SOURCE: The Wall Street Small Cap Reporter

May 12, 2005 07:05 ET

Wall Street Futures Reports: NETCERT, Inc. (Pink Sheets: NTCI) Launches E-Commerce Platform for China; Reports 40 Percent Profit Margin in 2004

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Wall Street Small Cap Reporter.

DALLAS, TX -- (MARKET WIRE) -- May 12, 2005 -- This week, Wall Street Futures, a leading source of news and information for small cap investors, continues its coverage of NETCERT, Inc. (OTC: NTCI) as its "new listing to watch" in the Internet and e-commerce space.

Often compared with Paypal, now owned by eBay, Inc. (NASDAQ: EBAY) or similar systems used by Amazon.com (NASDAQ: AMZN), NTCI specializes in Internet-based transaction services. The company's online malls sell everything from traditional products like clothes, gifts, and books to newer products like e-cards, software and gaming accessories. Its commitments from more than 3,000 online stores regularly bring existing customers and increased sight volume.

This week, NTCI announced the launch of Treasure Island Mall, a unique "forced credit" transaction platform designed exclusively for the emerging Chinese e-commerce market. It provides buyers and sellers with a friendly, online shopping environment that leverages this proprietary technology to help eliminate fraudulent practices in e-commerce and resolve the most salient bottleneck limiting growth of e-commerce in China: consumer confidence in the security of e-commerce transactions.

According to a company news release, NTCI's "forced credit" process has been designated by the Chinese Ministry of Science & Technology as part of the National Key Technologies R&D Program, ensuring preferential treatment by government agencies and facilitated access to national and international financial institutions. The company also has signed a contract to develop an Internet e-payment operation for China Netcom Group (NASDAQ: CN), a Fortune 100 Chinese company.

Most importantly for investors interested in bottom-line results, in only nine months of operations in 2004, NTCI reported annualized revenue of $2.2 million and a net profit of 40 percent or $893,900. It also reported $1 million in cash reserves.

Shares of NTCI closed Monday at $0.09, up more than 12 percent on the day, and could be grossly undervalued at this level. As a new listing, NTCI is trading modestly at present, but it is poised for significant upside once more investors become aware of its impressive financials.

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