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   Microcap & Penny StocksNTWK OTC BB Netsol International Inc (Formerly MGHI)


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To: QualityStocks who wrote (163)7/14/2010 9:57:12 AM
From: alenor
   of 181
 
QS, that was a refreshing bit of news, today.
Concrete enough and indicating additional sales to existing customers should reflect in the share price.
alen

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From: QualityStocks7/19/2010 11:01:15 AM
   of 181
 
NetSol Technologies, Inc. (NTWK) Continues to Rack Up China and Global Success

NetSol Technologies Inc. continues to strengthen its position in China and around the world, with a recent string of good news kicked off by its recent announcement of a major contract with giant Sany Corp. of China. The agreement calls for NetSol to deploy its popular Financial Suite (NFS) solution across Sany’s vast dealership network, as well as in its back office centers across China.

The deal represents a huge success for NetSol. Sany Corp. is the largest concrete machinery manufacturer in the world, and one of the world’s top 50 construction machinery manufacturers. It has also been honored as the most profitable and competitive enterprise in the engineering machinery industry, with the highest growth momentum in China. That Sany picked NetSol testifies to the company’s strong global reputation and the unmatched appeal of their products.

NetSol head of Global Sales, Naeem Ghauri, commented, “This win is one of many we have in our current pipeline and is a further validation of our China strategy and our NFS value proposition. We have a clear market leadership in this exciting space, which is continuing to grow exponentially in China.”

Following up on the Sany deal, NetSol announced on July 6 the successful implementation of its NFS solution by Minsheng Financial Leasing Co. Ltd., NetSol’s first major banking-oriented financial leasing client in China. According to Minsheng, the system has already helped normalize its business processes and significantly improve its operational efficiency.

And now, NetSol has announced that North American sales of enhancements to its LeasePak lease management solution have jumped, suggesting growing North American demand for LeasePak, and leading the company’s Chairman and CEO, Najeeb Ghauri, to say “We are very upbeat about the long-term outlook for NetSol’s products and services in the U.S. market.”

For more information on NetSol Technologies, visit the company website at www.NetSolTech.com

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From: QualityStocks7/20/2010 9:04:08 AM
   of 181
 
NetSol Technologies, Inc. (NTWK) Announces Upgrade Agreement with Singers Healthcare Finance Limited

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, this morning 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.

As terms of the agreement, SHFL will upgrade to the latest version of NetSol’s LeaseSoft asset management solution. With this upgrade, SHFL will gain 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, stated, “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.”

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From: QualityStocks7/21/2010 9:25:20 AM
   of 181
 
NetSol Technologies, Inc. (NTWK) Subsidiary Makes Move to Acquire NetSol’s European and North American Subsidiaries

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that it has received a proposal to transfer ownership of its two wholly owned subsidiaries, NetSol Technologies Europe (“NTE”) and NetSol Technologies North America, Inc. (“NTNA”), to NetSol Technologies Ltd. (“NTPK”), the Company’s majority-owned subsidiary in Pakistan.

The Pakistan subsidiary has proposed to purchase the two subsidiaries from NetSol at a premium to book value in an all-stock transaction. NetSol currently owns 58% of NTPK and 100% of both NTE and NTNA. If approved, the internal sale of both NTE and NTNA would increase NetSol’s ownership stake in NTPK from 58% to 76%. The total estimated value of both NTE and NTNA by an independent appraisal firm is approximately $20 million.

Once the transaction has been made, the subsidiaries will continue to operate in their present locations, but the reporting of NetSol’s three subsidiaries would be consolidated under one entity, NTPK. Currently, each subsidiary operates under NetSol, however, while the revenue of NTPK is reported and disclosed as part of NetSol’s gross revenues, the bottom line profitability of NetSol is reduced by the minority interest ownership in NTPK. In its current form, the transaction will increase NetSol’s ownership in NTPK, thereby reducing its minority interest. Because the increase in ownership would allow NetSol to recognize a greater portion of NTPK’s revenues and earnings as its own, the Company would expect a net accretive effect on its earnings per share.

Najeeb Ghauri, Chairman and CEO of NetSol, stated, “If approved by the NetSol board, the agreement is a win-win situation for our employees, shareholders and customers worldwide. We expect this transaction to strengthen the symbiotic relationship between our subsidiaries, resulting in increased operating efficiency. Furthermore, we expect NetSol Pakistan’s higher margins to result in improved profitability for the Company. We anticipate that this internal transaction will improve our bottom line and ultimately enhance value for our shareholders.”

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From: QualityStocks7/26/2010 9:03:35 AM
   of 181
 
NetSol Technologies, Inc. (NTWK) Inks Contract to Implement NFS CAP Solution with a Major U.S. Auto Manufacturer in China

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that it was awarded a major software and IT services contract valued more than $1 million with a major U.S. automotive manufacturer’s captive finance arm in China. According to the press release, NetSol will provide its Credit Application Processing solution to fully automate point of sale (POS) functions in the client’s Chinese dealer network as well as 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, stated, “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. last year to become the world’s largest auto market, with more than 13 million vehicles sold during the year. Research firm J.D. Power and Associates has estimated 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, a 55.2% increase.

