CALABASAS, CA--(Marketwire - February 22, 2010) - NetSol Technologies, Inc. "NetSol" (
According to the agreement, NetSol will provide a complete turnkey solution to the client covering data warehousing as well as application dashboard development and customized reporting for management to have access to real-time KPIs (Key Performance Indicators) at their fingertips. The NFS™ BI Module benefits from years of dedicated research and development and has now won its first Chinese customer. The client is already in the process of deploying Netsol's flagship NFS™ solution which is projected to go live in April of 2010.
Naeem Ghauri, NetSol Technologies President and Head of Global Sales, commented, "Business Intelligence is one of the fastest growing Management Information segments in the IT solutions arena. NetSol's BI solution is built on SAP's Business Object tool, recognized as the market leader in this segment. We are extremely excited by this win and believe that this opens up a significant new business opportunity for us. NetSol's existing clients as well as new prospects are great candidates for our BI Solution."
As a SAP BusinessObjects partner, NetSol will effectively integrate the rich functionality and feature set of the BusinessObjects reporting platform with its industry leading NetSol Financial Suite product line to provide customers with increased financial and operational data and visibility.
About NetSol Technologies, Inc.
NetSol Technologies, Inc. (
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NetSol Technologies, Inc. Forward-looking Statement
This press release may contain forward-looking statements relating to the development of the Company's products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "anticipate," "intend," variations of such words, and similar expressions, identify forward-looking statements, but their absence does not mean that the statement is not forward looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of products and services and the timing of the market acceptance.
Contact Information:
Contact - Investor Relations:
Christopher Chu
Grayling
Phone: +1 646-284-9426
Email:Christopher.chu@grayling.com