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NSTC Ness Technologies, Inc. (MM)

7.75
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ness Technologies, Inc. (MM) NASDAQ:NSTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.75 0 00:00:00

Pannon, a Leading Hungarian Mobile Operator, Awards Significant Deal to Ness Technologies for a Strategic 3-Year CRM Solution

18/11/2009 12:00pm

PR Newswire (US)


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Ness Continues Telecommunications Dominance Throughout Central Eastern Europe BUDAPEST, Hungary, November 18 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ & TASE:NSTC), a global provider of information technology solutions and services, announced today that leading mobile telecommunications provider, Pannon (the Hungarian member of Telenor Group) has chosen Ness to deliver a strategic Customer Relationship Management (CRM) solution. The significant engagement is the first phase of what is expected to be a longer term relationship. Pannon initiated the program as a tool for providing the best customer experience in Hungary. Ness was selected to assist Pannon because of its broad experience in the telecommunications industry throughout Europe. "This CRM Program is a vital part of realizing our strategy. With the help of Ness Technologies, the program will strengthen our performance and capabilities in several CRM related areas: providing quality services, delivering excellent customer experience and rewarding our customers." said Fridtjof Rusten, Chief Financial Officer of Pannon. "At the same time, the program will reduce our costs and IT complexity." "Together with Pannon we can build a solution that puts the people of Hungary at the forefront of mobile communications," added Szabolcs Homola, Managing Director of Ness Hungary. "That is exciting for all of us. We strongly believe our extensive telecommunications expertise will help Pannon reach its business objectives by reducing time to market for current and future services, improving costs and dramatically enhancing user experience for millions of customers." Ness is one of Central and Eastern Europe's largest IT service providers. Outside Hungary, Ness works with many of the region's largest and best-known mobile and land-line telecommunications providers. While using Central and Eastern Europe's best IT talent, Ness also offers its customers expert resources from 18 countries. The company's worldwide reach gives customers unsurpassed reliability, financial stability, strong, consistent and flexible service capabilities. About Ness Technologies Ness Technologies (NASDAQ & 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 on Form 10-K filed with the Securities and Exchange Commission on March 16, 2009. Ness is under no obligation to, 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: Investor Relations Contact: Drew Wright USA: +1-201-488-3262 Email: DATASOURCE: Ness Technologies Inc CONTACT: David Kanaan, Intl: +972-54-425-5307, Email: , Investor Relations Contact: Drew Wright, USA: +1-201-488-3262, Email:

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