-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WqT7AnpCG1ufdIngLWEa9yf6If5DhTBzq9M/vBZLnZ4ZLMMROa7+J6fzzhucOKMG MjpIfYafCwy4Vuu1Klgf9A== 0000000000-07-056811.txt : 20080219 0000000000-07-056811.hdr.sgml : 20080218 20071120152159 ACCESSION NUMBER: 0000000000-07-056811 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071120 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: BLUEPHOENIX SOLUTIONS LTD CENTRAL INDEX KEY: 0001029581 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 8 MASKIT STREET CITY: HERZLIA STATE: L3 ZIP: 46120 BUSINESS PHONE: 972-9-952-6110 MAIL ADDRESS: STREET 1: 8 MASKIT STREET CITY: HERZLIA STATE: L3 ZIP: 46120 FORMER COMPANY: FORMER CONFORMED NAME: CRYSTAL SYSTEMS SOLUTIONS LTD DATE OF NAME CHANGE: 19961224 PUBLIC REFERENCE ACCESSION NUMBER: 0001178913-07-000645 LETTER 1 filename1.pdf begin 644 filename1.pdf M)5!$1BTQ+C0-)>+CS],-"C@T(#`@;V)J#3P\+TQI;F5AF4@,3`Q+U!R978@ M,3')E9@T*,`T*)25% M3T8-"@T*,3`P(#`@;V)J#3P\+TQE;F=T:"`Q,S$O0R`Q-#`O1FEL=&5R+T9L M871E1&5C;V1E+TD@,38R+TP@,3(T+T\@,3`X+U,@-C(^/G-T-IB M8&!@8F!@J6=@86!@N\G`RX``O$`Q$.38L%"!@:$=).2JGKP`2&4P,`@V@`11 M5#-`=2LS\'!.^"HMV,?`<($W0:M`H6B9PFZ&!K`<,P.#6BB$9@/:R\#.P&"X MG@'L!@8K(&9C8-`)!]*,#`RL$7"SN1D8G+P@HHR&``$&`%]5$1`-"F5N9'-T M%LQ,B`W,ETO1&5C;V1E4&%R;7,\/"]# M;VQU;6YS(#,O4')E9&EC=&]R(#$R/CXO4VEZ92`X-"]4>7!E+UA2968^/G-T M-IB8F)C8&)@8!S%V#%`@`$`@TT`X`T*96YD7!E+U1R=654>7!E+T9O;G1$97-C7!E+U1R M=654>7!E+T9O;G1$97-C7!E+T9O;G0^/@UE M;F1O8FH-.3`@,"!O8FH-6R])0T-"87-E9"`Y-B`P(%)=#65N9&]B:@TY,2`P M(&]B:@T\/"]3=&5M5B`X,B]&;VYT3F%M92]4:6UE2A4:6UE M7!E+T5X=$=3=&%T92]3 M02!F86QS92]332`P+C`R/CX-96YD;V)J#3DT(#`@;V)J#3P\+TQE;F=T:"`Q M-S4X+T9I;'1E M,_=YSN%ROAI-;^GMV^GUQ4^7Y-#WWY]?7M!H>G'G4%3@!O]1$66CZ0^X]:D8 M35KAY%%X]7?H_?7;*8U[3:F'9JXMAO,:75Y M8JEWB&*UH_?