June 1, 2010 (FinancialWire) — NetSol Technologies, Inc. (NASDAQ: NTWK) said it has secured two major projects worth over $3 million to implement its NetSol Financial Suite(tm) Contract Management System with a major international automotive manufacturer's captive finance company in the Asia-Pacific Region.

The contract structure provides significant upfront as well as recurring revenue components. NetSol's NFS solution claims to automate financing business, providing improved operational efficiencies, enhanced contract lifecycle management, increased financial visibility, and quick return on investment.

NetSol Technologies is a worldwide provider of global IT and enterprise application solutions.

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