Ness Technologies, Leader of a Consortium With Lynx and Others, Wins Phase One of Slovak eHealth System, for $24 Million of $44 Million Total
Project to Establish Basic Pillars of Electronic Services for Slovak Healthcare in Two-Year Period
BRATISLAVA, Slovakia, April 12, 2010 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider of information technology solutions and services, announced today that Ness, as the leader of a consortium with its partner Lynx, Ltd., has won a public tender with the Ministry of Health of the Slovak Republic to provide the first phase of an Electronic Healthcare Services system, valued at EUR32.4 million, or approximately $44 million, excluding VAT. The term of the initial phase is 24 months.
Ness will be responsible for the development of the system software and will serve as system integrator, in work representing EUR17.8 million, or approximately $24 million, excluding VAT, of the total phase one project budget. Lynx, a provider of security solutions and information systems, will be responsible for security and infrastructure, representing EUR14.6 million, or approximately $20 million, excluding VAT, with its partners.
The consortium consists of companies with extensive experience implementing healthcare information systems in many countries. The project, which takes into account the process priorities in the provision of healthcare set by the Slovak Ministry of Health, will utilize technologies from well-known international vendors.
The objectives of the phase one implementation are:
- establishing a National Health Portal, to ensure the central provision
of public health-related information to patients, healthcare personnel
and external organizations,
- building a system of electronic appointment scheduling - so-called
eAllocation - to facilitate citizens' access to healthcare services,
- establishing electronic prescription and medication processes -
so-called ePrescription and eMedication - to cover the issues of
prescription drug distribution with electronic support, and
- creating an Electronic Health Book for each citizen, in this phase
providing the citizens and doctors with informative health data on a
patient.
"Ness has delivered and acted as system integrator on similar projects in the United States and in Israel, for very large healthcare organizations, covering a wide healthcare spectrum in these countries," said Martin Kohut, Managing Director of Ness Slovakia. "eHealth computerization is a broad and complex task which requires a range of skills and expertise, and we and the consortium of companies we represent have an extensive track record in the field of healthcare informatics. This expertise forms the basis for this socially important implementation in Slovakia, which we expect to lead to further phases of healthcare computerization."
"The first phase of this project will create the basic pillars of healthcare computerization in Slovakia," said Zoltan Kollar, Managing Director, Lynx, Ltd. "The eHealth project is long-term, but the first demonstrable prototypes and samples will be presented at the National conference in May 2010. The goal of the project is to enable the citizens of Slovakia to get better healthcare and improve the availability of information regarding the healthcare provided. At the same time, the information and information systems must have the level of security required by the European Union."
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.
Ness Slovakia, a subsidiary of Ness Technologies, ranks as one of the most important companies on the Slovak IT market. It specializes in providing end-to-end IT solutions and services for the most prominent local companies in key sectors, including electrical power industry and utilities, national and local government, financial services, telecommunications, manufacturing, healthcare and services. Ness Slovakia has branches in Bratislava, Banska Bystrica and Kosice.
About Lynx, Ltd.
Lynx, Ltd. has been operating on the information technology market since 1991. Its client base includes the most important companies operating in the segments of financial services, telecommunications, electrical power and manufacturing. A significant part of the company's portfolio is the area of complex enterprise security and business continuity planning. Quality Management System is accordance with ISO 9001:2000; it is certified and assessed on a regular basis. The mission of Lynx is to offer its customers solutions with high added value in the areas of information systems security, building information and communications infrastructure, technology applications and complex security, in accordance with the legislation requirements of Slovak Republic, European Union, international standards and world best practices.
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 - Slovakia:
Silvia Pullmannova
NESS Slovensko, a.s.
Marketing Director
tel.: +421-2-58261-000
mobil: +421-(0)908-960-113
email: [email protected]
Viktor Skulec
SEESAME Communication Experts
tel.: +421-917-654-602
e-mail: [email protected]
Media Contact - International:
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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