NSTC Ness Technologies, Inc. (MM)

MUMBAI, India, September 12 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ:NSTC), a global provider of information technology solutions and services, today announced the inauguration of its second delivery center in Mumbai. The facility was officially opened by Raviv Zoller, President and CEO of Ness Technologies and Balram Pal, Senior Vice President and Managing Director, Ness UK. The new delivery center, located at Interface-11, New Link Road, Malad (W), will house a total of 480 employees spread over a total area of 43,000 square feet, across two phases. Phase I, commissioned today, houses 210 employees. The new facility is an extension to Ness' existing facility in Mumbai, which houses 450 employees across 40,000 square feet in Mindspace. The new delivery center was specifically planned according to global design trends and has a world class IT infrastructure, including advanced connectivity infrastructure and energy saving hardware. The center has also been planned in accordance with ISO 27001 requirements. "The investment in the new Mumbai center reflects our response to increased demand from UK-based clients, as well as our continued strategic commitment to offshore outsourcing," said Raviv Zoller, President and CEO of Ness Technologies. "The new center will provide Ness' UK customers with innovative services backed by world-class technological excellence." Ness has been present in the UK since 1999 and currently offers information technology services outsourcing across banking and financial services, telecom, media and entertainment, Independent Software Vendors (ISVs) and retail verticals. "Ness UK has seen a tremendous growth in its offshore business over the last 20 months," said Balram Pal, Senior Vice President and Managing Director, Ness UK. "The UK unit's growth, from a small 20-person team in the Mumbai offshore center in January 2005, to over 200 employees in 20 months, is strong testimony of the hard work and collaboration between the distributed business development and delivery teams, and the faith our customers have in us. We are moving into the new facility with Phase II kicking-off shortly, given our aggressive growth plans." Ness Technologies provides outsourcing services from its offshore centers in India - in Bangalore, Mumbai, Hyderabad and Chennai - and from its centers in Israel, Eastern Europe and Asia-Pacific. Ness offers end-to-end business solutions designed to help clients improve their competitiveness and effectiveness, encompassing all technologies and IT services related to that process. Ness' offshore and near-shore centers house outsourced software R&D labs for 30 independent software vendors (ISVs), as well as applications development, maintenance and support for information technology and information systems organizations. Ness Technologies has been named to Global Outsourcing 100, the International Association of Outsourcing Professionals' (IAOP) list of the world's top outsourcing service providers. Ness has been selected in the Leaders Category of the list, excelling in customer satisfaction and depth of competence. In addition, Ness Technologies has been ranked as one of the top 10 specialty application development leaders on Global Services 100, Global Services' list of the world's most innovative providers of business and technology services. The Company has also been ranked by Brown-Wilson Group as one of the top 50 best managed global outsourcing vendors. 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. Ness specializes in outsourcing and offshore, systems integration and application development, software and consulting, and quality assurance and training. With 7,000 employees, Ness maintains operations in 15 countries, and partners with over 100 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 of Form 10-K filed with the Securities and Exchange Commission on March 15, 2006. Media contact in India: Sameer Kanwar Ness Technologies Tel.: +91-98-20032012 E-mail: International media contact: David Kanaan Ness Technologies USA: +1-888-244-4919 Intl: +972-3-540-8188 Email: Investor contact: Drew Wright Ness Technologies USA: +1-888-267-8160 Email: DATASOURCE: Ness Technologies Inc CONTACT: Media contact in India: Sameer Kanwar, Ness Technologies, Tel.: +91-98-20032012, E-mail: ; International media contact: David Kanaan, Ness Technologies, USA: +1-888-244-4919, Intl: +972-3-540-8188, Email: ; Investor contact: Drew Wright, Ness Technologies, USA: +1-888-267-8160, Email:

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