Magic Software, Avesta Partner

To deliver enterprise application integration and business process management to the mid-market

Irvine, CA October 10, 2003 Magic Software Enterprises, a leading provider of state-of-the-art integration and development technology, announced an agreement with Avesta Computer Services Ltd., a global system integrator based in Jersey City, N.J., which will become an iBOLT Integration partner.

With offices in New Jersey, Pennsylvania, California, Hong Kong and India, Avesta is a system integrator and outsourcer specializing in solutions for large and mid-sized organizations such as Bank Of New York, Cisco Systems, Merrill Lynch, EDS, Pfizer and HSBC Bank.

With iBOLT, Avesta said it is gaining technologies for customer solutions in enterprise application integration (EAI) and business process management (BPM).

"With so much confusion surrounding the many so-called standards today, it is key to deliver integration solutions that embrace the multiple competing standards in the industry," said Pradeep Udhas, managing director of Avesta.

Udhas said the iBOLT Integration Suite provides organizations with a platform for integrating their existing business-critical applications. It is also a multi-tiered, component-based environment where developers define and combine components to automate business processes.

"We are training a large team of salespeople, project managers, consultants, integrators and developers at Avesta so that they can deliver solutions directly to their existing customers as well as new ones," said Oren Inbar, CEO of Magic Software's North American subsidiary. "Together we will approach many new mid-market and large enterprises in need of business process integration."