Magic Software Announces Sale of AOD Subsidiary to Fortissimo Capital for $17M

Magic Software Enterprises Ltd. (NASDAQ: MGIC), a leading provider of business integration and application development technology, today announced the sale of the entire share capital of Advanced Answers on Demand (AOD), a wholly owned subsidiary, to Fortissimo Capital for the sum of $17 million in cash. The purchase price is payable in two installments that are payable by the end of January 2008.

Wednesday 02. January 2008

Noritsu Adds Key Personnel

Noritsu Announces Enhancements to Sales & Marketing Business Units

Wednesday 02. January 2008

Quebecor World Continues to Pursue Financing Options

Quebecor World Inc. (TSX:IQW)(NYSE:IQW) announced that with the assistance of its independent financial advisor, it continues to actively pursue financing options and solutions to its liquidity and balance sheet challenges and to explore various strategic alternatives.

Wednesday 02. January 2008

GCC Announces the Promotion of Jonathon Su to Associate Vice President of RD Center

GCC, a global forefront equipment-manufacturing provider in the visual-tech industry, is pleased to announce the promotion of Jonathon Su to Associate Vice President of Research & Development Center, to lead the following four groups: Optical, Electronic, Mechanical and Software, appointment effective from August, 2007.

Wednesday 02. January 2008

Gibbs Merges Into Cimatron

Following the Merger: – Cimatron will strengthen its position as a leading international CAD/CAM Software Company with a broader product range and stronger global presence – Combined company’s annual revenues are expected to exceed $40M, moving Cimatron well into the top 10 CAM software vendors

Wednesday 02. January 2008

JOHN TORREY NAMED VICE PRESIDENT AND GENERAL MANAGER XPEDX PRINTING TECHNOLOGIES

Veteran graphics industry executive seeks to help U.S. commercial printers boost productivity, profits by leveraging strengths of Ryobi and xpedx

Wednesday 02. January 2008

Reddy Ice Announces Management Change

Reddy Ice Holdings, Inc. (NYSE:FRZ) (“Reddy Ice” or the “Company”) today announced that Raymond D. Booth, the Company’s Chief Operating Officer, will be stepping down, effective January 3, 2008, to pursue other business interests.

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