Friday, August 17, 2007

Professional Podcasts Changes Podcast Comment Line

One of the problems with free voice mail lines is that if you don't use it at least once every 30 days, it goes away. So our (206) number has gone away.

The good news is that we're using Skype Voicemail for our new, more permanent podcast comment line. Please make a note of this number if you'd like to leave a podcast comment for us.

The number is +1 (856) 861-6146 in the US.
You can also call the UK at +44 020 7193 6146

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Saturday, August 11, 2007

NJBankers Produces Sixth Banking Podcast Audio Program With Professional Podcasts

FOR IMMEDIATE RELEASE

News Media May Contact:
Steven L. Lubetkin, Managing Partner
Lubetkin & Co. Communications
(856) 751-5491 or steve@lubetkin.net

Timothy E. Doherty,
Vice President/Director of Communications , NJBankers
(609) 520-1221, ext. 542 or tdoherty@njbankers.com


CHERRY HILL, NJ – August 10, 2007 – NJBankers, a trade association representing the New Jersey banking industry, and its marketing group for small banks, the Bank Marketing Association, are distributing a new audio broadcast of a recent Bank Marketing Association seminar program to its members over the Internet, a delivery mechanism known as “podcasting.” NJBankers’ has been distributing podcasts since December 2005. The programs are produced in partnership with Cherry Hill-based Professional Podcasts LLC, a subsidiary of Lubetkin Communications.

The newest NJBA podcast is available in two parts. The overall topic, “Onboarding: The First 90 Days,” focuses on steps that banks and other retail organizations should thing about taking to cement relationships with their customers and new employees in the first 90 days of their relationship. Part one of the podcast program features a presentation about enhancing customer relationships by Chris Braccia, director of product marketing in the retail solutions group of Harland Financial Solutions. Part two of the podcast features remarks by Dennis Budinich, co-founder of FTC Methods Inc., a sales training firm, about how to help employees become engaged in successful sales relationships early in their careers.

Professional Podcasts produces recordings of NJBA seminars, and delivers the Internet podcast “feeds” to NJBankers so that association members can download the recordings for review on their computers or portable digital audio players. The podcasts are available at http://www.njbankers.com and at http://www.njbankmarketing.com. The podcast is also available at no charge to subscribers to the Apple iTunes Music store (www.itunes.com) and can be accessed directly in iTunes at this URL:
http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=130353630

“Our podcasts average between 300 and 600 downloads, so it’s clear that our members want us to provide time-shifting technology like podcasting for their continuing education activities,” said Timothy E. Doherty, NJBankers vice president and director of communications. “Podcasting is a cost-effective and engaging way for our members to participate in these programs, even if they cannot attend in person.”

“NJBankers is taking a dramatic leap ahead of other financial trade associations in New Jersey by embracing podcasting technology to increase the reach of its excellent seminar programs,” said Steven L. Lubetkin, managing partner of Professional Podcasts. “Like NJBankers, other organizations should understand that podcasts can provide their clients, members, and other constituencies important information conveniently, without tying those audiences to less-flexible programming formats like conference calls or web streams, which force busy and time-constrained participants to gather at a common time. Podcast listeners get the information they need -- at a time when they want it.”

Podcasts are digital audio or video recordings distributed using Internet technology. Visitors to an organization’s website can download podcast programs for review on their desktop computers, or synchronize them with a portable digital media device. Software programs called “feed readers” or “podcatchers” allow users to “subscribe” to podcasts at no cost, and receive new programs in a podcast series automatically.

About Professional Podcasts LLC/Lubetkin Communications

Professional Podcasts LLC, a wholly owned subsidiary of Lubetkin Communications, is a leading provider of podcasting services for corporations and professional organizations. Since 2005, Professional Podcasts has been counseling clients about the effective use of social media, like podcasts and blogs (online journals) as tools that facilitate two-way communications with customers, employees, and others.

