About Magic Software EnterprisesMagic 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 FSM FSM specializes in supplying municipal and institutional organizations with professional support for setting up, operating, maintaining and supplying services to complex logistic systems which call for high quality and resourceful management and control capabilities. FSM combines the experience of its local and international logistics partners: Friedenson Logistics Services Ltd, Mertens-Hoffman Management Consultants, Ltd. and Eitan Shamir Maintenance Ltd. We support green transport systems and urban transport sharing in Israel and around the world. About Consist Group Consist Group is a software company specializing in developing, marketing, and implementing software solutions for business strategy and management. Consist was established more than 35 years and has about 1,200 employees worldwide, including Germany, Spain, USA, Brazil, Argentina, and Mexico. Consist also sells leading third-party software and supplies professional services development, consulting services and outsourcing for our clients. 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. Magic has made every effort to ensure that the information contained in this press release is accurate; however, there are no representations or warranties regarding this information, including warranties of merchantability or fitness for a particular purpose. Magic assumes no responsibility for errors or omissions that may occur in this press release.