ViryaNet Announces the Availability of New Product Release, ViryaNet WorkUP Version 6.6.61

  
    
  
  
    
      ViryaNet (NasdaqSC: VRYA), a leading provider of software applications 
      that automate business processes for mobile workforce management and 
      field service delivery, today announced at its customer conference in 
      Orlando the release and availability of ViryaNet WorkUP version 6.6.61.
    
    
      With this release, all ViryaNet WorkUP customers can now utilize the 
      robustness of ViryaNet Service Scheduler, the powerful scheduling and 
      optimization engine.
    
    
      "This latest version of the ViryaNet WorkUP product is rich in features 
      and benefits," stated Mike Hirst, Mobile Services Manager, Montana 
      Dakota Utilities Company. "The development of the product was guided by 
      us, the ViryaNet customers. I fully anticipate that the product will 
      help us increase the efficiency of our technicians and dispatchers, 
      heighten management awareness of field activity, and improve 
      responsiveness to and satisfaction of customers.”
    
    
      This release contains many new efficiency improvements to 
      MobileDispatch, expanded timesheet functionality for crew resources, as 
      well as integration with Service Scheduler, ViryaNet’s 
      algorithmic scheduling optimizer. The new product also contains 
      technical currency improvements throughout the entire suite.
    
    
      “We invest significantly in our R&D efforts, 
      and we are committed to continuously bringing real business value to our 
      customers. With the incorporation of Service Scheduler into the WorkUP 
      product, customers will see improvements in operational efficiency and 
      reduction in costs, including less fuel consumption," stated Jeff Oskin, 
      COO, ViryaNet.
    
    
      ViryaNet WorkUP v6.6.61 boasts many new features, enhanced 
      functionality, and major technological improvements. Highlights include:
    
    
      MobileField Timesheet Process Enhancements – 
      enables crew leaders to indicate and track time for individual crew 
      members throughout the day, and manage crew make-up from the field.
    
    
      WorkUP Integration with ViryaNet Schedule Scheduler Optimizer – 
      reviews a host of criteria, selects the right resource(s), and optimizes 
      routes, ensuring that the right technician arrives at the right place 
      and at the right time – at the lowest cost.
    
    
      Technical Currency – supports Oracle 
      10g and Oracle 9i as well as Crystal 10.
    
    
      Tried-and-Proven Standard Product
    
    
      ViryaNet WorkUP v6.6.61 is the newest and latest release of the proven 
      ViryaNet solution suite, and is installed at numerous utility companies.
    
    
      Pricing and Availability
    
    
      ViryaNet WorkUP v6.6.61 pricing is based on the number of users and 
      application functionality deployed, enabling significant ROI for 
      utilities of varying sizes. ViryaNet WorkUP v6.6.61 is available 
      immediately for general distribution and implementation.
    
    
      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 utility, telecommunications, retail, insurance, and 
      general service sectors to manage and optimize mission critical business 
      processes. The results are increased service revenues, decreased service 
      costs, and maximized customer satisfaction. ViryaNet’s 
      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 
      Form 20-F, dated June 30, 2006, and the other 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 (NasdaqSC: VRYA), a leading provider of software
applications that automate business processes for mobile workforce
management and field service delivery, today announced at its customer
conference in Orlando the release and availability of ViryaNet WorkUP
version 6.6.61.

   With this release, all ViryaNet WorkUP customers can now utilize
the robustness of ViryaNet Service Scheduler, the powerful scheduling
and optimization engine.

   "This latest version of the ViryaNet WorkUP product is rich in
features and benefits," stated Mike Hirst, Mobile Services Manager,
Montana Dakota Utilities Company. "The development of the product was
guided by us, the ViryaNet customers. I fully anticipate that the
product will help us increase the efficiency of our technicians and
dispatchers, heighten management awareness of field activity, and
improve responsiveness to and satisfaction of customers."

   This release contains many new efficiency improvements to
MobileDispatch, expanded timesheet functionality for crew resources,
as well as integration with Service Scheduler, ViryaNet's algorithmic
scheduling optimizer. The new product also contains technical currency
improvements throughout the entire suite.

   "We invest significantly in our R&D efforts, and we are committed
to continuously bringing real business value to our customers. With
the incorporation of Service Scheduler into the WorkUP product,
customers will see improvements in operational efficiency and
reduction in costs, including less fuel consumption," stated Jeff
Oskin, COO, ViryaNet.

   ViryaNet WorkUP v6.6.61 boasts many new features, enhanced
functionality, and major technological improvements. Highlights
include:

   MobileField Timesheet Process Enhancements - enables crew leaders
to indicate and track time for individual crew members throughout the
day, and manage crew make-up from the field.

   WorkUP Integration with ViryaNet Schedule Scheduler Optimizer -
reviews a host of criteria, selects the right resource(s), and
optimizes routes, ensuring that the right technician arrives at the
right place and at the right time - at the lowest cost.

   Technical Currency - supports Oracle 10g and Oracle 9i as well as
Crystal 10.

   Tried-and-Proven Standard Product

   ViryaNet WorkUP v6.6.61 is the newest and latest release of the
proven ViryaNet solution suite, and is installed at numerous utility
companies.

   Pricing and Availability

   ViryaNet WorkUP v6.6.61 pricing is based on the number of users
and application functionality deployed, enabling significant ROI for
utilities of varying sizes. ViryaNet WorkUP v6.6.61 is available
immediately for general distribution and implementation.

   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 utility,
telecommunications, retail, insurance, and general service sectors to
manage and optimize mission critical business processes. The results
are increased service revenues, decreased service costs, and maximized
customer satisfaction. ViryaNet's 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 Form 20-F, dated June 30, 2006, and the other
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.