IPO Profile

Ness Technologies
160 Technology DriveCanonsburg, Pennsylvania 15317
Tel: 724-745-7100
Web:
Ticker: NSTC
Stock Exchange: Nasdaq
Shares Issued: 11,700,000.00
Price Offered: $12.00
Amount Raised: $140,400,000.00

Underwriters:
Lehman Brothers
Merrill Lynch & Co.
Friedman, Billings, Ramsey



Company Description:
We are a global provider of information technology, or IT, services and end-to-end solutions designed to help clients improve their competitiveness and effectiveness. Our portfolio of solutions and services includes outsourcing, system integration and application development, software and consulting, and quality assurance and training. We provide services to a significant number of clients in the commercial, industrial and government sectors. We have a highly skilled workforce of experienced IT employees and consulting professionals across our key vertical markets. The primary verticals we serve include government and defense, financial services, life sciences and healthcare, telecommunications and utilities, and independent software vendors, or ISVs. We combine our knowledge of these vertical markets and our clients' businesses with our technical expertise to deliver tailored solutions to our clients, many of whom are subject to rigorous regulatory requirements. We have operations in 14 countries across North America, Europe and Asia. We combine our deep vertical expertise and strong technical capabilities to provide a complete range of high quality services on a global scale. Our global delivery model, which integrates local and international personnel and leverages our corporate knowledge, intellectual property, personnel and experience, enables us to provide our clients with innovative information management and processing solutions. This is complemented by our offshore delivery capabilities to achieve meaningful cost reductions or other benefits for our clients.