Company also announces availability of its solution for Palm VII Series Wireless Handhelds
Southborough, Mass. - May 31, 2001 - ViryaNet (NASDAQ: VRYA), a provider of wireless workforce management solutions for field service communities, today announced that it has become a Select Member of the Palm Alliance Program. ViryaNet also announced the availability of its Service Hub for Wireless Workforce Management solution for PalmÔ VII series wireless handheld computers(1), in addition to ongoing support and availability of its Service Hub solution for Palm III and V
series handhelds.
ViryaNet offers a comprehensive wireless workforce management solution that encompass all stages of service delivery, resource planning and utilization, performance evaluation, strategic decision making, and service process design and implementation. Now, at the touch of a button on a Palm VII series wireless handheld, mobile field engineers can receive work orders, inquire about customer profiles, review
contract terms and customer entitlements, drill down into product history, and determine parts availability - critical information to better and efficiently manage customer relationships.
"Our software solution provides mobile professionals and other workers with access to the critical business information they need," said Jay Sherry, senior vice president of worldwide marketing and business development, ViryaNet. "Using ViryaNet's Wireless Workforce Management solution, service companies can connect their mobile workers with the rest of the organization, take advantage of
their existing technology investments, and extend critical data from the desktop to handheld computers."
"Like Palm, ViryaNet is intent upon providing highly marketable, business-to-business solutions. Joining the Palm Alliance Program will help us deliver our wireless workforce management solution to the Palm OS community," stated Jacqueline Paulus, manager of strategic alliances, ViryaNet.
About ViryaNet
ViryaNet is a provider of enterprise and mid-market wireless workforce management solutions for field service communities. These solutions enable field service organizations to efficiently schedule and dispatch field service personnel, capture and record logistics and labor activity, and monitor, report, and measure this activity - meeting an organization's installation, preventative maintenance, and
break-fix obligations. ViryaNet's wireless workforce management solution supports wireless devices over standard wireless networks.
ViryaNet's solutions feature application program interfaces (APIs) that allow organizations to integrate popular front- and back-office applications. ViryaNet's professional services team and implementation partners enable implementation of the Company's solutions for wireless workforce management.
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, its future business prospects, its future financial performance, and its future prospects for profitability. All forward-looking statements included in this document are based upon information available to ViryaNet Inc. as of the date hereof, and ViryaNet Inc. 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 are set forth in ViryaNet's Form F-1, as amended, declared effective by the SEC on September 19, 2000, and the other reports filed from time to time with the Securities and Exchange Commission.
(1) Wireless access on Palm VII series handhelds requires activation of the Palm.Net(R) service.
Palm.Net is a registered trademark and Palm is a trademark of Palm, Inc. or its subsidiaries.