BSD.L Regulatory News (BSD)

1 Oct 2007 07:02

Emblaze Ltd01 October 2007 Emblaze Ltd. ("Emblaze" or "the Group") Emblaze Mobile signs agreement with Sharp and ACCESS for the development of its next generation mobile device This project is designed to set new standards in Mobile experience Ra'anana, Israel, 01 October 2007: Emblaze's subsidiary, Emblaze Mobile LTD.(EM), announces today an agreement with Japanese giants Sharp Corporation(Sharp) and ACCESS CO. LTD. (ACCESS) to develop a new generation of mobiledevices that aims to revolutionize mobile communication. The device is a result of over five years of design by Emblaze Mobile incooperation with some of the best Israeli high-tech companies and it utilizessome of the most advanced technologies in the mobile and computing arena. Emblaze Mobile has joined forces with the Japanese Sharp and ACCESS to executeon the hardware and software implementation achieving the highest possiblequality in development and manufacturing. Sharp is currently the leading mobiledevice developer and manufacturer in Japan with unrivaled quality of productionwhile ACCESS is a leading embedded software provider globally. The device willbe first unveiled during 2008. Guy Bernstein, Chief Executive Officer of Emblaze, said: "The device representsone of the most ambitious projects in the high-tech mobile industry. Thislandmark agreement with Sharp and ACCESS represents a significant progress injoining forces with some of the strongest mobile players in the world." Enquiries: Emblaze LtdHadas Gazit, Hagit Gal +972 9 7699302/ 339 Corfin Communications (UK)Harry Chathli, Neil Thapar +44 (0)20 7977 0020 Eisenberg-Eliash LTD., IR & PR (Israel)Amir Eisenberg +972 3 7538828 / +972 52 8260285 About Emblaze Emblaze Ltd is a group of technology companies addressing both growth andinnovation activities thus combining the stability of "bread and butter" maturetechnology enterprises with "high-risk / high-reward" investments in innovation. Growth activities Formula Systems, which includes: • Magic Software Enterprises Ltd. (NASDAQ & TASE: MGIC) develops, marketsand supports composite application development and deployment platforms with aservice-oriented architecture (SOA), including application integration andbusiness process management (BPM), with existing and legacy systems; • Matrix IT Ltd. (TASE: MTRX) is one of Israel's leading integration andinformation technology services companies, active in four principal areas:software solutions and services, software products, infrastructure solutions andhardware products, and training and assimilation. • Sapiens International Corporation N.V. (NASDAQ & TASE: SPNS) is aprovider of IT solutions that modernize business processes to enable insuranceand other companies to quickly adapt to changes. • nextSource Inc., designs, develops and implements web-based, highquality, innovative human capital management solutions. Innovation activities • Emblaze Mobile, an designer of advanced mobile devices; • emoze, a free global Push Email technology for mobile devices • ZONE-IP (Emblaze V CON), a provider of wireless video communicationstechnologies and conferencing solutions for operators and enterprise marketsover IP networks • Orca Interactive (LSE: ORCA), provider of Interactive Television IPTVmiddleware for Video On Demand (VOD) and broadcast services ; and • Visual Defence (LSE: VDI), (minority stake) a wireless and IP videosolutions provider for military and homeland security markets. Emblaze Group is traded on the London Stock Exchange (LSE: BLZ) since 1996.www.Emblaze.com About Sharp Corporation Sharp Corporation is a worldwide developer of innovative products and coretechnologies that play a key role in shaping the future of electronics. As aleader in liquid crystal displays (LCDs) and digital technologies, Sharp offersone of the broadest and most advanced lines of consumer electronics, informationproducts and electronic components, while also creating new network businesses. Sharp Corporation employs about 57,100 people in the world (as of July 31, 2007)and recorded consolidated annual sales of 3,127,771 million yen for the fiscalyear ended March 31, 2007. For more information, please visit Sharp's Web siteat http://sharp-world.com/index.html. About ACCESS CO., LTD. ACCESS CO., LTD. is a global company providing leading technology, softwareproducts and platforms for Web browsing, mobile phones, wireless handhelds, andother networked devices. ACCESS' product portfolio, including its NetFront(tm)Browser, Garnet(tm) OS (formerly Palm OS(r)) and ACCESS Linux Platform(tm),provides customers with solutions that enable faster time to market, flexibilityand customizability. The company, headquartered in Tokyo, Japan, operates 29subsidiaries and affiliates within Asia, Europe and the United States. This information is provided by RNS The company news service from the London Stock Exchange