-[\XO7+6K%Q]>V+%_-45P<&;[3@.4HEHTISNB;== MBR2ENU+M:#8/W$$CBYX1MS7B-D;^2`1=B2_T7;CP)N$DG'N!ZPX;6[;YPX[3 M6!A<&W;J6[=R,`1OIFLY1U+Q:&W]JA[EPWAIWAXUY?6->:VQ9EV=M76P3N1G/ M++I*,I%%B4CIAJ_Y/QE/7"M"LL,Y^GWSR]:\UU3_/*TDW6Z5S)(O=*?2JDQ4 M5M`OJTM[..19S^8R/-AT#YA8TK4H/B]]I_$H;M\3G1VY1I'!\:OL7WB+0+'^DV^ MP:GKA<[+M1UL6-CCF]_6Q.><@D8W`,XKE3\`WI,KVJB M9[&,Z5)&\H&IX+N:"L&PE#DOHZ2C5FOK:CP)->H\*]5'B:-KQ7R;TW8LI8]9 M>^-:Y-&6_(:-PYE[;B]S303/7LQ"S8-))W-4&JFFDL;>8NZ`\79]YOO^Q`D\ M,&?8@S<@*0>X.`<9.:GX_O\@_B4WX;JP#???#!N<_0\]].:]^BQ:YPO>YW=T M:VU]&*/LDK;B45(N'Q.Y!QB>5)7CJM@!@I)2698`1BQ*/#*J&5KW8]=BX:P[ ME60DXCAAT%*I-,9T92=];^)>:3\;FIU?KLZTN(!Z2-BQP5G:,LYU"+Q:-J[AQ MPL_ULZ*Q84)A=]F`@P@'[5A[T@>^KY>6!S_WS?JTB5.';>N']`$/=#$-X;BV M@B^?S#6TV)P``N8$W6P+>XPE7=A=KAZ36%)5T#XIMU14NUVJ02*S$BJ39)`= MOA0:'H7BCNGK)[HWV*J@07E1,@PT]F+H4ZJ**I=V+0+:4]WZ>TFBH%B6&$J` M(9QG4*^B$/D3`U%;D%]VJ4C5TA3) ML<&0ZQ$71MU9WK]%E3E^F^J_*=PC.U(2,[W"242'%+"5U"TJ(HDJ)$9__Z MICJTF,/3PT0[5CQ+8FV9*N\@5Q@/H#D&H^Q8`*9)).[Q?FCQ!O__5$DNV[9D MN@DRV^K=O!$:EHLT[6QVC38_YCQWM5?Z9M4^' MR2S$7C@MI!9D&6ET=5A\(,=>ID8OD5GV1/]4LC`S!!OI\%QK)82X*KG>;0[! MT52%E^=S_27@%AQF!QK:Z`S'U#3O%0*9WB+^*XE9:X.!CS..N)80CQH/I4SE M;JLR4*;2;QH@AE*TGZENEDCT!!XUAPT73@Q)WNO?$7<[D;7K^T-59]"<'9+@ M:8K?$(>!ZL0P57]:-/-4&]_[U0@?F&[@V!CBO?G"GB]!R`#]'6U&YZNCD'SG MI5FD_6;U9]J0&W@VC[:GOEO]]IO$<^T96#+,^'X,7J\LQT@QGQZ`FDH3HTEW M)7XT;C1F-G2S`V4T',]H)SYA`IWXSRKB>S94R?,#!/121?ROK(BG#;G^S%XN M7ZA(^Y7BAG:P?%4"_<-\Q5!R[<$U02=&S\1HK!U]I![SQ.WM'0G M+L6*PX$@16F%][T`*R/)$1F=0'2(XTPK9NNL_>CCT]H92X>$'WD&BP3^JTAT M9T>H?UQ!5J"6$,]2JS'M\:*OU3D>F@-[>)J^R\MD(V`#+;FK[LNGG:3IE5+\ MXIR^*TL1;9'K>GJNRE(]T,?I2J^XQ1!NQ@::GI^K+[3V421_CEER'H*,(P&&?:S[R_"\N2"TW:&O`25;6]J+(SPB8OW[GP`#`)BKTU<-"F5N9'-T]W]IG[W/WV7N?M2X`)$\?+B\%E@(@F2?@!WHXTU>%1]"Q_0`&>(`!I@`P M6>FIOD'NP4`D+S<7>KK("?R+W@P!2/R^9>CI3Z>#_T_2K%2^``#(7\3F;$XZ M2\3Y(D[*%*2*[3,BIL8DBAE&B9DO2E#$6\3BG%/9 MR6PQ]XAX>X:0(V+$1\0%&5Q.IHAOBU@S29C,%?%;<6PRAYD.`(HDM@LXK'@1 MFXB8Q`\.=!'Q<@!PI+@O..8+%G"R!.)