Formula Systems (1985) Ltd.
3 Abba Eban Boulevard
PO Box 2062
Herzliya,
46120
Israel - Map
Phone: 972 9 959 8800
Fax: 972 9 959 8877
Web Site: http://www.formulasystems.com
| Formula Systems (1985) Ltd., through its subsidiaries, engages in the development, production, and marketing of information technology (IT) solutions and services. It operates through two segments, IT Services and Proprietary Software Solutions. The IT Services segmentÂ’s activities include applications development, systems integration, migration of IT platforms, IT consulting, e-services, outsourcing, conversion services, application and implementation of ERP and CRM systems, and importing software products, as well as operating a training school. This segment also provides system development lifecycle services, including the definition of business requirements, system analysis, technical specifications, coding, testing, training, implementation, and maintenance. The Proprietary Software Products segment designs, develops, and markets software solutions for law enforcement, car rental, banking and finance, telecommunications, CRM systems, re-engineering, and long term care and insurance industries. This segment also provides Sapiens eMerge, a rules-based application development suite, which enables solution development for complex mission-critical enterprises. Formula Systems (1985) Ltd. was founded in 1985 and is headquartered in Herzlia, Israel. |
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| Key Statistics |
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| | Pay | Exercised | Mr. Guy Bernstein , 41
Chief Exec. Officer |
N/A
| N/A |
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Dollar amounts are as of
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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1.09% Nasdaq 
0.15 (1.38%) 
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