SOURCE: NetSol Technologies

December 15, 2006 08:30 ET

NetSol Technologies Selects Global Consulting Group to Provide Strategic Investor Relations Counsel and Communications

CALABASAS, CA -- (MARKET WIRE) -- December 15, 2006 --NetSol Technologies, Inc. (NASDAQ: NTWK), a multinational provider of enterprise software and services for commercial finance, has retained The Global Consulting Group, a strategic communications consultancy headquartered in New York, to provide investor relations and financial communications counsel.

Najeeb Ghauri, chairman and CEO of NetSol Technologies, commented, "We are delighted to work with The Global Consulting Group and look forward to developing and implementing an aggressive outreach campaign to raise the profile of NetSol Technologies among U.S. and international investors. Global Consulting Group's impressive track record in assisting micro-/small-cap companies to communicate effectively with various investor constituencies, to build brand awareness and to generate shareholder interest are the reasons we selected the firm to represent our company. We believe that our partnership with Global Consulting Group will prove instrumental in helping us to build and enhance shareholder value."

"We are very excited to work with NetSol Technologies," said Anne McBride, vice-chairman, Global Investor Relations & Financial Communications. "NetSol's recent restructuring, innovative offshore business model and ability to leverage its offshore IT infrastructure position the company well in the enterprise software and services markets, and create a platform for strong organic growth and potential exponential revenue appreciation. Having worked closely with many successful micro-/small-cap companies with an offshore business model and global footprint, we are confident that we will effectively communicate NetSol Technologies' business developments and growth opportunities to the investment community."

About NetSol Technologies

NetSol Technologies is a multinational provider of enterprise solutions and services for commercial finance. The company is headquartered in Calabasas, CA, and has operations and/or offices in London, Los Angeles, San Francisco, Sydney, Beijing, Toronto, and Lahore, Pakistan.

The NetSol family of products includes: the LeaseSoft Contract Management System, LeaseSoft Credit Application Processing, LeaseSoft Wholesale Finance System, LeaseSoft Premium Finance System, LeaseSoft EPO system, and the LeasePak portfolio management system. NetSol clients include: Motorola, CitiGroup, BMW, Toyota, Yamaha Motor Finance, Quest Communications, and Investec. NetSol's largest customer: DaimlerChrysler Services, a division of DaimlerChrysler, the world's fifth-largest carmaker, ranks NetSol as a preferred vendor in 40-plus countries.

NetSol Technologies helps its clients identify, evaluate and implement technology solutions to meet their strategic business challenges and maximize their bottom line. By utilizing its worldwide resources, NetSol Technologies delivers high-quality, cost-effective equipment finance portfolio management solutions and IT services ranging from consulting and application development to systems integration and outsourcing. NetSol Technologies' commitment to quality is demonstrated by its achievement of both ISO 9001 and SEI (Software Engineering Institute) CMMl (Capability Maturity Model) Level 5 assessment. For more information, visit NetSol Technologies' web site at

About The Global Consulting Group

The Global Consulting Group ( is headquartered in New York, with offices in Chicago, Los Angeles, Sacramento, London, Edinburgh, Madrid, Brussels, Shanghai, Tel Aviv and Istanbul. The firm focuses on providing consulting services to privately-held and publicly-traded corporate clients in the areas of financial / investor relations, corporate communications and public affairs.

Contact Information

  • For more information, please contact:

    NetSol Technologies, Inc.
    Andrew Lea
    Vice President, Marketing & Corporate Communications
    Tel: +1 650-348-0650, ext 1171

    Investor Relations
    Christopher Chu
    The Global Consulting Group
    Tel: +1-646-284-9426