Leading Telecommunications Provider in Ecuador Selects ViryaNet’s Mobile Workforce Management Solution

ViryaNet G4 Integration with Amdocs Customer Management Solution Supports Higher Level of Customer Service

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 a leading telecommunications provider in Ecuador has selected ViryaNet’s mobile workforce management solution – ViryaNet G4.

ViryaNet G4 is integrated with Amdocs CM (Customer Management) solutions currently being deployed in order to create optimized assignments plans, provide real-time communication to and from the mobile workforce, allow field technicians to send and receive case details, and provide status updates via ViryaNet G4 to the Amdocs CM solution.

With the largest fiber optic network in Ecuador, this telecommunications provider achieves high capacity, high quality and efficiency for its customers, and has about 90% of Ecuador’s fixed telecom main lines, 90% of the digital subscriber market, and 54% of the fixed broadband market.

The implementation of ViryaNet G4 will enable increased efficiency of scheduling and dispatch operations for approximately 500 crews, improve workforce management and execution through a mobile-enabled system, as well as maintain and leverage existing system functionality and system assets.

“The Amdocs/ViryaNet relationship is strengthened by this strategic win for Amdocs,” said Memy Ish-Shalom, President and CEO of ViryaNet. “Telecommunications providers must maintain efficiency while providing high-quality service to customers in a highly competitive market. The ViryaNet G4 solution is well-suited to companies who want to differentiate through service. ViryaNet G4 can manage the complex and collaborative service delivery processes that the telecommunications market requires to deliver a higher level of service.”

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.

ViryaNet, LtdDolores Fallon, 508-490-8600, ext 5917
[email protected]

Source: ViryaNet