#N:2D9O.YW(R MDS@"@:$_DY7(Y+/I+BG)J4Q>-@"+9_XL&7%MZ:(B6YI:6UH:FAF9?E&H_[KX M-R7N[2*]"OC<,XC6]X?MK_Q2Z@!@S(IJL^L/6\Q^`#JV`B!W_P^;YB$`)$5] M:[_QQ7EHXGF)%PA2;8R-,S,SC;@?!?W[KG")^)'.C?LP`OB!8!`.U@(6B`?)@`\R02[8#`I`$=@%]H)*4`/J M02-H`2=`!S@-+H#+X#JX">Z`!V`$C(/G8`:\`?,0!&$A,D2!Y"%52`LR@,P@ M!F0/N4$^4"`4#D5#<1`/$D*YT!:H""J%*J%:J!'Z%CH%78"N0@/0/6@4FH)^ MA=[#"$R"J;`RK`T;PPS8"?:&@^$UT(%U(+W(+&4&FD7U"W4*&H&]0E-1BNA#=`V:"_T*G0< M.A-=@"Y'-Z#;T)?0=]#CZ#<8#(:&T<%883PQX9@$S#I,,>8`IA5S'C.`&:P!U@[KAV5B!=@"['[L,>PY["!V'/L61\2IXLQP[K@('`^7ARO'->'. MX@9Q$[AYO!1>"V^#]\.S\=GX$GP]O@M_`S^.GR=($W0(=H1@0@)A,Z&"T$*X M1'A(>$4D$M6)UL0`(I>XB5A!/$Z\0APEOB/)D/1)+J1(DI"TDW2$=)YTC_2* M3"9KDQW)$60!>2>YD7R1_)C\5H(B823A)<&6V"A1)=$N,2CQ0A(OJ27I)+E6 M,D>R7/*DY`W):2F\E+:4BQ13:H-4E=0IJ6&I66F*M*FTGW2R=+%TD_15Z4D9 MK(RVC)L,6R9?YK#,19DQ"D+1H+A06)0ME'K*)5X*5])4"E=8I'5;J4YI55E'V4$Y5WJ]\47E:A:;BJ)*@4J9R5F5* ME:)JK\I5+5,]I_J,+DMWHB?1*^@]]!DU)35/-:%:K5J_VKRZCGJ(>IYZJ_HC M#8(&0R-6HTRC6V-&4U735S-7LUGSOA9>BZ$5K[5/JU=K3EM'.TQ[FW:']J2. MG(Z73HY.L\Y#7;*N@VZ:;IWN;3V,'D,O4>^`WDU]6-]"/UZ_2O^&`6Q@:<`U M.&`PL!2]U'HI;VG=TF%#DJ&3889AL^&H$XT\F M%B9))O4F#TQE3%>8YIEVF?YJIF_&,JLRNVU.-G:?YRF<$RSK*#R^Y: M4"Q\+;99=%M\M+2RY%NV6$Y9:5I%6U5;#3.H#']&,>.*-=K:V7JC]6GK=S:6 M-@*;$S:_V!K:)MHVV4XNUUG.65Z_?,Q.W8YI5VLW8D^WC[8_9#_BH.;`=*AS M>.*HXY;PKXNKA6NC:[R;C%N)6 MZ?;87=T]SKW9?<;#PF.=QWE/M*>WYV[/82]E+Y97H]?,"JL5ZU?T>).\@[PK MO9_XZ/OP?;I\8=\5OGM\'Z[46LE;V>$'_+S\]O@]\M?Q3_/_/@`3X!]0%?`T MT#0P-[`WB!(4%=04]";8.;@D^$&(;H@PI#M4,C0RM#%T+LPUK#1L9)7QJO6K MKH M%)64K)2!5(/4@M21-)NTO6DS?&]^0SJ4OB:]4T`5_4SU"76%6X6C&?8951EO M,T,S3V9)9_&R^K+ULW=D3^2XYWR]#K6.M:X[5RUW<^[H>J?UM1N@#3$;NC=J M;,S?.+[)8]/1S83-B9M_R#/)*\U[O25L2U>^=N[]]AOF/_CD^%[,)K129%Y44?BEG%U[XR_:KBJX6=L3O[2RQ+#N[" M[.+M&MKML/MHJ71I3NG8'M\][67TLL*RUWNC]EXM7U9>LX^P3[AOI,*GHG._ MYOY=^S]4QE?