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Finzsoft US Market Entry May 26, 2010
Market Announcement for Public Release by NZX
To: Listed Company Relations
New Zealand Exchange Limited
Finzsoft US Market Entry
The Directors of Finzsoft Solutions Limited are pleased to advise that the company has executed an agreement with NetFinance Solutions, Inc. (“NFS”) for entry into the U.S. market.
NFS has licensed Finzsoft’s Sovereign suite of Asset-Backed Finance and Funds Management software for use in a Software As A Service (SaaS) Bureau service for mid-tier lenders in the USA and Canada.
This agreement is the first to utilise Finzsoft’s cloud computing initiatives and another positive step in its global expansion strategy.
Don Hattaway – Chairman
On behalf of the Board
