Ness Technologies (Nasdaq: NSTC) has extended its distribution agreement with SAP AG (NYSE: SAP) for the Israeli market until 2010.
For the last 11 years, IT services company Ness Technologies has been the product and professional services arm of SAP in Israel.
According to Ness, there are 196 mySAP installations at Israeli companies and organizations, with more than 100,000 end-users. Ness Technologies also partners with SAP worldwide in providing ERP solutions.
Ness Israel SAP Group president Ishay Shniadower said, "The extension of the agreement reflects the excellent ongoing relationship between Ness Technologies and SAP for the last 11 years. We are fully committed to ensuring the success of the partnership between our companies, and SAP's decision to sign the follow-on agreement is a recognition of this commitment. The partnership with SAP will continue to be instrumental for Ness' global expansion."
SAP Middle East managing director Sergio Maccotta said, "Ness Technologies has positioned SAP as the leading provider of ERP, CRM, SRM and a variety of industry solutions, in the Israeli market. We are looking forward to further strengthen our relationships in the coming years."
Published by Globes [online], Israel business news - www.globes.co.il - on December 25, 2005