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Home > Company Index > Computer Software & Services > Information Technology Consulting Services & Maintenance > Formula Systems (1985) Ltd.

Formula Systems (1985) Ltd.
Nasdaq: FORTY
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 NEWS FROM THE WIRES
Formula shares rise on report of new investor deal
Aug 21 2001 02:52 AM PDT

Formula to list unit with Romtec takeover
Aug 12 2001 02:53 AM PDT

Vodafone says plans to list J-Phone
Jul 30 2001 01:41 AM PDT

Israel's Formula to spin off Mashov unit
Jul 30 2001 01:38 AM PDT

More WIRE STORIES about this company

 PROFILE
Formula Systems (1985) uses a recipe that appeals to many tastes. The company, through subsidiaries including ForSoft and Crystal Systems, develops and distributes software including applications for air traffic control, banking, electronic commerce development, utilities, computer imaging, telecommunications, broadcasting, and telemarketing. Formula Systems' information technology (IT) operations include systems integration, consulting, application development, and IT training. The company also invests in development-stage IT firms through its Formula Ventures arm. Formula Systems subsidiaries are expanding worldwide through acquisitions and alliances with companies such as Microsoft and Motorola.

 COMPETITION
Cap Gemini Ernst & Young (CAP)
Electronic Data Systems Corporation (EDS)
International Business Machines Corporation (IBM)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 405.70
1-Yr. Sales Growth: 20.9%
Employees: 4,000
Revenue per employee: $101,425.00

 KEY PEOPLE
• Dan Goldstein
    CEO
• Naamit Salomon
    CFO

 CONTACT INFO
3 Hagalim Blvd.
Herzliyya 46120, Israel
Phone: 972-9-959-8888
Fax: 972-9-959-8877
Online: Web Site

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