EMERYVILLE, CA – August 4, 2009 -- NetSol Technologies, Inc. “NetSol”(NASDAQ CM: NTWK) (NASDAQ DUBAI: NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today announced that it has signed a contract with NR Finance Mexico, S.A. (affiliate of Nissan Motor Company) to implement key components of the NetSol Financial Suite (NFS) group of products, based on a deployment for an estimated 160 dealers in the Mexican market. The implementation builds upon a successful proof of concept stage and will include the NFS Wholesale Finance System (WFS), a robust and flexible system for Floorplan lending business.

Najeeb Ghauri, NetSol Technologies, Inc. Chairman and Chief Executive Officer, stated, “This agreement further expands NetSol's presence in the Americas. We strongly believe that the Netsol Financial Suite, with component products including WFS, is adaptable to all market conditions, making it the suitable choice for large customers operating on a global framework who are looking for a cost-efficient, scalable enterprise solution for their credit and portfolio management needs.”

Based on the concept of "one asset, one loan," NetSol’s WFS facilitates asset tracking and costing with features such as credit request management, loan management, stock auditing, and billing and settlement. An add-on to WFS, the web-based Dealer and Auditor Access System, provides dealers with specific, secure access to their contracts and auditors with complete and secure access to the data and statistics needed for thorough reviews. With these tools, WFS helps users stay ahead of the competition, managing communications efficiently through a wide array of interfaces, including banks, dealers, distributors, ledgers, and document handling and processing applications.