NetSol Technologies Issues Media Statement on China's $46 Billion Investment in Pakistan
April 21 2015 - 8:00AM
NetSol Technologies, Inc. (Nasdaq:NTWK), a global provider of IT
and enterprise software solutions, today issued the following
statement in connection with China's $46 billion investment aimed
at establishing a Pakistan-China Economic Corridor focused on
energy and infrastructure development:
"As the largest tech company with operations in Pakistan, we see
this as an important investment that enhances the country's
infrastructure, business environment, and overall economic
outlook," said Najeeb Ghauri, CEO of NetSol. "This is the type of
investment that demonstrates confidence in Pakistan, and its
improving business and security environment.
"In addition, we believe that the investment will lower energy
costs in the country, providing further benefits to business and
the general public."
About NetSol Technologies
NetSol Technologies, Inc. (Nasdaq:NTWK) is a worldwide provider
of IT and enterprise software solutions primarily serving the
global leasing and financing industry. The Company's suite of
applications are backed by 40 years of domain expertise and
supported by a committed team of more than 1,000 professionals
placed in eight strategically located support and delivery centers
throughout the world.
To learn more about NetSol, visit www.netsoltech.com or watch
the company's new corporate video at
https://www.youtube.com/user/netsolwebmaster.
Forward-Looking Statements
This press release may contain forward-looking statements
relating to Pakistan's economy and the affects of China's
investment in the country, 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 "expects," "anticipates," variations of such
words, and similar expressions, identify forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, 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. The subject Companies expressly disclaim any
obligation or undertaking to update or revise any forward-looking
statement contained herein to reflect any change in the company's
expectations with regard thereto or any change in events,
conditions or circumstances upon which any statement is based.
Investor Contacts: |
|
PondelWilkinson |
Roger Pondel | Matt Sheldon |
investors@netsoltech.com |
(310) 279-5980 |
|
Media Contacts: |
|
PondelWilkinson |
George Medici | gmedici@pondel.com |
(310) 279-5968 |
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