CORRECTION: NetSol Technologies, Inc. Announces Fourth Quarter and Year-End Financial Results Conference Call; Corrects Conference Call Date


CALABASAS, Calif., Oct. 3, 2003 (PRIMEZONE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a developer of proprietary software applications, announced today it will hold its quarterly conference call to discuss fourth quarter and year-end financial results for fiscal 2003 on Thursday, October 9, 2003, at 8:30 a.m. Eastern time.

The dial-in number is 617.786.2960. As a limited number of dial-in lines are available and a passcode necessary, please RSVP your participation by calling Suzanne at 949.566.9860. Additionally, this call is being webcast by CCBN and can be accessed at NetSol's web site at www.netsoltek.com.

The web cast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

About NetSol Technologies

NetSol Technologies is an end-to-end solution provider for the lease and finance industry. Headquartered in Calabasas, CA, NetSol Technologies, Inc. operates on a global basis with locations in the U.S., Europe, East Asia and Asia Pacific. NetSol helps its clients identify, evaluate and implement technology solutions to meet their most critical business challenges and maximize their bottom line. By utilizing its worldwide resources, NetSol has been delivering high quality, cost effective IT services ranging from consulting and application development to systems integration and outsourcing for years. Their commitment to quality is demonstrated by achieving both ISO 9001 and SEI (Software Engineering Institute) CMM (Capability Maturity Model) Level 3 assessment.



            

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