KIRYAT BIALIK, Israel and LAS VEGAS, Jan. 30, 2006 (PRIMEZONE) -- The CEO of Integrated Software Development Ltd. (ISD) (Pink Sheets:ITWJ) Moti Maram, takes this opportunity to give you a brief update on ISD.
"We have invested much of our time and effort in new product development over the last few months. The input we have received from our longstanding customers gave us the drive to design and create new functionalities that will positively differentiate BENEFIT from all other CRM systems.
"BENEFIT continues to be a top CRM system for small- to mid-sized customers in service-intensive industries. Our new features and functions offer even greater operations efficiency and quality, still at cost-effective levels.
"Because of our need to concentrate on our research and development efforts, the Company decided to delay further press releases until the R&D was completed.
"Now, we have a cadre of new modules to add to our very successful sales and service modules. BENEFIT offers modules for the management of inventory, price lists, storage facilities, purchasing and multiple currencies.
"During this period, we have kept in close contact with our existing clients and have continued with our business development efforts, knowing that our new modules would be completed in December. As a result, future contracts are on the near horizon for the Company and we look forward to announcing these deals to the investment community."
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small-and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact invest-isd (@) isdsoft.com (please remove spaces and brackets) or visit us on the Web at http://www.isdsoft.com.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.