NTWK - NetSol Technologies, Inc. (NYSE Stock) - Page 20 - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**BadThad** · #**191** 07-14-2010, 09:38 AM

News:

Quote:

NetSol North America Sales Rebound After Stream of New Orders From Existing Clients
6:55a ET July 14, 2010 (GlobeNewswire)
NetSol Technologies, Inc. ("NetSol" or "Company") (Nasdaq:NTWK) (Nasdaq Dubai:NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today announced that North American sales of enhancements to its LeasePak lease management solution have significantly increased from the quarter ended in June 2010 into the current quarter.

Enhancements include the purchase of additional licenses and software upgrades. NetSol Technologies North America has sold additional LeasePak licenses to a number of existing customers, including the finance arm of a large automotive manufacturing company. In addition, the Company has experienced a considerable increase in software upgrade revenue, attributed to new functionality required by North American customers using the LeasePak and Wholesale Finance System.

Najeeb Ghauri, Chairman and CEO of NetSol, commented: "The increase in enhancement-related revenue suggests growing North American demand for our LeasePak product. As our major U.S.-based clients seek to upgrade their existing systems, we look forward to providing them with flexible, modular software solutions to meet their changing needs. We are very upbeat about the long-term outlook for NetSol's products and services in the U.S. market."

For over 30 years, LeasePak has been the lease, loan, and asset solution for leading banks, equipment lessors, commercial loan companies, and vehicle lessors throughout North America. LeasePak is a key component of NetSol Financial Suite's end-to-end lifecycle solution.

**BadThad** · #**192** 07-20-2010, 01:54 PM

News:

Quote:

NetSol Technologies Europe Signs LeaseSoft Upgrade Agreement With Singers Healthcare Finance Limited
6:55a ET July 20, 2010 (GlobeNewswire)
NetSol Technologies, Inc. ("NetSol" or "Company") (Nasdaq:NTWK) (Nasdaq Dubai:NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today announced that the Company has signed a LeaseSoft license upgrade agreement with Singers Healthcare Finance Limited ("SHFL"), one of the UK's leading providers of leasing solutions to the healthcare industry.

Under the terms of the agreement, SHFL will upgrade to the latest version of NetSol's LeaseSoft asset management solution. The upgrade will provide SHFL with a large number of functionality enhancements, including specific enhancements to support SHFL's expanding business within the healthcare equipment leasing industry.

Susan Hinton-Smith, CEO of SHFL, commented: "We have enjoyed a successful relationship with NetSol, and this upgrade agreement is made in the certain knowledge that NetSol delivers on its promises. During our time working with NetSol, we have always found them to be refreshingly open and honest. Their consultants thoroughly understand our business, and the Company's approach has always been flexible and commercially realistic. We view NetSol as a partner, and we look forward to extending that partnership in the years ahead."

Naeem Ghauri, CEO and Head of Global Sales for NetSol Technologies Europe, commented: "We are delighted that SHFL has decided to work with us for their system upgrade project. We are immensely proud of our customer base and the longstanding relationships we develop. SHFL's decision is proof that, as a business, we are in tune with our customers, have deep domain expertise and provide a strong solution, service and support package. It is gratifying to win a new customer, but equally as important to know that our existing customers are happy to come back for more."

NetSol's LeaseSoft solution is a premium suite of asset-based leasing software that improves business processes by providing fast and convenient solutions capable of dealing with multi-asset and multi-lingual environments. LeaseSoft is a component of NetSol's flagship Financial Suite (NFS(TM)) end-to-end lifecycle solution.

Current stock price: $0.8289

**BadThad** · #**193** 07-26-2010, 01:56 PM

This company KICKSASS! It's one new contract after another.

Quote:

NetSol Signs Contract to Implement NFS CAP Solution with a Major U.S. Auto Manufacturer in China
6:55a ET July 26, 2010 (GlobeNewswire)
NetSol Technologies, Inc. ("NetSol" or "Company") (Nasdaq:NTWK) (Nasdaq Dubai:NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today announced that the Company was awarded a major software and IT services contract valued at over $1 million with a major U.S. automotive manufacturer's captive finance arm in China. Under the terms of the contract, the Company will provide its Credit Application Processing solution to fully automate point of sale (POS) functions in the client's Chinese dealer network. NetSol will install its next-generation platform to capture all credit and client data at the point of sale to streamline and automate the entire credit application capture process.

Naeem Ghauri, President and Head of Global Sales at NetSol, commented: "This is a major win for NetSol's China operations. Our state-of-the-art auto leasing platform has become the de facto gold standard in the Chinese IT market. This new win clearly establishes NFS as a market leader with over 90% IT market share in China's captive auto finance sector. We expect to sign a number of new deals in the foreseeable future, as our pipeline remains strong and growing."

