NetSol Signs $100 Million Contract to Implement NFS Ascent

Lahore, December 22, 2015 (PPI-OT): NetSol Technologies, a global business services and enterprise application solutions provider hailing from Pakistan, today announced the signing of a contract currently valued at more than $100 million, which includes license, maintenance, services and expected customization, with a long-standing customer to implement NFS Ascent.

The agreement calls for upgrading to NetSol’s NFS Ascent platform, the company’s advanced solution for the auto and equipment finance and leasing industry, from the company’s NFS platform in Australia, China, Hong Kong, India, Japan, New Zealand, Singapore, South Korea, Taiwan, Thailand and Malaysia.

The contract also includes implementation of NFS Ascent in South Africa, a new market for NetSol. The implementation phase spans a five-year period, with maintenance and support over ten years.

For more information, contact:
NetSol Technologies Limited
NetSol Avenue, Main Ghazi Road,
Lahore Cantt, Pakistan
Phone: +92-42-111-44-88-00

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