NetSol Technologies Hosts Technology Panel at Annual U.S. Equipment Finance Summit

"We are very proud to be represented at the ELA convention by our U.S. division, McCue Systems, and to help make the convention an outstanding event," said NetSol Technologies' CEO and Chairman Najeeb Ghauri. "No services and software solutions provider has shown more commitment to the U.S. equipment finance community than McCue Systems, whose founder and CEO John McCue sits on the ELA board. Now we want the members of the ELA to see that our commitment to the industry and to the LeasePak portfolio management system is stronger than ever," added Ghauri.

About The ELA

Organized in 1961, the Equipment Leasing Association (ELA) is a non-profit association that represents companies involved in the dynamic equipment leasing and finance industry to the business community, government and media. ELA's diverse membership consists of independent leasing companies, banks, captives, financial services corporations, broker/packagers and investment banks, as well as service providers like accountants, consultants, equipment managers, executive recruiters, insurance companies, lawyers, publishers, and software providers. ELA promotes the leasing industry as a major source of funds for capital investment in the U.S and other countries. Headquartered in Arlington, VA, ELA is a national organization with nearly 850 member companies and a staff of 25 professionals. Equipment leasing is estimated to be a $220 billion industry.

ELA is governed by a board of directors, elected from its membership. Committees work with association staff to initiate and implement ELA programs and services. Members donate their time, effort, and expertise on a voluntary basis. For more, see www.elaonline.com

About NetSol Technologies, Inc.

NetSol Technologies is a U.S.-based multinational provider of enterprise software and services for commercial finance. Headquartered in Calabasas, CA, NetSol Technologies, Inc. operates on a global basis with locations in the U.S., Europe, East Asia and Asia Pacific, including: London, Los Angeles, San Francisco, Sydney, Beijing, Toronto, and Lahore, Pakistan.

The NetSol family of products includes: the LeaseSoft Contract Management System, LeaseSoft Credit Application Processing, LeaseSoft Wholesale Finance System, LeaseSoft Premium Finance System, LeaseSoft EPO System, and the LeasePak System. NetSol clients include: Motorola, CitiGroup, BMW, Toyota, Yamaha, Quest Communications, and Investec. NetSol's largest customer, DaimlerChrysler Services, a division of DaimlerChrysler, the world's fifth-largest carmaker, ranks NetSol Technologies, Inc. as a preferred vendor in 40-plus countries.

NetSol Technologies helps its clients identify, evaluate and implement technology solutions to meet their strategic business challenges and maximize their bottom line. By utilizing its worldwide resources, NetSol Technologies delivers high-quality, cost-effective equipment finance portfolio management solutions and IT services ranging from consulting and application development to systems integration and outsourcing. NetSol Technologies' commitment to quality is demonstrated by its achievement of both ISO 9001 and SEI (Software Engineering Institute) CMMl (Capability Maturity Model) Level 5 assessment. For more information, visit www.netsoltek.com.

CONTACTS:

Sales and Marketing:
Andrew Lea
VP, Marketing & Corporate Communications
McCue Systems
NetSol Technologies, Inc.
North America
[email protected]
650-348-0650 ext. 1171

Investor Relations Counsel:
Marty Tullio
Managing Member
McCloud Communications, LLC
949-553-9748
[email protected]