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PRESS RELEASE |
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| FOR IMMEDIATE RELEASE |
9th July, 2008 |
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NetSol Technologies Gets Turnkey E-Government Contract to Automate Tax Collection Systems for Province of Sindh
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NetSol Technologies Inc. (NTWK) Wednesday said its subsidiary in the Asia Pacific region has been awarded a turnkey contract valued in excess of $1 million for setting up the IT infrastructure, as well as the development of application software to automate and enhance the tax collection systems, for the Government of Sindh Province in Pakistan. The company stated that the contract would provide for automating the processes of excise and taxation, hence controlling as well as increasing the overall provincial revenue, providing facilities to the tax payers, making historical data available, establishing real-time reporting and above all ensuring transparency at various levels and processes.
NetSol Technologies, Inc. is a provider of global business services and enterprise application solutions.
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| PRESS CONTACTS: |
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Mr. Robert W. McMillen
Chairman
MAC Capital Limited
Suite 115, Building 4, Gold & Diamond Park
Interchange 4, Sheikh Zayed Road
P.O. Box 122723, Dubai, U.A.E.
Tel: +971-4-409-7170
Fax: +971-4-409-7270
Email: rwm@maccapital.ae |
Mr. Gerhard Hametner
Director
MAC Capital Limited
Suite 115, Building 4, Gold & Diamond Park
Interchange 4, Sheikh Zayed Road
P.O. Box 122723, Dubai, U.A.E.
Tel: +971-4-409-7177
Fax: +971-4-409 7277
Email: gh@maccapital.ae |
NOTES FOR THE EDITOR:
About MAC Capital Limited.
MAC Capital Limited is regulated by the Dubai Financial Services Authority and is a member of the NASDAQ Dubai. The group’s shareholders include international stock brokers, investment banks and private banks, including:
- Tolhurst Group Limited Australia
- Quam Securities Co., Ltd. Hong Kong
- Killik & Co. United Kingdom
- Syrus Securities Plc. Thailand
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Banque Morval Switzerland
- Capital Partners Securities Co., Ltd. Japan
- Lloyd Edward-Jones France
and a number of prominent international businessmen. Its website is www.maccapital.ae
In Dubai, its affiliate MAC Sharaf Securities (U.A.E.) LLC, is a fully licenced stock broker on the Dubai Financial Market (“DFM”) and the Abu Dhabi Securities Exchange (“ADX”) and its Dubai-based partners are the Sharaf Group and Major General Mohammed Abdul Rahim Al Ali.
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