Magic's Application Platform Dominates the Japanese Market in License Sales

OR YEHUDA, Israel, May 22, 2017

Magic xpa's code-free application platform was highlighted as exceling in its service introduction, product functionality, development productivity, and cost performance. Other strengths that were emphasized were the product's reliability, stability, high level maintainability as well as its sales, development and support system for indirect sales partners.

"These results are further evidence to Magic's strong and ever-growing customer base in Japan as well as around the world, where Magic has a presence in more than 50 countries," stated Toshio Sato, President at Magic Software Japan. "This recognition is additional proof that our customers recognize that Magic Software's technology, which is backed by decades of experience, is instrumental in helping them create enterprise-grade mobile, web and desktop apps with the latest capabilities in application development, deployment and integration."

MIC Research Institute Ltd
Established in 1991, MIC Research Institute has focused on marketing researches in the IT and Telecommunications industries. The company provides top-class knowledge resources in these fields in Japan.

For more information visit: www.mic-r.co.jp

About Magic Software Enterprises
Magic Software Enterprises (NASDAQ: MGIC) empowers customers and partners around the globe with smarter technology that provides a multichannel user experience of enterprise logic and data.