Ness Technologies Wins $4 Million Global Software Product Engineering Contract From Perform

HACKENSACK, New Jersey, May 17, 2010 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider of information technology solutions and services announced today that its Software Product Labs(SM) business unit has been selected by Perform, a world leader at broadcasting and commercializing sport in digital media, to extend its software product engineering capability. Over the three-year engagement, Perform will utilize Ness Software Product Labs' global development center in Kosice, Slovakia. The Ness team will focus on core software platform development for video-on-demand, conditional access, and multi-media distribution and streaming.

"We are delighted to partner with Ness to execute our strategic technology roadmap," said Andy Measham, COO, Perform. "This partnership is fundamental to our ongoing growth and we evaluated several potential partners across several geographies before finally choosing Ness based on their cultural alignment with our business, product engineering expertise, proven track record and commitment to the success of Perform and our clients. We look forward to a long and successful relationship with the Ness team."

In 2009, Perform streamed 16,927 live sporting events and drove over 139 million monthly page impressions across its network of managed websites. The Ness Software Product Labs team will partner with Perform's development teams in the UK and India in the development of the next generation of Perform's Web and Video Content Management, Distribution and Syndication platform. The product will also see the introduction of several new extensions and cutting edge features in the areas of content authoring, content security and rights management, billing and service delivery. The new platform will simplify the user experience for Perform Design and Service Delivery teams and greatly reduce the time to market for new content and feature delivery to the end customer.

"Perform has set themselves apart in the Global market by delivering innovative cross-platform experiences for its partners," said Holly Ripley-Boyd, President, Ness Software Product Labs. "We are pleased to partner with Perform on their global software development initiatives as they advance into new markets, deliver ground-breaking mobile applications, and continue to bring next generation solutions to the market."

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; and system integration, application development, 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 has operations in North America, Europe, Israel and India, has customers in over 20 countries, and partners with numerous software and hardware vendors worldwide. For more information about Ness, visit http://www.ness.com

About Perform

Perform is the world leader at broadcasting and commercializing sport in digital media. Through industry leading production, technical and commercial solutions, Perform maximizes the returns for sports associations, rights holders, football clubs, content publishers, bookmakers, media groups, mobile operators and broadcasters around the world. Perform currently streams over 16,000 live events each year and has developed over 240 web, video broadband and mobile sites for clients including the ATP, Sony Ericsson WTA Tour, FIBA, FEI, PSA, FLi and Chelsea FC, that serve over 17 million monthly unique users. For more information about Perform, see http://www.performgroup.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 15, 2010. Ness is under no obligation, 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:

    Philip Marshall
    Phone: +1-339- 234-5261
    Email: [email protected]

    David Kanaan
    Intl: +972-54-425-5307
    Email: [email protected]

    Investor Relations Contact:

    Drew Wright
    USA: +1-201-488-3262
    Email: [email protected]

SOURCE Ness Technologies Inc