Company: NTWK
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0001493152-25-006348
Chunk: 80

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 2
Chunk 80
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 forward-looking statements and information relating to the Company that is based on the beliefs of its management
as well as assumptions made by and information currently available to its management. When used in this report, the words “anticipate”,
“believe”, “estimate”, “expect”, “intend”, “plan”, and similar expressions
as they relate to the Company or its management, are intended to identify forward-looking statements. These statements reflect management’s
current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Should any
of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from
those described in this report as anticipated, estimated or expected. The Company’s realization of its business aims could be materially
and adversely affected by any technical or other problems in, or difficulties with, planned funding and technologies, third party technologies
which render the Company’s technologies obsolete, the unavailability of required third party technology licenses on commercially
reasonable terms, the loss of key research and development personnel, the inability or failure to recruit and retain qualified research
and development personnel, or the adoption of technology standards which are different from technologies around which the Company’s
business ultimately is built. The Company does not intend to update these forward-looking statements.

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Business
Overview

NETSOL
Technologies is a global business services and asset finance solutions provider. NETSOL delivers state-of-the-art solutions for the asset
finance and leasing industry, serving automotive and equipment OEMs, auto captives and financial institutions across over 30 countries.
Since its inception in 1997, NETSOL has been at the cutting edge of technology, pioneering innovations with its asset finance solutions
and leveraging advanced AI and cloud services to meet the complex needs of the global market.

Renowned
for its deep industry expertise, customer-centric approach and commitment to excellence, NETSOL fosters strong partnerships with its
clients, ensuring their success in an ever-evolving landscape. With a rich history of innovation, ethical business practices and a focus
on sustainability, NETSOL is dedicated to empowering businesses worldwide, securing its position as the trusted partner for leading firms
around the globe.

Our primary
sources of revenues have been licensing, subscriptions, modification, enhancement and support of our suite of financial applications,
under the brand name Transcend™ Finance (formerly called NFS Ascent®) for leading businesses in the global finance
and leasing space.

Our clients
include