Magic to Open St. Petersburg R&D Center to Expand Solutions and Services Offering

OR YEHUDA, Israel, February 28, 2017 /PRNewswire/ --

Magic Software Enterprises (NASDAQ: MGIC; TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today its plans to open an R&D center in St. Petersburg, Russia to expand its solutions and services offering. The R&D center will focus on implementing new technologies into its existing solutions to enable its customers to leverage the latest IT market trends and quickly adapt to meet the newest business requirements.

Magic will enhance its Magic xpa Application Platform with a variety of tools and services for modernizing and enriching existing business applications and creating new solutions with an enhanced user experience (UX) and user interface (UI).

Magic will enhance its Magic xpi Integration Platform with an Integration Platform as a Service (iPaaS) solution, providing hybrid integration capabilities. This solution will enable customers to implement digital transformation through their choice of a cloud, on-premise or hybrid installation.

Yuval Lavi, VP Technology states: "Our expanded offering will allow us to provide our customers and partners with the flexible solutions they require to support increasing business challenges. We will continue to provide both our existing and new customers with advanced IT technologies, empowering them with the solutions they need in to succeed in today's competitive landscape."

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.

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:
Stephanie Myara | PR Manager
Magic Software Enterprises
smyara@magicsoftware.com

SOURCE Magic Software Enterprises Ltd