NTWK NetSol Technologies

NETSOL Technologies Secures Multi-Million-Dollar Contract from Leading Asian Auto Captive Finance Company

NETSOL Technologies Secures Multi-Million-Dollar Contract from Leading Asian Auto Captive Finance Company

CALABASAS, Calif., July 10, 2018 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, has signed an agreement with a leading Asian auto captive finance company to deploy NETSOL’s NFS Ascent platform for its auto finance business. The multi-million-dollar agreement includes NFS Ascent’s Loan Origination System (LOS) as well as Contract Management System (CMS). The company is an existing customer and an international tier-one finance business with a multi-billion-dollar loan portfolio.

“We closed fiscal 2018 with a flurry of sales activity, culminating in this new contract with a longstanding customer of ours,” said Naeem Ghauri, President and Global Head of Sales at NETSOL. “As we enter fiscal 2019, in addition to strengthening our existing relationships, we’ve also built on our strong pipeline of new projects. NFS Ascent remains the premium platform in its class, and, as large enterprise clients invest in future proofing their IT solutions to execute their digital transformation journey, Ascent remains at the core of this shift. Our team is working diligently to capitalize on the more mature prospects in our pipeline, and we look forward to building on our success in fiscal 2019.”

About NETSOL Technologies

NETSOL Technologies, Inc. (NASDAQ:NTWK) is a worldwide provider of IT and enterprise software solutions primarily serving the global Leasing and Finance industry. The company’s suite of applications is backed by 40 years of domain expertise and supported by a committed team of approximately 1,350 professionals placed in eight strategically located support and delivery centers throughout the world. NFS, LeasePak, LeaseSoft or NFS Ascent – help companies transform their Finance and Leasing operations, providing a fully automated asset-based finance solution covering the complete leasing and finance lifecycle.

Investor Relations Contact:

Matt Glover and Tom Colton

Liolios Group, Inc.

949-574-3860

EN
10/07/2018

Underlying

NTWKNetSol Technologies

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NetSol Technologies

 PRESS RELEASE
Free
NTWK NetSol Technolo...

NETSOL Technologies reports 21% year-over-year growth in total net rev...

NETSOL Technologies reports 21% year-over-year growth in total net revenues in Q2 fiscal 2026 ENCINO, Calif., Feb. 12, 2026 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services powering OEMs, dealerships and financial institutions to sell, finance and lease assets, reported its results for the second fiscal quarter of 2026 and six months ended December 31, 2025. Total net revenues up 21.1% to $18.8 millionServices revenues up 40.9% to $9.6 millionRecurring subscription and support revenues up 5.1% to $9.1 millionGross margin expand...

9h / 52m 1 EN
 PRESS RELEASE
Free
NTWK NetSol Technolo...

NETSOL Technologies sets fiscal second quarter 2026 conference call fo...

NETSOL Technologies sets fiscal second quarter 2026 conference call for Thursday, February 12 at 9:00 am ET ENCINO, Calif., Feb. 09, 2026 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services powering OEMs, dealerships and financial institutions to sell, finance and lease assets, will hold a conference call on Thursday, February 12, 2026, at 9:00 am Eastern Time (6:00 am Pacific Time) to discuss its financial results for the fiscal second quarter of 2026 ended December 31, 2025. Following the call, management will host a question-and...

February 9, 2026 1 EN
 PRESS RELEASE
Free
NTWK NetSol Technolo...

Northridge Finance, a division of the Bank of Ireland, goes live with ...

Northridge Finance, a division of the Bank of Ireland, goes live with NETSOL’s Transcend Finance platform to support its growth strategy ENCINO, Calif., Jan. 27, 2026 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services powering OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the deployment of its Transcend Finance platform for Northridge Finance, a division of Bank of Ireland UK, to optimize its wholesale finance capabilities. Built to simplify and automate dealer funding operations, T...

January 27, 2026 1 EN
 PRESS RELEASE
Free
NTWK NetSol Technolo...

NETSOL Technologies Appoints Sardar Abubakr as Chief Financial Officer...

NETSOL Technologies Appoints Sardar Abubakr as Chief Financial Officer; Roger K. Almond to Serve as Chief Accounting Officer ENCINO, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services powering OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the appointment of Sardar Abubakr, FCCA, as Chief Financial Officer, effective January 20, 2026. Mr. Abubakr will be based in Dubai, UAE. Roger K. Almond, the Company’s current Chief Financial Officer, will remain with NETSOL ...

January 26, 2026 1 EN
 PRESS RELEASE
Free
NTWK NetSol Technolo...

NETSOL celebrates over 25 years of being listed on Nasdaq with Opening...

NETSOL celebrates over 25 years of being listed on Nasdaq with Opening Bell Ceremony ENCINO, Calif., Dec. 17, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, is proud to announce that its Founder and CEO, Najeeb Ghauri, has been invited to ring the Nasdaq Opening Bell on December 18, 2025, at 9:30 AM ET at the Nasdaq MarketSite in Times Square, New York City. This honor commemorates NETSOL’s 26th anniversary as a Nasdaq-listed compan...

December 17, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch