2014-06-10

Verisae, Inc. (“Verisae”), the leading global provider of the Connected
Facility – the integrated software platform that combines maintenance,
machine to machine monitoring, energy, and sustainability software
solutions into one – today announced the signing of a definitive
agreement to acquire ViryaNet Ltd. (OTC QB: VRYAF) (“ViryaNet”).
Headquartered in Westborough, MA, ViryaNet’s mobile workforce software
solutions optimize and allow for the continuous improvement of service
processes for companies with mobile workforces.

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