Alliance Combines The Right Tools With The Right Application to Automate the Continuum of Utilities Field Service
Southborough, Mass. - August 20, 2002 - ViryaNet (NASDAQ: VRYA), a leading provider of integrated mobile and Web-based software applications for workforce management and the automation of field service delivery, today announced a partnership with Utility Safety Accessories & Technology Corporation (USAT), a premier provider of ruggedized field computing hardware to the utility industry. The partnership joins USAT's top-quality hardware systems with ViryaNet's mobile
workforce management solution to meet the full range of workforce management capabilities - from extending and unifying existing systems with Web-based scheduling, dispatch, and mobile functionality, to automating all workforce and resource management steps in complex installation and construction projects.
"As wireless coverage becomes more readily available nationwide, USAT's customers see the business case for leveraging the power of Web-based software to maximize productivity," said Beverly McRae, director of sales, USAT. "ViryaNet is an exciting partner, capable of delivering world-class automated field resource management applications to our utility-industry customers."
"It makes sense to marry USAT's ruggedized devices with ViryaNet's utilities solution," said Clint Fuller, vice president, alliances, ViryaNet. "The combined offering will enable USAT customers to automate their front-to-back field service activities - from short duration tasks to the more complex work management issues of non-linear, resource-intensive construction, installation, and
maintenance projects - all from the convenience of a reliable wireless device."
About USAT
USAT, based in Chapel Hill, North Carolina, is a field computing systems integrator dedicated to maximizing the uptime of outside plant workers in the utility industry. Since USAT's clients often contend with harsh environmental factors during day-to-day operations, USAT makes it a priority to provide technology solutions built on durable, industry-tested hardware. A full-service hardware partner, USAT
provides and installs ruggedized laptops, handhelds, printers, and data modems into fleet vehicles. USAT also offers clients post-sales support and services focused on helping companies successfully manage a large deployment of computer technology in the field.
About ViryaNet
ViryaNet is a provider of software applications that improve the quality and efficiency of an organization's service operations. ViryaNet's flagship product - the award-winning ViryaNet Service Hub - combines the power of the Internet, the freedom of wireless technologies, and the resources of ViryaNet's deep service expertise to help companies improve workforce scheduling, dispatching, and
activity reporting; customer contract and entitlement automation; and asset, logistics and repairs management.
Customers in the telecommunications, utility, high-technology manufacturing, grocery and retail, insurance, HVAC, and other industries use ViryaNet Service Hub to transition complex service business processes into a manageable, scalable Internet operation, with the goal of increasing service revenues, decreasing service costs, and maximizing customer satisfaction.
Forward-Looking Statements
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 and its relationships with its customers and partners. 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
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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. 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.