CALABASAS, Calif., Aug. 27, 2003 (PRIMEZONE) -- NetSol Technologies, Inc. (Nasdaq:NTWCD), a developer of proprietary software applications announced that the President of NetSol USA, Inc., Mark Caton, will be presenting to members of the financial community at The Wall Street Analyst Forum's Computer Software and Services conference in New York on September 16, 2003. NetSol Technologies Chairman, Najeeb Ghauri will also be in attendance.
Caton will provide an overview of NetSol Technologies with more detailed discussion of the marketplace and potential for the company's information technology services, its off-shore software development facility, and the company's new relationship with Hyundai Information Technology. Additionally, Caton will discuss NetSol's recent partnership with the UK-based Akhter Group and their joint entree, through NetSol-Akhter LTD, into Pakistan with a broadband infrastructure for Internet access -- beginning with 20 hubs in Karachi with rollouts into Lahore and Islamabad.
The conference is being held at the Roosevelt Hotel located on Madison Avenue at 45th Street, second floor. Caton will be presenting at 11:40 AM on Tuesday, September 16. For information or to RSVP, please call 802.253.7596.
About NetSol Technologies, Inc.
NetSol Technologies is a leading 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. For additional information, please visit www.netsoltek.com.
Securities Exchange Act of 1934
This release is comprised of inter-related information that must be interpreted in the context of all the information provided; accordingly, care should be exercised not to consider portions of this release out of context. This release is provided in compliance with Commission Regulation FD and contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumption or future events or performance, are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "expects", "will", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur. Such statements reflect the current views of NetSol Technologies with respect to future events and are subject to certain assumptions, including those described in this release. Should one or more of the underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed or expected. NetSol Technologies does not intend to update these forward-looking statements prior to announcement of quarterly or annual results.