NEW YORK, Nov. 11, 2009 (GLOBE NEWSWIRE) -- Veteran business journalist Jill Bennett joins Najeeb Ghauri, Chairman & CEO of NetSol Technologies Inc. (NTWK) to discuss the company's industry, strategy, financials and positioning.
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Najeeb Ghauri is Chairman of the Board of Directors and CEO of NetSol Technologies, Inc., a worldwide provider of business solutions and enterprise application solutions. In the early years of the Company, Mr. Ghauri was responsible for restructuring the company's business model into that of an IT company and was instrumental in the completion of the NetSol Technologies IPO in 1998. He also spearheaded the successful listing of NetSol (NTWK) on the Nasdaq Capital Market (formerly known as Nasdaq Small Cap) in December 1999. At the time of its IPO, NetSol was the first IT company originated from Pakistan to be listed on Nasdaq. NetSol grew from just five people to almost 1000 in 2009 and grew from $100K revenue in 1998 to $37MN in 2008. Today, NetSol has nearly 200 customers worldwide and offices in 6 countries.
Mr. Ghauri was influential in listing NetSol's Pakistani subsidiary on the Karachi Stock Exchange (KSE). In addition, Mr. Ghauri helped establish the first US Company listed on both Nasdaq Capital Market (Nasdaq:NTWK) and Dubai stock exchange (Nasdaq DUBAI:NTWK).
On September 13, 2006 and again in June 25, 2008, Mr. Ghauri represented NetSol Technologies as he presided over the closing bell for the Nasdaq Exchange in New York City. He has been twice nominated in the United States for the Ernst & Young 'Entrepreneur of the Year', once in 2001 and again in 2008.
Prior to launching NetSol in the U.S., Mr. Ghauri had over 15 years of combined marketing and management experience with Fortune 500 companies such as Unilever and Atlantic Richfield Corporation (ARCO). He received his bachelor's degree from Eastern Illinois University and earned an MBA in marketing from the Drucker School of Management at the Claremont Graduate School.
Mr. Ghauri is also active in various charitable and educational non-governmental organizations (NGOs) worldwide. He is a founding board member of the Pakistan Human Development Fund, which provides educational tools to children in underdeveloped areas of Pakistan. He is also a founding board member and Vice-Chairman of the U.S. Pakistan Business Council in Washington, D.C., a U.S. Chamber of Commerce body and the leading private sector association in the United States promoting trade and investment between the United States and Pakistan.
About NetSol Technologies, Inc.
NetSol Technologies, Inc. (Nasdaq:NTWK) (Nasdaq DUBAI:NTWK) is a worldwide provider of global business services and enterprise application solutions. Since its inception in 1995, NetSol has used its BestShoring(TM) practices and highly experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions. Specialized by industry, these product and services offerings include credit and finance portfolio management systems, hospital/healthcare information management systems (HIMS), SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Healthcare, Insurance, Energy, and Technology markets. NetSol's commitment to quality is demonstrated by its achievement of the ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by fewer than 100 companies worldwide. NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. Headquartered in Emeryville, California, NetSol Technologies has operations and offices in Adelaide, Bangkok, Beijing, Lahore, London, and San Pedro Sula.
To learn more about NetSol Technologies, Inc., visit www.netsoltech.com
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