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Teva Hungary Chooses Magic Xpi Integration Platform To Improve Business Performance

Stocks in this article: MGIC

OR YEHUDA, Israel, September 19, 2012 /PRNewswire/ --

Magic Software Enterprises Ltd. (NASDAQ: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today that Teva Hungary has adopted Magic xpi Integration Platform to update and enhance its customer ordering process.

Teva Hungary, which has been using Magic's technology for many years to manage all its operational processes, chose the Magic xpi code-free business integration platform to improve the efficiency, security, and performance of its electronic customer ordering process.

"We were encountering many difficulties in implementing our electronic ordering system, in particular with regard to error-handling and order clarification. We solved these problems with Magic xpi, which offered the ideal solution for integrating all our logistics systems into a single, unified solution that truly works," said Mr. Janos Gorbe, Project Manager at Teva Hungary.

Commenting on the new deal, Yoram Aharon, CEO of Magic Israel, said: "We are very pleased with Teva Hungary's decision to continue using Magic's technology. Magic xpi offers fast and cost-effective integration, providing enormous added value to our customers."

About Magic Software Enterprises

Magic Software Enterprises (NASDAQ: MGIC) empowers customers and partners around the globe with smarter technology that provides a multichannel user experience of enterprise logic and data.

For more information, visit http://www.magicsoftware.com.

About Teva Hungary

The activities of Teva Hungary Ltd. include marketing and sales. Manufacturing is performed at various sites of Teva Pharmaceutical Works Ltd.

Teva's extremely broad product range in many therapeutic areas, such as cardiovascular, gastrointestinal, and oncologic diseases, enables the company to achieve its goal of making high-quality generic drugs available to all.

For more information, visit http://www.teva.hu.

Except for any historical information contained herein, matters discussed in this press release might include forward-looking statements that involve a number of risks and uncertainties. Regarding any financial statements, actual results might 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 locally and abroad, release and sales of new products by strategic resellers and customers, and other risk factors detailed in Magic's most recent annual report and other filings with the Securities and Exchange Commission.

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