Pulsic Establishes Development Center in India With Ness Technologies

HACKENSACK, New Jersey, June 29 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC), a global provider of information technology (IT) solutions and services, today announced the establishment of an extended development center (EDC) with Pulsic Ltd., an electronic design automation (EDA) company that delivers integrated physical design solutions for analog, mixed signal and custom digital design, particularly for the high volume integrated circuit (IC) and memory markets. The new development center is located at Ness' facility in Bangalore, India.

The establishment of the new center is a part of a three-year, multi-million dollar contract between Pulsic and Ness Technologies. Pulsic has committed to the market in India by establishing an R&D team in Bangalore, working with Ness Technologies, which has proven knowledge and expertise. Ness helped Pulsic to establish the team and will assist Pulsic's R&D efforts in India with the necessary infrastructure and know-how, to build a best in class center of excellence.

"Integrated circuit EDA development requires advanced and specialized engineering skills, and the selection of Ness Technologies by Pulsic is a testimony to the quality and professionalism of Ness' expertise and experience," said Balram Pal, Senior Vice President and Managing Director, Ness UK. "We are committed to leveraging our capabilities to provide the highest quality services to our customers."

"Ness is an ideal fit for Pulsic. We have aggressive plans to accelerate product development and increase geographic reach to meet our growth plans. India has an abundance of outstanding engineers, and Ness EDC provides Pulsic with the right mix of processes and additional senior management capability to build a productive team quickly and hasten product development," said Ken Roberts, CEO, Pulsic.

About Pulsic

Pulsic Limited is the leading software company in delivering shape-based physical IC design solutions. Pulsic provides advanced physical design automation to high-volume IC markets and specializes in memory, complex analog, custom digital and mixed-signal IC designs. Pulsic's product range includes hierarchical floor planning, detailed placement, automatic routing and interactive editing. Pulsic has delivered more than 150 tape-outs with over 40 customers worldwide and is the only supplier of specialized layout automation for memory; six out of the top ten memory manufacturers use Pulsic. Pulsic was founded in January 2000 and is a privately held company, headquartered in Bristol, UK. For more information, email Email Contact, telephone +44-117-325-5000 or visit www.pulsic.com.

About Ness Technologies

Ness Technologies (NASDAQ: NSTC) is a global provider of end-to-end IT services and solutions designed to help clients improve competitiveness and efficiency. Ness specializes in outsourcing and offshore, systems integration and application development, software and consulting, and quality assurance and training. With 7,000 employees, Ness maintains operations in 15 countries across North America, Europe and Asia, and partners with over 100 software and hardware vendors worldwide. For more information about Ness visit www.ness.com.

Forward Looking Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are preceded by words such as "believes," "expects," "may," "anticipates," "plans," "intends," "assumes," "will" or similar expressions. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Ness' actual results could differ materially from those anticipated in these forward looking statements as a result of various factors. Some of the factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include the "Risk Factors" described in Ness' Annual Report of Form 10-K filed with the Securities and Exchange Commission on March 15, 2006.

    Media contact:
    David Kanaan
    USA: +1-888-244-4919
    Intl: +972-3-540-8188
    Email: 
Email Contact

    Investor contact:
    Drew Wright
    USA: +1-888-267-8160
    Email: 
Email Contact






Review Article Be the first to review this article

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Siemens Goes ECAD With Mentor Graphics Acquisition
Jobs
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
GIS Analyst II for Air Worldwide at Boston, MA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise