TEL AVIV, Israel, March 16, 2010 /PRNewswire-FirstCall/ -- Ness
Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider
of IT services and solutions, announced today that it has recently
been awarded a contract from Mekorot, Israel's national water company, to provide
Mekorot's maintenance management system. The contract includes
implementation and deployment for an 18-month period, as well as an
option for system maintenance following implementation. The project
is valued at multi-millions of dollars.
Based on the SAP maintenance module, the system will manage
preventive, corrective and planned maintenance activities of the
water supply system.
The maintenance of the water supply system will be managed
according to Mekorot's annual work plan, budget and pre-planned,
frequency-based schedule. The system will also enable resource
management, maintenance activity analysis, and connection with
technicians using mobile devices. This will be achieved by
interfacing the maintenance system to Mekorot's existing
information systems.
Mekorot's water supply system comprises more than 800 pumping
stations, over 1,200 wells, about 2,400 pumps, over 10,500
kilometers of large-diameter pipes, 750 concrete and steel
reservoirs, 90 large earth reservoirs and related equipment.
Mekorot supplies 80% of Israel's
drinking water and 70% of its entire water supply.
"The new system will considerably streamline the maintenance of
Mekorot's facilities and equipment, which has a critical impact on
safe and reliable water supply," said Rafi Ifargan, Vice President
of Engineering and Technology, Mekorot. "Mekorot is one of the
world's most technologically advanced water companies. The new
system is part of the company's strategy to ensure the reliability
of water quality and supply. We selected Ness Technologies because
of its very impressive reputation in implementing SAP systems and
because of its ability to get the job done quickly and
correctly."
"Mekorot's decision to choose Ness Technologies reflects our
know-how and experience in SAP systems implementation and support,"
said Effi Kotek, President of Ness
Israel. "The new system is another milestone in our long-standing
partnership with utilities in Israel and other countries. Ness helps
utilities adopt state-of-the-art solutions to ensure high
efficiency and continuous reliable service, and manage key
issues."
About Ness Technologies
Ness Technologies (NASDAQ: NSTC and 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
15, 2010. 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: media.int@ness.com
Investor Relations Contact:
Drew Wright
USA: +1-201-488-3262
Email: investor@ness.com
SOURCE Ness Technologies Inc