NSTC Ness Technologies, Inc. (MM)

PRAGUE, Czech Republic, September 15 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ:NSTC), a global supplier of IT solutions and services, today announced that its Czech subsidiary, Ness Czech, will deliver a SAP-based ERP system to the Bulgarian division of CEZ, the Czech power utility. The large-scale, multi-million dollar project will be completed by January 1, 2007. CEZ is the biggest electricity producer in the Czech Republic and also operates in other central and eastern European countries, including Bulgaria, where CEZ owns three distribution companies. The new SAP-based ERP system will include modules for financial accounting, asset management, control, liquidity management, logistics, and data warehousing. "In 2005, we took over five power distribution companies in the Czech Republic and needed to unify internal processes within the entire CEZ Group," said Tomas Pleskac, Director of CEZ's Distribution Division. "SAP for Utilities system proved to be an ideal solution that met all our requirements and supported our further expansion. It was the largest integration project in Central European IT conducted by SAP, while Ness was a sub-contractor. That is why we once again selected an ERP system from SAP to be delivered by Ness for our Bulgarian acquisition." "The implementation of SAP for CEZ in Bulgaria is a testimony of Ness' ability to support its clients in their expansion to other markets," said Milan Sames, Managing Director of Ness Czech. "Thanks to cooperation with our sister companies in other Central and East European countries, we can better understand the target market and optimize the total costs of delivery." Ness is a traditional supplier of IT services for leading utility companies in Central and Eastern Europe, and has extensive experience with similar large-scale projects in other sectors as well. 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: David Kanaan USA: 1-888-244-4919 Intl: +972-3-540-8188 Email: Investor contact: Drew Wright USA: 1-888-267-8160 Email: DATASOURCE: Ness Technologies Inc CONTACT: Media contact: David Kanaan, USA: 1-888-244-4919, Intl: +972-3-540-8188, Email: . Investor contact: Drew Wright, USA: 1-888-267-8160, Email:

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