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home / news releases / NTWK - NETSOL Technologies inks agreement with China-based automotive financial services company

NTWK - NETSOL Technologies inks agreement with China-based automotive financial services company

NETSOL Technologies Inc.
NETSOL Technologies ([[NTWK]]) inked an agreement with a global automotive financial services company in China to upgrade from its legacy NFS system to its premier, next-generation Ascent platform.Multi-year, multi-million-dollar agreement includes licensing, support and services revenues components, which will be recognized respectively over the life of the contract."With an over 75% share in the Chinese auto finance and leasing space, NETSOL has become the preferred industry business partner for companies in China," President of NETSOL China Hui Liang commented.Deployment will be carried out in three-phases over the coming months by the company's teams at home in Lahore and across the APAC region.

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NETSOL Technologies inks agreement with China-based automotive financial services company
Stock Information
Company Name: NETSOL Technologies Inc.
Stock Symbol: NTWK
Market: NASDAQ
Website: netsoltech.com
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