2007 Press Releases

BluePhoenix Closes First Stage of Modernization Deal with one of Europe's Largest Insurance Companies

CARY, NC – December 17, 2007

BluePhoenix Completes $35 Million Private Placement

HERZLIYA, Israel – November 26, 2007

BluePhoenix Wins Major Legacy Modernization Project with Leading US Government Organization

CARY, NC – November 20, 2007

BluePhoenix Solutions Raises $35 Million in Private Placement of Common Stock and Warrants

HERZLIYA, Israel – November 19, 2007

BluePhoenix Joins Financial Information Forum And Provides New Solution For Options Symbology Initiative

CARY, NC — November 14, 2007

BluePhoenix Customer Scarborough Building Society Named To InfoWorld 100 For Legacy Modernization Implementation

CARY, NC — November 12, 2007

BluePhoenix's ASNA Breaks One Million Mark Of Sales Of DataGate Licenses With Over 4,000 Developers Having Moved From System i To RPG For .NET On Microsoft's Visual Studio

SAN ANTONIO, TX — November 6, 2007

BluePhoenix Solutions Reports Record Q3 Financials

Herzlia, Israel — October 29, 2007

BluePhoenix Solutions Announces Key Sponsorship Role In "SOA in Action" Virtual Conference and Exhibition

CARY, N.C. — October 24, 2007

BluePhoenix Wins Major Contract To Modernize PowerBuilder Applications To Java For Global Telecommunications Customer

CARY, N.C. — October 22, 2007

BLUEPHOENIX SOLUTIONS LTD ANNOUNCES THE INTEREST RATE ON ITS CONVERTIBLE NOTES LISTED IN ISRAEL FOR THE 3-MONTHS ENDING ON OCTOBER 31, 2007

Herzlia, Israel — October 16 , 2007

BluePhoenix Announces Strategic Offshore Service Offering For Post Modernization Application Development And Enhancement

Herzlia, Israel — October 16, 2007

BluePhoenix Solutions To Announce Third Quarter Results On October 29th, 2007; Conference Call To Follow Release

Herzlia, Israel — October 9, 2007

ASNA's Ninth Annual ASNApalooza Conference to Focus on Modernization Solutions for RPG and System i

SAN ANTONIO, Texas — October 2, 2007

BluePhoenix Announces Enhanced Solution for Migrating Mainframe Customers to COBOL Language Environment (LE)

Herzlia, Israel — September 18, 2007

BluePhoenix Wins Project Valued At $2.5million To Modernize Legacy Financial Systems For Leading European Bank

NEW YORK, USA — September 5, 2007

BluePhoenix to Present at Key Investor & Financial Conferences

Herzlia, Israel — August 30, 2007

BluePhoenix Successfully Completes Legacy Modernization of Alpitour Group's Travel Management System

MILAN, Italy — August 27, 2007

Bluephoenix Solutions Completes Acquisition of Amalgamated Software North America Inc. (ASNA)

Herzlia, Israel — August 17, 2007

BluePhoenix Solutions to Present at RBC Capital Markets North American Technology Conference

Herzlia, Israel — August 6, 2007

BluePhoenix Solutions Announces Signing of Letter of Intent for Acquisition of ASNA

Herzlia, Israel — August 1, 2007

BluePhoenix Solutions Reports Record Q2 & H1 Financials

Herzlia, Israel — July 31, 2007

BluePhoenix Solutions Announces Second Quarter Results on July 31, 2007 and Hosts a Conference Call

Herzlia, Israel — July 23, 2007

BluePhoenix Opens Office in Asia to Address Region's Growing Demand for Legacy Modernization

Cary, N.C. and Herzlia, Israel — July 23, 2007

Scarborough Building Society Achieves Up To 30% Improvement in Application Performance

LONDON, UK — July 9, 2007

Purchase of Formula Systems Holdings in BluePhoenix Completed

HERZLIA, Israel — June 28, 2007

BluePhoenix Successfully Migrates Billing System as Part of Multi-million Dollar Modernization Project

HERZLIA, Israel — June 26, 2007

BluePhoenix Solutions Achieves IBM Advanced PartnerWorld Designation

CARY, N.C. — June 11, 2007

Major North American Retail Chain to Significantly Reduce Operational Costs With BluePhoenix Value Driven Modernization

Cary, N.C. — May 29, 2007

BluePhoenix Solutions to Address IT Readiness for 2010 as a Sponsor of Gartner Symposium/ITxpo 2007 in Barcelona

Barcelona, Spain — May 21, 2007

BluePhoenix Teams With Oracle on Modernization Solutions; Joins Oracle Modernization Alliance

CARY, N.C. — May 16, 2007

BluePhoenix Solutions Names Varda Sagiv as Chief Financial Officer; Iris Yahal to Serve as Executive Strategic Advisor

HERZLIA, Israel — May 9, 2007

Bluephoenix Solutions Reports Q1 Record Revenues of $20 Million & $2 Million Non-GAAP Net Income

HERZLIA, Israel — May 9, 2007

BluePhoenix Solutions Announces Key Strategic Acquisition of St. Petersburg, Russia Off Shore Facility

HERZLIA, Israel — May 9, 2007

BluePhoenix Provides Toyota With Significant Value-Driven Solutions

CARY, North Carolina — Wednesday May 2, 2007

BluePhoenix Solutions Announces First Quarter Results on May 9th, 2007 and Hosts a Conference Call

HERZLIA, Israel — May 1, 2007

Leading Financial Services Firm Increases Operational Efficiency with BluePhoenix's Legacy Modernization

CARY, N.C. — April 18, 2007

BluePhoenix Solutions Ltd Announces the Interest Rate On Its Convertible Notes Listed In Israel

HERZLIA, Israel — April 16 , 2007

Volvofinans Selects BluePhoenix to Accelerate Delivery of Credit Card Application Features for Customers

COPENHAGEN, Denmark & HERZLIA, Israel — March 19, 2007

BluePhoenix Announces Successful Completion of Project for European Insurance and Banking Organization

COPENHAGEN, Denmark & HERZLIA, Israel — March 6, 2007

BluePhoenix CEO to Present at the Roth Capital Partners 19th Annual OC Conference on February 21

HERZLIA, Israel — Feb 21, 2007

BluePhoenix Reports Impressive Results for Danish Commerce Agency Platform Migration Project

COPENHAGEN, Denmark & HERZLIA, Israel — Feb. 20, 2007

BluePhoenix Solutions Reports Record Fourth Quarter and Fiscal Year 2006 Results

HERZLIA, Israel — February 12, 2007

BluePhoenix Solutions Announces Fourth Quarter and Year End Results on February 12th, 2007 and Hosts a Conference Call

HERZLIA, Israel — February 5, 2007

BluePhoenix Selected for Major Platform Migration Project for Scandinavian Distributor GDC A/S

COPENHAGEN, Denmark and HERZLIA, Israel — January 31, 2007

Global Industrial Equipment Leasing Company Selects BluePhoenix For Major Modernization Project

HERZLIA, Israel — January 8, 2007