EMBLAZE LTD - MATRIX ANNOUNCES Q4 and YEAR END 2007 RESULTS.(Company overview)(Financial report)

PR Newswire UK Disclose, March, 2008

 
                 MATRIX ANNOUNCES Q4 and YEAR END 2007 RESULTS 
 
               RECORD RESULTS ACROSS ALL OPERATIONAL PARAMETERS 
 
Ra'anana, Israel, 13 March 2008 - Emblaze Ltd ("Emblaze or "the Group") (LSE: 
BLZ) announces that Matrix IT Ltd. (TASE: MTRX), a member of the Emblaze/ 
Formula Group (NASDAQ: FORTY and TASE: FORT), ("Matrix" or "the Company"), 
announced its results of operations for the forth quarter and year end of 2007. 
 
Financial Highlights(*) 
 
  * Q4 2007 revenues increased by 24% to $88.5 million, up from $71.6 million 
    in Q4 2006. 
 
  * Revenues for the period ended 31 December, 2007 amounted to $313.9 million, 
    up from $262.4 million in the corresponding period last year. 
 
  * Operational profit for Q4 2007 increased by 35% to $8.0 million...

            
        
    
    	    
                
                
	

		

					 
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