Ness Technologies Inc (NSTC)

[ByloCellhi]

Shachar Efal Named President of Ness Israel - a Newly Formed Business Unit
Monday November 21, 7:01 am ET

http://biz.yahoo.com/prnews/051121/ukm006.html?.v=36

HACKENSACK, New Jersey and TEL-AVIV, Israel, November 21 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC - News), a global provider of IT solutions and services, today announced the formation of Ness Israel , a newly formed business unit, and the appointment of Shachar Efal as President of Ness Israel effective November 20, 2005

The formation of Ness Israel reflects Ness Technologies' commitment to increasing operating efficiency, reducing costs and improving flexibility to meet changing client and market needs. Under the new structure Ness merged its Israeli based IT Services and Managed Services groups to form Ness Israel. Ness Israel is now structured in line with the other business operations of Ness Technologies, which are organized around major geographical regions, including Ness Europe, Ness Asia Pacific and Ness USA. Ness' Systems Group, headed by Michael Zinderman, which focuses on the defense and telecom markets, will continue to operate as an independent group, despite its location in Israel, due to its unique global client base.

Ness Israel' formation includes the consolidation of Israeli business units and functions, including outsourcing and offshore, systems integration and application development, software and consulting, and quality assurance and training.

"The formation of Ness Israel and Shachar's appointment underscore the momentum that we are building throughout the Company. The streamlining of our Israeli operations further demonstrates Ness' commitment to growing our market share, increasing operational efficiencies and driving long-term profitability," said Raviv Zoller, President and CEO of Ness Technologies. "Shachar's appointment, as well as the appointment of other executives during the current round of appointments, is in line with our policy to promote outstanding executives. The current changes will enable me to increase my focus on Ness' global activities and growth."

"I am excited about the opportunity to serve Ness Technologies as president of Ness Israel and look forward to working with our wonderful Israeli team and network of partners," said Shachar Efal. "We will continue to do our utmost to deliver the highest quality and most innovative IT solutions and services to our customers."

Shachar Efal joined Ness Technologies in 1999 as president of the Company's Integration and Networking Group. Since January 2004, Efal has served as president of the Managed Services Group in Israel.

About Ness Technologies

Ness Technologies (NASDAQ: NSTC - News) is a global provider of end-to-end IT services and solutions designed to help clients improve competitiveness and efficiency. Specializing in outsourcing and offshore, systems integration and application development, software and consulting, and quality assurance and training, Ness serves a blue-chip client base of over 500 public- and private-sector customers. With over 5,700 employees, Ness maintains operations in 15 countries across North America, Europe and Asia, and more than 100 alliances and partnerships around the world. For more information about Ness, visit www.ness.com.