>J7*N:JU6JMY1/7>`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`#`/>$\_L*#0IE M;F1S=')E86T-96YD;V)J#3DW(#`@;V)J#3P\+U-T96U6(#@X+T9O;G1.86UE M+T%R:6%L350O1F]N=%-T%LM-C8U("TS,C4@,C`P,"`Q M,#`V72]!'1'4W1A=&4\/"]'4S`@.3,@ M,"!2/CX^/B]4>7!E+U!A9V4^/@UE;F1O8FH-,B`P(&]B:@T\/"],96YG=&@@ M,30T,B]&:6QT97(O1FQA=&5$96-O9&4^/G-TZ%FM6U/#Z]9LWM_=WX%W?+4,H#(3V%TPAO>MWN+4QWO5J M%4($J[4W#8,PS&>P*L`N0UP>((JM##[R$+(T#;(85D^>_Q?3)8,EVX@]3%;_ MM-*+03HFZ1"F41#-4=.]Y]]6#8>'K>)2_("EJII:*&G@]]5]8%58L6C0$)&& MU2OOJ_])[?G39.$_<@UQ>(5_80:3OU>_>9VID564\1_8AD/L]-+GL/M@M]Y^ M)%0>$*'KCW?O[_%KBY15,A_TS4DLZ:,HT9FU4K54-4?4U!J6?SS`(II&4"IN M`/=AQS7Y*FJHMQP:P^E8H62M*2>L*%0C:R$WL%8:#-=[4?"38$X@7/0`=.(F M`'@O4;$PH/D&S>6_VQ%F49+M=)0KV6*$Q1<&A5:8UDQMNE[`RF*Y1JY?XP5&PY&;*188QID/;AU'N&T MU71:MCNMRJ:@EKL"JD]56C5N@\D2T-%:V&:9;ECLN^7:-0O29\* MWZAU?6":!WV7O5UY_WJ1(Q%(9K,@7%!O+V`>)L$\))G"2>7!JX*\GS((W19!KDCK\NTD#2*9K&LR!; MG`)X62#M!*(LR$;'7T'W>TENUAN*TC/!B^?G([RS(=U9WSLWMD&UVFG!:M[3 M`G/M4[IZ7(N*:I/2C16^4_CL6[E0=+3OY(-`NI"N`J9C!HQ">&P,\HHQ4+*C M`22RCGX.6^Q_XI^#P`WT9R]*;C^@/FQL9]9P)+*';[\X'TWS:(D*V1%E!DXZ MGT4M1^C6=2Z1("@4TR`SV0&!GK/*EC>;3",?&5"P"OV3\/;^W7Z8CE=H?=?,,;>T!'#,UO"\CSB_HC^ MCC8+M1/(+&B.R2/EAEPN6\])_(4Y@)S%2X&<1,G4?"_X@8!T,"*12?*"H9D] M$EK%:P2@!=Z9RYVYW)DC7OG.,7^V-@;3%^NK2YRQ9([GS^J%$M$&;ZPY`IJ; M&J,6$D<=';3XHP:&!BM#FYK\ ML1$>N)UY[`A;A@3*2@00W6#52Q&?![@F-)TUUT0_0\JZ1GL!K>"4689$;%CV7V"M8=`G"+Y/$M_5J<;!C%N\B'WDEC&'PZR3V.>9-`\+US7+8#:BO?AS&WR8PFT73),ER)`$L\Q!]I/]/?#+-VS6C9>W` M[N/*@R2<=9K(Z#1V"FEAE0YNQ/:RT*T.D`:S3M9/TCP'L>ZNH%%O(,8)V-T* MB(^&2^HY0NA^L,A&#&SNZDU?N<3F0*!Y%\KR'R;/NCD[!R@\5WI#RN(.E_:AG(7&/5KH:@?/&,]-AY)] MW#IE+:S,*1LCOQT)W#F!=E.,TK&FS>0T,KQI_2_``$]FN5(-"F5N9'-T%P-`'``;`!A`&D`;@`@`&8`=0!R`'0`:`!E`'(`(`!Y M`&\`=0!R`"``9`!I`',`8P!L`&\`7!E+T]B:E-T;3X^,5LR M%'EH_OT.=:78;IO&Q&H,6P#GAN*YYSX.1=(1DG$F%!-<,J&9MHX)PW1NF+#, M^9P)Q[P%Q+/".Z8Q!.I)),"SL8R&;T]9Q),EBLF-1PE<'#Q1C`)B!"P M>"0Q*3V@%OXYH$(R!5<-'@6(X3F+U,8HID!E< M9@I\'LDI\'F+.L"7@P M:%`JY&H<8_`9)&/`9SS&X+,H%B[*>L$,^&(_3$S9 M*8:.JIBO!9^WAJ$5*D=_+/AR.