ENCINO, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the appointment of Ian Smith to its Board of Directors, effective July 1, 2025. Mr. Smith brings with him over three decades of global leadership experience in financial services, with a proven track record in automotive finance, digital transformation and strategic grow ...

Core Insights - NETSOL Technologies, Inc. has signed a contract with a Chinese leasing company to support its expansion into the Indonesian market, focusing on equipment leasing, asset financing, and commercial leasing [1][7] - The agreement includes the deployment of NETSOL's Transcend Finance, which features the Omni Point of Sale (Omni POS) and Contract Management System (CMS) [2][3] - The partnership allows for a greenfield implementation, enabling a complete redesign of processes tailored to Indonesia's regulatory and operational requirements without the need for data migration [5] Company Overview - NETSOL Technologies is recognized as a global leader in providing advanced solutions for the asset finance and leasing industry, serving clients across over 30 countries [7] - The company has a history of innovation since its inception in 1996, leveraging AI and cloud services to meet complex market needs [7] - NETSOL emphasizes a customer-centric approach and strong partnerships, ensuring client success in a rapidly evolving landscape [7]

Core Insights - NETSOL Technologies, Inc. has appointed Dario Morelli as Vice President of Artificial Intelligence to lead its new innovation hub, Transcend AI Labs, emphasizing the company's commitment to an AI-first strategy in the asset finance and leasing sector [1][5] Group 1: Leadership Appointment - Dario Morelli brings over 15 years of experience in data, analytics, and AI from various industries, including fintech and insurance, enhancing NETSOL's capabilities in AI [2] - Morelli previously led multi-million-dollar AI initiatives at Admiral Group, improving operational efficiency across multiple countries [2] - His experience includes establishing a data analytics team at TrueLayer, which played a crucial role in the company's payments strategy and regulatory compliance [3] Group 2: Strategic Vision - The appointment of Morelli is seen as pivotal for advancing NETSOL's AI-first strategy and reinforcing its innovative position in the industry [5] - Morelli expressed enthusiasm about shaping the future of AI in asset finance, focusing on delivering AI-powered solutions that enhance internal operations and client value [5] - The company aims to leverage AI for transformative changes in operational efficiency and client experiences [5] Group 3: Company Overview - NETSOL Technologies is a global leader in asset finance and leasing solutions, serving clients in over 30 countries since its inception in 1996 [6] - The company is recognized for its technological innovations and commitment to customer success, fostering strong partnerships in a dynamic market [6] - NETSOL emphasizes ethical business practices and sustainability, positioning itself as a trusted partner for leading firms worldwide [6]