NETSOL Achieves Premier Five Star Business Partnership Status with American Financial Services Association

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CALABASAS, Calif., October 28, 2021 (GLOBE NEWSWIRE) – NETSOL Technologies, Inc. (Nasdaq: NTWK), a global provider of business services and enterprise application solutions, today announced that it has signed an agreement to become a “First Five Star Business Partner” of the American Financial Services Association (AFSA).

A member of AFSA since 2019, NETSOL will now have the opportunity to participate more fully in certain marketing programs and to maximize the value of its participation in a range of association opportunities, including industry events and presentations. auto financing, podcasts and webinars. Being a premier five-star business partner will also support the company’s efforts to achieve deeper and more cohesive engagement with both the AFSA team and its member organizations as an industry thought leader.

“We appreciate the opportunity to expand and enhance our membership status with AFSA by now becoming a five-star premier business partner with the association,” said Peter Minshall, Executive Vice President of NETSOL Technologies Americas. “By signing this agreement with AFSA, the national trade association for the consumer credit industry in the United States, we look forward to further maximizing our reach in the consumer credit arena. We are confident that AFSA members will benefit greatly from our four decades of collective knowledge in the US and global auto finance and leasing industry.

“We are delighted to announce that NETSOL Technologies, one of the most experienced companies in providing innovative technology solutions to the automotive finance and leasing industry in the United States, is now a five-star business partner of the United States. ‘AFSA,’ said Jenny Bengtson, director. , American Financial Services Association Membership and Marketing. “NETSOL customers benefit from more than forty years of experience in the industry. With the company’s extensive knowledge base and proven technology solutions, they have a clear advantage in the auto finance and leasing industry, which will greatly benefit our members. Their automotive finance and leasing clients include automotive captives and leading financial institutions. We look forward to NETSOL working closely with our association and continuing our mission in the consumer credit sector. “

About NETSOL TechnologiesNETSOL Technologies, Inc. (Nasdaq: NTWK) is a global provider of IT and enterprise software solutions serving primarily the global leasing and finance industry. The company’s suite of applications builds on 40 years of domain expertise and is supported by a dedicated team of more than 1,300 professionals in eight support and delivery centers strategically located around the world. NFS, LeasePak, LeaseSoft or NFS Ascent® – help businesses transform their finance and lease operations, providing a fully automated asset-based finance solution spanning the full finance and lease lifecycle.

About the American Financial Services AssociationFounded in 1916, the American Financial Services Association (AFSA) is the leading trade association in the consumer credit industry, protecting access to credit and consumer choice. AFSA provides the consumer and consumer credit industry it serves with a voice in Washington, DC, where the association’s headquarters are located, and access to the media and the investment community. It also provides advice on policy and problem management at the federal and state levels.

AFSA members offer consumers many types of credit, including traditional installment loans, direct and indirect vehicle finance, mortgages, charge cards and credit for non-vehicle retail customers. They do not provide payday or vehicle title loans. AFSA members shape industry direction and positions on a wide range of public policy issues that affect the consumer credit industry. No other business group in America has more depth and influence on consumer credit matters.

Forward-looking statementsThis press release may contain forward-looking statements relating to the development of the Company’s products and services and to future operating results, including statements relating to the Company which are subject to certain risks and uncertainties which could cause the results actuals differ significantly from those projected. The words “expects”, “anticipates”, variations of these words and similar expressions identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, but their absence does not mean that the statement does not is not forward looking. . These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company’s actual results include the progress and costs of developing products and services and the timing of market acceptance. The companies concerned expressly disclaim any obligation or commitment to update or revise any forward-looking statement contained in this document to reflect any change in the company’s expectations in this regard or any change in the events, conditions or circumstances on which every statement is based.

Investor Relations Contact:

Matt Glover and Tom ColtonGateway Investor Relations[email protected]

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Source: NETSOL Technologies inc.

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