InvestorsHub Logo
Followers 2094
Posts 90140
Boards Moderated 0
Alias Born 12/17/2011

Re: None

Thursday, 01/19/2012 10:56:22 AM

Thursday, January 19, 2012 10:56:22 AM

Post# of 380500
NTWK... 0.51...News...Chart....56 million outstanding....




NetSol Names U.S.-Based Chief Financial Officer


NetSol Technologies, Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, today named Kevin F. Pickard as the company's U.S.-based chief financial officer. Pickard, 48, will report directly to Najeeb Ghauri, chairman and CEO of NetSol, as well as work with Boo-Ali Siddiqui, who will continue to serve as chief financial officer of NetSol Technologies Pakistan Ltd.

Pickard has extensive accounting experience in the securities industry that includes serving as CFO and providing advisory services for publicly held companies in technology and software sectors. Additionally, Pickard has expertise advising on acquisitions and financial reporting for growth-stage companies.

"Kevin Pickard brings a deep breadth of accounting and finance experience to NetSol, which is integral to our growth strategy and success," Ghauri said. "His understanding of capital markets and reporting expertise are important characteristics as we continue to expand our business domestically and abroad."

Pickard, a certified public accountant, earned Bachelor of Science in accounting and Master of Accountancy degrees from Brigham Young University.

About NetSol Technologies

NetSol Technologies, Inc. (www.netsoltech.com) is a worldwide provider of global IT and enterprise application solutions that include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets. Headquartered in Calabasas, Calif., NetSol's product and services offerings have achieved ISO 9001, ISO 20000, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by only 178 companies worldwide. The company's clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. NetSol has delivery and support locations in San Francisco, London, Beijing, Bangkok, Lahore, Adelaide and Riyadh.

Investors can receive news releases and invitations to special events by accessing our online signup form at http://bit.ly/NetSol_Investor_Signup_Form.

The NetSol Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9832

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: NetSol Technologies Inc.
Contacts: PondelWilkinson Inc.
Evan Pondel (310) 279-5973
investors@netsoltech.com

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.