Magic Software Enterprises Launches Revolutionary New Web Development Tool, eDeveloper Thursday 29 March 2001 PDF Print Enables Developers to Rapidly Build Interactive Web Applications in a Dynamic Environment BRACKNELL, UK (28th March, 2001) - Magic Software Enterprises (Nasdaq: MGIC), a leading provider of state-of-the-art application development technology and business solutions, launched today its revolutionary new Web development tool, Magic eDeveloper. Magic eDeveloper enables developers to build interactive Web applications in a dynamic environment, giving them the tools they need to easily and rapidly create solutions that do not take the user out of context when processing requests or information. Magic eDeveloper is part of the Magic eBusiness Platform, a comprehensive framework for rapidly developing, customising and deploying complex e-business solutions, which addresses the principal problems in IT management today: - a shortage of IT resources - a need to change dynamically with business changes - a need for full integration with legacy systems and new technologies In addition to Magic eDeveloper, the Magic eBusiness Platform includes the Magic Application Server, an integrated and scalable, multi-threaded application server, and Magic eMerchantT, the Company's award-winning e-business application template that allows companies to rapidly deploy sophisticated e-commerce sites. Magic eDeveloper Magic eDeveloper, which employs an enhanced, browser-based deployment paradigm and offers open, extensible support for the Industry's leading Internet Web browsers and servers, application servers, and languages and databases, provides developers several key features: - The Ability to Rapidly Create Interactive Web Applications - An integrated mechanism defines client-side functionality for field-level validation, event trapping and execution, automatic refresh of data within fields, automatic change to the appearance of interface elements, and direct update of data views. - An Object Model Repository - An object-oriented model repository stores and displays object models, which are assigned property values and automatically updated when the properties of the model class change. This enables developers to define objects once and inherit their properties throughout their applications. - A Component Framework - A new component framework enables developers to easily build new application components, and to integrate external application components and other business processes. The component framework includes a Component Builder, Component Interface Builder, and Component Repository for storing components. - Improved Event-Based Programming - Event handlers react to different types of events, including internal, external, system, application, user-defined and expression-evaluated events. This allows for clearer and better definition of application logic, while the event-driven engine enables easier definition of global logic. "Working with Magic eDeveloper's interactive Web development functionality and its component framework, our developers are able to build solutions with enhanced Web and transaction processing functionality in just a fraction of the time it used to take," said Yakov Samelson, vice president of Silver.net. "In addition, Magic eDeveloper allows us to rapidly convert traditional client/server applications to Web applications." Silver.net (http://www.silvernet.co.il) is a Magic Solutions Provider that provides FRM financial solutions to large-scale industries and institutions such as Motorola, Nortel Networks and Tower Semiconductors. "In every demonstration of Magic eDeveloper to date, companies have expressed amazement at the speed with which they are able to develop, deploy and maintain Web applications," said David Leichner, vice president of Worldwide Marketing for Magic. "They are especially impressed by how Magic eDeveloper enables them to maximise the productivity of their manpower and other resources to turn out highly functional, scalable and portable business applications tailored to meet even the most demanding requirements." Magic eDeveloper is available immediately. For more information, visit the Magic website at http://www.magicsoftware.com/edeveloper. --- About Magic Software Enterprises Magic Software Enterprises, a member of the Formula Group (Nasdaq: FORTY), develops, markets and supports software development and deployment technology that enables enterprises to accelerate the process of building and deploying applications that can be rapidly customised and integrated with existing systems. Magic technology, applications and professional services are available through a global network of subsidiaries, distributors and Magic solutions partners in approximately 50 countries, including the UK. The Formula Group is an international information technology company principally engaged, through its subsidiaries and affiliates, in providing software consulting services, developing proprietary software products and producing computer-based solutions. Except for the historical information contained herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may 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 here and abroad, release and sales of new products by strategic resellers and customers, and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission. Company Contact: Andy Peart Magic Software Enterprises UK Ltd 01344 667000 email@example.com http://www.magicsoftware.com/ Media Contact: Sara Claridge Marylebone Media Relations Tel: 0118 975 5188 Email: firstname.lastname@example.org This press release was distributed by ResponseSource Press Release Wire on behalf of Marylebone Media Relations in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.