Conference Call Details

Arik Kilman, Chief Executive Officer, Varda Sagiv, Chief Financial Officer and David Leichner, Chief Marketing Officer will discuss the fourth quarter and year end results and will be available to answer questions. The conference call will be held on Thursday January 31st, 2008 at 10am EST (17:00 Israel Time). Interested parties are welcome to call the telephone numbers listed below, five to ten minutes prior to the start of the conference call.

In the US: (800) 230-1096 and outside the US: (612) 332-0720. Callers should reference “BluePhoenix Fourth Quarter and Year End Results” to the AT&T conference call operator.

An automated replay of the conference call will be available from January 31 at 2:00pm until February 6th at 11:59pm (EST). To access the replay please call US: (800) 475-6701 outside the US: (320) 365-3844 and enter BluePhoenix Solution’s access code of 907467.

The replay will be available from February 7th onward at www.bphx.com.

Conference Call Details:

Arik Kilman, Chief Executive Officer, Varda Sagiv, Chief Financial Officer and David Leichner, Chief Marketing Officer will discuss the third quarter results and will be available to answer questions. The conference call will be held on Monday October 29th, 2007 at 10am EST (16:00 Israel Time).

Interested parties are welcome to call the telephone numbers listed below, five to ten minutes prior to the start of the conference call.

In the US: (800) 230-1951 and outside the US: +1-(612)-332-0718.

Callers should reference “Third Quarter Results on October 29th, 2007” to the AT&T conference call operator.

An automated replay of the conference call will be available from October 29th at 3:15pm until October 31st at 11:59 PM (EST). To access the replay please call US: (800)-475-6701 outside the US: +1-(320)-365-3844 and enter BluePhoenix Solution’s access code of 890530.

The replay will be available from November 1st onward at www.bphx.com.