Herzlia, Israel – March 21, 2013- BluePhoenix (www.bphx.com) (NASDAQ: BPHX), the legacy application lifecycle company, announced release of their Cloud Transaction Engine and Batch In The Cloud Service. The Cloud Transaction Engine (CTE) is a module of the company’s soon-to-be-released ATLAS Platform. CTE is a proprietary codebase that enables mainframe processes to be run from off-mainframe infrastructure. BluePhoenix’s Batch In The Cloud service is the first formal offering leveraging CTE capabilities. "Batch In The Cloud uses off-mainframe, cloud-based processing power to reduce mainframe MIPS and total cost of ownership," explains Rick Oppedisano, BluePhoenix’s Vice President of Marketing. "The huge array of virtual machines in the cloud brings greater performance and scalability than the mainframe. Jobs can be processed quicker at a lower cost. It’s a great way for customers to save money immediately and explore options for an eventual mainframe transition." Please read attached release for more.