Emblaze

Fortissimo invested in Emblaze in 2009 through both Fund I and Fund II, with each fund holding an 8% interest in the company. Below is a brief description of Emblaze and each of its subsidiaries. Emblaze (LSE: BLZ), holds a controlling interest in Formula Systems Ltd (Nasdaq: FORTY), which controls three publicly traded technology companies, Matrix, Magic and Sapiens. In addition, Emblaze has several initiatives in the mobile device arena. The chart below identifies each of these activities and the respective holdings, followed by a brief description of each entity.

Formula Systems (1985) Ltd. (NASDAQ & TASE: FORTY) is the parent company of subsidiaries and affiliates that are engaged in two principal business areas: IT services and proprietary software solutions. Through its subsidiaries, Formula offers a wide range of integrated IT solutions and services, including the design, development and marketing of proprietary software solutions for sale in selected niche markets. Formula delivers its solutions in over 50 countries worldwide to customers with complex IT services needs, including a number of “Fortune 1000” companies.

To learn more about Formula, please visit: www.formulasystems.com

Magic Software Enterprises Ltd. (NASDAQ & TASE: MGIC) develops, markets and supports composite application development and deployment platforms with a service-oriented architecture (SOA), including application integration and business process management (BPM), with existing and legacy systems.

To learn more about Magic, please visit: www.magicsoftware.com

Sapiens International Corporation N.V. (NASDAQ & TASE: SPNS), is a global provider of IT solutions that modernize business processes to enable insurance and other companies to quickly adapt to changes. Sapiens’ solutions, sold as customizable software modules, align IT with business demands for speed, flexibility and efficiency. To learn more about Sapiens, please visit: www.sapiens.com.

Matrix IT Ltd. (TASE: MTRX), is one of Israel’s leading integration and information technology services companies. Matrix is active in four principal areas: software solutions and services, software products, infrastructure solutions and hardware products, and training and assimilation. To learn more about Matrix, please visit: www.matrix.co.il

ZONE-IP Ltd. (LSE:ZIP) is focused on Internet Protocol (IP) related services leveraging on the increasing demand for communication tools using IP standards as corporations worldwide move to replace and converge their legacy analog systems into more advanced IP based products. To learn more about ZONE-IP, please visit www.zone-ip.com

Emblaze V CON is a provider of wireless video communications technologies and conferencing solutions for operators and enterprise markets over IP networks. Emblaze V CON designs, develops, manufactures and markets high-performance, feature-rich desktop and group videoconferencing systems, designed for a variety of networks, including those based on Internet Protocols, as well as infrastructure servers to manage the video network and related services. To learn more about Emblaze V CON, please visit: www.emblaze-vcon.com

emoze Ltd., delivers seamless and secure push email and PIM (Personal Information Management) services across all wireless networks. Free mobile push email from emoze is revolutionizing the way companies and individuals communicate - enabling real-time email connectivity for a fraction of the expense offered by traditional vendors. To learn more about emoze, please visit: www.emoze.com

Emblaze Mobile Ltd. is a technology design house for cutting-edge mobile handsets. Founded in 2001 and headquartered In Israel, Emblaze Mobile develops next generation innovative cellular devices, utilizing state of the art Israeli technology and cooperating with global wireless players for manufacturing and global distribution. To learn more about Emblaze Mobile, please visit:www.emblazemobile.com