April 24, 2014 3:33 PM ET

Software

Company Overview of OptiSystems Solutions Ltd.

Company Overview

As of August 8, 2000, OptiSystems Solutions Ltd. was acquired by BMC Software Inc. In August 2000, OptiSystems Solutions, Ltd. completed a merger with Hansen Acquisitions, Ltd., a wholly owned subsidiary of BMC Software, Inc., pursuant to which OptiSystems became a wholly owned subsidiary of BMC Software. Previously, OptiSystems Solutions, Ltd. provided enterprise application management software for the SAP and IBM markets. The company's energizer performance management environment technology managed application performance and availability in real time.

3b Netanyahu Street

Or Yehuda,  60376

Israel

Phone:

972 3 538 7333

Fax:

972 3 533 2521

Key Executives for OptiSystems Solutions Ltd.

OptiSystems Solutions Ltd. does not have any Key Executives recorded.

OptiSystems Solutions Ltd. Key Developments

SEC Revokes Registration Of Securities Of OptiSystems Solutions

On July 26, 2012, the Securities and Exchange Commission (SEC) revoked the registration of each class of registered securities of OptiSystems Solutions Ltd. for failure to make required periodic filings with the Commission. Without admitting or denying the findings in the Order, except as to jurisdiction, which it admitted, OptiSystems Solutions Ltd. consented to the entry of an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to OptiSystems Solutions Ltd., finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Rules 13a-1 and 13a-13 there under and revoking the registration of each class of the company’s securities pursuant to Section 12(j) of the Exchange Act.

SEC Orders Hearing On Registration Suspension Or Revocation Against OptiSystems Solutions

On July 10, 2012, the Securities and Exchange Commission (SEC) instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registrations of each class of the securities of OptiSystems Solutions Ltd. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company is delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the Administrative Law Judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The Administrative Law Judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.

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