Open Spatial Australia Strengthens Alliance with ViryaNet

  
    
  
  
    
      ViryaNet Limited (Nasdaq: VRYA), a leading provider of software 
      applications that automate business processes for mobile workforce 
      management and field service delivery, today announced that Open Spatial 
      of Australia will OEM and resell the ViryaNet Field Operations Case 
      Utility System (FOCUS) product to its customers and prospects across the 
      Asia Pacific region.
    
    
      ViryaNet, based in Melbourne Victoria, develops the popular FOCUS 
      product, which enables utilities to manage all types of field work. The 
      ViryaNet product receives work orders from external systems, optimally 
      schedules appropriate engineers, sends all relevant data to their mobile 
      devices, returns updated data from the field to any external systems, 
      and provides an executive dashboard for managers to monitor all field 
      activity in real-time. Early successes for ViryaNet include licensing 
      its solution to the largest water and wastewater utilities along the 
      eastern seaboard of Australia, such as Barwon Water, South East Water, 
      City West Water, Gold Coast Water, and Brisbane Water.
    
    
      Open Spatial Australia and ViryaNet share many of the same customers 
      that rely on both companies’ technologies to 
      improve business processes associated with field service. Earlier this 
      year, the companies announced that they would develop and maintain the 
      integration between their respective products, including the ability to 
      intelligently launch each other’s applications 
      from within each solution.
    
    
      Anthony Jahshan, Managing Director at Open Spatial Australia, commented: “The 
      decision to OEM the FOCUS product and make its functionality available 
      to our users became evident from the response we had to the FOCUS 
      product presentation at our Annual User Group Conference in Melbourne 
      last month. Our users’ response further 
      cemented our earlier resolve to deliver a totally integrated solution 
      and build it into our product offering.”
    
    
      ViryaNet’s COO Jeff Oskin said, “With 
      this comprehensive solution, a public works authority or utility will be 
      able to graphically view and locate its assets and dispatch crews in 
      optimal ways to repair conditions and minimize downtime, thus 
      eliminating potentially dangerous situations. The solution also will 
      allow management, dispatchers and call center staff to quickly see the 
      status of incidents, and provide estimated restoration times to 
      customers. There exists very good opportunity in the Asia Pacific 
      market, and we are delighted to be entering this relationship with Open 
      Spatial.”
    
    
      The fully integrated solution from Open Spatial Australia and ViryaNet 
      will be available for general release during Q1 2007.
    
    
      About Open Spatial
    
    
      Open Spatial Australia Pty Ltd is an Australian company delivering 
      geospatial solutions based on Oracle and Autodesk technologies 
      throughout the Asia Pacific region. Recognised for delivering 
      applications to Government and Utilities sectors throughout the region, 
      all our solutions are based on internationally accepted open standards 
      and world-class best practices. Open Spatial offers innovative spatial 
      infrastructure solutions to managing spatial data from Survey through to 
      Design, Construction and Ongoing Spatial Data Management. www.openspatial.com.au
    
    
      About ViryaNet
    
    
      ViryaNet is a provider of software applications that improve the quality 
      and efficiency of an organization’s service 
      operations. ViryaNet’s products enable 
      companies in the utilities, telecommunications, retail and general 
      service sectors to manage and optimize mission critical business 
      processes, resulting in increased service revenues, decreased service 
      costs, and maximized customer satisfaction. The robust set of 
      applications help companies improve workforce scheduling, dispatching, 
      and activity reporting; customer contract and entitlement automation; 
      and asset, logistics, and depot repair management. Visit ViryaNet at www.viryanet.com.
    
    
      Safe Harbor Statement
    
    
      Safe Harbor Statement under the Private Securities Litigation Reform 
      Act of 1995: The statements contained in this press release that are not 
      purely historical are forward-looking statements within the meaning of 
      Section 21E of the Securities and Exchange Act of 1934, as amended, 
      including statements regarding ViryaNet’s 
      expectations, beliefs, intentions, or strategies regarding the 
      capabilities of its products, its relationships with its customers, its 
      customer purchases, its future operational plans and objectives 
      including integration of other businesses, its future business 
      prospects, its future financial performance, its future cash position, 
      and its future prospects for profitability. All forward-looking 
      statements included in this document are based upon information 
      available to ViryaNet Ltd. as of the date hereof, and ViryaNet Ltd. 
      assumes no obligation to update any such forward-looking statements. 
      Forward-looking statements involve risks and uncertainties, which could 
      cause actual results to differ materially from those projected. These 
      and other risks relating to ViryaNet’s 
      business include market acceptance of and demand for the Company’s 
      products, risks associated with a slow-down in the economy, risks 
      associated with the financial condition of the company’s 
      customers, risks associated with competition and competitive pricing 
      pressures, risks associated with increases in costs and operating 
      expenses, risks in technology development and commercialization, the 
      risk of operating losses, risks in product development, risks associated 
      with international sales, and other risks that are set forth in ViryaNet’s 
      reports filed from time to time with the Securities and Exchange 
      Commission. Reported results should not be considered an indication of 
      future performance. You should not place undue reliance on these 
      forward-looking statements, which speak only as the date hereof. 
      ViryaNet disclaims any obligation to publicly update or revise any such 
      forward-looking statements to reflect any change in our expectations or 
      in events, conditions, or circumstances on which any such statements may 
      be based, or that may affect the likelihood that actual results will 
      differ from those set forth in the forward-looking statements.
    
