Key Developments: Bluephoenix Solutions Ltd (BPHX.O)

BPHX.O on Consolidated Issue listed on NASDAQ Global Market

4.25USD
15 Apr 2014
Price Change (% chg)

$-0.10 (-2.30%)
Prev Close
$4.35
Open
$4.27
Day's High
$4.27
Day's Low
$4.25
Volume
550
Avg. Vol
1,576
52-wk High
$5.11
52-wk Low
$3.19

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Latest Key Developments (Source: Significant Developments)

BluePhoenix Solutions Ltd Announces Appointment Of Chief Financial Officer
Tuesday, 30 Apr 2013 08:47am EDT 

BluePhoenix Solutions Ltd announced the appointment of Rick Rinaldo to the position of Chief Financial Officer and Carla Corkern to the Company's Board of Directors.  Full Article

BluePhoenix Solutions Ltd Signs Deal To Deliver Modernized Insurance and Financial System To UK Provider
Monday, 25 Jun 2012 11:00am EDT 

BluePhoenix Solutions Ltd announced that it has started a project with a insurance and financial services provider in the UK to convert from a legacy platform of Natural Adabas running on DEC-Alpha equipment to a Microsoft C# and SQL Server based environment. BluePhoenix has been hired to convert around 1.5 million lines of code and almost 300 Adabas files.  Full Article

BluePhoenix Solutions Ltd To Sell Knowledge Management Business
Thursday, 14 Jun 2012 12:01pm EDT 

BluePhoenix Solutions Ltd announced that it has entered into an agreement for the sale of its subsidiary BluePhoenix Knowledge Management Systems. BluePhoenix will use the proceeds of the sale to continue to pay down the debt of the Company leaving less than $0.6 million dollars in total outstanding loans to the banks. The structure of the deal includes cash and a combination of future professional services and consulting fees. This sale is part of the strategic plan of the Company to focus on the Legacy Modernization business. The closing is subject to certain terms and conditions specified in the agreement.  Full Article

BluePhoenix Solutions Ltd Makes Chief Executive Officer Change
Thursday, 14 Jun 2012 11:59am EDT 

BluePhoenix Solutions Ltd announced the planned restructuring of the management team. Shimon Bar-Kama has resigned from the position of Chief Executive Officer(CEO) of BluePhoenix so he can rejoin the Board of Directors, effective immediately. Matt Bell, who is currently the Company President, will now be President & CEO. Mr. Bar-Kama will continue as an employee of the Company until early August.  Full Article

BluePhoenix Solutions Ltd Announces Resignation of Chief Executive Officer, Mr. Shimon Bar-Kama; Appoints Mr. Matt Bell as Replacement-Complete Story
Monday, 11 Jun 2012 08:00pm EDT 

BluePhoenix Solutions Ltd announced that its Chief Executive Officer, Mr. Shimon Bar-Kama, has resigned from the position of Chief Executive Officer at the Company effective June 12, 2012. The Company has appointed Mr. Matt Bell as its new Chief Executive Officer, with effect from June 12, 2012.  Full Article

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