Group Presentation set for 4:00 PM ET on January 8, 2008
HERZLIYA, Israel--December 30, 2008--BluePhoenix Solutions (Nasdaq: BPHX), the leader in value-driven legacy modernization, today announced that Arik Kilman, Chief Executive Officer and Yaron Tchwella, President of Blue Phoenix Solutions, LTD, will present at the 11th Annual Needham Growth Stock Conference and will also be available to meet with investors that day. The conference will take place at the New York Palace Hotel, New York City.
Mr. Tchwella and Mr. Kilman will provide an update to attendees on the company’s business opportunity, strategic growth plans, and the company’s financial performance through the third quarter. Interested attendees may schedule one-on-one meetings directly with their representative at Needham or through Investor Relations at Blue Phoenix, below. The group presentation will also be available by webcast at Blue Phoenix’s website or directly at http://www.wsw.com/webcast/needham27/bphx/
About BluePhoenix Solutions
BluePhoenix Solutions (Nasdaq: BPHX - News) is a leading provider of value-driven modernization solutions for legacy information systems. BluePhoenix offerings include a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, re-hosting, 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, CareFirst, Citigroup, Danish Commerce and Companies Agency, Desjardins, Los Angeles County Employees Retirement Association, Merrill Lynch, Rabobank, Rural Servicios Informaticos, SDC Udvikling, TEMENOS, Toyota and Volvofinans. BluePhoenix has 15 offices in the USA, UK, Denmark, Germany, Italy, France, The Netherlands, Romania, Russia, Cyprus, South Korea, Australia, and Israel.
Forward Looking Statement
Certain statements contained in this release may be deemed forward-looking statements, with respect to plans, projections, or future performance of the Company, the occurrence of which involves certain risks and uncertainties that could cause actual plans to differ materially from these statements. These risks and uncertainties include but are not limited to: the ability to reach a definitive agreement with respect to the sale of our interest in Mainsoft, the ability to complete the sale of our interest in Mainsoft if a definitive agreement is reached (including obtaining the approval of the requisite vote of Mainsoft's other shareholders, market demand for the Company's tools, successful implementation of the Company's tools, competitive factors, the ability to manage the Company's growth, the ability to recruit and retrain additional software personnel, and the ability to develop new business lines. All names and trademarks are their owners' property.
Contact
Varda Sagiv
BluePhoenix Solutions
+972 99526100
vsagiv@bphx.com