Ness Technologies Appoints Ofer Segev as Executive Vice President & Chief Financial Officer
March 01 2007 - 4:00AM
PR Newswire (US)
HACKENSACK, New Jersey, March 1 /PRNewswire-FirstCall/ -- Ness
Technologies, Inc. (NASDAQ:NSTC), a global provider of IT services
and solutions, today announced that it has appointed Mr. Ofer Segev
as Executive Vice President and Chief Financial Officer, effective
April 1, 2007. Segev brings to Ness Technologies over 20 years of
experience in strategic financial management. Prior to joining Ness
Technologies, he served from 2003 as Chief Financial Officer of
Attunity (NASDAQ:ATTU), a provider of service-oriented software and
solutions in the workplace applications market. Previously, Segev
was the Chief Executive Officer and Chief Financial Officer of
TeleKnowledge, a content commerce platform vendor; and prior to
that he was the Chief Financial Officer of Tundo, a developer of an
IP-based voice and media services platform. Before joining Tundo,
Segev was a partner at Ernst & Young Israel, where he led the
high-tech industry practice group, and participated in over 20
public offerings in the US. In addition, he was a member of the
technology steering committee of Ernst & Young International.
Segev holds a B.A. in economics and accounting from Bar Ilan
University in Israel, and has studied at the Kellogg School of
Management at Northwestern University. "We are delighted to welcome
Ofer to our senior management team," said Sachi Gerlitz, the
incoming President and Chief Executive Officer of Ness
Technologies. "With his more than 20 years' financial experience,
and his experience in the high-tech industry, Ofer is the ideal
person to build on the strong financial foundation of the Company.
I am confident that he will make a significant contribution to
Ness." "I am excited to join Ness Technologies and I look forward
to working with the management team to help run the company and to
continue delivering shareholder value," said Ofer Segev. "I am
honored to be part of such a talented and visionary team of
executives and a part of such an outstanding company." 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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