NETSOL Technologies (NASDAQ:NTWK) announced that it is going live in China, deploying the single largest business implementation for the NFS Ascent Next-Gen platform in the company’s history. This comprises one component of a 12-country contract initially announced in December 2015. NETSOL provides IT and enterprise software solutions to leasing and finance industries worldwide.

As quoted in the press release:

“Our successful ‘Go Live’ in China denotes one of the most significant events in the history of our company,” said Najeeb Ghauri, Chairman and Chief Executive Officer of NETSOL Technologies.  “This implementation is the largest single deployment of our Next-Gen platform in the largest leasing market in Asia Pacific. China, in particular, has proven to be incredibly difficult to tackle for many of our competitors.  Beyond the need for a highly technical and domain-specific skillset, accomplishing an undertaking of this size and scope also required a significant amount of dedication and sacrifice from countless members of our team.  I am so proud and grateful for the tireless efforts of all those involved who made this goal a reality. We look forward to continuing and growing our relationship with this customer as they accelerate their business growth in China and the many other regions in which we’re partnered.”

Click here to view the full press release.