  
ViryaNet Limited (Nasdaq: VRYA), a leading provider of software
applications that automate business processes for mobile workforce
management and field service delivery, today announced that Open
Spatial of Australia will OEM and resell the ViryaNet Field Operations
Case Utility System (FOCUS) product to its customers and prospects
across the Asia Pacific region.

   ViryaNet, based in Melbourne Victoria, develops the popular FOCUS
product, which enables utilities to manage all types of field work.
The ViryaNet product receives work orders from external systems,
optimally schedules appropriate engineers, sends all relevant data to
their mobile devices, returns updated data from the field to any
external systems, and provides an executive dashboard for managers to
monitor all field activity in real-time. Early successes for ViryaNet
include licensing its solution to the largest water and wastewater
utilities along the eastern seaboard of Australia, such as Barwon
Water, South East Water, City West Water, Gold Coast Water, and
Brisbane Water.

   Open Spatial Australia and ViryaNet share many of the same
customers that rely on both companies' technologies to improve
business processes associated with field service. Earlier this year,
the companies announced that they would develop and maintain the
integration between their respective products, including the ability
to intelligently launch each other's applications from within each
solution.

   Anthony Jahshan, Managing Director at Open Spatial Australia,
commented: "The decision to OEM the FOCUS product and make its
functionality available to our users became evident from the response
we had to the FOCUS product presentation at our Annual User Group
Conference in Melbourne last month. Our users' response further
cemented our earlier resolve to deliver a totally integrated solution
and build it into our product offering."

   ViryaNet's COO Jeff Oskin said, "With this comprehensive solution,
a public works authority or utility will be able to graphically view
and locate its assets and dispatch crews in optimal ways to repair
conditions and minimize downtime, thus eliminating potentially
dangerous situations. The solution also will allow management,
dispatchers and call center staff to quickly see the status of
incidents, and provide estimated restoration times to customers. There
exists very good opportunity in the Asia Pacific market, and we are
delighted to be entering this relationship with Open Spatial."

   The fully integrated solution from Open Spatial Australia and
ViryaNet will be available for general release during Q1 2007.

   About Open Spatial

   Open Spatial Australia Pty Ltd is an Australian company delivering
geospatial solutions based on Oracle and Autodesk technologies
throughout the Asia Pacific region. Recognised for delivering
applications to Government and Utilities sectors throughout the
region, all our solutions are based on internationally accepted open
standards and world-class best practices. Open Spatial offers
innovative spatial infrastructure solutions to managing spatial data
from Survey through to Design, Construction and Ongoing Spatial Data
Management. www.openspatial.com.au

   About ViryaNet

   ViryaNet is a provider of software applications that improve the
quality and efficiency of an organization's service operations.
ViryaNet's products enable companies in the utilities,
telecommunications, retail and general service sectors to manage and
optimize mission critical business processes, resulting in increased
service revenues, decreased service costs, and maximized customer
satisfaction. The robust set of applications help companies improve
workforce scheduling, dispatching, and activity reporting; customer
contract and entitlement automation; and asset, logistics, and depot
repair management. Visit ViryaNet at www.viryanet.com.

   Safe Harbor Statement

   Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained in this press release
that are not purely historical are forward-looking statements within
the meaning of Section 21E of the Securities and Exchange Act of 1934,
as amended, including statements regarding ViryaNet's expectations,
beliefs, intentions, or strategies regarding the capabilities of its
products, its relationships with its customers, its customer
purchases, its future operational plans and objectives including
integration of other businesses, its future business prospects, its
future financial performance, its future cash position, and its future
prospects for profitability. All forward-looking statements included
in this document are based upon information available to ViryaNet Ltd.
as of the date hereof, and ViryaNet Ltd. assumes no obligation to
update any such forward-looking statements. Forward-looking statements
involve risks and uncertainties, which could cause actual results to
differ materially from those projected. These and other risks relating
to ViryaNet's business include market acceptance of and demand for the
Company's products, risks associated with a slow-down in the economy,
risks associated with the financial condition of the company's
customers, risks associated with competition and competitive pricing
pressures, risks associated with increases in costs and operating
expenses, risks in technology development and commercialization, the
risk of operating losses, risks in product development, risks
associated with international sales, and other risks that are set
forth in ViryaNet's reports filed from time to time with the
Securities and Exchange Commission. Reported results should not be
considered an indication of future performance. You should not place
undue reliance on these forward-looking statements, which speak only
as the date hereof. ViryaNet disclaims any obligation to publicly
update or revise any such forward-looking statements to reflect any
change in our expectations or in events, conditions, or circumstances
on which any such statements may be based, or that may affect the
likelihood that actual results will differ from those set forth in the
forward-looking statements.