NSTC Ness Technologies, Inc. (MM)

HACKENSACK, New Jersey, December 28 /PRNewswire-FirstCall/ -- Ness Technologies (NASDAQ:NSTC), a global provider of IT services and solutions, today announced that it has been awarded a multi-year offshore development contract by InfoVista, a leading provider of service-centric performance management software. Under the terms of the contract, Ness Technologies will establish an R&D center for InfoVista at Ness Technologies' offshore facility in Bangalore, India. The new R&D center, called InfoVista Bangalore Extended Development Center (EDC), will complement InfoVista's existing R&D resources located in Paris, France. InfoVista Bangalore EDC will provide InfoVista with development, maintenance and testing services. The new extended development center is expected to help InfoVista speed time-to-market and reduce development cost. "After evaluating a range of potential partners over a five-month period, we selected Ness as our offshore development partner due to their demonstrated success building, operating and transferring technology for over 30 independent software vendors to date," said Manuel Stopnicki, chief technology officer, InfoVista. "Further, their EDC methodologies, based on best practices and backed by well-defined SLAs, give us confidence we've selected a partner we can count on to assist in meeting our aggressive R&D plans on time and within budget." "Our partnership with InfoVista further demonstrates our strength in the high-end infrastructure and network performance management domain," said Shashank Samant, President of Ness Managed Strategic Services (MSS). "The decision of InfoVista reflects the success of our proven Managed Labs model in addressing the needs of highly sophisticated independent software vendors." Ness Technologies provides outsourcing services from its offshore centers in India - in Bangalore, Mumbai and Hyderabad - 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 centers house outsourced software R&D labs for 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 InfoVista InfoVista is the Service-Centric Performance Management Software Company that assures the optimal delivery of business-critical IT services. Driven by a uniquely adaptive and real-time technology foundation, InfoVista solutions improve business effectiveness, reduce operating risk, lower cost of operations, increase agility and create competitive advantage. Eighty percent of the world's largest service providers as ranked by Fortune(R), as well as leading Global 2000 enterprises, rely on InfoVista to enhance the business value of their technology assets. Representative customers include ABN AMRO, Allstream, Banques Populaires, AXA, Banque de France, Bell Canada, British Telecom, Broadwing Communications, Cable & Wireless, Com Hem, Defense Information Systems Agency (DISA), Deutsche Telecom, France Telecom, Savvis Corporation, SingTel, Telefonica, US Cellular. A Software Magazine 500 company, InfoVista stock is traded on the NASDAQ (IVTA) and on Eurolist by Euronext (FR0004031649). For more information about the company, please visit http://www.infovista.com/. 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 7,500 employees, Ness maintains operations in 16 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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