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


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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

Please see disclaimer on our profile

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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.

Please see disclaimer on our profile

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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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To: QualityStocks who wrote (173)9/5/2010 12:06:18 PM
From: alenor
   of 181
 
Thanks.
Looks like the $1.00, necessary to hold Exchange status, will likely hold.
alen

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From: alenor9/17/2010 6:03:58 PM
   of 181
 
A great day for NTWK.
High volume and higher share price.
Have some idea why but cannot confirm.
alen

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From: alenor9/27/2010 8:40:39 AM
   of 181
 
News out :"NetSol Technologies Regains Full NASDAQ Compliance

2010-09-27 06:55 ET - News Release

CALABASAS, Calif., Sept. 27, 2010 (GLOBE NEWSWIRE) -- 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, today announced that NASDAQ has notified the Company that it has regained compliance with the minimum bid price requirement in Listing Rule 5550(a)(2) and met the requirements of the NASDAQ Listing Qualification Panel (the "Panel") decision dated March 22, 2010. Accordingly, the Panel has determined to continue the listing of the Company's common stock on the NASDAQ Capital Market exchange.

The letter from NASDAQ stated that on March 22, 2010, the Company was notified that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of the NASDAQ Stock Market. On September 23, 2010, the Company's closing price was $1.39 per share, the tenth consecutive day it had exceeded the $1.00 per share threshold. Accordingly, NetSol has regained compliance with all applicable listing rules."

What else can I say?
alen

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From: alenor2/10/2012 5:21:01 PM
   of 181
 
Today, NetSol was a winner.
Sure, it is still a long way to get back to $1.00+ but the gain and volume today, suggest something is about to happen here.
Worth a watch, at least!
alen

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From: alenor5/8/2012 4:37:41 PM
   of 181
 
After posting a very good 3rd quarter, I expected NTWK to gain enough to get back to the .70 level. It did in pre-market but never made it after.
Perhaps the last fund raising at 50 cents still weight on the share price...
Surprising that a 3 cents net per diluted share for the quarter means just about nothing...
alen

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From: alenor8/13/2012 10:14:54 AM
   of 181
 
NTWK just RS 10 to 1. That should complete the Exchange requirement.

" Company to Report Fiscal 2012 Financial Results on September 4

CALABASAS, Calif., Aug. 13, 2012 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, today provided its outlook for its 2013 fiscal year which began on July 1, 2012 and announced the completion of a 1-for-10 reverse stock split.

Fiscal 2013 Outlook

"By many measures, fiscal 2012 was a year of great transformation for NetSol, evidenced by sequential quarters of revenue growth as well as earnings appreciation," said Najeeb Ghauri, CEO of NetSol. "Demand for our products has never been higher and I am fully confident in our teams' ability to lift NetSol to its next chapter of execution as fiscal 2013 gets under way."

In July, NetSol previewed its financial results for the fiscal fourth quarter and year ended June 30, 2012, which underscored its strongest year ever. Based on preliminary estimates, NetSol said it anticipated total revenue for the fiscal fourth quarter of approximately $11.6 to $12.6 million, and earnings per diluted share in the range of approximately $0.02 to $0.03. For the full fiscal year, the company anticipates total revenue in the range of $37 million to $38 million, translating to earnings per diluted share of $0.03 to $0.04. On a split-adjusted basis, as discussed below, this translates to earnings per diluted share of $0.30 to $0.40. NetSol plans to report its complete fiscal 2012 financial results on September 4, 2012.

Looking forward and based on projects currently underway, combined with a steady base of recurring revenue, and robust demand for the core NFS solution, particularly in the APAC region, among other ongoing initiatives, NetSol anticipates growing total annual revenue in the range of approximately $46 million to $49 million for fiscal 2013. On a split-adjusted basis as discussed below, the company also expects earnings per diluted share of $0.80 to $1.00 for the year, translating into earnings per diluted share growth of more than 100%.

"Throughout the past year we expanded our delivery footprint in the Asia pacific region, giving customers and prospects increased confidence, and as a direct result, have won a number of new contracts, several of which were signed late in the fourth quarter," said Ghauri. "Adding to that, we also have a number of potential new customers who have already expressed interest in our Next Generation cloud-based leasing solution, which bodes well for us as we move to launch the product over the next few months."

Reverse Stock Split Completed

NetSol's Board of Directors approved the proposed reverse stock split following shareholder approval received at the company's annual meeting held on August 6, 2012, and the 1-for-10 reverse split of NetSol's common stock took effect at 5 p.m. Eastern Time on August 12, 2012.

NetSol's common stock will begin trading on the NASDAQ Capital Market on a split-adjusted basis at the opening of trading this morning, with 64115A402 as its new CUSIP number. The company expects that NASDAQ will append a "D" to the ticker symbol, "NTWKD," to indicate the completion of the reverse split for a period of 20 days.

The reverse stock split affected all issued and outstanding shares of the company's common stock, as well as common stock underlying stock options, restricted stock units, and warrants immediately prior to the effectiveness of the reverse stock split. The reverse stock split reduced the number of shares of the company's common stock outstanding to approximately 7.5 million and the number of authorized shares of the company's common stock became approximately 15.0 million.

No fractional shares will be issued in connection with the reverse split. Stockholders who would otherwise hold a fractional share of the company's common stock will receive a cash payment in lieu of such fractional share based the closing sale price of the company's common stock on the business day immediately preceding the effective date of the reverse split as reported on the NASDAQ Capital Market, which is $0.45

Stockholders with shares held in book-entry form or through a bank, broker or other nominee are not required to take any action and will see the effect of the reverse stock split reflected in their accounts after August 13, 2012. Beneficial holders may contact their bank, broker or nominee for more information. Stockholders with shares held in certificate form are required to exchange their stock certificates for book-entry shares representing the shares of common stock resulting from the reverse split. Shortly after August 13, 2012, registered holders who hold stock in certificate form will receive a Letter of Transmittal and instructions for exchanging their certificates from the company's exchange agent, American Stock Transfer & Trust Company..."

alen

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