Ciena Solutions Joins SAP(R) PartnerEdge(TM) as an SAP Services Partner

EMERYVILLE, CA--(Marketwire - January 6, 2009) - Ciena Solutions, a NetSol Technologies, Inc. "NetSol" (NASDAQ: NTWK) (DIFX: NTWK) company and provider of enterprise application solutions and global business services, today announced it has joined the SAP® PartnerEdge™ program as an SAP services partner. The program gives partners access to resources, services and benefits that will help Ciena Solutions build and maintain a successful partnership with SAP, which will help it to optimize business results for clients.

Ciena Solutions becomes an SAP services partner following the completion of a rigorous review process. As an SAP services partner in SAP PartnerEdge, Ciena Solutions will have access to a much broader range of software tools and solutions for its clients. SAP PartnerEdge offers tools and resources that provide a strong foundation of support and collaboration that fosters unparalleled value and mutual business success for customers, partners and SAP. SAP services partners help SAP customers design, implement and integrate solutions, optimize business processes, and provide strategic business consultation. As an SAP services partner, Ciena Solutions will take an active part in the support, customization and deployment of SAP solution-based systems.

"SAP has placed the bar very high for a company to successfully attain the status of SAP services partner," stated Mitch Van Wye, chief operating officer for NetSol Technologies North America. "NetSol is very proud that Ciena Solutions was able to meet these requirements and join this exclusive team of SAP services partners."

"Becoming an SAP services partner is an important milestone and represents Ciena Solutions' commitment and expertise in supporting and delivering SAP solutions to our clients," stated Mark Pellas, senior vice president at Ciena Solutions, a NetSol Technologies Company. "Our practices dedicated to supporting SAP solutions in the areas of supply chain, procurement, the SAP NetWeaver® technology platform, portals, and business intelligence, as well as our development of innovative solutions complementary to SAP NetWeaver such as smartOCI, puts us in a unique position to offer a comprehensive portfolio of business transformation and technical implementation services to our clients in this ever-changing global economy. We are committed to vigorously growing our service areas in support of SAP solutions and strengthening our partnership with SAP."

In addition to becoming an SAP services partner, Ciena Solutions has also joined the Business Objects Solution Provider Partner Program in North America. Business Objects, an SAP company, has established a robust partner program that is committed to building and nurturing win-win relationships with channel partners and their end customers. Ciena Solutions will tap this deep experience when crafting and delivering BI solutions tailored to meet the unique needs of its mid-market customers.

"Visibility into the supply chain, reducing the amount and type of spend, and pressures to drastically reduce cost structures are just some of the burning issues faced by companies today," said David Ahrens, vice president, CFO Center of Excellence, Business Objects. "These issues are becoming critical drivers in today's business, and Ciena Solutions is squarely positioned to deliver high value to the SAP customer base. It's imperative that organizations prioritize projects that deliver savings to the bottom line to the top of the pile."

Ciena Solutions' management team offers over 30 years' experience designing and implementing solutions across a variety of industries and practices in support of SAP solutions. Ciena Solutions' services specific to SAP solutions include project management, training, staff augmentation, and business process optimization. The company's practice areas in support of SAP solutions include focus on core ERP, logistics and supply chain applications such as SAP SRM and SAP SCM, business intelligence, and development related to portal technologies and SAP NetWeaver.

About NetSol Technologies, Inc.

NetSol Technologies, Inc. (NASDAQ: NTWK) (DIFX: NTWK) is a worldwide provider of global business services and enterprise application solutions. Since its inception in 1995, NetSol has used its BestShoring™ practices and highly experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions. Specialized by industry, 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 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by fewer than 100 companies worldwide. NetSol offers consulting and implementation services in support of solutions from SAP and Business Objects through its Ciena Solutions subsidiary, which is an SAP services partner and Business Objects Solution Provider Partner. NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, technology providers, and governmental agencies. Headquartered in Emeryville, California, NetSol Technologies has operations and offices in London, Los Angeles, Sydney, Beijing, Bangkok, and Lahore.

To learn more about NetSol Technologies, Inc., visit www.netsoltech.com

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