Ness Technologies Wins Tender With Israel Electric Corporation
Ness Technologies Wins Tender With Israel Electric Corporation
Project Amount is Tens of Millions of Israeli Shekels
HACKENSACK, New Jersey, October 20/PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: 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: 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 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: media.int@ness.com
Investor Relations Contact:
Drew Wright
USA: +1-201-488-3262
Email: investor@ness.com
Source: Ness Technologies Inc
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
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