NetSol Technologies will launch its new
LeasePak management system, via a multimillion-dollar deal with the
North American captive finance division of an Asian-based
automobile manufacturer, which remains undisclosed.

LesaePak is a key product offering of the IT solutions and
services provider of the financial services sector. The agreement,
which also includes product licensing, software customization,
system implementation, and ongoing maintenance and support services
for LeasePak.

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Najeeb Ghauri, chairman and CEO of NetSol said: “The deal also
reflects the successful execution of our North America division in
further penetrating this key region under the guidance of our newly
expanded NetSol Technologies North America senior management
team.”

Also last month, NetSol made a strategic breakthrough in the
European market, after signing an agreement with Real Consulting
Information Systems SA of Athens, Greece to implement its flagship
product, LeaseSoft. Real Consulting plan to use the product – which
streamlines the configuration of financial products and manages a
complete lifecycle of lease contracts – within its growing
financial leasing unit.

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