City West Water's Implementation of ViryaNet Product "Goes Live".SOUTHBOROUGH, Mass. -- ViryaNet Limited (Nasdaq: VRYA), a leading provider of software applications that automate business processes for mobile workforce management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space. and field service delivery, today announced that City West Water has successfully deployed the ViryaNet product to automate the management of its field service organization. City West Water (CWW CWW Compressed Work Week CWW City West Water (Australia) CWW Church Without Walls (various religious organizations) CWW Columbus Water Works (Columbus, Georgia, USA) ) is one of three retail water businesses located in metropolitan Melbourne and owned by the Victorian Government. CWW provides drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. , sewerage sewerage, system for the removal and disposal of chiefly liquid wastes and of rainwater, which are collectively called sewage. The average person in the industrialized world produces between 60 and 140 gallons of sewage per day. , trade waste, and recycled water services to approximately 276,000 residential and 31,300 non-residential (industrial and commercial) customers in Melbourne's Central Business District and the inner and western suburbs Western Suburbs (Wests) is the premier soccer club in Wellington, New Zealand and current holders of the Chatham Cup. The 2005 season was particularly successful for the club with the First Team claiming the Central League championship and the Reserve side gaining promotion to the . The ViryaNet mobile workforce management went live recently, automating approximately 100 CWW technicians who respond to reactive, scheduled, and SCADA (Supervisory Control And Data Acquisition) A process control application that collects data from sensors and machines on the shop floor or in remote locations and sends them to a central computer for management and control. jobs over a vast geographical area. For each of these job types, the ViryaNet product dispatches a crew with the appropriate skill mix, and presents the dispatcher Software that determines what pending tasks should be done next and assigns the available resources to accomplish it. It may execute other programs or generate a list for human operators to follow. See scheduler. with a geospatial view of locations of the job, the crew, and the CWW asset. Crews perform work and, through their field devices, provide updated information, including job status, asset details, condition reports, and resource utilization back to the dispatch. When field work is complete, the ViryaNet product routes the service request for review, action, and closure. For this implementation, the ViryaNet product was integrated with asset management, GIS (1) (Geographic Information System) An information system that deals with spatial information. Often called "mapping software," it links attributes and characteristics of an area to its geographic location. , and SCADA systems. With the ViryaNet product, CWW has improved the operational performance of its crews, including efficiently dispatching field technicians and resources to various job assignments. In addition, the ViryaNet product has expedited work orders, and has provided real-time updates of job progress in the office and field, thus, improving organizational efficiency, customer satisfaction, and job morale. The ViryaNet product is a complete workforce management solution, and includes functionality for call taking, scheduling and dispatch, case management, workflow, field-based GIS support, in-field data collection, and powerful integration software. Managing Director of City West Water Anne Barker was impressed with the innovation of the ViryaNet product, commenting that the new system contributes to the overall efficiency of the business. "City West Water constantly seeks ways to improve itself - through the optimization of processes and deployment of technology - so that we may better serve our customers. I am delighted with the benefits that we have received already from the implementation of the ViryaNet product." "City West Water is a leader in the field - a visionary organization, respectful of the environment, caring for their customers, and conscious of sound business practices. They seek continual improvement Continual Improvement (also called incremental improvement or staircase improvement) is a process or productivity improvement tool intended to have a stable and consistent growth and improvement of all the segments of a process or processes. , and, as such, are using technology and best practices to meet the needs of their customers, improve operational performance, build market share, and increase profits," stated Jeffrey Oskin, COO, ViryaNet. "Putting the ViryaNet product into operation is a significant step for CWW constituents and for us as their partner." About ViryaNet ViryaNet is a provider of software applications that improve the quality and efficiency of an organization's service operations. ViryaNet's products combine the power of the Internet, the Internet, the, international computer network linking together thousands of individual networks at military and government agencies, educational institutions, nonprofit organizations, industrial and financial corporations of all sizes, and commercial enterprises 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 depot repair management. Customers in the utility, telecommunications, grocery and retail, 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. Visit ViryaNet at www.viryanet.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this press release that are not purely historical are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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 Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , risks in technology development and commercialization, the risk of operating losses operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. , 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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