Magic Software Signs Abaco, a Leading SAP Implementation Partner in Portugal / Abaco to use iBOLT business integration suite to integrate their customers' SAP R/3, Business One and Business All in One applications with additional enterprise systems

OR-YEHUDA, Israel, Feb. 2 /PRNewswire-FirstCall/ -- Magic Software Enterprises Ltd. , a global provider of application platforms and business and process integration solutions, today announced a new partnership with Abaco Consultores, a leading SAP implementation company in Portugal.

Abaco will be using Magic Software's iBOLT code-free business integration platform to integrate SAP R/3, SAP Business One and SAP Business All in One with a wide selection of enterprise applications including CRM, ERP, Accounting, Supply Chain, email, Web and Wireless systems.

Fernando Lopes, CEO for Abaco Consultores said, "We looked for a vendor with a proven SAP integration capability. Magic Software impressed us as a Gold SAP partner that had won numerous SAP quality and innovation awards and worldwide SAP integration projects. They have a dedicated iBOLT for SAP special edition with built-in certified connectors and an intuitive, easy to use integration methodology. We have already closed our first deal using the iBOLT integration platform and we look forward to extending our cooperation with Magic Software in the integration arena as well as to their uniPaaS application platform business."

"As a leading SAP specialist, a company of Abaco's calibre was a natural partner for us," said Eric Choppe, General Manager for Southern Europe. "We are very excited about this partnership and the new projects they have lined up and Abaco's business model is well suited to our own. Together, I believe we can extend our business throughout these territories."

iBOLT for SAP is a code-free business and process integration suite that makes the data within SAP applications available to other business applications within an enterprise, and vice versa.

iBOLT creates real-time workflows triggered by actions within SAP or other software systems to ensure that employees and management always see an accurate and full business picture. With an integrated view of company data, management and employees can make more informed business decisions, get more value from each business interaction and achieve faster time to market for their products and services.

Magic Software has more than 300 SAP partners worldwide using iBOLT as their integration solution, and hundreds of iBOLT projects successfully implemented for customers such as adidas Canada, Anritsu, Bank of Cyprus UK, CB Medical, Clinical Financial Services, CBIA, Electra, Entertainment Training, Finanz Informatik, LORD Corporation, MintWave, OTOR, Paris-Nord Villepinte Exhibition Center, Prestwick House, San Francisco Courts, Sheba Medical Center, W3Com and Warren Board.

iBOLT has won SAP's quality and innovation awards for 3 consecutive years in a row, from 2006 to 2008. iBOLT is SAP xAPPS certified and has also received certification in Japan.

iBOLT Resources -- iBOLT White Papers -- Brochure: iBOLT for SAP Business One -- Brochure: iBOLT for SAP R/3 (and SAP Business All in One) -- Video: iBOLT for SAP -- iBOLT customer stories -- Find out more about iBOLT Notes for Editors

iBOLT's code-free approach is facilitated by a pre-compiled and pre-configured coding engine based upon Magic Software's 25 years of application development experience. This enables both simple and complex business processes to be designed and implemented quickly and easily - and also makes it more cost-efficient to assimilate and integrate future IT application acquisitions.

iBOLT works natively with systems such as SAP Business One, SAP Business All in One, SAP R/3, Salesforce.com, Oracle JD Edwards, IBM i applications and databases (AS/400), Lotus Notes applications, forms and databases, Health Care systems using HL7, EDI systems, and many more.

About Abaco Consultores

Abaco Consultores is a consulting firm devoted to the implementation and maintenance of information systems, mainly SAP systems (SAP All-in-One and SAP Business One), based in two different geographical locations: Porto and Lisbon. Abaco activities focus on the following areas: outsourcing, training, maintenance and implementation of ERP projects. Abaco is a SAP Gold partner since 2008 and is one of the largest Portuguese consulting companies with nearly 80 SAP consultants. For more information about Abaco Consultores and its products and services, visit http://www.abaco-consultores.com/,

About Magic Software

Magic Software Enterprises Ltd. is a global provider of multiple-mode application platform solutions - including Full Client, Rich Internet Applications (RIA), Mobile or Software-as-a-Service (SaaS) modes - and business and process integration solutions. Magic Software has 10 offices worldwide, a presence in over 50 countries, as well as a global network of ISV's, system integrators, value-added distributors and resellers, and consulting and OEM partners. The company's award-winning code-free solutions give partners and customers the power to leverage existing IT resources, enhance business agility and focus on core business priorities. Magic Software's technological approach, product roadmap and corporate strategy are recognized by leading industry analysts. Magic Software has partnerships with global IT leaders including SAP AG, salesforce.com, IBM and Oracle. For more information about Magic Software and its products and services, visit http://www.magicsoftware.com/, and for more about our industry related news, business issues and trends, read the Magic Software Blog.

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.

Magic is the trademark of Magic Software Enterprises Ltd. All other trademarks are the trademarks of their respective owners.

Magic Software Media Contacts: USA Cathy Caldeira Metis Communications Tel: [phone] Email: [e-mail] UK Ranbir Sahota Vitis PR Agency Tel: [phone] Email: [e-mail] Other Arita Mattsoff Magic Software Tel. [phone] Email: [e-mail] Abaco Consultores Media Contacts: Portugal Nuno Figueiredo Abaco Consultores Tel: [phone] Email : [e-mail]

Magic Software Enterprises Ltd.

CONTACT: USA, Cathy Caldeira of Metis Communications, [phone],
[e-mail], UK, Ranbir Sahota of Vitis PR Agency,
[phone], [e-mail], or Other, Arita Mattsoff of Magic
Software, [phone], [e-mail], all for Magic Software;
or Portugal, Nuno Figueiredo of Abaco Consultores, [phone],
[e-mail]

Web Site: http://www.magicsoftware.com/