September 16, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Ness Technologies, Inc. (NASDAQ: NSTC), a provider of IT services and solutions, said that it has been awarded a contract by Israel's Meitav Regional Water and Sewage Corp. Ltd. to provide development, improvement and maintenance services for the company's SAP-based enterprise resource planning and billing system. According to Ness, the five-year engagement is valued at NIS 14.1 million, or around $3.7 million.

The contract also includes an optional 3-year extension, valued at an additional NIS 8.5 million, or approximately $2.2 million.

Meitav provides water and sewage services to 90,000 households, businesses and public institutions in the towns of Petach Tikva, El'ad and Kafr Bara, east of Tel Aviv. Meitav serves around 250,000 inhabitants in total.

The system, called Meitavit, is an end-to-end water and sewage services management system.

New Jersey-based Ness Technologies is a provider of IT and business services and solutions with specialized expertise in software product engineering; and system integration, application development, consulting and software distribution.

Ness has operations in North America, Europe, Israel and India.

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