TEANECK, New Jersey, May 3, 2011 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider of information technology solutions and services, announced today that its Software Product LabsSM business unit was selected as a software product engineering partner to StepStone Solutions, a global provider of talent management solutions, in a three-year engagement.
Ness and StepStone inaugurated the software development lab in Mumbai, India in November 2010. The 60-person Ness team is leveraging Ness' Adaptive Agile framework for distributed teams to help StepStone Solutions accelerate the development its SaaS-based talent management systems. The Ness capability adds to other development centers operated by StepStone Solutions around the world, allowing the company to increase the depth of resources it applies to the development of world-class products. StepStone Solutions grew its global business by around 30% in 2010, and now serves over 1,700 customers in 70 countries.
"StepStone Solutions is one of the world's leading providers of talent management solutions, and we are pleased to partner with them on the development of their SaaS-based talent management system and an upgrade of their infrastructure," said Joe Lagioia, President, Ness North America, Enterprise Services & Software Product Engineering. "We look forward to ongoing collaboration with StepStone Solutions to help evolve its software products and support the successful expansion of its business worldwide."
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; and system integration, application development, 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 7,700 employees, Ness has operations in North America, Europe, Israel and India, has customers in over 20 countries, and partners with numerous software and hardware vendors worldwide. For more information about Ness, visit http://www.ness.com.
About StepStone Solutions
StepStone Solutions delivers world class technology for finding, recruiting, retaining, managing and developing people. Our global talent acquisition and talent management solutions are available in many languages, with seamless, internet-based access. With the support of our experienced professionals they can be quickly and reliably implemented anywhere in the world, using SaaS or on-premises delivery, to give rapid return on investment. Over 1,700 organizations in 70 countries rely on StepStone Solutions every day to improve their business performance, build effective talent strategies, and to help their people have more effective, enjoyable and rewarding careers. StepStone Solutions operates in 16 countries and employs around 550 people. Its global customers include Alibaba, Bank of China International, Carlson Wagonlit, France Telecom, Deloitte, Deutsche Telekom, Grupo Azucarero Mexico, Heineken, Huawei, Lufthansa, Kruger Products, PUMA, and Virgin Atlantic. For more information about StepStone, visit http://www.stepstonesolutions.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 4, 2011. 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.
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