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Microcap & Penny Stocks : NTWK OTC BB Netsol International Inc (Formerly MGHI)

NTWK 4.410

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3:51 PM EDT

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From: QualityStocks	2/22/2010 11:06:38 AM
	of 181

NetSol Technologies, Inc. (NTWK) Announces Signed Agreement with Chinese Finance Company NetSol Technologies, Inc. announced this morning that it has signed a new agreement with a China-based finance company that has a major European bank and a multi-billion dollar Chinese financial services group as partners. The client will be utilizing NetSol’s NFS BI Module, a unique end-to-end Business Intelligence offering, following a comprehensive due diligence process. This agreement marks the latest deployment of the NFS BI Module in the Chinese market. According to the press release, NetSol will provide a complete turnkey solution to the client covering data warehousing as well as application dashboard development and customized reporting, enabling management to have instant access to real-time KPIs (Key Performance Indicators). The client is already in the process of deploying Netsol’s flagship NFS solution which is projected to go live in the next couple months. Naeem Ghauri, NetSol Technologies President and Head of Global Sales, stated, “Business Intelligence is one of the fastest growing Management Information segments in the IT solutions arena. NetSol’s BI solution is built on SAP’s Business Object tool, recognized as the market leader in this segment. We are extremely excited by this win and believe that this opens up a significant new business opportunity for us. NetSol’s existing clients as well as new prospects are great candidates for our BI Solution.” Please see disclaimer on our profile

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