Additional Directorships

18 Jun 2007 12:42

Emblaze Ltd18 June 2007 Emblaze Ltd (LSE:BLZ) Additional Directorships of Directors Ra'anana, Israel 18 June 2007: As a result of Emblaze taking control of FormulaSystems (1985) Ltd (NASDAQ:FORTY) ("Formula" or "the Group") there have beenseveral directorate changes in Formula and its subsidiaries, involving thedirectors of Emblaze. Please see a list below containing the relevant directorate changes: Magic Software Enterprises (NASDAQ & TASE: MGIC):Appointed Guy Bernstein and Eli Reifman as new members of the board ofdirectors. Matrix IT Ltd. (TASE: MTRX):Appointed Guy Bernstein as a new member of the board of directors. Sapiens International Corporation N.V. (NASDAQ & TASE: SPNS):Appointed Eli Reifman and Guy Bernstein as new members of the board ofdirectors. Eli Reifman replaced Ron Zuckerman as Chairman of the board. BluePhoenix Solutions Ltd (NASDAQ & TASE: BPHX):Appointed Guy Bernstein as a new member of the board of directors. Formula Systems (1985) Ltd. (NASDAQ & TASE: FORTY):Appointed Guy Bernstein, Shimon Laor and Hadas Gazit Kaiser as new members ofthe board of directors. Enquiries: Emblaze LtdHadas Gazit, Hagit Gal +972 9 7699302/ 339 Corfin Communications (UK)Harry Chathli, Neil Thapar +44 (0)20 7929 8989 About Emblaze Emblaze Ltd., whose shares have been listed on the London Stock Exchange since1996 (Ticker: BLZ), is a group of companies sharing a common mission to providea wide range of information technology products and services worldwide. Thegroup's portfolio includes: Emblaze Mobile, a new breed in handsets design andmanufacturing; ZONE-IP (LSE: ZIP) a provider of IP technologies and owner ofEmblaze VCON, a leading provider of wireless video communications technologiesand conferencing solutions for operators and enterprise markets over IPnetworks; Orca Interactive (LSE: ORCA), provider of Interactive Television IPTVmiddleware for Video On Demand (VOD) and broadcast services, aimed at Telecom,cable and xDSL operators; emoze, a free global Push Email service for mobiledevices that will push send your Emails and PIM data to you anywhere and to anydevice and Visual Defence (LSE: VDI), a provider of wireless and IP videosolutions for military and homeland security markets; Formula Systems Ltd(NASDAQ & TASE:FORTY), a global solutions provider of technology, software andIT solutions for telecommunications companies, operators and a wide range ofsectors. The Formula portfolio includes: Magic Software Enterprises (NASDAQ &TASE: MGIC), Sapiens International Corporation N.V. (NASDAQ & TASE: SPNS),BluePhoenix Solutions (NASDAQ &TASE:BPHX) and Matrix (TASE: MTRX) This information is provided by RNS The company news service from the London Stock Exchange