VIRYANET'S EDWARD KRUFKA PRESENTED AT CAPACITY PLANNING CONFERENCE IN FULDA, GERMANY October 15, 2009 ViryaNet shared scheduling and dispatch best practices gleaned from over a decade in the business of automating scheduling and dispatch operations
Southborough, MA - October 15, 2009 - ViryaNet Limited (VRYAF.PK), a leading provider of software applications that optimize business processes for field service management, today announced that Edward Krufka, ViryaNet's Vice President of Marketing, spoke at the VWEW Capacity Planning Conference on September 30, 2009 in Fulda, Germany. Defined as determining the appropriate level of resources required to accomplish planned activities, Capacity Planning at this conference focused on setting up the best mobile workforce to successfully, safely, and efficiently execute forecasted work. The drivers for effective capacity planning are evident in today's world in a recent release by ViryaNet's Value Added Reseller, GE Energy, where they emphasized the importance of Capacity Planning, noting that now "it is even more important than ever to perform and operate as effectively as possible. As a substantial share of operating expenses relates to the on-site delivery of services, such as connecting a customer or maintaining an asset, it is essential to have a clear view on the volumes and natures of work to expect in the mid- to long-term future, and to be able to forecast how these workloads are likely to be distributed over time and over the service area. Such predictive knowledge then enables to plan in advance, which resource should be available when and where, and how they need to be trained and equipped to act with the biggest momentum and to achieve a maximum of customer satisfaction." GE Energy, working with ViryaNet, is taking to the market an automated response to this need. GE's Product Manager for their Field Force Automation solution, Oliver Schlageter, stated "With our new Forecasting & Planning Solution available, our complete Field Force Automation Solution further enhances its position as one of the most functionally complete and scalable Workforce Management solutions available on the market, helping to turn GE's vision of the 'Smart Grid' - which also requires smart field workers - into reality." Based on his over 25 years experience, the last 15 years focused on planning and scheduling simple and complex work for the mobile workforce, Mr. Krufka presented the best practices in building a planning and scheduling organization and operating that organization. The presentation covered Mr. Krufka's seven keys to building the right scheduling and dispatch organization, including the characteristics to look for when hiring schedulers and dispatchers, setting appropriate goals for the organization, and determining the best location for each employee in the scheduling and dispatch organization. Building on the right scheduling and dispatch organization, Mr. Krufka's presentation also discussed the best practices in strategic planning, tactical planning, operational planning, and exception-based management. "The best practices I discussed at the VWEW Capacity Planning Conference are bundled into the products and services that ViryaNet and its partners deliver to their customers on a daily basis," stated Mr. Krufka. "This presentation represented a collection of that deep knowledge in scheduling and dispatch operations." About GE Energy
GE Energy (www.ge.com/energy) is one of the world's leading suppliers of power generation and energy delivery technologies, with 2008 revenue of $29.3 billion. Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels. Numerous GE Energy products are certified under ecomagination, GE's corporate-wide initiative to aggressively bring to market new technologies that will help customers meet pressing environmental challenges. About GE
GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at http://www.ge.com. GE is Imagination at Work. 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. ### |