New ViryaNet G4 Release Focuses on the User Experience and Advanced Exception Management Capabilities

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Provides Context and Proactive Exception Management to Increase the Effectiveness of the Mobile Workforce

WESTBOROUGH, MA, December 12, 2013 - ViryaNet Limited (OTC QB:VRYAF), a leading provider of software solutions that optimize and allow for the continuous improvement of service processes for mobile workforces, announced today the launch of the new ViryaNet G4 release which focuses on the user experience and advanced exception management capabilities.

This ViryaNet G4 release introduces the concept of a “To Do List” within the dispatch board, changing the approach from dispatchers searching for problems to the system proactively pushing problems to the dispatchers. By automatically detecting exceptions and adding notifications to the To Do List, ViryaNet G4 allows for proactive exception management.

The new release also creates an automatic connection between the problem and the context of the problem that needs to be solved. Through interactive views for the Gantt chart, the outstanding actions list, and the map, ViryaNet G4 provides context for the plan, the exception, and any information needed to solve the problem.

In addition, this ViryaNet G4 release allows dispatchers to enter their own search phrases instead of using predefined queries. The search feature displays auto-suggestions and historical searches and offers the ability to search for individual resources or work items which are then highlighted on the Gantt chart, the outstanding actions list, and the map.

“When dispatchers don’t handle exceptions properly, all the benefits gained by starting with a good plan are lost,” said Talmon Friedlander, Vice President, Product and Cloud Solutions, ViryaNet, “The focus of the new ViryaNet G4 release is to create the best possible user experience by optimizing the task flow and bringing together context, interaction, and the look and feel. Ultimately, this focus helps dispatchers make better decisions.”

“We are excited by this ViryaNet G4 release which is a transformation for service organizations, moving dispatchers from reactive to proactive,” said Aviram Hinenzon, Vice President, Marketing, ViryaNet, “Helping dispatchers make decisions more effectively means field technicians can be more effective. This is the heart of managing the mobile workforce.”

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.


Press Contact:

Dolores Fallon

ViryaNet, Ltd

508-490-8600, ext 5917

News Source : New ViryaNet G4 Release Focuses on the User Experience and Advanced Exception Management Capabilities

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