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NetSol Technologies Announces Participation In SAP(R) EcoHub Solution Marketplace

CALABASAS, Calif., Jan. 6, 2011 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. ("NetSol" or the "Company") (Nasdaq: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 its participation in the SAP® EcoHub solution marketplace. This community-powered solution marketplace makes it easier for customers to discover, evaluate and buy partner solutions, including smartOCI™ from NetSol Technologies, that complement SAP applications.

"SAP EcoHub allows prospective customers to view and locate information about complementary products from SAP partners in one convenient location," said Najeeb Ghauri, chairman and CEO of NetSol Technologies. "Potential buyers can access a broad range of information on products listed on SAP EcoHub, including reliable testimonials, supplementary product information and certification details, which in turn help customers to make informed purchasing decisions. We're pleased to participate in SAP EcoHub with a listing of smartOCI™ included on the site."

The SAP EcoHub provides customers access to complementary solutions and offerings that work best for their installation of SAP solutions. It integrates community input, user feedback, ratings and partner demos, enabling more educated and intelligent decision making for buyers.

smartOCI™ is listed at https://ecohub.sdn.sap.com/irj/ecohub/solutions/smartoci . Resources available for download from the SAP EcoHub site include a smartOCI™ summary, an informational white paper, and product videos and ratings. Also provided are certification details for smartOCI™ and the ability to request a live demo or contact from NetSol Technologies.

As an established SAP services partner, SAP channel partner and independent software vendor offering solutions in support of SAP applications, NetSol has made serving the needs of customers using SAP solutions a top priority. Most recently, its smartOCI™ 1.0 solution earned SAP-certified integration with the SAP Supplier Relationship Management (SAP SRM) application via the open catalog interface (B2B-OCI) integration scenario.

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