CALABASAS, CA -- (Marketwire) -- 08/12/08 -- NetSol Technologies, Inc.
("NetSol") (NASDAQ: NTWK) (DIFX: NTWK), a worldwide provider of global
business services and enterprise application solutions, today
announced that Al-Amthal Leasing, one of the largest leasing companies
of Saudi Arabia, has gone live with NetSol's LeaseSoft Retail Suite,
comprising of the LeaseSoft Credit Application Processing System
(CAP), and LeaseSoft Contract Management System (CMS). With this
implementation, Al-Amthal's complete retail leasing management system
is now run with LeaseSoft solutions. The NetSol LeaseSoft Retail Suite
is a key product offering within the NetSol Financial Suite (NFS) of
products.
With this implementation LeaseSoft has entered the Middle East market;
and is completely Middle East compatible. The LeaseSoft product for
the region uses Arabic interfaces, lunar calendar, and has the ability
to handle Islamic shariah based financial products.
Commenting on the occasion, Mr. Salim Ghauri, President Asia Pacific
and Middle East Region, stated, "LeaseSoft is already positioned as
the market leader in the Asia Pacific. Now, with this implementation,
we are moving towards the Middle East market as well. We are proud to
be associated with one of the biggest names in the Saudi Leasing
industry, and look forward to more implementations in the Middle East
in the near future."
NetSol's LeaseSoft solution is a premium suite of asset-based leasing
software that improves business processes by providing fast and
convenient solutions capable of dealing with multi-asset and
multi-lingual environments. LeaseSoft solutions are available for
customers in motor finance, asset finance, consumer finance, real
estate finance and loan finance.
Mercedes-Benz Financial Services Taiwan Goes Live With NetSol
Technologies' LeaseSoft Solution Mercedes-Benz Financial Services
Taiwan Complete Retail Leasing Management System Running on LeaseSoft
Solutions
CALABASAS, CA -- (MARKET WIRE) -- 08/05/08 -- NetSol Technologies,
Inc. ("NetSol") (NASDAQ: NTWK) (DIFX: NTWK), a worldwide provider of
global business services and enterprise application solutions, today
announced Mercedes-Benz Financial Services Taiwan (MBFSTw) has gone
live with NetSol's LeaseSoft Contract Management System (CMS), a key
product offering within the NetSol Financial Suite (NFS) of products.
MBFSTw is currently using NetSol's Proposal Management System (PMS),
another LeaseSoft core application. In using both PMS and CMS modules,
MBFSTw's complete retail leasing management system is now run on
LeaseSoft solutions.
Commenting on the occasion, Mr. Salim Ghauri, President Asia Pacific
Region, stated, "This is a great achievement, as this announcement
reaffirms LeaseSoft's position as the product of choice for
asset-based leasing software to the automotive sector in the Asia
Pacific region. We are proud to extend our relationship with Mercedes
as a valuable long time customer. NetSol currently has implemented
LeaseSoft at eight Mercedes sites in the Asia Pacific region and we
look forward to the opportunity to continue to add value to Mercedes
in other regions."
NetSol's LeaseSoft solution is a premium suite of asset-based leasing
software that improves business processes by providing fast and
convenient solutions capable of dealing with multi-asset and
multi-lingual environments. LeaseSoft solutions are available for
customers in motor finance, asset finance, consumer finance, real
estate finance and loan finance.
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