NetSol International Inc. (NTWK)

[Tingleff]

Wasn't allowed in Yahoo.Finance messageboard:

Was looking at the leasesoft web-site...
The address of the UK office is there.
http://www.leasesoft.biz/ "Locations"

The zip code is EC4N 5BN - In London anything within the first part (2 characters) is in walking distance within few minutes.
EC EAST CENTRAL - includes City of London, Clerkenwell, Blackfriars, Temple.

111 Links including the word Bank on the web within the full zip code (just a part of Cannon Street):
http://www.google.com/search?hl=en&lr=&ie=ISO-8859-1&q=EC4N+5BN+bank

You will understand that it is the finance center based on this one: http://www.investukjapan.org/reasons/banks.htm

There are around 480 FOREIGN banks in London - That's more than any other city in the world. The majority of them all are concentrated in the area EC. That was Banks alone - Then there's all other kind of finance.

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The recent news Habib - Found them to be in Cannon Street as well: (The trademark/patent registry:) http://www.patent.gov.uk/tm/tmj/journals/6479/domestic/2322797.html

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So, it isn't all Pakistan development, as one here said - Quite contrary it seems that they are very well situated in London to get in contact with a lot of international banks of all sizes.
Apart from the leasing software, I'm sure that what they are developing in PK to Banks there (mentioned on their normal web-site)is also being developed in ways that makes it standard that can work across borders and languages.
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I'd also like to point out that the many many millions in funding currently going from US to PK due to PK's cooperation in the war against terrorism very well may make software developments within PK very profitable plus in sizes far beyond what was possible earlier.
Almost needless to say that Netsol may be first in line to be a part of it.

Of course it is not very likely that any single project overnight would make Netsol profitable, but in the light of what I see here, the direction is clear.

JMO
Kr
Jens