Ness Technologies Wins $11 Million Outsourcing Contract With Israel's Ministry of Immigrant Absorption
February 08 2010 - 5:30AM
PR Newswire (US)
TEL AVIV, Israel, February 8 /PRNewswire-FirstCall/ -- Ness
Technologies, Inc. (NASDAQ:NSTCNASDAQ:andNASDAQ:TASE:NASDAQ:NSTC),
a global provider of IT services and solutions, today announced
that it has been awarded a five-year, 42 million Israeli shekel
(approximately $11.2 million) outsourcing contract from Israel's
Ministry of Immigrant Absorption. The contract includes an option
to extend the contract for up to additional five years. Ness won
the contract in a public tender published by the Ministry. Ness
Technologies will operate and maintain the ministry's IT systems
24/7, including applications, infrastructure systems,
communications, and workstations. In addition, Ness will deploy
network and system management solutions, upgrade the ministry's
helpdesk, and continuously improve the service level according to a
Service Level Agreement (SLA). The ministry's Information Systems
Division is responsible for ongoing development and operation of
advanced ICT (Information and Communication Technologies) systems
for immigrant absorption, including registration of immigrants,
management of assistance resources such as public housing,
financial assistance, customs tax grants, etc.; providing hardware
and software resources to support absorption processes near
immigrant residences; and producing a wide range of information and
reports for the ministry's various management levels and external
organizations that handle immigrant absorption. The ministry's
Information Systems Division supports 600 users at 40 sites
nationwide, and operates two IT facilities - one in Jerusalem and
another at Ben-Gurion International Airport. "We were very
impressed with Ness Technologies' proposal, its ability to provide
the entire range of services that we require, and the proposed high
quality teams," said Sigal Lebovich, Manager of the Information
Systems Department of the Ministry of Immigrant Absorption. "Ness
will assist us to leverage our IT resources and further develop our
ICT systems to streamline the immigrant absorption processes. We
will continue to improve service to immigrants based on these
advanced IT systems." "The key to successful outsourcing is
understanding the client's business needs, and this is what we will
do in this project, enabling the Ministry of Immigrant Absorption
to achieve its goals," said Effi Kotek, President of Ness Israel.
"The new contract is another milestone in Ness' leadership in IT
outsourcing for large organizations. We are committed to delivering
the best outsourcing services for the client's needs, helping the
Ministry of Immigrant Absorption to meet the absorption challenges
for the coming years." About Ness Technologies Ness Technologies
(NASDAQ:NSTCNASDAQ:andNASDAQ:TASE:NASDAQ: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: Investor Relations
Contact: Drew Wright USA: +1-201-488-3262 Email: DATASOURCE: Ness
Technologies Inc CONTACT: Media Contacts: David Kanaan, Intl:
+972-54-425-5307, Email: ; Investor Relations Contact: Drew Wright,
USA: +1-201-488-3262, Email:
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