Contract with Ness Covers INSEAD’s Operations Center, Network Communications, Service Desk, Onsite Services and Application Development
Singapore and Fontainebleau, France – May 4, 2009 – Ness Technologies, Inc. (NASDAQ: NSTC), a global provider of information technology solutions and services, and INSEAD, one of the world’s leading graduate business schools, today announced a multi-year contract for outsourcing of IT services. Under terms of the agreement, Ness Technologies will provide wide-ranging IT services to assist INSEAD in optimizing operational costs & improve overall IT services in order to yield greater benefits for the school’s IT investments. As part of that process, Ness will help INSEAD standardize technology across its locations in Abu Dhabi, Fontainebleau, New York, Singapore, and Tel Aviv.
The scope of services will include provisioning of an Operations Center and Network Services, Application Development as well as onsite support. The engagement will largely be driven out of Singapore with onsite teams in each of the locations.
“Partnering with Ness optimizes our IT cost structure while improving access to diverse expertise. This partnership with Ness is paving the way to introduce innovative technologies, solutions and processes in INSEAD,” said Karl Reisinger, INSEAD Chief Information Officer. “A global footprint, proven competence in a variety of skill-sets and an agility that complements changing market demand made Ness the right choice to reach our short- and long-term objectives to position INSEAD as the Business School for the world.”
“We are delighted to have INSEAD as our valued client,” said Madhujeet Chimni, Managing Director for Ness in Asia Pacific. “As a truly global business school, its IT, telephony, Audio/Visual and operations center are mission-critical. We are honored to complement the school’s in-house IT teams in so many different functions.”
About INSEAD, The Business School for the World
As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures and ideas from around the world to change lives and transform organisations. This worldly perspective and cultural diversity are reflected in all aspects of its research and teaching.
With two campuses in Asia (Singapore) and Europe (France), two centres in Israel and Abu Dhabi, and an office in New York, INSEAD extends the reach of its business education and research across three continents. Its 137 renowned faculty members from 35 countries inspire more than 1,000 degree participants in INSEAD’s MBA, Executive MBA and PhD programmes. In addition, more than 9,500 executives participate in INSEAD’s executive education programmes. With the INSEAD-Wharton Alliance, INSEAD delivers MBA and co-branded executive education programmes on Wharton's U.S. campuses in Philadelphia and San Francisco, as well as on its campuses in Asia and Europe.
Today’s organisations need leaders with the knowledge and sensitivity to operate anywhere in the world. This is why business turns to INSEAD – to develop the next generation of transcultural leaders.
More information about INSEAD can be found at www.insead.edu.
About Ness Technologies
Ness Technologies (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 8,000 employees, Ness maintains operations in 18 countries, and partners with numerous software and hardware vendors worldwide. For more information about Ness Technologies, visit 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.
Ness Technologies media contacts:
David Kanaan
Intl: + 972-54-4255307
Email: media.int@ness.com
John Fitzsimmons
North America: 781-223-5833
Email: john.fitzsimmons@ness.com
Ness Technologies investor contact:
Drew Wright
USA: 1-201-488-3262
Email: investor@ness.com
INSEAD media contacts:
Europe
Sophie Badré, INSEAD Europe Campus
Tel +33 1 60 71 2691
Email: sophie.badre@insead.edu
Helle Jensen, INSEAD Europe Campus
Tel +33 1 60 71 26 34
Email: helle.jensen@insead.edu
Lucile Lafaurie, INSEAD Europe Campus
Tel +33 1 60 72 43 63
Email: lucile.lafaurie@insead.edu
Asia
Janet Loh, INSEAD Asia Campus
Tel +65 6799 5490
Email: janet.loh@insead.edu
Middle East
Rola Tassabehji, INSEAD Abu Dhabi Centre
Tel +97124460808 ext. 113
Email: rola.tassabehji@insead.edu
US
Amy Airasian, Cubitt Jacobs & Prosek Communications
Tel +1 212 279 3115 ext. 210
Email: aairasian@cjpcom.com