Demonstrates Innovative Product Strengths in Mobile User Experience and Performance Management

WESTBOROUGH, MA, May 15, 2013 - ViryaNet Limited (VRYAF), a leading provider of software solutions that optimize and allow for the continuous improvement of service processes for mobile workforces, announced today that Info-Tech Research Group has listed ViryaNet as an Innovator in their Field Service Automation Vendor Landscape report.

"With a strong mobile features and a modest price tag, ViryaNet is making waves in the SMB space," said Anastasia Shteyn, Consulting Analyst, Info-Tech Research Group. "ViryaNet is a strong vendor with strong scheduling and performance management features."

Info-Tech Research Group Vendor Landscape reports recognize outstanding vendors in the technology marketplace. Assessing vendors by the strength of their offering and their strategy for the enterprise, Info-Tech Research Group Vendor Landscapes pay tribute to the contribution of exceptional vendors in a particular category.

Focusing on vendors that offer broad capabilities across multiple platforms and that have a strong market presence or reputational presence among mid- and large-sized enterprises, Info-Tech Research Group evaluated vendors on viability, roadmap, global coverage, and channel strategy. Products were evaluated on features, usability, architecture, and affordability.

In the Info-Tech Research Group report, ViryaNet is listed 2nd out of 10 on the leading product scale and 3rd out of 10 in the Value Score. The Info-Tech Research Group report also noted that ViryaNet is a good choice for organizations looking for strong scheduling and performance management, highlighting the following strengths in the report:

  • ViryaNet made a significant investment in mobile over the past two years. Today, native Android and iOS applications are available, along with HTML5 access. ViryaNet is the only platform reviewed that leverages voice commands on mobile.
  • ViryaNet handles complex scheduling scenarios out-of-the-box.
  • The system focuses on performance management culture, and is able to provide the dispatchers feedback on the quality of their decisions over time.
  • Strong globalization features include a translated dictionary of terms that can be developed during implementation.

ViryaNet is also listed as an exemplary performer in proactive field service with its strategic planning component that allows organizations to forecast future service demand based on history, statistical models and the planner's knowledge. Based on this analysis, capacity planning decisions can be made.

"We will continue to advance new innovations that will help customers meet their current and future business goals," said Memy Ish-Shalom, President and CEO, ViryaNet. "Positioned as an 'Innovator' by Info-Tech Research Group is in recognition of our accomplishments in two key focus areas: an integrated Performance Management offering and an exceptional user experience geared towards the mobile revolution."

About Info-Tech Research Group
With a paid membership of over 30,000 members worldwide, Info-Tech Research Group (www.infotech.com) is the global leader in providing tactical, practical Information Technology research and analysis. Info-Tech Research Group has a 16-year history of delivering quality research and is North America's fastest growing full-service IT analyst firm.

About ViryaNet
ViryaNet delivers mobile workforce management solutions that intelligently guide, automate, and optimize both simple and complex field service work, resulting in measurable business benefits. ViryaNet's products, pre-packaged solutions and people are recognized within the industry as innovative which in turn enables its' customers to be viewed as leaders within their respective industries. ViryaNet's G4 products specialize in the functions of scheduling and dispatching resources and enabling mobile field communication and are delivered in industry specific configurations. Embedding industry best practices and utilizing innovative technologies like ViryaNet's BPM Blueprint for Mobile Workforce Management™, Microsoft InfoPath® and device agnostic mobile solutions enable ViryaNet's products to be rapidly deployed and extended to support virtually any business process across a wide range of industries. ViryaNet is proud to call many of the world's leading utilities, the United States' largest pure rural telecommunications firm, the supermarkets' most respected retailer, and North America's largest auto insurer as customers. ViryaNet has strong partnerships with leading platform and system integration companies that enable it to have a global presence. Headquartered in Westborough, MA, ViryaNet has additional offices in the United States and Israel. For more information visit our website or follow us on twitter.

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 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 as of the date hereof, and ViryaNet 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 ViryaNet's products, risks associated with a slow-down in the economy, risks associated with the financial condition of ViryaNet'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 annual report on Form 20-F, filed on April 29, 2013, and the other reports filed by ViryaNet 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 its 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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Press Contact:
Dolores Fallon
ViryaNet, Ltd
508-490-8600, ext 5917
Dolores.Fallon@viryanet.com

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