Emblaze Ltd (LSE:BLZ)

('Emblaze' or 'the Company')

Notification of Director's Interest

Ra'anana, Israel - 18 March 2009: Following the announcement dated 12 March 2009, Emblaze announces that Eli Reifman has informed the Company that the Tel Aviv District Court has allowed him to vote for his shares at the Company's EGM scheduled for 18 March 2009.

Enquiries:

Harry Chathli, Corfin Communications     +44 (0)20 7977 0020

About Emblaze

Emblaze Ltd is a group of technology companies addressing both growth and innovation activities thus combining the stability of 'bread and butter' mature technology enterprises with 'high-risk / high-reward' investments in innovation. 

Our Growth arm includes Formula Systems (NASDAQ: FORTY and TASE: FORT), which harbors the following subsidiaries: 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; Matrix IT Ltd. (TASE: MTRX) is one of Israel's leading integration and information technology services companies, active in four principal areas: software solutions and services, software products, infrastructure solutions and hardware products, and training and assimilation.; Sapiens International Corporation N.V. (NASDAQ & TASE: SPNS) is a provider of IT solutions that modernize business processes to enable insurance and other companies to quickly adapt to changes; and nextSource Inc., designs, develops and implements web-based, high quality, innovative human capital management solutions.

Our Innovation arm includes Emblaze Mobile, a designer of advanced mobile devices; EMOZE, a provider of Push Email and synchronisation technology for mobile devices; and ZONE-IP (LSE: ZIP) (Emblaze V CON), a provider of wireless video communications technologies and conferencing solutions for operators and enterprise markets over IP networks. 

The Emblaze Group is traded on the London Stock Exchange (LSE: BLZ) since 1996. www.Emblaze.com