MondayJun 28, 2010 1:01 pm

NetSol Technologies, Inc. (NTWK) to Present at RedChip’s Upcoming Midsummer New York Equities Conference

RedChip Companies, Inc. announced this afternoon that the CEOs and executive teams of 14 emerging growth companies will deliver presentations to investors during the RedChip 2010 Midsummer Elite Equities Conference on July 21, 2010 at the NASDAQ MarketSite (4 Times Square) in New York City. RedChip investor conferences feature emerging small-cap companies that present their stories to hundreds of retail brokers, institutional brokers, fund managers, portfolio managers, accredited investors and research analysts. Pre-qualified financial professionals and investors are provided with free admission. During this year's mid-summer event, investors will have the opportunity to meet one-on-one with the CEOs of presenting…

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WednesdayJun 23, 2010 9:56 am

NetSol Technologies, Inc. (NTWK) Re-Engineering Healthcare Information Processing

NetSol Technologies Inc., a worldwide provider of automated and IT enabled enterprise software solutions, and recognized SAP Services Partner, has become a major player in re-engineering the information processing side of the healthcare industry. Healthcare is an industry undergoing major changes and rapid growth, and is in urgent need of automation. Effective software solutions must incorporate a vast array of governmental and industrial rules, while offering an extraordinarily efficient engine for identifying and controlling costs, in addition to allowing easy scaling and functional growth. NetSol works closely with the industry, providing automated, secure, and integrated solutions for the clinical, financial,…

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TuesdayJun 15, 2010 8:44 am

NetSol Technologies, Inc. (NTWK) Announces Contract with Sany Corp. of China for Implementation of NFS Solution

Today, NetSol Technologies, Inc. announced that Sany Corp. of China, the largest concrete equipment manufacturer in the world, signed a contract of notable value to install NetSol's Financial Suite ("NFS") solution to run its newly formed finance company. The complete NFS suite, including Credit Application Processing (CAP), Contract Management System (CMS) and Wholesale Finance System (WFS), is to be deployed across Sany's vast dealer network as well as its business back office centers across China. The largest concrete machinery manufacturer in the world, Sany is one of the Global Top 50 Construction Machinery Manufacturers and one of China's Top 500…

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MondayJun 14, 2010 7:57 am

NetSol Technologies Inc. (NTWK) Thrives Despite Economic Turbulence

When NetSol Technologies announced recently that it had secured $3 million from a major international automotive maker’s captive finance company in the Asia-Pacific region, it was just one more reflection of the very real difference between NetSol and so many other companies in the enterprise software business. In the midst of the most challenging period in that industry, perhaps since its inception, NetSol has been able to leverage its unsurpassed reputation for quality, its strong relationship with SAP technology, and its expanding worldwide connections to survive and grow. It’s this very unusual mix of strengths that make NetSol such an…

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ThursdayJun 10, 2010 7:59 am

NetSol Technologies, Inc.’s (NTWK) Announces SAP Certification for Its smartOCI(TM) Search Engine

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that the Company's eProcurement catalog search engine, smartOCI(TM), has been certified by SAP for integration with SAP applications. According to the press release, smartOCI(TM) achieved the highest level of certification with the B2B-OCI catalog interface, allowing buying organizations to use smartOCI(TM) to search and exchange catalog content from suppliers worldwide and transfer these purchasing requests to the SAP and SRM backend systems. Launched only a month ago, smartOCI(TM) is designed to provide corporate buyers and shoppers a simple and intuitive user interface to search…

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TuesdayJun 08, 2010 9:09 am

NetSol Technologies, Inc. (NTWK) Receives “Strong Buy” Rating and $3.00 Price Target from RedChip Visibility

RedChip Visibility, a division of RedChip Companies, Inc., yesterday announced its initiation of coverage on NetSol Technologies Inc., a developer and implementer of global business services and enterprise application solutions. Bill Matson, CFA, RedChip Research Analyst, stated, "NetSol's global footprint, low labor costs, proven quality, and software with the ability to consolidate an unprecedented variety of global IT functions in one location for credit-based businesses have allowed the Company to build a diversified blue chip client base." "While approximately 60% of NetSol's revenues are currently derived from its NetSol Financial Suite(TM), it must be noted that the Company is involved…

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WednesdayJun 02, 2010 12:02 pm

NetSol Technologies, Inc. (NTWK) Offers Full Credit Bureau Capabilities with Web-Based Product

NetSol Technologies Inc., a leading global enterprise software company, offers among its many products and services one of the most advanced credit automation systems available anywhere in the world. Its name is Electronic Credit Information Bureau (e-CIB) and it allows any commercial or governmental operation to fully automate the functionalities of a credit bureau. Completely web-based, the system provides the user direct and immediate online access to borrower financial data. It’s an end-to-end solution for credit bureaus, banks, and other commercial and government users. e-CIB is state-of-the-art, incorporating Oracle and Java, with a secure interface made possible through the use…

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ThursdayMay 27, 2010 8:40 am

NetSol Technologies, Inc. (NTWK) Announces Over $3 Million in New Contracts as Major Automotive Finance Company Implements NetSol Financial Suite(TM)

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that it has secured two major projects worth more than $3 million to implement its NetSol Financial Suite (NFS)(TM) Contract Management System (CMS) with a major international automotive manufacturer's captive finance company in the Asia-Pacific Region. NetSol's solution will fully automate the customer's financing business, providing improved operational efficiencies, enhanced contract lifecycle management, increased financial visibility, and quick return on investment. The contract has been skillfully structured for significant upfront as well as recurring revenue components. Naeem Ghauri, Head of Global Sales of NetSol…

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WednesdayMay 26, 2010 11:02 am

NetSol Technologies, Inc.’s (NTWK) Web of Global Alliances and Joint Ventures

NetSol Technologies Inc. is a worldwide provider of global IT and enterprise application solutions. The company serves the global financial, healthcare, insurance, energy and technology markets. One of the key approaches of NetSol has been to develop strategic global alliances with different types of partners. The aim is to establish credibility for the customers, enhance knowledge on different technologies and industries, and penetration into new geographical markets. Currently, the company is focused on two joint ventures. The first joint venture, called Extended Innovation, was formed in 2005 with Britain's Innovation Group PLC. This venture has shown tremendous growth since its…

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TuesdayMay 18, 2010 7:45 am

Founders Acquire Over 1 Million Shares of NetSol Technologies, Inc. (NTWK)

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced today that its three founding officers acquired over 1 million shares in the company through a private transaction. Purchased at the price of $0.87 on May 14, 2010, Najeeb Ghauri, CEO and Chairman, acquired 375,000 shares of stock, Salim Ghauri, President APAC, acquired 350,000 shares, and Naeem Ghauri, President NTE, acquired 309,383 shares. Each founder filed an SEC Form 4 to report the acquisition. NetSol Technologies, Inc. leverages its BestShoring(TM) practices and highly experienced resources to deliver high-quality, cost-effective solutions. Their suite of products and services…

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