Magic receives order from Fiat to license RentPro; Order for vehicle management system estimated at more than USD2 million.

0 Comments | M2 Presswire, September, 2001

M2 PRESSWIRE-3 September 2001-MAGIC SOFTWARE: Magic receives order from Fiat to license RentPro; Order for vehicle management system estimated at more than USD2 million (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:03092001 Bracknell, UK -- Magic Software Enterprises (Nasdaq: MGIC), a leading provider of state-of-the-art application development technology and business solutions, has announced that its subsidiary, Magic Rental Technologies, Inc.

(MRTI), has received a purchase order estimated to exceed $2 million from GM-Fiat Worldwide Purchasing Italia for Targa Rent ("Fiat"). Under the terms of the purchase order, Fiat is licensing RentProT, MRTI's Magic-based vehicle rental management system, to implement throughout its operations in Europe and in three...