Ness Technologies Wins $17 Million Land Registry Contract in Slovakia
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Mon, 09 Nov 2009 12:07:05 GMT |
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Ness Technologies Inc |
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BRATISLAVA, Slovakia, November 9 /PRNewswire-FirstCall/ -- Ness
Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider of
information technology solutions and services, announced today that it has
won a public tender to provide online land registry (cadastre) services to
the Geodesy, Cartography and Cadastre Authority of the Slovak Republic. Ness
competed on the tender in cooperation with a partner, DWC Slovakia, which
will provide hardware for the deal, while Ness will provide intellectual
property, software development, system integration and support services.
Ness' portion of the three-year deal is valued at EUR13 million, or $20
million, including VAT, which corresponds to EUR11 million, or $17 million,
excluding VAT.
Ness Europe is one the biggest providers of solutions for the Central and
Eastern European eGovernment sector, including the computerization and
modernization of land registry processes. Ness has over 15 years of
experience in this field and has been instrumental in building both fee-based
and free land registry portals in Slovakia and in the Czech Republic, where
it established the country's entire land registry information system.
The Geodesy, Cartography and Cadastre Authority of the Slovak Republic
("GCCA"), which wished to extend its current information systems, announced
the public tender in June 2009 and awarded the contract in October - to a
consortium of Ness and DWC Slovakia. Ness and DWC have cooperated on other
public sector and state administration engagements previously.
"The successful execution of this project will launch 45 key online
services, which will allow the cadastral division to interface much more
closely with the public and private sectors, as well as other divisions of
the public administration," said L'udovit Hamas, Director of the Research
Institute of Geodesy and Cartography in Bratislava, in assessing the benefits
of this project. "We selected the consortium of Ness and DWC because of their
reputation as superior and reliable partners. We believe that this project
will facilitate and simplify access to the country's real estate cadastre not
only for corporate entities but especially for citizens."
"We are pleased to win this significant tender to enhance and extend the
GCCA's land registry system, and we view it also as an acknowledgment of our
expertise and experiences in the eGovernment sector", said Martin Kohut,
Managing Director Ness Slovakia. "We undertake a high responsibility with
this project; both to the GCCA and particularly to the citizens of Slovakia.
This engagement is in line with our goal to provide sophisticated,
well-functioning online services to citizens and thus to contribute to the
automation of our society."
Over the next 36 months, the engagement team will centralize Slovakia's
currently distributed real estate cadastre information system, thus creating
a unified and data-consistent source of land registry information. At the
same time, the team will make the system accessible to and applicable for
routine real estate legal transactions such as registering new properties,
updating or assigning property deeds, and getting information on the
processing status of applications filed by citizens. The system will also
produce property deed abstracts for legal actions, copies of cadastral maps
with valid vector cadastral coordinates, and registry information on owners
and other authorized persons.
DWC Slovakia is a well-established provider of document management
solutions for the public administration sector. It has long-standing
practical experiences and specialized know-how in the areas of document
governance, document management systems and enterprise content management
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; system integration, application development and
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 maintains
operations in 18 countries, and partners with numerous software and hardware
vendors worldwide. For more information about Ness Technologies, visit
http://www.ness.com.
Ness Slovakia, a subsidiary of Ness Technologies, ranks as one of the
most important companies on the Slovak IT market. It specializes in providing
end-to-end IT solutions and services for the most prominent local companies
in the electrical power industry and utilities, state and local government,
financial services, telecommunications, manufacturing and services.
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 17, 2008. Ness is under no
obligation to, 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.
Ness Technologies media contact - International:
David Kanaan
USA: +1-888-244-4919
Intl: +972-3-540-8188
Email: media.int@ness.com
Ness Technologies media contact - Slovakia:
NESS Slovensko, a.s.
Silvia Pullmannova
Marketing Director
tel.: +421-2-58261-000
fax: +421-2-58261-777
mobile: +421-0908-960-113
email: silvia.pullmannova@ness.com
SEESAME Communication Experts
Viktor Skulec
tel.: +421-917-654-602
fax: +421-2-4333-0003
e-mail: skulec@seesame.com
Ness Technologies investor contact:
Drew Wright
USA: +1-201-488-3262
Email: investor@ness.com
SOURCE Ness Technologies Inc
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