$2.5 Million Valued Contract Signed between NetSol Technologies and UK Bank to Implement Finance and Leasing Platform

.5 Million Valued Contract Signed between NetSol Technologies and UK Bank to Implement Finance and Leasing Platform

NetSol Technologies, Inc. a worldwide business administrations and enterprise application arrangements supplier, today declared that a set up UK-based bank has chosen NetSol’s LeaseSoftTM as its new stage to support the development of its advantage back and renting business, while uniting IT frameworks. The venture and continuing relationship quality is required to surpass $2.5 million.

The framework is relied upon to upgrade the bank’s IT functionality, giving consistent ability to deal with all back office prerequisites, while enhancing business forms through mix with the bank’s other IT frameworks once the usage is finished.

This is an important new win for NetSol, further building upon our efforts in the UK and throughout Europe.

said Naeem Ghauri, President and Global Head of Sales of NetSol.

Our solutions — whether NFSTM, LeasePakTM, LeaseSoft or NFS AscentTM — help companies transform their finance and leasing operations, providing a fully automated asset-based finance solution covering the full leasing and finance lifecycle.

LeaseSoft is a full lifecycle lease and financial framework, pointed overwhelmingly at the UK funder business sector, including modules to support web entrances and an electronic information exchange services to encourage mix in the middle of funders and introducers.

About NetSol Technologies

NetSol Technologies, Inc. is an overall supplier of IT and enterprise programming arrangements essentially serving the worldwide renting and financing industry. The Company’s suite of uses are upheld by 40 years of domain ability and bolstered by a conferred group of more than 1500 experts set in eight deliberately found backing and delivery centers all through the world.

Forward-Looking Statements

This press release may contain forward-looking explanations identifying with the development and implementation of the Company’s items and administrations and future operation results, including proclamations in regards to the Company that are liable to certain risks and uncertainties that could bring about genuine results to contrast substantially from those anticipated. The words “expects,” “anticipates,” varieties of such words, and comparable expressions, recognize forward-peered proclamations inside of the significance of the Private Securities Litigation Reform Act of 1995, yet their absence does not imply that the announcement is not forward-looking. These announcements are not assurances of future performance and are liable to certain risks, uncertainties, and suppositions that are hard to foresee. Components that could influence the Company’s real results incorporate the advancement and expenses of the development of items and administrations and the timing of the business sector acknowledgment. The subject Companies expressly disavow any commitment or undertaking to redesign or update any forward-looking articulation contained thus to mirror any adjustment in the organization’s desires with respect thereto or any adjustment in occasions, conditions or circumstances whereupon any announcement is based.

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