The Analysis Corporation at State
Since 1990, The Analysis Corporation has worked with the Department of
State in developing information support systems, staffing of analysts and on-
going maintenance for the State Department 's Bureau of Intelligence and
Research."

About The Analysis Corporation
Since 1990 , the agencies and organizations at the forefront of our
nation's effort to deter terrorism and organized crime have relied on The
Analysis Corporation for data-management systems and services that have proven
critical to mission success -.
As a comprehensive solution, iBOLT
(http://www.

submitted japan

" The SD Times 100 recognizes the leaders and
innovators of the software development industry.com/ibolt )
that enables enterprises to accelerate the process of building and
deploying applications that can be rapidly customized and integrated
with existing systems.

english foreign

SD Times is published
twice monthly in identical print and digital editions, and can also be
read online at www.magicsoftware.

must mofa

systems that mine and manipulate complex data
in support of traveler screening and terrorist/criminal tracking operations at
the US borders and at diplomatic posts abroad.

abroad japan

websites nation

com

About Magic Software Enterprises

Magic Software Enterprises, a subsidiary of Formula Systems
(Nasdaq: FORTY), develops, markets and supports software development,
deployment and integration technology (www.

consulates mofa

submitted japanese

Under this new contract The Analysis Corporation
will provide Watch-Standing services on a 24 hour a day, 7 days a week basis
to the Bureau of Intelligence and Research to provide embassies, consulates
and border security officers with critical homeland security-related
information.

Magic Software's iBOLT Recognized Again for ``Innovative Leadership In The Software Development Industry;'' Included in the SD Times 100 for Leadership in Mode

japan must

embassies appropriate




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.

must government

, The Analysis Corporation (TAC), a
leading provider of counter-terrorism and anti-crime systems and services, has
been awarded a contract with the Department of State for $3.

be list

submitted asia

7 million dollars
over a five year period.
"Magic Software is once again honored by the industry as an
innovation leader," said Menachem Hasfari, CEO of Magic Software
Enterprises.


Websites submitted here must be Japan related and in English.

embassies submitted

FAIRFAX, Va. The SD Times listing noted that
iBOLT's "Business process and workflow designer eases common
integration troubles.

asia websites

websites embassies

----Magic Software
Enterprises (Nasdaq:MGIC), a leading provider of state-of-the-art
business integration and development technology, announced today that
it's iBOLT integration suite has once again been recognized by
Software Development Times for innovative leadership, through its
inclusion in the "SD Times 100. Leveraging company Legacy
and other IT investments, iBOLT's extreme flexibility enables rapid,
end-to-end integration of diverse applications, databases, and files -
whether standard or proprietary.

asia embassy

Sites in Japanese should be submitted to the appropriate World/Japanese subcategory .

avenue worldwide

should be

"
Magic Software was again named as one of the influencers and
leaders in the category of modeling . The Company's North American subsidiary is located at 17310
Redhill Avenue #270, Irvine, CA 92614 -5637, telephone 800-345-6244,
949-250-1718, fax 949-250-7404, http://www.

This category is for sites on other nation's embassies and consulates in Japan.

government be

The Secretary of State described the systems and support previously
provided by The Analysis Corporation as a "national treasure.

list asia

abroad consulates

asia worldwide

The Analysis Corporation Wins $3.7 Million Dollar Contract With the Department of State



Business Editors/High-Tech Writers

IRVINE, Calif.com/ibolt) delivers full Business Process
Management (BPM), Business Activities Monitoring (BAM), and Enterprise
Application Integration (EAI) capabilities."

About SD Times

Launched in February 2000, BZ Media's SD Times is the newspaper of
record for the software-development industry.magicsoftware.

be japan

This award continues the 15 year relationship
between The Analysis Corporation and the Department of State to support its
counter-terrorism mission.magicsoftware . "iBOLT's modelling abilities are just one of the many
features provided in the iBOLT framework that will enhance any
integration project.sdtimes.
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 .

government nation

Magic technology, applications and professional
services are available through a global network of subsidiaries,
distributors and Magic solutions partners in approximately 50
countries.

asia abroad

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