China overtook the U.S. in 2009 to become the world's largest auto market, with over 13 million vehicles sold during the year. Research firm J.D. Power and Associates projects that sales of passenger vehicles (a category that includes passenger cars, SUVs and minivans) in China will increase from 8.7 million vehicles in 2009 to 13.5 million vehicles by 2015, an increase of more than 55%.

Credit Application Processing (CAP), a component of the NetSol Financial Suite (NFS(TM)) of products, is a web-based credit evaluation system. CAP provides finance and leasing companies with the ability to quickly assess the merit and risk level of an applicant applying for a loan or a lease. The system is seamlessly integrated with NetSol's POS module, but it can also be customized to link to any third-party point of sale system.

Current stock price: $0.85

**BadThad** · #**194** 08-13-2010, 02:02 AM

YES! Get that PPS up. The proper way to try to get the PPS up. This is good news and may prevent a split.

Quote:

NetSol Announces Share Repurchase Plan
6:55a ET July 27, 2010 (GlobeNewswire)
NetSol Technologies, Inc. ("NetSol") (Nasdaq:NTWK) (Nasdaq DUBAI:NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, announced today that the Company's board of directors has authorized a share repurchase program for up to 2 million shares of the Company's common stock. The plan went into effect July 27 and is scheduled to be completed within six months.

NetSol's Chairman and CEO, Najeeb Ghauri, stated, "I am pleased to announce the Company's stock buyback plan, which we believe will increase the value of the shares held by our investors. We are very excited and bullish about our global business outlook, as demand for our NFS(TM) platform has surged over the last two quarters and grown our backlog substantially. This is an excellent opportunity for us to initiate this open-market buyback, as we believe that our stock is quite undervalued based on fundamentals and intrinsic value."

**BadThad** · #**195** 08-25-2010, 09:40 AM

Impressive!

Quote:

NetSol Achieves CMMI Level 5 Recertification
6:55a ET August 24, 2010 (GlobeNewswire)
NetSol Technologies, Inc. ("NetSol" or the "Company") (Nasdaq:NTWK) (Nasdaq Dubai:NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, announced today that the Company has achieved CMMI (Capability Maturity Model Integration) Level 5 recertification from the Software Engineering Institute ("SEI") at Carnegie Mellon University in Pittsburgh.

CMMI is an internationally recognized quality assurance standard for enhancing and evaluating an organization's software development processes. Maturity Levels range from 1 to 5, with 5 being the highest ranking. According to a 2006 report from SEI, the use of CMMI-based process improvement standards is closely correlated with improvements in product quality, project performance, and organizational performance. To learn more about CMMI, visit CMMI | Overview.

NetSol initially achieved Level 5 status in 2006. The reappraisal process is performed every three years by SEI-certified consultants and takes three to six months to complete. The Company is the only IT solutions provider in Pakistan and one of 162 companies in the world to be rated CMMI Level 5. Companies that have achieved Level 5 status include IBM, Motorola, Northrop Grumman, Lockheed Martin, Raytheon and the Boeing Company.

NetSol's Chairman and CEO, Najeeb Ghauri, commented, "We are honored to once again be recognized as a member of the world's top echelon of software companies. Our recertification represents a landmark achievement for NetSol and a tremendous validation of our business model. The requirements for achieving Level 5 status have evolved and intensified considerably since our initial certification, and we are proud to have maintained the same standard of excellence in the IT software industry that we have always pursued. Adhering to CMMI standards has enabled us to successfully direct the efforts of our global offices, improve our operating efficiency, and deliver the highest caliber of products and services to our clients worldwide. Sales of our enterprise software products remain strong, and we have every confidence that our steadfast dedication to quality will result in the continued growth of our business."

**BadThad** · #**196** 09-02-2010, 02:43 PM

Maybe they are buying back shares today, volume way up.

Current stock price: $0.9097 (up over 7%)

Remember, they are trying to get the PPS back over $1. THIS IS A GOOD STOCK TO BUY NOW IMO.

**BadThad** · #**197** 09-02-2010, 03:40 PM

$.94

Sure bet at this point, this stock is going over $1 soon.

**BadThad** · #**198** 09-02-2010, 04:20 PM

Closed at $0.93 (up 9.75%)

**BadThad** · #**199** 09-03-2010, 02:06 PM

$1.00 HOD....this is going to close over $1 today IMO.

**BadThad** · #**200** 09-03-2010, 04:08 PM

Closed at $1.03!

I told you all to buy at $0.90, easy 10 cents per share.