Ness Technologies Awarded $3.2 Million Outsourcing Contract by Israel's Fattal Hotels Chain
TEL AVIV, Israel, May 12, 2010 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider of IT services and solutions, announced today that it has been awarded an multi-year outsourcing contract valued at 12 million New Israeli Shekel (NIS), or approximately $3.2 million, by Israel's Fattal Hotels Chain. The new contract is a renewal and expansion of a previous contract.
Recently Fattal Hotels acquired Azorim Tourism, adding 9 hotels of the Sheraton Group and 3 hotels of the Accor group to its portfolio in Israel. Following the acquisition, Fattal became Israel's largest hotel chain with 29 hotels across Israel. In addition, Fattal manages 30 hotels in Europe. The outsourcing contract includes the chain's unified IT system in Israel.
Under the terms of the contract, Ness Technologies operates and maintains Fattal's IT systems 24/7, including applications and infrastructure systems (software and hardware) as well as the chain's communication network and information security. Ness is also responsible for maintenance of Fattal's servers hosted at Med-1, a leading Israeli supplier of collocation and IT room hosting solutions. In addition, Ness Technologies' Unified Reference and Delivery (URD) Center, Israel's largest outsourcing helpdesk center, serves as Fattal Hotels' helpdesk, supporting hundreds of users across Israel.
"The outsourcing of our IT activities to Ness Technologies enables us to focus on our core business and improve our customer service and satisfaction, ensuring our guests' complete enjoyment," said Gadi Priewer, General Manager of Fattal Hotels. "As part of the outsourcing contract, Ness will support our reservations system, which is critical to our business, and will enable us to maintain a high operational performance level in service, quality and efficiency."
"The new contract reflects Fattal's trust in Ness' capabilities and skills, as well as in Ness' expertise and experience in managing complex outsourcing projects, including the maintenance of key operational business systems," said Effi Kotek, President of Ness Israel. "Fattal is Israel's largest hotel chain and we are committed to providing the best service, enabling Fattal to deliver the optimal service level to their customers."
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 Fattal Hotels
Fattal hotels is the largest hotel management company in Israel, managing 29 hotels in Israel and 30 hotels in Europe, with leading brand names such as Meridien, Golden Tulip, Club Med Eilat, Magic and Leonardo Hotels. All Fattal hotels are characterized by a high level of service and a firm commitment to our guests' total enjoyment. Fattal currently employs 7,200 staff members in Israel and 1,800 in Europe. For more information about Fattal Hotels visit http://www.fattal.co.il/IndexLtr.aspx.
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: 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
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