Sany, concrete, machinery, China--NetSol Signs Contract With Sany Corp. of China to Implement NFS Solution

NetSol Technologies, Inc. ("NetSol") /quotes/comstock/15*!ntwk/quotes/nls/ntwk (NTWK 0.84, +0.00, +0.06%) (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 Sany Corp. of China, the largest concrete equipment manufacturer in the world, has signed a contract of significant value to install NetSol's Financial Suite ("NFS") solution to run its newly formed finance company. The complete NFS suite, including Credit Application Processing (CAP), Contract Management System (CMS) and Wholesale Finance System (WFS), would be deployed by Sany Corp. across its vast dealer network as well as its business back office centers across China.