The firm has produced high-quality podcasts for ACE-INA Insurance, Sun National Bank, the Rutgers University School of Business Administration’s popular Quarterly Business Outlook Seminar, NAPL, a graphic communications trade association, Leadership NJ, and for the Public Relations Society of America. The firm also produces its own podcasts focusing on public relations, computer technology, bond ratings, and interviews with book authors.

More information is available at www.lubetkin.net or at www.professionalpodcasts.com.

About NJ Bankers

NJBankers is an organization dedicated to serving the banking industry and its affiliates by representing banking-related interests at all levels of government and by providing information and educational training to promote sound banking practices and financial services to the communities and businesses of New Jersey. Its website is www.njbankers.com.
# # # #

Editors, Note: Mr. Lubetkin is available to discuss how podcasting technology can help organizations communicate effectively with their audiences. Copies of the NJBankers podcast are available on request. Please call Steve Lubetkin at (856) 751-5491 or email steve@professionalpodcasts.com

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Thursday, August 09, 2007

Magic Software Reports Second Quarter Results


Magic Software Reports Second Quarter Results

Contact:
Ziv Zviel
VP Finance
Magic Software Enterprises Ltd.
+972-3-538 9219

Ziv_Zviel@magicsoftware.com

August 9, 2007
Magic Software Reports Second Quarter Results

Company Reports Net Income of $0.8 Million Demonstrating Sustainable Profitability

[ Q2 2007 Financials ]
http://www.magicsoftware.com/Static/Binaries/ne_pr/Q2_2007_financials_0.pdf

OR YEHUDA, ISRAEL; August 9, 2007 - Magic Software Enterprises Ltd. (NASDAQ: MGIC), a leading provider of state-of-the-art business integration and application development technology, reported today its results for the quarter ended June 30, 2007.

Financial Highlights

  • Total revenues were $16.8 million, an 11% increase over Q2 2006
  • Net income was $0.8 million compared to a $1.3 million net loss in Q2 2006
  • In Q2 2007, the company reported positive free cash flow of $0.6 million
  • Cash and cash equivalents, including short-term marketable securities, reached $17 million at June 30, 2007


Second Quarter Results


Second quarter of 2007 results reflect the company's sustained profitability for a third consecutive quarter and continued revenue growth.

Total revenue for the second quarter ended June 30, 2007 was $16.8 million, an increase of 2% from the $16.4 million reported in the first quarter of 2007 and an 11% increase compared to the $15.2 million reported in the second quarter of 2006.

Gross profit for the second quarter of 2007 was $9.1 million, compared to $8.7 million in the first quarter of 2007 and $8.1 million in the second quarter of 2006.

Net income for the second quarter of 2007 amounted to $0.8 million, compared to a net income of $1.0 million in the first quarter of 2007 and a net loss of $1.3 million reported in the comparable quarter of 2006.

Eitan Naor, President and CEO of Magic Software, commented, "During the second quarter we began carrying out steps intended to reinforce our execution capabilities. As our first step towards rebuilding Magic Software's management team, we've recently appointed two new senior management members. David Zigdon, who has extensive experience in senior financial management roles in international public companies, will assume the position of Chief Financial Officer as of October 15th. We've also appointed Arita Mattsoff as our new vice-president of global marketing. Arita brings with her extensive experience in global marketing in enterprise software companies. She will be joining us in September."

"We're currently turning the Company's focus to sales execution and customer support, with an emphasis on improving existing customer relationships, expanding the sales pipeline and closing pending deals," added Naor.


Conference Call


Magic Software's management will also host a conference call today at 11am EDT, or 6pm in Israel.

To participate in the conference call, please call the appropriate number listed below at least five to ten minutes prior to the start of the call:

From the US: 1 888 642 5032
From Israel: 03 918 0688
All others: +972 3 918 0688

Callers should reference the Magic Software Earnings Conference Call.

For those unable to listen to the conference call, there will be a replay available from the investor relations part of Magic's web-site at: www.magicsoftware.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.


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