Tel Aviv, Israel – April 23, 2009 – Ness Technologies, Inc. (NASDAQ: NSTC), a global provider of IT services and solutions, today announced a three-year, multi-million dollar contract with the Academic College of Tel Aviv-Jaffa. Under terms of the contract, Ness Technologies will maintain the college’s current infrastructure and develop future IT systems and applications.
“The service agreement with Ness Technologies saves significant IT maintenance costs while improving the college’s support and service capabilities,” said Amir Feigenbaum, Chief Information Officer, the Academic College of Tel Aviv-Jaffa. “During the next three years, Ness will manage a variety of IT projects including the implementation of new systems and consolidate disparate existing systems to improve efficiency and save long-term costs.”
“Working with the Academic College of Tel Aviv-Jaffa establishes a partnership that enables the college to continue providing the highest level of higher education,” said Effi Kotek, President of Ness Israel. “Everything we do will ultimately focus on creating the best learning environment for students, now and in the future.”
About the Academic College of Tel Aviv-Jaffa
The Academic College of Tel Aviv-Jaffa was founded in 1994.The college comprises four schools for Bachelor and Master’s degrees: the School of Behavioral Sciences, the School of Management and Economy, the School of Computer Sciences, and the School of Government and Society.
According to a survey conducted by Israel’s Central Bureau of Statistics, the Academic College of Tel Aviv-Jaffa was ranked first in all parameters college-level study, before all other Israeli universities and colleges. Published in November 2006, the study is included in a report from the Planning and Budgeting Committee of Israel’s Council for Higher Education.
About Ness Technologies
Ness Technologies (NASDAQ: NSTC) is a global provider of commercial and defense IT services with specialized expertise in software product engineering; system integration, application development, software distribution, IT strategy consulting and long-term support. Ness delivers its portfolio of solutions and services using a global delivery model combining offshore, near-shore and local teams to minimize customer costs while delivering world-class domain expertise. With over 8,300 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 Statements
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 contact:
David Kanaan
USA: 1-888-244-4919
Intl: + 972-3-540-8188
Email: media.int@ness.com
Ness Technologies investor contact:
Drew Wright
USA: 1-201-488-3262
Email: investor@ness.com