Ness Technologies Inc (NSTC)

[ByloCellhi]

Increased Guidance

Guidance

For the fourth quarter 2005 Ness expects to generate revenues in the range of $101 million to $104 million and diluted net earnings per share in the range of $0.17 to $0.20.

The Company is increasing its 2005 annual revenue guidance to a range of $381 million to $384 million, from its previously stated range of $376 million to $381 million, based on the increased revenue contribution expected from Ness Slovakia as result of the Delta acquisition which closed on October 3, 2005.

Full year 2005 diluted net earnings per share guidance remains in the range of $0.63 to $0.66.