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Contact:
Katharine Hanley
Magic Software Enterprises
(949) 250-1718 ext. 220
khanley@magic-sw.com
MAGIC SOFTWARE TO INTRODUCE ITS LINUX VERSION
OF MAGIC ENTERPRISE EDITION V.8
AT LINUX WORLD
Company to Give Out Free CDs
Of the Award-Winning Development Environment
From its Booth #373
IRVINE, CA (January 24, 2000) - Magic Software Enterprises (NASDAQ:
MGIC) announced
today that it will be introducing its new Magic Enterprise Edition
V.8 development
environment for Linux at the Linux World Conference and Expo,
February 2-4, 2000,
at the Jacob Javits Center in New York City. The Company also
will be distributing
free evaluation CDs of the development environment at its Booth #373,
which will feature
two virtual reality pods where trade show attendees can "Get in the
Magic eZone" by
playing the virtual reality game, Zone Hunter.
The Magic Enterprise Edition V.8 for Linux development environment will
be formally
introduced at a press conference scheduled to occur on Wednesday, February
2, 2000, at
11:30 a.m. in Room 1E04 of the Convention Center. The press conference
follows the
Keynote Presentation of Linus Torvalds, which runs from 9:30 to 10:30
a.m. During the
press conference, Magic will provide an overview and demonstration
of the new development
environment. Magic also will announce a special, limited time introductory
pricing for the
development toolkit.
Magic, a member of the Linux International board of directors and a
long-time supporter of
the Linux community, continues to work aggressively to provide community
members the tools
necessary to bring enterprise-level business applications to the operating
system. Last
year, it introduced its Magic Enterprise Server V.8.3 for Linux, which
enables existing
Magic applications developed on non-Linux platforms to be quickly and
seamlessly ported to
the Linux operating system. In addition, the Company ported Magic
eMerchant, its
award-winning business-to-business customizable e-commerce solution
to Linux. With this
latest product, developers will be able to build applications directly
on the Linux platform.
Conference attendees are encouraged to visit the Magic Booth #373,
attend a product demo and
pick up a free evaluation CD.
About Magic
Magic Software Enterprises, a member of the Formula Group (NASDAQ:
FORTY), offers highly
productive, state-of-the-art development technology, customizable applications,
and services
for cost-effectively solving business problems. Using Magic,
companies can efficiently
leverage their existing resources and take advantage of emerging technologies,
such as Linux
and e-commerce.
Magic technology, applications and services are available through a
global network of
subsidiaries, distributors and solutions partners in more than 50 countries.
The Company is
located at 1642 Kaiser Avenue, Irvine, Calif., 92614, telephone (949)
240-1718, fax (949) 250-7404,
http://www.magic-sw.com.
The Formula Group is an international information technology company
principally engaged,
through its subsidiaries and affiliates, in providing software consulting
services, developing
proprietary software products, and providing computer-based solutions.
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
demand, the impact of competitive products and pricing, changing economic
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.