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Crown Equity Holdings, Inc.: Bank Leumi Successfully Migrates 60 Banking Applications to Magic Software's uniPaaS Platform

Posted on: Wed, 14 Oct 2009 08:48:00 EDT

Symbols: MGIC, CRWEE

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Oct 14, 2009 (M2 PRESSWIRE via COMTEX) --
MGIC | Quote | Chart | News | PowerRating -- Las Vegas CRWENews.com is pleased to announce a stock highlight Magic Software Enterprises Ltd.

Magic Software Enterprises Ltd. (Nasdaq: MGIC), a global provider of application platforms and business and process integration solutions, today October 14, 2009 announced that it has successfully migrated 60 applications to uniPaaS for Bank Leumi, Israel's leading commercial bank with 317 branches, representation in 21 countries and approximately $84 billion in assets. The migration was carried out in a short time using automatic migration tools that did not require the use of hard-coding.

About Magic Software

Magic Software Enterprises Ltd. (NASDAQ: MGIC | Quote | Chart | News | PowerRating) is a global provider of multiple-mode application platform solutions - including Full Client, Rich Internet Applications (RIA), Mobile or Software-as-a-Service (SaaS) modes - and business and process integration solutions.

About CRWENews.com

CRWENews.com is an independent electronic informative online financial news publication company dedicated in providing company associates, business and financial professionals with economic and investment information, as well as stock highlights. CRWENews.com is a division of Crown Equity Holdings, Inc.

CRWENews.com is not a registered investment advisor or broker-dealer. CRWENews.com and Crown Equity Holdings, Inc., (CRWE) affiliates, officers, directors, contractors and employees, including may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.

We encourage investors to join and receive CRWENews.com FREE e-mail news and stock watch alerts at http://www.crwenewswire.com/c/stock-pr and view our full disclaimer.

Forward-Looking Statement: This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements and/or Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

CONTACT: Kenneth Bosket, Crown Equity Holdings, Inc
e-mail: ccollins@crownequityholdings.com
Tel: +1 702 448 1543
Fax: +1 702 258 -9007
WWW: http://www.crwenewswire.com

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Magic Software Enterprs (MGIC) MGIC. Magic Software Enterprs (MGIC) has Short Term PowerRatings at TradingMarkets. Details on Magic Software Enterprs (MGIC) Short Term PowerRatings is available at This Link.

For full details on (CRWEE) CRWEE. (CRWEE) has Short Term PowerRatings at TradingMarkets. Details on (CRWEE) Short Term PowerRatings is available at This Link.

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