Hackensack, NJ – November 13, 2008 – Ness Technologies, Inc. (NASDAQ: NSTC), a global provider of IT services and solutions, today announced that it will host an Analyst and Investor Day on Friday, November 21, 2008, from 8:00 a.m. to 1:00 p.m. ET at the NASDAQ MarketSite in Times Square, New York. Registration and continental breakfast will begin at 7:45 a.m. and presentations will start promptly at 8:00 a.m.
The event will provide investors and analysts with an opportunity to meet senior Ness executives, including the presidents of four Ness operating divisions, and several Ness customers from around the world.
Presentations will include:
• Brief overview of Ness Technologies;
• Presentations by segment presidents, with Q&A, including:
o Ness Europe, the company’s growth engine in Central & Eastern Europe,
o Ness Software Product Labs, which provides offshore & near-shore software product development services from India and Eastern Europe,
o Ness TSG, the company’s unique defense and homeland security division, and
o Ness Global Industries, the company’s U.S.-based systems integration division;
• Client presentations and case studies related to those lines of business;
• CFO financial review and update; and
• CEO strategic outlook.
Attendance at the event is by invitation only, and pre-registration is required. Interested parties should contact Drew Wright, senior vice president, Investor Relations, at +1-201-371-0404 or e mail AnalystDay2008@ness.com.
An audio webcast of the event, including presentation slides, will be available live and for replay to everyone beginning at approximately 8:00 a.m. ET at the Ness Technologies Investor Relations web site, http://investor.ness.com , under News & Events / IR Events. Participants are encouraged to visit the web site 15 minutes prior to the presentation start time to download and install any necessary software. The webcast replay will be available approximately two hours after the event is completed.
About Ness Technologies
Ness Technologies (NASDAQ: NSTC) is a global provider of end-to-end IT services and solutions designed to help clients improve competitiveness and efficiency. The Ness portfolio of solutions and services consists of software product development, including both offshore and near-shore outsourcing; system integration, application development and consulting; and software distribution. 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 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 17, 2008. 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
