Ness Technologies Named to FinTech 100 List for Third Consecutive Year
November 16 2009 - 6:45AM
PR Newswire (US)
HACKENSACK, New Jersey, November 16 /PRNewswire-FirstCall/ -- Ness
Technologies, Inc. (NASDAQ:NSTCNASDAQ:andNASDAQ:TASE:NASDAQ:NSTC),
a global provider of IT services and solutions, today announced
that American Banker and Bank Technology News, and IDC Financial
Insights, an independent research services firm, have named Ness to
the FinTech 100 ranking of the top global technology providers to
the financial services industry. Ness Technologies was ranked 45th
advancing from last year's 47th position. "This is the third
consecutive year that Ness has been named to this prestigious list,
reflecting our strength and position as a key supplier of IT
services and solutions to the global financial services market,"
said Larry Scott, President of Ness Global Industries. "Leading
financial services firms around the world rely on Ness to deliver a
broad array of services to lower the cost of their operations,
ensure compliance with new regulations, and manage the requirements
driving the rapid consolidation in the industry." Ness offers a
wide array of systems integration and outsourced services that are
specifically designed for financial services firms of all types
including asset management firms, commercial, and retail banks,
capital markets, and ratings agencies. In addition, Ness provides
asset and investment management services and solutions to global,
regional and boutique organizations in the capital markets
industry, helping clients make better decisions faster, reduce
operational costs and increase revenues. About Ness Technologies
Ness Technologies (NASDAQ:NSTCNASDAQ:andNASDAQ:TASE: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 of Form 10-K filed with the
Securities and Exchange Commission on March 16, 2009. Ness is under
no obligation, 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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