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HERZLIYA, Israel--(BUSINESS WIRE)--BluePhoenix Solutions (NASDAQ:BPHX), the leader in value-driven legacy modernization, today announced that it
http://finance.yahoo.com/news/BluePhoenix-Solutions-Awarded-bw-2866564041.html?x=0&.v=1
/PRNewswire-FirstCall/ -- BluePhoenix Solutions (NASDAQ: BPHX), the leader in value-driven IT legacy modernization solutions, today announced that it has completed a major IT modernization project for Israel Local Authorities Data Processing Center ("LADPC").
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HERZLIYA, Israel--(BUSINESS WIRE)--BluePhoenix Solutions (NASDAQ: BPHX), the leader in value-driven legacy modernization, today announced that it
http://finance.yahoo.com/news/BluePhoenix-Expands-Product-bw-1297496493.html?x=0&.v=1
HERZLIYA, Israel--(BUSINESS WIRE)--BluePhoenix Solutions (NASDAQ:BPHX - News), the leader in value-driven legacy modernization, today announced financial results for the
http://finance.yahoo.com/news/BluePhoenix-Solutions-Reports-bw-1061730164.html?x=0&.v=1
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Nov 20, 2009 (Close-Up Media via COMTEX) --
BluePhoenix Solutions, a developer of legacy modernization solutions, announced that it has been awarded a multi-million dollar modernization contract for a global Tier 1 retail chain by IBM.
According to BluePhoenix, the company is partnering with IBM to integrate, synchronize, convert, and remediate the customer's disparate legacy purchase order systems, including associated applications and technologies. BluePhoenix said it will modernize the databases from legacy IMS and VSAM systems to an IBM DB2 environment providing the customer with improved productivity with a lower cost of ownership.
"We are very eager to work with IBM to modernize and integrate these mission critical systems which are core to their customer's business," said Yaron Tchwella, CEO, BluePhoenix Solutions. "Our partnership with IBM continues to strengthen as we continue to work together to modernize their customers to IBM technology. The end customer is well known for its leadership and we are honored to have been selected to modernize one of their critical systems."
The BluePhoenix portfolio includes a suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, rehosting, and renewal.
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Tags: business ceo contract dollar environment partnership productivity retail technology
Companies: International Business Machines Corp. (IBM)
Nov 12, 2009 (Wall Street Horizon via COMTEX) --
BluePhoenix Solutions Ltd. (BPHX)
Expected next earnings release: Announcement date: 11/12/2009 - Before Market Earnings Quarter: Q3 Announcement Status: Verified
Expected next investor conference call information: Conference Call Date: 11/12/2009 Conference Call Time (ET): 8:30 AM Conference Call URL: http://www.bphx.com/en/Investors/Pages/default.aspx
Tags: conference corporate earnings market
Companies: BluePhoenix Solutions Ltd (BPHX)
HERZLIYA, Israel, Nov 17, 2009 (BUSINESS WIRE) --
BluePhoenix Solutions (NASDAQ:BPHX), the leader in value-driven legacy modernization, today announced that it has been awarded a multi-million dollar modernization contract for a global Tier 1 retail chain by IBM.
BluePhoenix is partnering with IBM to integrate, synchronize, convert, and remediate the customer's disparate legacy purchase order systems, including associated applications and technologies. BluePhoenix will modernize the databases from legacy IMS and VSAM systems to an IBM DB2 environment providing the customer with improved productivity with a lower cost of ownership.
"We are very pleased to work with IBM to modernize and integrate these mission critical systems which are core to their customer's business," said Yaron Tchwella, CEO, BluePhoenix Solutions. "Our partnership with IBM continues to strengthen as we continue to work together to modernize their customers to state of the art IBM technology. The end customer is well known for its leadership and we are honored to have been selected to modernize one of their critical systems."
About BluePhoenix Solutions
BluePhoenix Solutions (NASDAQ:BPHX) is the leading provider of value-driven legacy IT modernization solutions. The BluePhoenix portfolio includes a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, rehosting, and renewal. Leveraging over 20 years of best-practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped, or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.
BluePhoenix provides modernization solutions to companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. Among its prestigious customers are: Aflac, Capita Group, CareFirst, Citigroup, Danish Commerce and Companies Agency, Desjardins, Los Angeles County Employees Retirement Association, Rabobank, Rural Servicios Informaticos, SDC Udvikling, TEMENOS, Toyota, and Volvofinans. BluePhoenix has 14 offices in the USA, UK, Denmark, Germany, Italy, The Netherlands, Romania, Russia, Cyprus, South Korea, Australia, and Israel.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements contained in this release may be deemed forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal Securities laws. You can identify these and other forward-looking statements by the use of words such as "may," "will," "plans," "believes," "estimates," "expects', "predicts", "intends," the negative of such terms, or other comparable terminology. Because such statements deal with future events, plans, projections, or future performance of the Company, they are subject to various risks and uncertainties that could cause actual results to differ materially from the Company's current expectations. These risks and uncertainties include but are not limited to: the failure to successfully defend claims brought against the Company; the effects of the global economic and financial crisis; market demand for the Company's products; successful implementation of the Company's products; changes in the competitive landscape, including new competitors or the impact of competitive pricing and products; the failure of the Company to successfully integrate acquired assets or entities under M&A transactions pursued by the Company into the Company's business as anticipated; the failure to achieve the anticipated synergies from such acquisitions; the incurrence of unexpected liabilities relating to the mergers and acquisitions pursued by the Company from time to time; the ability to manage the Company's growth; the ability to recruit and retain additional software personnel; the ability to develop new business lines; and such other risks and uncertainties as identified in BluePhoenix's most recent Annual Report on Form 20-F and other reports filed by it with the SEC. Except as otherwise required by law, BluePhoenix undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
This press release is also available at www.bphx.com. All names and trademarks are their owners' property.
SOURCE: BluePhoenix Solutions
BluePhoenix Solutions Varda Sagiv, +972-9-9526110 vsagiv@bphx.com
Tags: acquisition annual report australia automotive banking business ceo commerce contract cyprus denmark dollar environment federal financial services germany insurance israel italy law manufacturing market nasdaq partnership productivity products property retail retirement romania russia securities software south korea state of the art technology
Companies: BluePhoenix Solutions Ltd (BPHX), International Business Machines Corp. (IBM)
Nov 13, 2009 (Wall Street Horizon via COMTEX) --
BluePhoenix Solutions Ltd. (BPHX)
Expected next earnings release: Announcement date: 2/17/2010 - Before Market Earnings Quarter: Q4 Announcement Status: Unconfirmed
Expected next investor conference call information: Conference Call Date: 11/12/2009 Conference Call Time (ET): 8:30 AM Conference Call URL: http://www.bphx.com/en/Investors/Pages/default.aspx
Tags: conference corporate earnings market
Companies: BluePhoenix Solutions Ltd (BPHX)
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BluePhoenix offers a high level advisory service that provides CIOs with assistance in coming to terms with the complex modernization issues that they face. As the leading vendor of legacy modernization, BluePhoenix is particularly well-suited to advise CIOs »
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Crystal Systems Solutions (Nasdaq:CRYS - news) a provider of IT modernization solutions, today announced that it had changed its name to BluePhoenix Solutions and its Nasdaq ticker to BPHX.
Each note will be convertible into ordinary shares of BluePhoenix. Holders may convert the notes into BluePhoenix's ordinary shares at conversion rate of one ordinary share per $5.60 principal amount of notes.
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