New implementation of leading mobile workforce management solution already returning benefits for Sheetz
Southborough, MA - April 29, 2009 - ViryaNet Limited (Other OTC: VRYAF.PK), a leading provider of software applications that optimize business processes for field service management, today announced Sheetz, a family-owned convenience store chain based in Altoona, Pennsylvania, successfully went live with
ViryaNet Service Hub for Retail on March 5, 2009.
Sheetz is using
ViryaNet Service Hub to automate its field service operations, including the activities associated with workforce management, facilities maintenance, and store equipment repair. To date, a number of technicians from the Store Support Group are live on
ViryaNet Service Hub performing maintenance work, including break/fix and planned preventative maintenance. These technicians are using either a handheld device or laptop to report activities in real-time from the field.
ViryaNet Service Hub is being used to optimize scheduling, dispatching, and provide in-field processing of the work orders regardless of connectivity. Sheetz is also using the ViryaNet solution to track and manage van inventory, collect travel and labor time associated with each job, and provide the ability to create work orders. All this information is integrated with Sheetz's corporate systems for financials, inventory and call logging including the Sheetz IVR solution for
subcontractor work order reporting. This provides Sheetz with an end to end, integrated business process solution for their workforce management and store management needs.
"
ViryaNet Service Hub provides us with the best solution to ensure maximum productivity from each of our field resources," said Mark Wilson, Director of Stores, Sheetz. "In addition,
ViryaNet Service Hub is already providing us great insight into opportunities for improvement in equipment selection, training of field technicians, cost management, and inventory control. The real benefit is to our end customers; we can ensure that every piece of equipment is maintained at maximum availability for all of our customers at all times.
Our customers have come to expect that all services and products are available at all times at all retail stores and Viryanet will allow us to ensure we are meeting our customers' expectations."
"We are pleased to be working with Sheetz and assisting them as they strive to achieve operational excellence within their operation," stated Jeff Oskin, COO, ViryaNet. "They are a well respected organization within their peer group and this only furthers our market leading position within the retail sector."
About Sheetz
Established in 1952 in Altoona, Pennsylvania, Sheetz, Inc. is one of America's fastest growing family-owned and operated convenience store chains, with more than $4.9 billion in revenue for 2008 and more than 12,000 employees. The company operates more than 350 convenience locations throughout Pennsylvania, West Virginia, Maryland, Virginia, Ohio and North Carolina. Sheetz provides an award-winning menu of MTO(R) subs, sandwiches and salads, which are ordered through unique
touch-screen order point terminals. Sheetz currently ranks 82nd on the Forbes list of largest private companies, and has been ranked for seven consecutive years on the list of Best Places to Work in Pennsylvania. All Sheetz convenience stores are open 24 hours a day, 365 days a year. For more information, visit www.sheetz.com.
About ViryaNet
ViryaNet provides packaged industry solutions that intelligently guide, automate, and optimize both simple and complex field service work, resulting in operational excellence. ViryaNet's solutions specialize in the functions of scheduling and dispatching resources and enabling mobile field communication. Embedding industry best practices and utilizing a powerful workflow engine, web architecture, and visibility suite, the ViryaNet solutions allow companies to outperform their
competition, better the customer experience, improve financial performance, and address regulatory compliance. ViryaNet possesses a 20-year history in the field service space, a vast number of customers across a variety of industries, and strong partnerships with leading platform and system integration companies. Headquartered in Southborough, MA, ViryaNet enjoys a worldwide presence with offices and customers located in North America, Europe, and the Pacific Rim. For more information, visit
www.viryanet.com.
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 and 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 Ltd. as of the date hereof, and ViryaNet Ltd. 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 the Company's products, risks associated with a slow-down in the economy, risks associated with the financial condition of the company'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 Form 20-F, dated September 29, 2008 and the other reports filed 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 our 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.