NetSol Technologies and Grupo Karims Form NetSol GK Latin America

EMERYVILLE, CA and CORTES, HONDURAS -- NetSol Technologies, Inc. "NetSol" (NASDAQ: NTWK) (NASDAQ DUBAI: NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public-sector organizations worldwide, has announced that it has signed a definitive joint venture agreement with Grupo Karims, a large diversified and prominent commercial group headquartered in Honduras, with operations throughout Latin America.

NetSol GK Latin America will be used exclusively to support the expansion of NetSol North America's (NTNA) BestShoring business model and establish an additional NetSol Center of Excellence for the provision of cost-effective global business services throughout North America and Latin America. The joint venture provides for the delivery of a full range of IT services and software development capabilities, including bespoke software development, software integration and test engineering, SAP integration services, as well as related IT solutions to public and private-sector clients. The new NetSol GK Latin America partnership will provide NetSol with a state-of-the-art technology delivery facility located in Grupo Karims' recently launched Altia Business Park in San Pedro Sula, Honduras.

Under the terms of the joint venture agreement, NetSol GK Latin America will be 50.1% owned by NetSol and Grupo Karims will own 49.9%.

About Grupo Karims
Grupo Karims is a multinational corporation with business capabilities in commercial, industrial and residential real estate. With its presence in 8 different countries around the world, and having developed the largest industrial park in Latin America (www.greenvalleyindustrialpark.com) and the first sustainable class A business and technology park (www.altiabusinesspark.com), Grupo Karims has taken the lead in Latin America, developing world class projects under a 'plug and play' business plan. Both for industrial manufacturing customers as well as IT Service and Corporate customers, Grupo Karims’ current clients include major U.S. corporations such as Delta Apparel, Renfro Corp, and FCI, among others.

To learn more about Grupo Karims, visit http://www.grupokarims.com


About NetSol Technologies Inc.
NetSol Technologies (NASDAQ: NTWK) (NASDAQ Dubai: NTWK) is a worldwide provider of global business services and enterprise application solutions. NetSol uses its BestShoring(TM) practices and highly experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions. Organized into specialized practices, these product and services offerings include portfolio management systems for the financial services industry, consulting, custom development, systems integration, and technical services for the global healthcare, insurance, real estate, and technology markets. NetSol's commitment to quality is demonstrated by its achievement of the ISO 9001, ISO 279001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Level 5 assessments, a distinction shared by fewer than 100 companies worldwide. NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, technology providers, and governmental agencies. Headquartered in Calabasas, California, USA, NetSol Technologies has operations and offices in London, San Francisco, Sydney, Beijing, Bangkok, and Lahore.

Learn more about NetSol Technologies Inc. at www.netsoltek.com


FSD Solutions achieves Microsoft’s Gold Certified Partner Status

FSD Solutions is a global provider of website and outsourcing solutions to small and mid-sized businesses. It has announced that it has achieved Gold Certified status in Microsoft’s Partner Program after successfully demonstrating competencies in mobility solutions and ISV/software solutions. FSD Solutions has been working extensively in international markets, ranging from North America to the Middle East, to provide cost-effective web development solutions and services, and has received industry-wide recognition from its clients.

FSD Solutions is based in Dallas, Texas, USA, with a round-the-clock development center based in Karachi, Pakistan. This strong foundation and Gold Certified Partner status goes well with its highly-experienced in-house Microsoft-certified professionals. “FSD Solutions is committed to deliver innovative and cost-effective IT services to businesses all over the globe”, said Mr. Ikhlas Ahmed, Chief Executive Officer of FSD Solutions. “Microsoft’s recognition signifies our expertise in Microsoft technology while providing an additional trust level to our customers for choosing us as their one stop IT services provider.”


BrightSpyre Co-Founder Selected as TED Fellow 2009 

The TED Conference is an annual event that brings together the world's most fascinating thinkers and doers to talk about their professional experiences and life lessons. This includes celebrities such as Bill Clinton, Al Gore, Bill Gates, Seth Godin, Karen Armstrong, Richard Branson, John Doer, Malcom Gladwell, Jeff Hawkins, among others.

BrightSpyre’s co-founder, Mr. Faisal Chohan, has been selected as TED Fellow 2009. He is the only Pakistani in an elite list of 40 world-changers and entrepreneurs from around the world. TED has declared BrightSpyre as the “leading jobs portal in Pakistan today that has set the foundation of internet business in Pakistan”.

BrightSpyre is one of the premium sites that provide jobs in Pakistan. It has innovated on numerous fronts, including introducing online recruitment services in Pakistan. It was also one of the first companies to use the SaaS model in 2001. Top employers in Pakistan continue to use BrightSpyre to find the best candidates through its growing database of job seekers.

