Hackensack, NJ – September 16, 2008 – Ness Technologies, Inc. (NASDAQ: NSTC), a global provider of information technology (IT) services and solutions, today announced that it has been listed on the 2008 InformationWeek 500 – an annual ranking of the 500 most innovative users of business technology in the United States.
As a global company operating in 18 countries, Ness Technologies has adopted a global IT strategy that streamlines the company’s activity, enhances efficiency, improves global teamwork, and helps increase profitability. As a leader in technological innovation, Ness utilizes this expertise in delivering its products and services, enabling the company’s customers to benefit from some of the most advanced technologies available.
“This recognition by InformationWeek validates the efforts of our team to create a unified technology-based global operating environment that drives growth, optimizes use of resources and fosters innovation, excellence, and cooperation,” said Ofer Segev, Executive Vice President and Chief Financial Officer, Ness Technologies. “Our global operating environment is leveraged to deliver substantial value to our customers with advanced services and products, and best-in-class technologies.”
“Information technology shortens geographical distances and is the key to our effective delivery of services to our customers globally,” said Andres Kukawka, Ness Technologies' Vice President of IT. “Our systems and infrastructure are used under a single platform to improve cooperation and the streaming of information between all Ness' sites worldwide. Our strategic use of IT helps us control costs, ensure business process integration, and compete effectively.”
“For 20 years, the InformationWeek 500 has honored the most innovative users of business technology,” said InformationWeek Editor-in-Chief Rob Preston. “Year after year, InformationWeek 500 companies harness technology to improve efficiency, boost productivity, drive revenue, and establish a competitive advantage. We applaud this year’s winners, and the CIOs and other executives whose ingenuity and risk taking are at the center of business technology innovation.”
InformationWeek has identified and honored the nation's most innovative users of information technology with its annual listing, now in its 20th year, and has tracked the technology, strategies, investments and administrative practices of America’s best-known companies. The list is unique among corporate rankings because it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.
Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.
The 2008 InformationWeek 500 companies were revealed on September 15, 2008 at a gala awards ceremony held during the InformationWeek 500 Conference at the St. Regis Resort in Monarch Beach, California.
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 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 www.ness.com.
About InformationWeek Business Technology Network
The InformationWeek Business Technology Network provides business technology executives with unique perspective, market leading research and innovative tools that work in lock step with their work flow – from defining and framing business technology objectives through to the evaluation and recommendation of specific solutions. The InformationWeek Business Technology Network delivers the entire market, from SMBs with bMighty.com to large-scale global companies with InformationWeek. We scale across the most critical technology categories in the market — security with DarkReading.com, storage with ByteandSwitch.com, application architecture with IntelligentEnterprise.com, network architecture with NetworkComputing.com and communications with NoJitter.com. Through its multi-media platform and unique content-in-context information distribution system, the InformationWeek Business Technology Network provides trusted information developed both by editors and real world CIO/IT professionals delivered how and when business technology executives want it, 24/7. For more information visit http://www.informationweek.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
