VRYA Viryanet Ltd. (MM)

ViryaNet (NASDAQ: VRYA), a leading provider of software applications that automate business processes for mobile workforce management, today announced that it will conduct an industry web seminar on the topic of Managing Complex Work. The free web seminar will be conducted from 12:00 PM to 12:45 PM EDT on April 24, 2007. �The field service sector is limited to software providers that offer solutions for managing only the simple work of reading meters, installing cables, performing PM, and similar tasks,� stated Jack McAvoy, Vice President, Marketing, ViryaNet. �This single dimensional work is very important, and certainly needs to be completed efficiently and expeditiously. But we understand that most service organizations conduct a wide range of work, and our web seminar introduces ViryaNet�s powerful, production-proven scheduling, dispatch, and mobile solution for both the simple and the complex jobs. �Complex work is longer in duration, and, by definition, includes myriad resource requirements, including employees, crews, vehicles, and equipment. It consists also of sensitive time requirements and a hierarchy of tasks with complicated dependencies between tasks within the single project or across many projects. �For example, certain work, such as extending a gas line into a new subdivision or erecting a new retail store, includes hundreds of discreet tasks. Some of these tasks must be done serially, others in parallel. Some require people with very specific skills. Others require special parts or tools.� The ViryaNet solution takes a holistic view of such jobs, allowing you to flexibly define complex work types, supporting automated and/or manual scheduling and dispatch processes, and providing clear visibility into the progress of all work. Benefits are many, and include Efficiency � Consolidating all technicians on a single platform optimizes resource utilization. Savings � Getting the right people and parts to the right place at the right time precludes unnecessary truck rolls and eliminates overtime. Consistency � Automating all planning and dispatching functions � for both simple and complex work � ensures that your organization�s business rules are applied to all scenarios. Quality � Removing, by automating, the mundane and tedious functions of scheduling and dispatching workers and resources enables the dispatcher and supervisor to focus on managing the exceptions. Communication � Supporting bi-directional communication keeps both the field and headquarters aware of important changes and updates, such as job status, materials used, and time sheet submissions. Companies with field service operations within the utility, telecommunications, retail, insurance, and general service sectors are invited to this free web seminar. The web seminar is geared toward senior executives of service, operations, and IT; and service personnel involved in field supervision, dispatch, and delivery. To register for the web seminars, visit www.viryanet.com or call 800-661-7096. About ViryaNet ViryaNet is a provider of software applications that improve the quality and efficiency of an organization�s service operations. ViryaNet�s products enable companies in the utility, telecommunications, retail, insurance, and general service sectors to manage and optimize mission-critical business processes. ViryaNet�s products improve the functions of work order management, scheduling and dispatch, business activity monitoring, and mobile field communication. Embracing a business process management architecture, the ViryaNet products intelligently guide, automate, and optimize field service work � both simple and complex. The results are improved operational performance, a better customer experience, and a higher degree of regulatory compliance. 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.