NetSol Technologies, Inc., provider of business services and enterprise application solutions to private and public sector organizations worldwide, this morning announced the official launch of the smartOCI™, a SAP-compatible multiple-catalog search engine solution. smartOCI™ enables streamlining purchasing processes and driving cost efficiencies within procurement organizations. The search engine technology is targeted for launch on May 17, 2010 at the SAP SAPPHIRE Conference in Orlando, Florida, targeting approximately 1,000 SAP SRM platform customers.

Developed by NetSol Technologies, smartOCI™ will provide corporate buyers and shoppers a simple and intuitive user interface to search multiple supplier catalogs simultaneously within the SAP Supplier Relationship Management (SRM) procurement application. The search technology is completely web-based with no software to download or hardware to install. As a SAP Services Partner, NetSol Technologies has recruited a highly specialized team of SAP professionals who provide SAP consulting expertise across industries and business processes including financials, supply chain, procurement, and business intelligence.

Najeeb Ghauri, NetSol Technologies Chairman and CEO, stated, “The formal launch of our new smartOCI™ solution represents a major milestone for our SAP practice and opens up tremendous new opportunities within the vast global market for SAP solutions. smartOCI™ greatly simplifies SAP eProcurement systems, increasing productivity for purchasing organizations and creating the opportunity for material cost savings through more efficient eProcurement capabilities. For organizations with an SAP SRM system, and more than one OCI-compliant catalog, smartOCI™ is a perfect fit. We look forward to demonstrating our smartOCI™ solution at the upcoming SAP SAPPHIRE NOW Conference and see this live launch as a critical factor in driving the growth of our SAP business.”

NetSol’s Senior Vice President will be speaking and demonstrating NetSol’s smartOCI™ solution at the SAP SAPPHIRE NOW Conference to be held at the Orange County Convention Center in Orlando, Florida from May 16 to May 19, 2010.

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