Ness Technologies and Apere Announce Strategic Partnership to Facilitate Intellectual Property Protection and Regulatory Complia
September 18 2006 - 8:00AM
PR Newswire (US)
HACKENSACK, New Jersey and SAN JOSE, California, September 18
/PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ:NSTC), a
global provider of IT services and solutions, and Apere, Inc., a
leading developer of network security solutions, today announced a
strategic partnership. Under the agreement, Ness will leverage
Apere's Identity Managed Access Gateway (IMAG) to help its growing
healthcare and financial services customer base meet intellectual
property protection and regulatory requirements. Apere's flagship
product, IMAG, combines two primary features - identity management
and access control - into a single network appliance. IMAG manages
identities across multiple, disparate identity stores throughout
the network, and controls access to network resources based on
identity policies. IMAG provisions, manages and protects access
from partner networks to enterprise resources by automatically
identifying network and application access rights. This enables
enterprises to seamlessly protect and document access to their
resources from partners and branch offices. "Identity management
continues to be a key issue for many of our financial services and
healthcare customers," said Rajkumar Velagapudi, President of Ness
Innovative Business Services (Ness IBS). "Implementing an
infrastructure that can maintain strict control over information
and monitor regulatory compliance, typically involves large capital
outlays and many months or years of effort before any value is
delivered. Utilizing Apere's IMAG appliance, Ness will offer its
customers the ability to monitor compliance at the network level in
a matter of weeks." The combination of Apere's IMAG solution and
Ness' extensive expertise in applications and networks will be
leveraged to address the complex intellectual property protection
issues and regulatory requirements faced by Ness' financial and
healthcare outsourcing customers, both onshore and offshore. Ness
and Apere will work together to assess customers' specific needs,
and will define and implement a comprehensive solution using
Apere's IMAG. "Enabling enterprises to meet changing regulatory
requirements and protect corporate assets was our primary objective
in developing IMAG," said Ram Jayam, founder and CEO of Apere.
"We're very proud to be partnering with Ness Technologies, a
worldwide leader in the IT services market, to help their customers
meet those overwhelming challenges with a solution that efficiently
provisions, protects and audits access to enterprise networks."
Ness IBS offerings for the financial services and healthcare
industries include solutions for wealth management, transfer agency
and investment management operations, research and trade
operations, payer/provider revenue management, customer software
engineering and packaged products implementation. Ness IBS clients
include Franklin Templeton, Standard & Poor's, Finaplex Inc.,
PayPal, Wells Fargo Bank, Weiss Ratings, ING Investments, Pfizer,
Sanofi, Merck and Kaiser Permanente, among others. 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/. About Apere, Inc. Headquartered in San Jose,
CA, Apere was founded in 2004 by successful serial entrepreneurs
who leveraged their experience and expertise in the security, IC
design and software markets to create the industry's first Identity
Managed Access Gateway designed to address the security of
sensitive data while significantly reducing the management burden
placed on IT staff. The IMAG product line is available exclusively
through Apere's Team Partners who are certified security experts
with the knowledge and resources needed to solve enterprise
security issues with the IMAG security appliance platform. For more
information, visit the company website at http://www.apere.com/,
contact Apere via phone at +1-877-875-9476 or via email at .
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. Ness Technologies media contact:
David Kanaan Ness Technologies USA: 1-888-244-4919 Intl:
+972-3-540-8188 Email: Ness Technologies Investor contact: Drew
Wright Ness Technologies USA: 1-888-267-8160 Email: Apere media
contact: Denise Behringer Idone Lutchansky Communications for Apere
Inc. USA: +1-631-472-0342 Email: DATASOURCE: Ness Technologies Inc
CONTACT: Ness Technologies media contact: David Kanaan, Ness
Technologies, USA: 1-888-244-4919, Intl: +972-3-540-8188, Email: ;
Ness Technologies Investor contact: Drew Wright, Ness Technologies,
USA: 1-888-267-8160, Email: ; Apere media contact: Denise Behringer
Idone, Lutchansky Communications for Apere Inc., USA:
+1-631-472-0342, Email:
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