Infotech Enterprises and ViryaNet Sign Partner Agreement

  Infotech Enterprises and ViryaNet Sign Partner Agreement

   Combined Global Presence in Mobile Workforce Management Drives Business
                 Efficiency for Utility and Telecom Customers

Business Wire

WESTBOROUGH, Mass. -- December 20, 2012

Infotech and ViryaNet Limited (VRYAF) today announced a strategic partnership.
Infotech is a provider of leading-edge engineering solutions, and ViryaNet is
a leading provider of software solutions that optimize the planning,
execution, and monitoring of service processes for mobile workforces.

The partnership between Infotech and ViryaNet will provide a flexible
framework so that the joint relationship may evolve in a variety of ways in
response to customer demands and market conditions, particularly within the
Utilities and Telecommunications sectors. This relationship not only ensures a
combined global presence but also expands Infotech’s capabilities to include
the ability to deliver purpose-built mobile workforce management applications
for strategic planning, optimized scheduling, exception-based dispatch and
online/offline mobile work execution by integrating the best-of-breed mobile
workforce management solutions from ViryaNet.

Infotech Enterprises recently participated in the implementation training
program for ViryaNet’s mobile workforce management solution, ViryaNet G4. With
the successful completion of ViryaNet’s advanced training, Infotech’s highly
skilled and experienced engineers will become certified in ViryaNet G4.

“Infotech is delighted to be partnering with such a great technology company
as ViryaNet,” said John Renard, President UT&C business, Infotech Enterprises.
“The combination of Infotech’s proven integration skills and domain knowledge
with ViryaNet G4’s rich functionality will deliver significant value and
benefit to existing, and new, customers worldwide.”

“This new partnership with Infotech expands our global reach and our ability
to implement ViryaNet’s solutions worldwide,” said Jim Robidoux, Vice
President, Customer Care, ViryaNet. “Infotech and ViryaNet have a similar
focus: helping our customers drive business efficiency and provide better
service. In addition, ViryaNet’s integrated approach ensures customers can
meet these business objectives in a cost-effective way.”

About Infotech Enterprises

Infotech Enterprises provides leading-edge engineering solutions, including
product development and life-cycle support, process, network and content
engineering to major organizations worldwide. With nearly two decades of
continuous growth, Infotech leverages a global delivery and collaborative
engineering model to achieve measurable and substantial benefits for our
clients. Whether your organization needs to design innovative products faster,
optimize R&D costs, increase market share, enhance operational efficiency or
maximize the return on investment in your networks, Infotech Enterprises is
the ideal partner.

Infotech has over 10,000 associates across 35+ global locations. We adopt a
proactive approach to serve our clients with our best-in-class delivery
centers in North America, Europe, Middle East and Asia Pacific. Our clients
span multiple industries such as Aerospace, Consumer, Energy, Medical, Heavy
Equipment, Oil & Gas, Mining, HiTech, Transportation, Telecom and Utilities
and include 22 'Fortune 500' and 27 'Global 500' blue chip organizations. For
more information, visit www.infotech-enterprises.com.

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 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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Contact:

Infotech Enterprises
Pia Abraham, ++44 207 404 0640
Partner Marketing Manager
pia.abraham@infotech-enterprises.com
or
ViryaNet, Ltd
Dolores Fallon, 508-490-8600, ext 5917
Director, Marketing Communications
Dolores.Fallon@viryanet.com
 
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