Dorado Corporation and Ness Technologies Partner to Provide Lending Institutions with Greater Flexibility in the Implementation of Dorado’s Software-as-a-Service Loan Origination Solutions

Dorado Corporation, a leading North American provider of on-demand consumer lending automation solutions, and Ness Technologies, Inc. (NASDAQ: NSTC), a global provider of information technology solutions and services, today announced a strategic partnership to provide lenders with more flexibility in their choice of service providers for the implementation, integration and future enhancements of Dorado’s software-as-a-service (SaaS) Enterprise Lending Solutions (ELS).

The new Implementation Partner Agreement between the two companies empowers Ness’ software engineering professionals to implement Dorado’s SaaS solutions for any organization utilizing the Dorado platform. The partnership expands the number of highly talented professionals trained to deploy Dorado’s enterprise lending system as well as the number of countries in which the company’s solutions are immediately deployable. In addition, the partnership enables the two companies to work together to promote the modification of existing features, or the development of new products for the Dorado platform on behalf of existing and prospective financial institution customers.

Since 2004, Ness has operated a dedicated software product lab and engineering development center for Dorado in India, and served as an important software development partner for Dorado. This specialized knowledge makes Ness a strong professional services partner for financial services firms implementing Dorado’s solutions. In tandem with Dorado’s professional services group, Ness’ onsite professional services engineers are currently deploying Dorado’s enterprise lending solutions at a top 10 global financial services firm. The relationship has provided this leading institution with broad flexibility in the customized deployment of mission-critical SaaS loan origination solutions developed on Dorado’s platform-as-a-service (PaaS) architecture.

Rob Carpenter, a Dorado Founder and the company’s CTO, commented, "The creation of a formal implementation partnership with Ness provides financial institutions with greater options for deploying Dorado’s SaaS solutions. This strategic relationship demonstrates our willingness to provide our customers with the ability to determine who will implement our solutions, in what manner, and where.”

The evolution of Ness from software engineering partner to implementation partner provides Dorado with the ability to explore opportunities for extending its SaaS technology and workflow processes into new consumer lending areas and new geographic markets, and to enhance the breadth of its product offerings for mid-tier and non-traditional lenders.

Mr. Carpenter continued, "Dorado has worked with Ness over the past five years and their level of professionalism and responsiveness to our customers’ needs led us to believe that their organization would be an ideal partner for us. In addition, their worldwide presence and expertise in product areas outside of Dorado’s current knowledge base provide us with an opportunity to expand our solution offerings, and to broaden the company’s customer portfolio.”

"We’ve worked in close collaboration with Dorado and its customers for many years and now we are delighted to help Dorado accelerate the deployment of their market leading SaaS loan automation solutions and technology platform,” said Holly Ripley-Boyd, President, Ness Software Product Labs. "This new partnership is a natural outgrowth of our full product life cycle capabilities and it will enable Ness to develop and deploy Dorado’s SaaS solutions directly with financial institutions. As a strategic Dorado implementation partner, our joint customers now have flexibility of choice for their deployment efforts along with the product expertise typically found only from the software vendor.”

Ness professionals will further their practical knowledge of Dorado’s SaaS development methodology in a variety of technology immersion activities as a part of the newly established Dorado Developer Program. Upon completion of their training this summer, the Ness professionals will become members of the growing Dorado Developer Community. Dorado plans to expand this program significantly in 2010.

About Ness Technologies (www.ness.com)

Ness Technologies (NASDAQ: NSTC) is a global provider of IT and business services and solutions with specialized expertise in software product engineering; system integration, application development and consulting; and software distribution. Ness delivers its portfolio of solutions and services using a global delivery model combining offshore, near-shore and local teams. With about 8,000 employees, Ness maintains operations in 18 countries, and partners with numerous software and hardware vendors worldwide.

Ness Technologies’ software product-engineering business unit, called Ness Software Product Labs^SM, operates dedicated product labs around the world for independent software vendors, high-tech companies and other organizations that build or rely on commercial-level software to generate revenue. Ness Software Product Labs provides software product expertise - from concept through development to market support - delivered via collaborative R&D labs across India and Central and Eastern Europe, along with onsite and local presence in North America, Europe, Israel and Asia Pacific.

About Dorado Corporation (www.dorado.com)

Dorado is a leading provider of intelligent software-as-a-service (SaaS) systems and platform-as-a-service (PaaS) architecture to the financial services industry. The company offers banks a fully automated system for managing and tracking the consumer lending process from point-of-sale through funding. Along with the benefits of SaaS – increased functionality and dependability with minimal capital costs, flexible configurations, and rapid deployment, Dorado’s workflow solutions uniquely enable users to monitor transactions in real-time and to collaborate across multiple parties. Dorado customers gain competitive advantage via efficiencies, better control over the product mix, and built-in compliance. Moreover, the company’s pay-for-performance model provides a predictably priced alternative to single-point solutions, closed systems, and internal development. Founded in 1998, Dorado is a privately held company with operations in California, Florida, Virginia, and India. In 2008, the company’s customers included four of the top ten U.S. mortgage lenders and a top five bank in Canada.

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 on Form 10-K filed with the Securities and Exchange Commission on March 16, 2009. Ness is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of such changes, new information, subsequent events or otherwise.