CALABASAS, CA -- 08/27/07 --
NetSol Technologies, Inc. ("NetSol") (NASDAQ: NTWK), a multinational provider of enterprise software and IT services to
the financial services industry, plans to announce its year end 2007
financial results the morning of Wednesday, September 19, 2007.
Following the distribution of the press release, NetSol senior management
will host a conference call at 11:00 a.m. ET (8:00 a.m. PT) to review year
end results for the period ended June 30, 2007. Najeeb Ghauri, chairman
and chief executive officer, and Tina Gilger, chief financial officer, will
host the call, which will be webcast live. The webcast and a supporting
slide presentation will be made available online at
http://www.netsoltek.com/investors/investor_relations.htm. Telephone
access to the conference call is available in North America by dialing +1
(877) 407-8033 (U.S.) or internationally by dialing +1 (201) 689-8033.
An audio replay of the conference call will be available approximately one
hour following the conclusion of the call and will be available for 30
days. To access the replay in North America dial +1 (877) 660-6853 (US) or
when calling internationally dial (201) 612-7415, using replay account code
# 286 and conference ID # 253380. An archived replay of the conference
webcast also will be available on the NetSol Technologies web site at
http://www.netsoltek.com/investors/investor_relations.htm.
About NetSol Technologies
NetSol Technologies is a multinational provider of enterprise software and
IT services to the financial services industry. NetSol helps clients to
identify, evaluate and implement technology solutions to meet their
strategic business challenges and maximize their bottom line. By utilizing
its worldwide resources, NetSol delivers high-quality, cost-effective
equipment and vehicle finance portfolio management solutions. The Company
also delivers managed IT services ranging from consulting and application
development to systems integration and development outsourcing. NetSol's
commitment to quality is demonstrated by its achievement of both ISO 9001
and SEI (Software Engineering Institute) CMMi (Capability Maturity Model)
Level 5 assessment, a distinction shared by only 94 companies worldwide.
The Company's clients include global automakers, financial institutions,
technology companies and governmental agencies. NetSol's largest customer,
DaimlerChrysler Services, ranks the Company as a preferred vendor in 40+
countries. Headquartered in Calabasas, CA, NetSol Technologies also has
operations and/or offices in London, San Francisco, Adelaide, Beijing,
Toronto, and Lahore and Karachi, Pakistan. To learn more about NetSol
Technologies, visit the Company's web site at www.netsoltek.com. Click
here to join the NetSol Technologies, Inc. email distribution list:
http://www.b2i.us/irpass.asp?BzID=897&to=ea&s=0.
Forward-Looking Statements
This press release may contain forward-looking statements relating to the
development of the Company's products and services and future operation
results, including statements regarding the Company that are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those projected. The words "believe," "expect,"
"anticipate," "intend," variations of such words, and similar expressions,
identify forward-looking statements, but their absence does not mean that
the statement is not forward looking. These statements are not guarantees
of future performance and are subject to certain risks, uncertainties and
assumptions that are difficult to predict. Factors that could affect the
Company's actual results include the progress and costs of the development
of products and services and the timing of the market acceptance.
Contacts:
NetSol Technologies, Inc.
Tina Gilger
Chief Financial Officer
Tel: +1 818-222-9195, x112
Investor Relations
Christopher Chu
The Global Consulting Group
Tel: +1-646-284-9426
Email: cchu@hfgcg.com
