NSTC Ness Technologies, Inc. (MM)

TEL AVIV, Israel, Nov. 15, 2010 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (Nasdaq: NSTC and TASE: NSTC), a global provider of information technology solutions and services, announced today that it has been awarded a three-year outsourcing contract by Leumi Card, Israel's second-largest credit company.

Ness will operate Leumi Card's help desk center, located at Leumi Card's headquarters in Bnei Brak, near Tel Aviv, serving approximately 1,800 of Leumi Card's employees. In addition, Ness will provide field services to support Leumi Card's IT systems. Ness will operate according to a service level agreement (SLA). As part of the contract, Ness will implement SysAid Technologies' SysAid help desk and asset management platform, together with Consist Systems LTD, and will replace the existing system. Consist Systems represents SysAid Technologies in Israel.

"We selected Ness Technologies because of its proven track record in providing high quality outsourcing services, including outsourced help desk services," said Asher Reshef, Executive VP of IT, Leumi Card. "As a large credit card issuer, we see customer service as the most important challenge for us, and it begins with a high internal service level. Smoothly functioning IT systems are an important component of the internal service level. We believe that Ness, through its best practices outsourcing model, will help us maintain our systems and improve the quality of our internal service level."

"We are proud that we have been selected by Leumi Card, which is well known for the high quality service it provides to its customers and which it demands from its suppliers. Leumi Card's decision is a testament to our high standards and we are committed to provide the best service," said Effi Kotek, President of Ness Israel. "This new contract further positions Ness as a key provider of IT services to the financial sector."

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; and system integration, application development, 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 has operations in North America, Europe, Israel and India, has customers in over 20 countries, and partners with numerous software and hardware vendors worldwide. For more information about Ness, visit www.ness.com.

About Leumi Card

Leumi Card is Israel's second largest credit company. The company markets Visa and Mastercard cards and is a leader in the development of innovative payment means and financial products. Leumi Card has approximately 1.8 million private customers and serves more than 40,000 businesses.

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.

SOURCE Ness Technologies, Inc.