Ness Technologies Wins Tender With Israel Electric Corporation

HACKENSACK, New Jersey, October 20 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider of information technology solutions and services, announced today that it has won - together with other companies - a tender to implement and test SAP systems at Israel Electric Corporation (IEC). Ness also won a tender for training and deployment of these systems. This is an expansion of an SAP deployment and implementation project completed by Ness for IEC a few months ago. The project is valued at tens of millions of Israeli Shekels.

The project will include expansion and deepening of additional modules within the SAP system, including a working process management module in SAP Project Systems (PS) that will include, in the first phase, management of Emergency Economy projects as defined by the government, and will be expanded in the future to all projects, as well as a time reporting system that provides a complementary interface to PS. The modules that will be expanded also include a maintenance module for the IEC's production and transformation divisions, which will include the operation of IEC's power stations.

The implementation, testing and training project will enable IEC to integrate several systems and modules into one SAP integrated system, saving cost and streamlining their working processes.

The training project will include thousands of end-users, preparation of training and deployment kits in power stations in a country-wide deployment, including phone-based support. Training will be conducted by staffs of trainers and deployment professionals.

"Ness offered IEC a high quality and professional solution at all levels (including implementation, testing, training and deployment), that shows our high capabilities and our extensive experience in complicated integration projects, as well as our deep familiarity with IEC's IT systems, thanks to previous projects conducted by us for them," said Effi Kotek, President of Ness Israel. "This is a series of projects, each of which is very complicated, and includes many employees and tens of sub-activities. The projects that Ness will deliver are designated for the IEC's core business processes."

About Ness Technologies

Ness Technologies (NASDAQ: NSTC and TASE: NSTC) is a global provider of IT and business services and solutions with specialized expertise in software product engineering; system integration, application development and consulting; and software distribution. Ness delivers its portfolio of solutions and services using a global delivery model combining offshore, near-shore and local teams. With about 7,800 employees, Ness maintains operations in 18 countries, and partners with numerous software and hardware vendors worldwide. For more information about Ness Technologies, visit http://www.ness.com.

Forward Looking Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are preceded by words such as "believes," "expects," "may," "anticipates," "plans," "intends," "assumes," "will" or similar expressions. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Ness' actual results could differ materially from those anticipated in these forward looking statements as a result of various factors. Some of the factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include the "Risk Factors" described in Ness' Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 16, 2009. Ness is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of such changes, new information, subsequent events or otherwise.

    Media Contact:

    David Kanaan
    Intl: +972-54- 425-5307
    Email: media.int@ness.com

    Investor Relations Contact:

    Drew Wright
    USA: +1-201-488-3262
    Email: investor@ness.com

SOURCE Ness Technologies Inc