NSTC Ness Technologies, Inc. (MM)

HACKENSACK, New Jersey, December 4 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ:NSTC), a global provider of IT services and solutions, today announced that Crain's New York Business magazine has named Ness the 7th largest software company in the New York area, advancing from last year's 10th position. The list ranked New York area's largest 25 software companies by number of local development personnel. "We are proud to be included in this prestigious list and be recognized as a leader in this strategically important geography within the world's largest IT services market," said Sachi Gerlitz, President and CEO of Ness Technologies. "North America is a very important focus area for us, and we believe that it will be one of the fastest growing segments of our business." Earlier this year, Ness Technologies was ranked as one of the top ten global IT outsourcing vendors by Brown-Wilson Group. In addition, Ness was ranked 15 (vs. 30 in 2006) on Brown-Wilson's Top 50 Best Managed Global Outsourcing Vendors list. Among other recent accolades, Ness was ranked 81 (vs. 100 in 2006) on Software Magazine's Software 500 listing of the 500 largest software and services providers in the world. Ness was ranked 92 (vs. 102 in 2006) on VARBusiness 500, North America's top technology integrators, and was also named among the Top 100 Financial Technology Suppliers on the 2007 FinTech 100 list. 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 over 7,800 employees, Ness maintains operations in 18 countries, and partners with numerous 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 14, 2007. Ness is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of such changes, new information, subsequent events or otherwise. Ness Technologies media contact David Kanaan USA: +1-888-244-4919 Intl: +972-3-540-8188 Email: Ness Technologies investor contact Drew Wright USA: +1-201-488-3262 Email: DATASOURCE: Ness Technologies Inc CONTACT: Ness Technologies media contact: David Kanaan, USA: +1-888-244-4919, Intl: +972-3-540-8188, Email: ; Ness Technologies investor contact: Drew Wright, USA: +1-201-488-3262, Email:

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