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| [January 24, 2013] |
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ViryaNet Mobile Workforce Management Solution Selected by International Provider of Water, Wastewater Management and Energy
WESTBOROUGH, Mass. --(Business Wire)--
ViryaNet
Limited (VRYAF), a leading provider of software solutions that optimize
the planning, execution, and monitoring of service processes for mobile
workforces, announced today that ViryaNet's (News - Alert) mobile
workforce management solution was selected by an international
provider of water, wastewater management and energy.
With operations across Europe, this implementation for one of the
largest water supply companies in Germany is for the planning, control, optimization
and execution of contracts to ensure more efficient processes, reduced
error rates, greater flexibility in the processing of work orders, and
data availability via mobile devices. ViryaNet's solution supports all
popular devices from the tablet PC to the smartphone.
The interfaces with a comprehensive, enterprise-wide order management
include GIS, a document management system, and ViryaNet's mobile
workforce management solution to handle renewal and modification,
repair, inspection and maintenance, meter replacement, meter reading and
collections.
"ViryaNet and its partners bring refreshing and unique, business-focused
capabilities to service organizations across the globe," said Memy
Ish-Shalom, President and CEO, ViryaNet. "Our integrated approach -
consisting of a Performance Management practice and an innovative
product - helps our customers meet their business goals and achieve
continuous improvement."
About ViryaNet
ViryaNet
delivers mobile workforce management solutions that intelligently guide,
automate, and optimize both simple and complex field service work,
resulting in measurable business benefits. ViryaNet's products,
pre-packaged solutions and people are recognized within the industry as
innovative which in turn enables its' customers to be viewed as leaders
within their respective industries. ViryaNet's G4 products specialize in
the functions of scheduling and dispatching resources and enabling
mobile field communication and are delivered in industry specific
configurations. Embedding industry best practices and utilizing
innovative technologies like ViryaNet's BPM Blueprint for Mobile
Workforce Management™, Microsoft (News - Alert) InfoPath® and device agnostic mobile
solutions enable ViryaNet's products to be rapidly deployed and extended
to support virtually any business process across a wide range of
industries. ViryaNet is proud to call many of the world's leading
utilities, the United States' largest pure rural telecommunications
firm, the supermarkets' most respected retailer, and North America's
largest auto insurer as customers. ViryaNet has strong partnerships with
leading platform and system integration companies that enable it to have
a global presence. Headquartered in Westborough, MA, ViryaNet has
additional offices in the United States and Israel. For more information visit
our website or follow
us on twitter.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: The statements contained in this press release that are not
purely historical are forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended,
including statements regarding ViryaNet's expectations, beliefs,
intentions, or strategies regarding the capabilities of its products,
its relationships with its customers, its customer purchases, its future
operational plans and objectives including integration of other
businesses, its future business prospects, its future financial
performance, its future cash position, and its future prospects for
profitability. All forward-looking statements included in this document
are based upon information available to ViryaNet as of the date hereof,
and ViryaNet assumes no obligation to update any such forward-looking
statements. Forward-looking statements involve risks and uncertainties,
which could cause actual results to differ materially from those
projected. These and other risks relating to ViryaNet's business include
market acceptance of and demand for ViryaNet's products, risks
associated with a slow-down in the economy, risks associated with the
financial condition of ViryaNet's customers, risks associated with
competition and competitive pricing pressures, risks associated with
increases in costs and operating expenses, risks in technology
development and commercialization, the risk of operating losses, risks
in product development, risks associated with international sales, and
other risks that are set forth in ViryaNet's annual report on Form 20-F,
filed on May 14, 2012, and the other reports filed by ViryaNet from time
to time, with the Securities and Exchange Commission. Reported results
should not be considered an indication of future performance. You should
not place undue reliance on these forward-looking statements, which
speak only as the date hereof. ViryaNet disclaims any obligation to
publicly update or revise any such forward-looking statements to reflect
any change in its expectations or in events, conditions, or
circumstances on which any such statements may be based, or that may
affect the likelihood that actual results will differ from those set
forth in the forward-looking statements.
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