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NetSol Technologies, Inc. (NTWK) Eager to Reveal On Demand smartOCI(TM) Search Engine at SAPPHIRE(R) NOW Conference

NetSol Technologies, Inc., provider of global business services and enterprise application solutions to private and public sector organizations worldwide, announced today that it is all set to reveal a Software-as-a-Service (SaaS) offering for its smartOCI(TM) search engine at SAP’s SAPPHIRE(R) NOW conference being held May 16-19, 2010 at the Orange County Convention Center in Orlando, Fla. Hosted by SAP AG, the SAPPHIRE NOW show is attended by software industry leaders who are excited to share and demonstrate innovative solutions running on-premise, on-demand or on-device to enable real-time decision-making. NetSol Technologies will be exhibiting at Booth Number 3415b.

NetSol’s smartOCI(TM) 1.0 is a new search engine technology designed to provide corporate buyers and shoppers a simple and intuitive user interface to search multiple supplier catalogs simultaneously within the SAP SRM application. Developed for customers who are currently running the SAP Supplier Relationship Management eProcurement platform, smartOCI(TM) is delivered through the SaaS distribution model, where software applications are remotely hosted and users can securely access them from anywhere with an Internet connection.

The beta program for smartOCI(TM) 1.0, now employed by six customers, is scheduled to end May 10. The solution is currently pending SAP certification. According to the press release, NetSol will offer special “QuickStart” pricing packages to SAP customers attending the SAPPHIRE NOW event.
Najeeb Ghauri, Chairman and CEO of NetSol, commented, “We wanted to provide our customers with a solution that drives immediate and real value to procurement organizations without upfront hardware, software license and maintenance costs. Deploying our smartOCI(TM) search engine as a SaaS offering allows us to achieve this goal.”

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