Ness Technologies Wins Tender With Israel Electric Corporation
October 20 2009 - 6:00AM
PR Newswire (US)
Project Amount is Tens of Millions of Israeli Shekels HACKENSACK,
New Jersey, October 20 /PRNewswire-FirstCall/ -- Ness Technologies,
Inc. (NASDAQ:NSTCNASDAQ:andNASDAQ:TASE:NASDAQ:NSTC), a global
provider of information technology solutions and services,
announced today that it has won - together with other companies - a
tender to implement and test SAP systems at Israel Electric
Corporation (IEC). Ness also won a tender for training and
deployment of these systems. This is an expansion of an SAP
deployment and implementation project completed by Ness for IEC a
few months ago. The project is valued at tens of millions of
Israeli Shekels. The project will include expansion and deepening
of additional modules within the SAP system, including a working
process management module in SAP Project Systems (PS) that will
include, in the first phase, management of Emergency Economy
projects as defined by the government, and will be expanded in the
future to all projects, as well as a time reporting system that
provides a complementary interface to PS. The modules that will be
expanded also include a maintenance module for the IEC's production
and transformation divisions, which will include the operation of
IEC's power stations. The implementation, testing and training
project will enable IEC to integrate several systems and modules
into one SAP integrated system, saving cost and streamlining their
working processes. The training project will include thousands of
end-users, preparation of training and deployment kits in power
stations in a country-wide deployment, including phone-based
support. Training will be conducted by staffs of trainers and
deployment professionals. "Ness offered IEC a high quality and
professional solution at all levels (including implementation,
testing, training and deployment), that shows our high capabilities
and our extensive experience in complicated integration projects,
as well as our deep familiarity with IEC's IT systems, thanks to
previous projects conducted by us for them," said Effi Kotek,
President of Ness Israel. "This is a series of projects, each of
which is very complicated, and includes many employees and tens of
sub-activities. The projects that Ness will deliver are designated
for the IEC's core business processes." About Ness Technologies
Ness Technologies (NASDAQ:NSTCNASDAQ:andNASDAQ:TASE:NASDAQ:NSTC) is
a global provider of IT and business services and solutions with
specialized expertise in software product engineering; system
integration, application development and consulting; and software
distribution. Ness delivers its portfolio of solutions and services
using a global delivery model combining offshore, near-shore and
local teams. With about 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 on Form 10-K filed with the
Securities and Exchange Commission on March 16, 2009. 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.
Media Contact: David Kanaan Intl: +972-54- 425-5307 Email: Investor
Relations Contact: Drew Wright USA: +1-201-488-3262 Email:
DATASOURCE: Ness Technologies Inc CONTACT: Media Contact: David
Kanaan, Intl: +972-54- 425-5307, Email: ; Investor Relations
Contact: Drew Wright, USA: +1-201-488-3262, Email:
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