NetSol International Inc. (NTWK)

[geopic]

Up a little today, on the following news:
"2012-04-10 08:00 ET - News Release


CALABASAS, Calif., April 10, 2012 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, today announced that it has signed an agreement valued at approximately $4 million to implement its entire NetSol Financial Suite (NFS)™ solution, including its Wholesale and Retail platforms, with the captive finance arm of a major Japanese auto manufacturer in the Asia Pacific Region. The name of the company is not being disclosed for competitive reasons.

"This is a brand new global client for NetSol and represents a major breakthrough for our company in the international auto captive finance market," said Naeem Ghauri, president and head of global sales at NetSol.

"The new contract improves our financial visibility for the fourth quarter of fiscal 2012, adds to our strong and growing sales backlog for the rest of the next fiscal year, and continues our streak of new clients in the Asia Pacific region," added Najeeb Ghauri, chairman and CEO of NetSol..."

You recall the drop, just over a month ago, following the closing of the Public Offering... It looks like this news will give back a few pennies on the dimes lost then...

Holding,
g.p.