SAP and Ness Technologies Extend the Distribution Agreement for Israel
December 23 2005 - 8:16AM
PR Newswire (US)
TEL AVIV, Israel, December 23 /PRNewswire-FirstCall/ -- Ness
Technologies Inc. (NASDAQ:NSTC), a global provider of information
technology solutions and services, today announced that it has
extended its distribution agreement with SAP AG (NYSE:SAP) for the
Israeli market until 2010. For the last 11 years Ness Technologies
has been partnering with SAP in Israel as the product and
professional services arm of SAP in Israel. There are 196 mySAP
installations at Israel's leading companies and organizations with
more than 100,000 end-users. SAP is the leading provider of ERP
solutions in Israel and 15 of Israel's 20 largest corporations use
SAP systems. In addition, SAP serves Israeli government ministries
and agencies. Ness Technologies also partners with SAP worldwide to
deliver innovative ERP solutions. "The extension of the agreement
reflects the excellent ongoing relationship between Ness
Technologies and SAP for the last 11 years," said Ishay Shniadower,
President of Ness Israel's SAP Group. "We are fully committed to
ensuring the success of the partnership between our companies, and
SAP's decision to sign the follow-on agreement is a recognition of
this commitment. The partnership with SAP will continue to be
instrumental for Ness' global expansion." "We are highly satisfied
with the results that have been achieved by Ness Technologies,"
said Sergio Maccotta, Managing Director, SAP Middle East. "Ness
Technologies has positioned SAP as the leading provider of ERP,
CRM, SRM and a variety of industry solutions, in the Israeli
market. We are looking forward to further strengthen our
relationships in the coming years." About SAP SAP is the world's
leading provider of business software solutions*. Today, more than
29,800 customers in over 120 countries run more than 100,600
installations of SAP(R) software-from distinct solutions addressing
the needs of small and midsize enterprises to suite solutions for
global organizations. Powered by the SAP NetWeaver(R) platform to
drive innovation and enable business change, mySAP(TM) Business
Suite solutions are helping enterprises around the world improve
customer relationships, enhance partner collaboration and create
efficiencies across their supply chains and business operations.
SAP industry solutions support the unique business processes of
more than 25 industry segments, including high tech, retail, public
sector and financial services. With subsidiaries in more than 50
countries, the company is listed on several exchanges, including
the Frankfurt stock exchange and NYSE under the symbol "SAP."
(Additional information at http://www.sap.com/) (*) SAP defines
business software solutions as comprising enterprise resource
planning and related software solutions such as supply chain
management, customer relationship management, product life-cycle
management and supplier relationship management. About Ness
Technologies Ness Technologies (NASDAQ:NSTC) is a global provider
of end-to-end IT services and solutions designed to help clients
improve competitiveness and efficiency. Specializing in outsourcing
and offshore, systems integration and application development,
software and consulting, and quality assurance and training, Ness
serves a blue-chip client base of over 500 public- and
private-sector customers. With over 5,900 employees, Ness maintains
operations in 15 countries across North America, Europe and Asia,
and more than 100 alliances and partnerships around the world. For
more information about Ness, 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 of Form 10-K
filed with the Securities and Exchange Commission on March 31,
2005. Ness Technologies media contact: David Kanaan USA: 1-888-
244-4919 Intl: +972-3-540-8188 Email: Allan Jordan (New York) USA:
+1-646-284-9452 Email: Ness Technologies investor contact: Daphna
Golden USA: 1-888-267-8160 Intl: +972-3-766-6816 Email: DATASOURCE:
Ness Technologies Inc CONTACT: Ness Technologies media contact:
David Kanaan, USA: 1-888-244-4919, Intl: +972-3-540-8188, Email: ,
Allan Jordan (New York), USA: +1-646-284-9452, Email: , Ness
Technologies investor contact: Daphna Golden, USA: 1-888-267-8160,
Intl: +972-3-766-6816, Email:
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