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Top-Tier Thai Bank Selects Magic's AppBuilder as Part of Its Core Banking Development Platform

Poster: SySAdmin
Posted on November 13, 2013 at 4:21:02 AM
Top-Tier Thai Bank Selects Magic's AppBuilder as Part of Its Core Banking Development Platform

OR YEHUDA, Israel, November 13, 2013 /PRNewswire/ --

    Magic Software Enterprises Ltd. [http://www.magicsoftware.com/?utm_source=pr ]
(NASDAQ: MGIC), a global provider of software platforms
[http://www.magicsoftware.com/magic-xpa-application-platform?utm_source=pr ] for enterprise
mobility [http://www.magicsoftware.com/enterprise-mobility?utm_source=pr ], cloud
applications
[http://www.magicsoftware.com/cloud-enabled-application-platform?utm_source=pr ], and
business integration
[http://www.magicsoftware.com/magic-xpi-integration-platform?utm_source=pr ], announced
today that a Top-Tier Thai bank has selected Magic's AppBuilder
[http://appbuilder.com.previewdns.com ] as part of its core banking development platform.
The selection process was facililted by one of AppBuilder's key partners, a large European
financial software group specializing in banking software systems.

    With more than $50 billion USD in assets, the Thai bank operates approximately 1,000
branches, 6,000 ATMs, 100 foreign exchange offices, 50 international trade centers
throughout Thailand, as well as many international branches.

    "We welcome another major bank to our list of customers
[http://appbuilder.com/about/our-customers.html ]. AppBuilder's track record of stability
and robustness, with proven ability to support millions of transactions per day, makes it
an exceptional solution for banking and financial organizations," said Arik Killman, CEO
of AppBuilder Solutions Ltd. [http://appbuilder.com/about/about-us.html ]

    About AppBuilder Solutions

    AppBuilder Solutions [http://appbuilder.com ] is a subsidiary of Magic Software
Enterprises Ltd. [http://www.magicsoftware.com ], a global provider of mobile and
cloud-enabled application and business integration.

    AppBuilder provides a comprehensive application development infrastructure for
large-scale and complex environments that is used across industry verticals including
banking, insurance, healthcare and government, and by many Fortune 1000 enterprises around
the world. AppBuilder enables development teams to quickly and easily build, deploy, and
maintain large-scale, custom-built business applications. Because AppBuilder uses a
platform-independent model and generates code for COBOL, Java/J2EE, and C#, enterprises
get the benefit of easy-to-maintain applications, without being dependent on any
particular technology.

    For more information, visit http://www.appbuilder.com.

    Except for any historical information contained herein, matters discussed in this
press release might include forward-looking statements that involve a number of risks and
uncertainties. Regarding any financial statements, actual results might vary significantly
based upon a number of factors including, but not limited to, risks in product and
technology development, market acceptance of new products and continuing product
conditions, both locally and abroad, release and sales of new products by strategic
resellers and customers, and other risk factors detailed in Magic's most recent annual
report and other filings with the Securities and Exchange Commission.

    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:

        Tania Amar | VP Global Marketing
        Magic Software Enterprises
        tania@magicsoftware.com

Magic Software Enterprises Ltd
 
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