HACKENSACK, New Jersey, October 18, 2010 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider of IT services and solutions, announced today that the Israeli Courts Administration has awarded a maintenance and operations contract for Israel's large national paperless e-filing system to Ness Technologies, IBM Global Services and Taldor. The contract, which is valued at NIS 60 million, or approximately $16.7 million, covers through the end of 2011, and Ness' share is NIS 25 million, or approximately $6.9 million. Ness is the prime contractor for the engagement.
The "Next Generation Court System," which is one of the most complex systems of its kind worldwide, was developed and deployed in phases over the last three years, and the roll-out was successfully completed in mid May 2010. The e-filing system was developed and deployed by Ness Technologies, IBM Global Services (IBM's services arm) and Taldor, with each company contributing added value in different parts of the project. Ness was the prime contractor.
The paperless system covers more than 40 locations and serves over 3,500 internal users in the court system throughout Israel. The centralized system manages court information, case filings and dockets of all of the country's 600 judges and their support staff, and is accessible to law firms, other public organizations and the general public. The system was established and is operated from a central site, with emphasis on command and control systems to ensure ongoing operation and service.
"We are very proud of the successful roll-out of our Next Generation Court System, and very satisfied with the professional design, development, infrastructure, testing and deployment services provided by Ness, IBM and Taldor throughout the project," said Judge Moshe Gal, Director of the Israeli Courts Administration. "The paperless system is a great contribution to Israel's legal community and judicial authority, making it one of the most advanced worldwide."
"The electronic filing system handles approximately one million new court filings and approximately 70 million new document pages per year," said Effi Kotek, president of Ness Israel. "It is a groundbreaking system that connects thousands of judicial authority personnel and over 52,000 external lawyers and other external users. We and our partners are pleased to have been selected to operate and maintain the system, and remain committed to best serve the judicial system."
During the agreement period, and following the deployment of the e-filing system, the Israeli Courts Administration will allocate resources to implement changes and improvements in the system, as well as adjustments for the users' needs, optimizing the service to the public.
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 7,800 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.
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 15, 2010. 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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