PRESS RELEASE

                  Magic Software Closes a Software License Deal
                           with Vishay Intertechnology

       Magic Software Will Deliver the iBOLT Integration Suite and uniPaaS
                 Application Platform to Vishay Intertechnology

Or Yehuda, Israel, February 3, 2010 - Magic Software Enterprises Ltd. (NASDAQ:
MGIC), a global provider of application platforms and business and process
integration solutions, today announced the closing of an iBOLT business
integration suite and uniPaaS application platform software license sale to
Vishay Intertechnology, Inc., (NYSE:VSH), a Fortune 1,000 company and one of the
world's largest manufacturers of discrete semiconductors and passive electronic
components.

Vishay Intertechnology selected Magic Software's iBOLT integration suite and
uniPaaS application platform after a proof-of-concept demonstrating agile
development, straightforward integration and reliability with their existing
data and systems such as SAP ERP R/3 and many others.

"Like many large enterprises, Vishay Intertechnology has experienced healthy
organic growth that if not managed properly could result in business processes
that are strained, inflexible and complex due to diverse databases, operating
systems and business application software landscapes," said Seth Slivka, Senior
Vice President of Global IT for Vishay. "We will be able to use the business
process integration capabilities of iBOLT and the latest Rich Internet
Applications (RIA) of uniPaaS to present a single face to the customer. We are
sure that our decision will contribute to our operational efficiency, revenue
and profitability by leveraging our investments in existing IT infrastructure."

With more than 50 iBOLT adapters, wizards, services and methods, iBOLT allows
any size organization to create continuous business processes based on SAP ERP
R/3 and other enterprise systems, while Magic Software's meta-data based uniPaaS
requires only a single skill set to create applications that can deploy with
client-server, Web, mobile or browser-free RIA interfaces.

"This is a moment of pride for Magic Software adding Vishay Intertechnology to a
group of Fortune 1,000 companies using our technology to empower their
business," said Regev Yativ, President and CEO of Magic Software Enterprises
Americas. "Vishay has a stellar reputation for innovation and customer service
as well as a unique history and high reputation. We see this deal as the first
step in a strategic partnership between the companies. In addition to the
license sale announced today, we look forward to assisting Vishay with
professional services and international support needed to accomplish their
vision and business goals for the coming years."

iBOLT simplifies integration of business applications used for enterprise
resource planning (ERP), customer relationship management (CRM), logistics,
supply chain management and other enterprise systems. iBOLT is based on Magic
Software's uniPaaS application platform, which provides additional capabilities
to develop business applications that can deploy across diverse operating
systems, databases and various client types such as web applications,
browser-free RIA applications and client-server programs.

Notes for Editors
iBOLT's code-free approach is facilitated by a pre-compiled and pre-configured
coding engine based upon Magic Software's 25 years of application development
experience. This enables both simple and complex business processes to be
designed and implemented quickly and easily - and also makes it more
cost-efficient to assimilate and integrate future IT application acquisitions.

iBOLT works natively with systems such as SAP Business One, SAP R/3,
Salesforce.com, Oracle JD Edwards, IBM i applications and databases
(AS/400),Lotus Notes applications, Microsoft Dynamics CRM, SharePoint, forms and
databases, EDI systems, and many more. The iBOLT Integration Suite includes
support for native SAP technologies such as the RFC API, BAPI and IDOC. The
iBOLT business and process integration suite has won SAP's quality and
innovation awards for three consecutive years and is rated 5 out of 5 stars on
Salesforce.com's AppExchange.




uniPaaS is an application platform enabling Enterprises and Independent Software
Vendors (ISVs) to deliver business applications that minimize project risk and
associated costs. It also enables organizations to deploy business applications,
from the same code-base, in any mode including Full Client, Rich Internet
Applications (RIA), mobile and Software-as-a-Service (SaaS).

About Vishay Intertechnology
Vishay Intertechnology, Inc., a Fortune 1,000 Company listed on the NYSE (VSH),
is one of the world's largest manufacturers of discrete semiconductors (diodes,
rectifiers, transistors, and optoelectronics and selected ICs) and passive
electronic components (resistors, capacitors, inductors, sensors, and
transducers). These components are used in virtually all types of electronic
devices and equipment, in the industrial, computing, automotive, consumer,
telecommunications, military, aerospace, and medical markets. Its product
innovations, successful acquisition strategy, and ability to provide "one-stop
shop" service have made Vishay a global industry leader. Vishay can be found on
the Internet at http://www.vishay.com.

About Magic Software
Magic Software Enterprises Ltd. (NASDAQ: MGIC) is a global provider of
multiple-mode application platform solutions - including Full Client, Rich
Internet Applications (RIA), Mobile or Software-as-a-Service (SaaS) modes - and
business and process integration solutions. Magic Software has 10 offices
worldwide and a presence in over 50 countries with a global network of ISV's,
system integrators, value-added distributors and resellers, and consulting and
OEM partners. The company's solutions give partners and customers the power to
leverage existing IT resources, enhance business agility and focus on core
business priorities. For more information about Magic Software and its products
and services, visit www.magicsoftware.com, and for more about our industry
related news, business issues and trends, read the Magic Software Blog.

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.

Magic is the trademark of Magic Software Enterprises Ltd. All other trademarks
are the trademarks of their respective owners.

Magic Software Media Contacts:

                                                                     
USA                                       UK                               Other
Cathy Caldeira                            Ranbir Sahota                    Glenn Johnson
Metis Communications                      Vitis PR Agency                  Magic Software
Tel: +1-617-236-0500                      Tel: +44 (0)121 242 8048         Tel. +1 949 250 1718
Email: magicsoftware@metiscomm.com        Email: ranbir@vitispr.com        Email: gjohnson@magicsoftware.com