Or Yehuda, Israel, May 16, 2018 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged primarily, through its
subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing
proprietary software products, announced today that it had filed its annual report on Form 20-F for the year ended December 31,
2017 with the U.S. Securities and Exchange Commission.
The annual report, which contains the Company's audited consolidated financial statements, can be accessed on
the SEC website at http://www.sec.gov/ as well as via the Company’s website in the Investor Relations section under Financial
Reports.
About Formula
Formula Systems (1985) Ltd. is a global information technology company principally engaged, through its
subsidiaries and affiliates, in providing software consulting services, developing proprietary software products, and providing
computer-based business solutions.
For more information, visit www.formulasystems.com.
Press Contact:
Formula Systems (1985) Ltd.
+972-3-5389487
ir@formula.co.il
Except for any historical information contained herein, matters discussed in this press release might include forward-looking
statements that involve a number of risks and uncertainties. Regarding any financial statements, actual results might vary
significantly based upon a number of factors including, but not limited to, risks in product and technology development, market
acceptance of new products and continuing product conditions, both locally and abroad, release and sales of new products by
strategic resellers and customers, and other risk factors detailed in Formula's most recent annual report and other filings with
the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and the Company
undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events
or otherwise.