BrightSpyre boasts over 2 million applications and 4 million page views till date, with over half a million people seeking jobs on a regular basis.

For a full list of TED 2009 Fellows, and Mr. Chohan’s profile, please visit http://www.ted.com/pages/view/id/246 and http://www.ted.com/index.php/profiles/view/id/108895 respectively.


 

Lakson Business Solutions partners with E Solutions Road, Saudi Arabia

Lakson Business Solutions Limited, Pakistan formalized its partnership with E Solutions Road, Saudi Arabia in a brief ceremony held in Riyadh, to provide LBS solutions and IT services to its government and private-sector clients in the Saudi Arabian region under the E Solutions-LBS banner.

“We have been working with Lakson Business Solutions in the past on various projects, and have great confidence in their business expansion and technical abilities. This alliance will let both firms move forward together to provide unmatched services and solutions in the region”, said Fahad Alanazy, CEO of E Solutions Road, after the ceremony.

“LBS has worked extensively in various international markets, providing comprehensive solutions using unrivaled areas of expertise. This understanding has assisted LBS and E Solutions to a great extent, in expanding its horizon, by being physically present in the region”, said Fahad Khan, Business Development Manager of Lakson Business Solutions.



Bank Melli Iran contracts TPS for its alternate distribution program in Oman

Bank Melli Iran (BMI), also known as the National Bank of Iran, has opted for Phoenix for its ATM and debit card program for its branches in Oman. The first national Iranian bank, BMI is now the largest commercial retail bank in Iran, with over 3300 branches and 43,000 employees.

To keep up with the competition and to cope with rapidly-changing market dynamics, Bank Melli Oman decided to migrate to Phoenix switch from its existing transaction platform. The previous already running switch architecture did not offer the flexibility to enhance or incorporate feature rich services over the alternate delivery channels for its customers in Oman. Phoenix was selected due to its flexibility, time to market the solutions and its functionalities, which range from the ATM switch to the integrated delivery channel manager.

The switch migration, a complex and a multi-pronged activity, will be divided into several stages to make the entire process seamless and to ensure that the bank’s customers face no interruption in its services.

Phoenix, as a unified ATM controller and a debit card switch, will initially work as an ATM controller and integrated delivery channel manager, besides providing deposit functionality through the cash deposit machines; while in the later phases, it will also provide EMV acquisition. The uniqueness about the cash deposit functionality will be that it will offer card-less deposit automation, which means that any customer walking in to use the cash deposit machine will be able to do so without the need for a card, and also that the deposit functionality will be incorporated into the bank’s self-service infrastructure. Phoenix’s scalable and modular design will enable the bank to add new services and delivery channels as and when required.
 

Arif Habib Bank Selects Avanza Solutions for its e-infrastructure solution management

Arif Habib Bank is upgrading its infrastructure, and has opted for Avanza’s proven ATM controller, “Nimbus”; middleware, “Rendezvous”; and card production system, “Vision”.

Project Overview:
Arif Habib Bank is in the process of upgrading their infrastructure for this very reason they have opted for Avanza’s proven ATM Controller Nimbus, Middleware Rendezvous and Card Production System Vision. The project not only involves replacement of their current ATM controller from HPLUS to Nimbus but also involves using Rendezvous as the backbone for all communication channels as their cooperate middleware. For card production needs Arif Habib Bank will be using Avanza’s Vision, which provides a 360 degree view of customer and its entire instruments.

About Avanza Solutions
Avanza Solutions is one of the leading software houses in Pakistan, with locations USA, Spain, Dubai and Pakistan.

About Arif Habib Bank
Arif Habib Bank Limited’s network of 33 branches/sub-branches is one of the fastest-growing commercial banks in Pakistan. All branches are online in real-time, providing its customers with the facility to deposit at, or withdraw from, any of their branches anywhere in Pakistan.

Avanza’s CEO Mr. Mahmood Kapurwala & Arif Habib Banks’s EVP – Head IT Mr. Hasan Jafri at the agreement signing ceremony.
 

 

Launching ceremony of http://kidsconvent.com/

Kidsconvent.com http://kidsconvent.com/ is a unique electronic elementary education tool, which emphasizes the correlation of letter, picture, phonetic and memory. The Urdu font and scripture embedded in this creative application is one of its most outstanding features, experimented with, possibly for the first time, in Pakistan.

This vector-art methodology-based product is developed by Solutionz247.com, which is a multinational company focusing on unique R&D solutions in business, creation and science. Subjects showcasing samples for children from Play Group to KG-2 include English, Urdu, Mathematics, General Knowledge and Drawing.

Kidsconvent.com has successfully collaborated with more than 30 schools and 1500 students within 30 days after the formal launch.

Solution247 Team at Kidsconvent Launching Ceremony