KIRYAT BIALIK, Israel and LAS VEGAS, Feb. 23, 2005 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITDJ), a provider of enterprise software aimed at small-and medium-sized enterprises, today announced that it closed a contract with NTA Ltd., an Israeli government-owned company responsible for light-rail installations throughout the country.
The light-rail industry is not new to ISD. In July of 2004, the Company sold BENEFIT to E.L. Group, a major trade and infrastructure company in the Asian Pacific. The application is being used by the Manila Metro, an extremely complex transportation system.
The current sale of BENEFIT Anywhere to NTA will be used to manage customer service for the Tel Aviv-Yaffo light-rail system. By purchasing BENEFIT Anywhere, NTA will be able to create remote web-based customer service solutions, as well.
"Government-sponsored infrastructure projects represent a high-growth vertical market for BENEFIT Anywhere," says Moti Maram, ISD's CEO. "The product's versatility allows for building applications that can perform many functions from the planning stage all the way through to implementation. As we proved the advantages of BENEFIT in Manila, we hope that this project for the Tel Aviv-Yaffo light rail will lead to further projects that are slated for construction in Israel."
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
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 Joel Gering, at 011-972-52-398-3374 or invest@isdsoft.com 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.