Credit Application Processing (CAP), a component of the NetSol Financial Suite (NFSTM) of products, is a web-based credit evaluation system that 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. Although the system is designed to seamlessly integrate with NetSol’s POS module, it can also be customized to link to any third-party point of sale system.

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From: QualityStocks7/27/2010 8:55:08 AM
   of 181
 
NetSol Technologies, Inc. (NTWK) Commences Share Repurchase Plan of Up to 2 Million Shares

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning 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 today and is expected 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.”

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From: QualityStocks8/5/2010 11:10:16 AM
   of 181
 
Increase In North American Sales a Bonus for NetSol Technologies (NTWK)

For NetSol Technologies Inc. (NASDAQ: NTWK), global provider of enterprise application solutions, the recent jump in North American sales is frosting on the cake, coming off of significant accomplishments overseas. The company had been focusing on its growing global position, recently announcing a major contract with Sany Corp. of China. Sany is the largest concrete machinery manufacturer in the world, and is considered to have the highest growth momentum in China. NetSol then announced the successful implementation of its NFS (NetSol Financial Suite) by Minsheng Financial Leasing Co. Ltd.

And now the company has declared a major rebound in quarterly North American sales, resulting largely from current clients ordering enhancements and upgrades to existing installations. Orders include the purchase of additional licenses for NetSol’s LeasePak lease management solution plus software upgrades for the company’s Wholesale Finance System.

NetSol Chairman and CEO, Najeeb Ghauri, 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.”

NetSol’s LeasePak has long been the lease, loan, and asset solution for leading banks, equipment lessors, commercial loan companies, and vehicle lessors throughout North America, and is a key component of the company’s Finacial Suite (NFS) comprehensive lifecycle product.

Overall, NetSol has weathered the ongoing economic storm far better than most, due to its strong relationship with software giant SAP and the well known quality of its products and services. The company has achieved 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.

For more information, visit www.NetSolTech.com

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From: QualityStocks8/12/2010 12:29:54 PM
   of 181
 
NetSol Technologies (NTWK) Takes Security Seriously

One of the most important set of products and services offered by global enterprise software and support provider NetSol Technologies Inc. is their full range of information security solutions. These days, protecting the confidentiality, veracity, and accessibility of proprietary information is becoming one of the biggest problems faced by corporate America. NetSol covers the bases, first by comprehensively investigating and understanding a client’s technological and business security requirements and vulnerabilities, and then by working closely with the client, applying the most advanced technologies available, addressing both short term and long term needs.

Specifically, the company offers the following information security consulting services:

• Enterprise Security Analysis
• Penetration Testing & Vulnerability Assessment
• Information Security Audit
• Secure Network Design & Deployment
• Business Continuity/Disaster Recovery Planning
• ISO 20000 and 27001 Lifecycle Consulting

The testing and evaluation is, in a word, merciless. For example, NetSol’s Penetration Testing & Vulnerability Assessment systematically evaluates the security of the client’s information network by actually simulating an attack by a malicious user. Analysis is carried out from the position of an attacker, trying every trick possible to detect vulnerabilities. When even the slightest weaknesses are found, they are presented, along with the options available to plug the leak.

NetSol’s Network Design & Deployment process offers product-independent network designs, as well as design reviews, with an emphasis on all potential vulnerabilities and network management shortfalls. NetSol works directly with the client’s IT management to identify the current and future networking requirements and security measures, and validates the design in a real-world environment.

NetSol’s Business Continuity Planning/Disaster Recovery services are designed to ensure the most effective, robust, and sustainable plans available, carefully aligned with the infrastructure and applications that support them. They use international best practices and standards, including ISO 27001/BS7799 and ISO 25999.

Finally, regarding specific security products, NetSol is known for applying only the best:

• IBM Tivoli Security Solutions
• IBM Tivoli Security Information & Event Management (TSIEM)
• IBM Tivoli Identity Manager (TIM)
• IBM Tivoli Access Manager (TAM)
• IBM Tivoli Enterprise Single Sign-On

• IBM Enterprise Protection Products
• IBM Proventia Network Intrusion Prevention System
• IBM Proventia Multi-Function Security
• IBM Proventia Enterprise Scanner & Internet Scanner Software
• IBM Proventia Network Mail Security System
• IBM Proventia Management SiteProtector System

• Kaspersky Open Space Security
• Kaspersky Work Space Security
• Kaspersky Business Space Security
• Kaspersky Enterprise Space Security
• Kaspersky Total Space Security

For more information, visit www.NetSolTech.com.

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To: QualityStocks who wrote (171)8/17/2010 11:28:56 AM
From: alenor
   of 181
 
QS, noticed, today that NetSol is no longer
in your list of customers but you're still carrying it on your 'to watch' list.
Are you still going to update, from time to time on your Daily Newsletter?
alen

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To: alenor who wrote (172)9/4/2010 3:31:41 PM
From: QualityStocks
   of 181
 
Apologies for the late response

The One to Watch list has been updated since your post - Thanks!

We believe NetSol Technologies is still a great stock to keep on radar

Have a great weeekend,
QS

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