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Magic Software Establishes Technology Partnership with GigaSpaces



      Magic Software Establishes Technology Partnership with GigaSpaces

Magic Integrates GigaSpaces In-Memory Computing Technology to Ensure
Future-Readiness for Customers

PR Newswire

OR YEHUDA, Israel, April 17, 2013

OR YEHUDA, Israel, April 17, 2013 /PRNewswire/ --

Magic Software Enterprises Ltd. (NASDAQ: MGIC), a global provider of software
platforms for enterprise mobility, cloud applications, and business
integration, announced today that it has established a technology partnership
with GigaSpaces Technologies, a pioneer of next-generation application and
cloud enablement platforms for business-critical applications.

The partnership with GigaSpaces upholds Magic's commitment to provide its
customers with future-ready solutions, providing optimal performance in light
of increasing demands for big data, cloud computing, and the exponential
growth of transactions as enterprises mobilize their business processes.

"We are excited to integrate GigaSpaces' XAP in-memory computing (IMC)
technology into Magic's technology stack. By combining our technologies, we
will enable our customers to be cloud-ready and enjoy the benefits of high
performance, scalability and availability that can be achieved with in-memory
computing technology, all with a seamless migration effort and virtually no
learning curve," said Eyal Pfeifel, CTO at Magic.

"We are happy to join forces with a visionary partner, such as Magic, that
recognizes the value that in-memory computing brings to addressing current and
forthcoming IT challenges," said Adi Paz, EVP of Business Development &
Marketing at GigaSpaces. "Magic is one of a growing number of software
companies who are using in-memory computing technologies inside their
products. The 'in-memory computing inside' approach enables their users to
benefit from IMC advantages with minimal impact on their existing applications
and skills."

Gartner's Top 10 Technology Trends, 2013: In-Memory Computing Aims at
Mainstream Adoption report published January 31, 2013 states, "Increasing use
of in-memory computing (IMC) application infrastructure technologies as
enablers inside multiple types of software and hardware products will result
in rapid IMC adoption by mainstream, risk-averse IT organizations."

About GigaSpaces Technologies

GigaSpaces Technologies is the pioneer of a new generation of application
virtualization platforms and a leading provider of end-to-end scaling
solutions for distributed, mission-critical application environments, and
cloud enabling technologies. Hundreds of organizations worldwide are
leveraging GigaSpaces' technology to enhance IT efficiency and performance,
including Global Fortune 500 companies, from top financial service
enterprises, e-commerce companies, online gaming providers, and telecom
carriers.

For more information, please visit http://www.gigaspaces.com

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.

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.

Magic is a registered trademark of Magic Software Enterprises Ltd. All other
product and company names mentioned herein are for identification purposes
only and are the property of, and might be trademarks of, their respective
owners.

Press Contact:
Tania Amar | VP Global Marketing
Magic Software Enterprises
tania@magicsoftware.com

SOURCE Magic Software Enterprises Ltd
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