ViryaNet Annual Customer Conference Focuses on the User Experience and Business Value for Customers

Business Wire, Inc.

ViryaVision 2012 Continues the Mobile Workforce Management Journey

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, recently held its annual customer conference in Nashville, Tennessee.

The conference opened with a ViryaNet company update from CEO Memy Ish-Shalom, who welcomed new customers and recognized customers who are reaping the benefits of recent expansions and upgrades. He emphasized that ViryaNet and its customers are continuing the mobile workforce management journey together, focusing on the user experience, extensibility, and performance management in order to attain the maximum benefits of ViryaNet G4.

ViryaNet also welcomed its partners and conference sponsors, including GE Energy, Vodafone, Amdocs, SageQuest, and General Dynamics Itronix, to the annual customer conference.

At the conference, ViryaNet introduced a new user experience for the ViryaNet G4 mobile field application which enables processing of work, and bidirectional communication between the field and a dispatch center, via an intelligent mobile application, ensuring that field service workers remain efficient and productive throughout the day.

“I like the direction of ViryaNet’s product roadmap,” remarked Jennifer Hood, Supervisor, Data and Systems, UGI Utilities, “And it’s always great to meet with other users to share ideas and learn from one another.”

ViryaNet also announced a new Optimization and Performance Management program to help customers achieve continued benefits from ViryaNet G4. The program is designed to support periodic review of the ViryaNet G4 Optimizer’s performance and alignment to customers’ business objectives, and to provide measurements and analytics to realize ongoing business improvements.

“The presentations on current and future releases were strong and informative,” said Todd Gibson, System Administrator, Laclede Gas, “I’m also excited about the latest integration mechanisms with enhanced adaptors and tools, making it even easier to expand the usage of ViryaNet G4.”

“The feedback we get from our customers at this annual conference is invaluable to us,” said Jim Robidoux, Vice President, Customer Care, “We are committed to helping our customers get the most out of the ViryaNet G4 solution as we continue the mobile workforce management journey together.”

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.