NetSol International To Hold Third Quarter Conference Call On May 15
CALABASAS, Calif.--(BUSINESS WIRE)--May 15, 2001--NetSol International Inc. (NASDAQ:NTWK - news) plans to hold a conference call to discuss its second quarter results on Tuesday, May 15, 2001 at 4:30 p.m. EST. Najeeb Ghauri, Chief Executive Officer, and Rick Poole, Chief Financial Controller, will present on the call. The Company will release its third quarter results at 4:00 p.m. EST on Tuesday.
The conference call is accessible by telephone (888-232-1251 in the U.S., 706-634-5936 outside the U.S.) and via the Internet at the Company's web site, www.netsol-intl.com. In light of the pending proxy contest initiated by a group calling themselves the NetSol Shareholders LLC, NetSol - on advice of counsel - will not have question and answer session at the conclusion of the conference call. An on-demand replay will be available for seven days at www.netsol-intl.com.
NetSol International Inc. is an ISO-9001 certified software developer in the global information technology industry. With an international workforce of more than 400 employees, NetSol specializes in software development, proprietary and asset-based leasing and finance programs, IT consulting, and creation of eBusiness and Web-based solutions for a growing list of blue-chip customers worldwide. Clients include Daimler Chrysler Taiwan; Mercedes Benz Financing, Australia; Mercedes Benz Leasing, Thailand; Volvo Finance, Australia; CFS Groups U.K., St. George Bank, Australia; GMAC in Australia, and Debis Porfolio Systems, U.K. For more information about NetSol and its subsidiaries, visit the company's web site at www.netsol-intl.com.
Safe Harbor Statement
This release contains forward looking statements relating to the development of the Company's products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words ``believe,'' ``expect,'' ``anticipate,'' ``intend,'' variations of such words, and similar expressions identify forward looking statements, but their absence does not mean that the statement is not forward looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of products and services and the timing of the market acceptance of those products and services. A more detailed description of certain factors that could affect actual results include those factors discussed in the Company's filings with the United States Securities and Exchange Commission, including its annual report on Form 10-KSB and quarterly reports on Form 10-QSB. NetSol International Inc. undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrences of unanticipated events. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only as of the date of this release. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.
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Contact:
Cramer-Krasselt
Amy Dolnick, 312/616-3823
adolnick@c-k.com
Kr
Jens
