Leasing software provider NetSol Technologies has secured a
licensing agreement with a major Chinese captive finance company to
implement its flagship software LeaseSoft.
Najeeb Ghauri, the company’s CEO, said that the deal
strengthened NetSol’s position “as the de-facto industry standard”
in China.
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Ghauri said: “With the Chinese economy expected to grow in 2009
despite the global economic downturn, NetSol stands well positioned
with our NetSol Financial Suite solutions to meet the needs of
domestic as well as international customers looking to support
their presence in this important market.”
He also announced that the company was shortlisted in China and
South Korea in a number of new LeaseSoft License sales, with some
expected to be imminently converted into contracts.
The company recently combined its European and US businesses as
part of a cost-cutting programme.
Antonio Fabrizio
