BluePhoenix Solutions to Report 2008 Fourth Quarter and Year End Financial Results on February 17, 2009
HERZLIYA, Israel, January 28 -- BluePhoenix Solutions (Nasdaq: BPHX), the leader in value-driven legacy
modernization, today announced that management will release its fourth
quarter and full year 2008 financial results at roughly 6AM ET on Tuesday,
February 17, 2009. Management will subsequently host a conference call to
discuss the results with the investment community, commencing at 8:30 a.m.
ET.
Interested parties may access the call by calling 800-762-8779
from within the United States, or +1-480-248-5081 if calling internationally,
approximately five minutes prior to the start of the call. A replay will be
available through February 24, 2009 and can be accessed by dialing
800-406-7325 (U.S.), +1-303-590-3030 (Int'l), passcode 3970185.
This call is being web cast by ViaVid Broadcasting and can be
accessed at BluePhoenix's website at http://www.bluephoenixsolutions.com. The
web cast may also be accessed at ViaVid's website at http://www.viavid.net.
The web cast can be accessed until March 17, 2009 on either site. To access
the web cast, you will need to have the Windows Media Player on your desktop.
For the free download of the Media Player please visit:
http://www.microsoft.com/windows/windowsmedia/en/download/default.asp.
About BluePhoenix Solutions
BluePhoenix Solutions (Nasdaq: BPHX) 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.
SAFE HARBOR: 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. This press
release is also available at http://www.bphx.com. All names and trademarks
are their owners' property.
Company Contact:
Varda Sagiv
BluePhoenix Solutions
+972-9-9526100
vsagiv at bphx.com
Investor Contact:
Peter Seltzberg
Hayden Communications
+1-212-946-2849
peter at haydenir.com
Financial Media Contact:
Jeffrey Stanlis
Hayden Communications
+1-602-476-1821
jeff at haydenir.com
