Ness Technologies Awarded $4 Million Outsourcing Contract by Israel's Ministry of the Interior
TEL AVIV, Israel, February 16, 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 a multi-year, 15 million Israeli shekel (approximately $4 million) outsourcing contract from Israel's Ministry of the Interior. The contract includes an option to extend the contract for an additional three years.
Ness Technologies will operate and maintain the ministry's software and hardware infrastructure, including the ministry's Maor office management system as well as the ministry's Internet and Intranet systems. Maor is based on Lotus Notes and includes various modules such as document management, meeting room management, message management, digital signatures and others. Ness will also support future office management system that will replace Maor in 2011.
In addition, Ness Technologies' Unified Reference and Delivery (URD) Center, Israel's largest helpdesk center serving its outsourcing customers, will serve as the Ministry's helpdesk for approximately 850 internal users in 14 sites across Israel, as well as more than 1,000 external users from local authorities who use the ministry's Internet services.
"The ministry selected Ness as its partner for this important initiative because of Ness' reputation for streamlining information systems and improving the service to users - while reducing costs," said Gavriel Maimon, CPA, Director General of the Ministry of the Interior. "We are confident that Ness' expertise, professionalism and experience will help us meet tomorrow's challenges."
"Our track record and our position as a leading provider of IT services in the domestic Israeli market recently resulted in numerous new contracts, including this significant multi-year IT outsourcing contract with the Ministry of the Interior," said Effi Kotek, President of Ness Israel. "We will work hard, using all our capabilities and resources, to contribute to the success of the Ministry of the Interior, for the benefit of the ministry's employees and the citizens of Israel."
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; system integration, application development and 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 maintains operations in 18 countries, and partners with numerous software and hardware vendors worldwide. For more information about Ness Technologies, visit http://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 16, 2009. 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 Contacts: 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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