VRYA Viryanet Ltd. (MM)

ViryaNet Limited (Nasdaq: VRYA), a leading provider of software applications that automate business processes for mobile workforce management 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) is one of three retail water businesses located in metropolitan Melbourne and owned by the Victorian Government. CWW provides drinking water, sewerage, 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. The ViryaNet mobile workforce management went live recently, automating approximately 100 CWW technicians who respond to reactive, scheduled, and SCADA 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 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, 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, 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 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 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.