Tuesday, October 21, 2008

NetSol Technologies, Inc. (NTWK) Achieves Fifth Successful Software Launch In Australia

NetSol Technologies, Inc., a global provider of enterprise financial software solutions, announced today the successful launch by Nissan Financial Services Australia (NFSA) of its business operations using NetSol’s package of leasing and finance applications. The implemented product package included NetSol Financial Suite, Credit Application Processing System, Contract Management System, and Wholesale Finance System.

NFSA’s Executive Director, George Leondis, stated “We are very pleased with the sustained commitment of the NetSol team, the dedicated on-site resources, and how they understood the importance of streamlining the business process to suit the fast paced Australian auto finance market. Nissan Australia sees NetSol as a true partner in our finance business.”

Najeeb Ghauri, NetSol Chairman and CEO, emphasized Nissan’s high opinion of the products. “Nissan did a very thorough due diligence before choosing our suite of solutions and I am proud to say that we have met Nissan’s expectations in terms of rich functionality, timeline to implementation and total quality.”

NetSol offers a premium suite of asset-based leasing software for customers that provide financing services in the automotive, real estate, and general consumer loan markets. The company also sells portfolio management systems for the financial services industry, and consulting, custom development, systems integration, and technical services, for the global healthcare, insurance, real estate, and technology markets. It is one of only 100 companies worldwide to achieve ISO 9001, ISO 279001, and SEI (Software Engineering Institute) CMMI Level 5 assessments.

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