+4E("ZF-(>SM2@%^<:4!$BL1TDL;0'\(:6.ZB-U M'?N)DG2.^!Y\.4!OWF3G<=EP=I-=%W4HF]LZA+B"=I]7AB,KNI%N&B M6,75%2&W3ZN0C9MZ?=_B;JJJR0:+XO&QQ=B(>?LV1IF@RQA$15J3MP9ZM$:0 MD604&4W&D+%DB,40BR$62RR66"RQ6&*QQ&*)Q1*+)19++)98'+$X8G'$XHC% M$8LC%M\])!;?.1"+)HBDD2).11!%G(K<%7$J-]/5\U_7`5ZNT'MUFJ)OL"M(]Q5[]7L\;I'U134,VJF_OR/%= M>*CJ\.PY1&_*AATKBP?H83>.TRU=-X[3!PO.OQF:'S#R*U5+(U\+_MOZL9D_ M//W7"A?^FZ&-_O>:?LBRC_]I[`%0H3Y1BP'V73 M>!V-`PZE+ MB9D$K$W`N@2L?QW[W)`\`2MX"EBD@&4*6*6`]Q&/]^!7U8N[U6FXK^JBF5=E MN_HWB^YYT]M%#:I%54^P>['N0U?"\W[=7L?O4Q1R=%=-G_H27+<.1\-XCZ>7 ME=ZM]BTSO<^PH^M8MBH8=3/*[`99?/%*=?W:6O0O:/TU+S0N!2Q3P"H%K%/` M)@5L4\`N!>SW`>>?JY,GJ9.F99*8(DE-D22G2-)3["-H]ZIO=5(D22O<_D&` MWD=<^F*SDU*^OQM>)YZ2DA1):)F$3E)7[J-N=Z9M-4?N);/ZPLWN'RWNS$F5 M[".S[R\M\?]N/.[@7GWMVO+"-KB/;+X38H);GU)M")$0XG4]ON/IM[U=^L_/ M+0I^R)#VI9!_"S``*WB/DPT*96YDFMC.60B/SX*/'@Z>&UP M;65T82!X;6QN#IX;7!T:STB061O8F4@ M6$U0($-O&UL;G,Z<&1F>#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]P9&9X+S$N,R\B/@H@ M("`@("`@("`\<&1F>#I#;VUP86YY/E-E8W5R:71I97,@86YD($5X:&%N9V4@ M0V]M;6ES#I#;VUP86YY/@H@("`@("`@("`\<&1F>#I3;W5R M8V5-;V1I9FEE9#Y$.C(P,#&UL;G,Z>&%P/2)H M='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O(CX*("`@("`@("`@/'AA<#I# M&%P M.D-R96%T;W)4;V]L/@H@("`@("`@("`\>&%P.DUO9&EF>41A=&4^,C`P-RTQ M,2TR,%0Q-3HQ.#HR-2TP-3HP,#PO>&%P.DUO9&EF>41A=&4^"B`@("`@("`@ M(#QX87`Z0W)E871E1&%T93XR,#`W+3$Q+3(P5#$U.C$X.C(Q+3`U.C`P/"]X M87`Z0W)E871E1&%T93X*("`@("`@("`@/'AA<#I-971A9&%T841A=&4^,C`P M-RTQ,2TR,%0Q-3HQ.#HR-2TP-3HP,#PO>&%P.DUE=&%D871A1&%T93X*("`@ M("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@("`@(#QR9&8Z1&5S8W)I<'1I;VX@ M&%P34TZ"UD969A=6QT(CXQ.3,S($%# M5"!214=)4U12051)3TX@4U1!5$5-14Y4/"]R9&8Z;&D^"B`@("`@("`@("`@ M(#PO2A396-U&AA;F=E($-O M;6UIF4@ =.#0^/@T* -----END PRIVACY-ENHANCED MESSAGE-----