May 28, 2009 (FinancialWire) — Magic Software Enterprises Ltd. (NASDAQ: MGIC) has signed contracts with two major IT companies in Eastern Europe. The projects include the supply of the uniPaaS application platform and the iBOLT business and process integration suite offerings.

The first deal is a partnership agreement with Czech Republic system integrator DSB and for the supply of Magic Software’s iBOLT business and process integration suite to be distributed throughout the Czech territory. DSB has already signed a deal to install the iBOLT for SAP R/3 suite at a major confectionary distributor with operations throughout Eastern Europe.

The second contract, worth approximately $250,000, is for upgraded uniPaaS licences for AlphaSoft of Romania, a former Magic Software provider developing and marketing ERP systems for hundreds of customers in the small to medium enterprise market. Magic Software’s new uniPaaS application platform enables customers and ISVs to cost-effectively build full client, RIA, mobile and SaaS applications that can be deployed on-time and on-budget.

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