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NetSol Technologies Receives Top Honor at China Leasing Summit

CALABASAS, Calif., June 18, 2015 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a global provider of IT and enterprise software solutions, was recently awarded "First Rate and Best Selling Finance and Leasing Solution Provider" at the annual China Leasing Summit for the third consecutive year.

"We have built a market leading position in China with auto captives, banks and financial organizations since establishing our presence in the country a decade ago. This award reflects that leadership, and acknowledges the hard work of our team and dedication to providing customers with innovative products and superior services," said Najeeb Ghauri, CEO of NetSol. "With our experience in the market, we are well positioned to benefit as finance and leasing matures in the country."

NetSol recently issued a white paper, "Development Status and Prospect of Auto Leasing in China," highlighting factors promoting auto financing in China, including increase in per capita income, infrastructure development, consumer consumption patterns, and policy driven growth, while also providing an overview of the current state and future prospect of the financing and leasing market.

The white paper is available free for download at http://whitepaper.netsoltech.com

About NetSol Technologies

NetSol Technologies, Inc. (Nasdaq:NTWK) is a worldwide provider of IT and enterprise software solutions primarily serving the global leasing and financing industry. The Company's suite of applications are backed by 40 years of domain expertise and supported by a committed team of more than 1,000 professionals placed in eight strategically located support and delivery centers throughout the world.

Forward-Looking Statements

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 "expects," "anticipates," variations of such words, and similar expressions, identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, 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. The subject Companies expressly disclaim any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.

Investor Contacts:

PondelWilkinson
Roger Pondel | Matt Sheldon
investors@netsoltech.com
(310) 279-5980

Media Contacts:

PondelWilkinson
George Medici | gmedici@pondel.com
(310) 279-5968

Source:NetSol Technologies, Inc.