Magic wins $500,000 Paz Gaz contract

Magic Software Enterprises and partner Bashan Software Systems will computerize the gas company's distribution systems.

Magic Software Enterprises (NASDAQ: MGIC) announced today that it has won a new contract to computerize the gas distribution systems for Paz Gaz. The initial value of the deal is around $500,000.

In conjunction with long-term partner, Bashan Software Systems, which specializes in the gas sector, Magic will provide Paz Gaz with an automated eDeveloper-based system for distribution and agent management. The solution will handle the distribution of gas to customers across the country. It manages the entire process from the point of order, through delivery and invoicing.

The distribution solution will provide services for eight regional offices and around 150 users, and will integrate with existing Paz Gaz systems.

"This win is an excellent example of how we join forces with our partners, such as Bashan Software, to bring quality solutions to leading companies such as Paz Gaz," said Eran Kaplan, managing director of Magic Software's Asia/Pacific operation.

Published by Globes [online] - www.globes.co.il - on 15 September 2003

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