partners and 2,800 SAP Americas field-facing personnel, is ‘Believe to Achieve,’ and achievement in delivering better solutions for the end user is what the Magic SAP Business Partner Program is all about. The partnership with Omega Business Solutions represents for the industry one more milestone in partners working together to enhance the capabilities of SAP Business One in the marketplace.”
Benefits of the Magic Software SAP Business Partner Program include software licenses, technical and sales training, marketing tools and support, access to the Partner Portal, awards and incentives, and opportunities to bundle iBOLT SE with other, non-SAP software.
About Omega Business Solutions
Founded in 1998, Omega Group, Inc. is the leading provider of SAP Business One solutions and Microsoft Business Solutions (MBS) for small and medium-sized businesses in the Pacific Northwest. Omega specializes in planning, installing and servicing supply chain, project accounting, and CRM solutions for mid-market organizations. All engagements are implemented using Omega’s Modeled Validation Process Implementation Plan (MVP)—a pre-planned, low-risk, rapid delivery approach to providing services.
For more information on Omega Business Solutions and its services, visit www.omegagroup.com.
About Magic Software Enterprises
Magic Software Enterprises (NASDAQ: MGIC) has been a leader in enterprise application development, deployment and integration technology for more than two decades. The company's service-oriented (SOA) platforms are used by companies worldwide to develop, maintain, and deploy both legacy and new business solutions, while integrating these applications across both internal and external, heterogeneous environments. Magic Software’s platform-independent methodology lets companies achieve agility by quickly assembling composite applications, allowing programmers to create services and architects and business analysts to orchestrate and reuse these services to enable business processes. Through partnerships with industry leaders such as IBM and SAP and more than 2500 ISVs worldwide, Magic Software technology is used by more than 1.5 million customers around the globe.
Magic Software is a subsidiary of the Formula Systems and Emblaze Group of companies.
For more information on Magic Software Enterprises and its products and services, visit www.magicsoftware.com.
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.
# # #
Press contacts:
Steven L. Lubetkin
Public Relations Counsel
Magic Software Enterprises Ltd.
slubetkin@magicsoftware.com
Phone: +1 856.751.5491
Cell: +1 856.625.5502
Mary Lou Roberts
Magic Software Corporate Communications
Phone: 215-740-8976
mlroberts@magicsoftware.com
