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As of 9:30 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

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viryanet ltd (VRYAF) Details

ViryaNet Ltd. provides integrated mobile and Web-based software applications for workforce management and the automation of field service delivery in North America, Europe, the Asia Pacific, and South America. Its solutions schedule and dispatch resources, enable mobile field communication, and provide visibility and operational guidance. The company also offers software applications for spare parts logistics, contract management, and depot repair operations. Its ViryaNet G4 product suite provides Web-based solutions that optimize the life cycle of field service operations, including the creation of work orders, scheduling and dispatching field personnel, tracking equipment under warranty, managing spare parts inventory, and receiving real-time reports from the field. The company also offers ViryaNet G4’s integrated process-oriented components that address the full lifecycle of mobile workforce management. In addition, it provides implementation, consulting, integration, customization, post-contract maintenance support, and training services. ViryaNet Ltd. provides its products and services through direct sales force, as well as through relationships with system integrators, application service providers, and resellers to utilities, telecommunications and cable/broadband companies, retail/grocery companies, health care and insurance companies, and general service providers. The company was formerly known as RTS Software Ltd. and changed its name to ViryaNet Ltd. in April 2000. ViryaNet Ltd. was founded in 1988 and is headquartered in Westborough, Massachusetts.

62 Employees
Last Reported Date: 07/3/14
Founded in 1988

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viryanet ltd (VRYAF) Key Developments

Convenience Store Chain Selects ViryaNet Cloud and Field Application

ViryaNet Limited announced the selection of ViryaNet Cloud and ViryaNet G4 Field Application by one of the larger privately-owned companies in the convenience store industry. This convenience store chain, which offers groceries, tobacco, alcohol, personal care products, and gasoline through its 600+ stores in the United States, needed a system for facilities maintenance and environmental management that could: manage a wide array of work creation models; assign and dispatch to both in-house and subcontractor resources; extend field reporting to accommodate a variety of smartphones; streamline call closing and invoice processing; improve parts and asset tracking; and increase operational visibility via key performance indicators and dashboards. The company selected ViryaNet for the completeness of its solution, including scheduling, dispatch, inventory and parts management, invoice verification, timesheets, and performance management. ViryaNet Cloud delivers the breadth and depth of ViryaNet G4 over a trusted cloud infrastructure in a unique deployment model that assures quick time-to-value without compromising a service organization's ability to build their unique service DNA into the solution and continuously improve.

ViryaNet Ltd., Annual General Meeting, Jul 10, 2014

ViryaNet Ltd., Annual General Meeting, Jul 10, 2014., at 16:00 Israel Standard Time. Location: principal executive offices of the company Located at 8 HaMarpe St.. Agenda: To elect the panel of five directors to the Board of Directors of the company, each director individually to serve until his respective successor is elected and qualified, except that Dr. Andy Ben-Artzy, is proposed to be re-elected as an external director under the Israeli Companies Law, 5759-1999, as amended for an additional three year term; to consider that Yehezkel CPA LLC., be appointed as the independent auditors of the company until immediately following the next annual meeting of shareholders and that the Audit Committee of the Board of Directors is authorized to fix the remuneration of the auditors in accordance with the nature of their services.

ViryaNet Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

ViryaNet Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total revenues of approximately $2.4 million, an 18.8% decrease from approximately $2.9 million for the same period in 2013 and a 29.6% sequential decrease from approximately $3.4 million in the fourth quarter of 2013. Operating loss for the first quarter of 2014 was $356,000, compared to operating income of $340,000 in the corresponding quarter of 2013 and compared sequentially to operating income of $908,000 in the fourth quarter of 2013. Net loss for the first quarter of 2014 was $379,000, or $0.09 of basic and diluted loss per share, as compared to net income of $243,000, or $0.06 of basic and diluted income per share, for the same period in 2013 and compared sequentially to net income of $832,000, or $0.20 of basic and $0.19 of diluted income per share in the fourth quarter of 2013.


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