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 (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.

******* Disclaimer: Please Read *******

Wall Street Futures is a news service of Wall Street Small Cap Reporter (WSSCR). WSSCR publishes reports providing information on selected companies it believes have investment potential. WSSCR is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements/opinions herein should not be construed as an offer or solicitation to buy or sell any security. WSSCR accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. WSSCR has been hired as a consultant and has been paid by a third party for the publication and circulation of this report. This report contains forward-looking statements, which involve risks and uncertainties -- including, but not limited to, risks associated with changes in general economic and business conditions (including in IT and financial information industries), competitors' actions, the extent to which the company is able to develop new products/services, and market acceptance of these services -- that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the company above or obtain the SEC filings of the company including its most recent annual and quarterly reports.

Contact Information