Magic Software Extends Contract With Package Delivery Company

Services to be used to ramp up, maintain logistics solutions for $30 billion company

Irvine, CA — July 29, 2004 — Magic Software Enterprises, a provider of development and integration technology, announced today a six-month extension to an agreement with a world leader in package delivery and supply chain services for approximately $500,000 in additional development services. The services will primarily be used to ramp up and maintain integrated worldwide logistics solutions at all levels of the $30 billion company.

Developers from Magic Software Enterprises will work as part of a team managed by the client to deliver logistics information systems that operate on servers at the global, country and departmental levels.

Oren Inbar, CEO of Magic Software's North American subsidiary, said his company's clients have made progress in the implementation of information systems for freight forwarding and other key logistics processes by using Magic Software's eDeveloper and professional services.

"Our business process integration technology allows customers to respond to changing business conditions with agility and yet maintain standards of operational reliability," he explained. "Magic's technology fits within enterprise architecture standards for clients ranging from mid-size enterprises to world leaders in the logistics, supply chain management and package delivery industries."

Magic said its eDeveloper and iBOLT Integration Suite are utilized in a variety of logistics applications, such as air cargo management, freight forwarding, shipping applications, warehousing applications, racking systems and fleet management applications.

The company recently announced the availability of specialized professional services for the accommodation of radio frequency identification (RFID) data and business processes.

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