Presenters to include ViryaNet partners and industry leaders.
Southborough, MA - February 13, 2007 - ViryaNet (NASDAQ: VRYA), a leading provider of software applications that automate business processes for mobile workforce management, today announced that it will conduct a series of industry web seminars during the first half of 2007, which will focus on helping service organizations improve operational performance through the application of technology.
The web seminar series - geared toward senior executives of service, operations, and IT; and service personnel involved in field supervision, dispatch, and delivery - will be conducted on the following dates:
- Incorporating Environmental Awareness Into Your Service Operation - March 13, 2007 (with industry spokesperson William Pollock)
- Managing Complex Work - April 24, 2007
- Integrating Mobile Workforce Management With Outage Management Systems (OMS) - May 22, 2007 (with ViryaNet's strategic partner in the energy industry)
Companies with field service operations within the utility, telecommunications, retail, insurance, and general service sectors are invited to these free web seminars.
To register for the web seminars, visit
www.viryanet.com or call 800-661-7096.
Each web seminars will be conducted from 12:00 PM to 12:45 PM Eastern Time on the aforementioned dates. Attendees will learn how the ViryaNet's solutions improve the functions of work order management, scheduling and dispatch, business activity monitoring, and mobile field communication.
"Our informative, content-rich, and fast-paced web seminar series will present analysis of industry trends, information on new solutions, and real examples on how to increase service revenue, improve operational efficiency, and boost customer satisfaction," stated Jack McAvoy, Vice President, Marketing, ViryaNet.
About ViryaNet
ViryaNet is a provider of software applications that improve the quality and efficiency of an organization's service operations. ViryaNet's products enable companies in the utility, telecommunications, retail, insurance, and general service sectors to manage and optimize mission-critical business processes. ViryaNet's products improve the functions of work order management, scheduling and
dispatch, business activity monitoring, and mobile field communication. Embracing a business process management architecture, the ViryaNet products intelligently guide, automate, and optimize field service work - both simple and complex. The results are improved operational performance, a better customer experience, and a higher degree of regulatory compliance. Visit ViryaNet at
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 July 15, 2005, 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.
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