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Microcap & Penny Stocks : NTWK OTC BB Netsol International Inc (Formerly MGHI)
NTWK 4.230-3.6%Nov 3 9:30 AM EST

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To: T A P who wrote (22)8/11/1999 10:02:00 AM
From: T A P  Read Replies (1) of 181
 
NetSol International Retains Market Pathways Financial Relations

SANTA MONICA, Calif.--(BUSINESS WIRE)--Aug. 11, 1999--NetSol International, Inc. (OTC BB: NTWK) ("NetSol") Wednesday announced that it has retained Market Pathways Financial Relations Incorporated to assist in its investor relations efforts.

NetSol International is an Information Technology "IT" company with headquarters in Santa Monica and offices located in both the U.K. and Pakistan. NetSol's Pakistan facility is the first software company in Pakistan that is ISO 9001 certified. The company specializes in lease and finance software products, offshore solutions development, consulting, networking, engineering services and is now entering the e-commerce sector. It has many blue chip customers worldwide including Mercedes-Benz Finance, Tung Yang Leasing Company of Taiwan (a subsidiary of DEBIS Financial Service, Germany), ICI of the U.K., ICOM of France, Fuzzy! Informatique of Germany, as well as U.S.-based 1st Net Technologies, Inc. -0- *T

Recent announcements made by NetSol include:

-- 8/04/99 NetSol International, Inc. Signs "Letter of Intent" to

Acquire MindSources, Inc.

-- 7/29/99 NetSol International, Inc. Files for Nasdaq Small Cap

Listing

-- 7/23/99 NetSol USA, Inc. Signs Strategic Marketing Alliance With

1st Net Technologies, Inc.

-- 7/14/99 Network Solutions (Pvt.) Ltd., Signs Two New Contracts

with Mercedes Benz Leasing Companies

-- 7/8/99 Technology Merger Nears Completion as "Letter of Intent"

Signed *T

"NetSol will be a great addition to our family of client companies. We are looking forward to working with them to provide corporate information dissemination and highlight NetSol's advanced information technology products and services. We will assist Netsol in achieving their goal of enhancing communications to their growing base of shareholders and to the investment community in general," said Shannon Squyres, president of Market Pathways.

Safe Harbor Statement

Included in this material are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations reflected in such forward-looking statements would have proved to be correct.

Market Pathways Financial Relations Incorporated provides financial public relations services to a number of publicly traded companies in a variety of industries. The company's comprehensive range of services includes stockbroker relations, SEC compliance, institutional outreach and support, media relations, shareholder communication and investor lead generation.

--30--KM/np* JC/np

CONTACT:

NetSol International, Inc.

Aiesha Ghauri, Investor Relations

310/395-4073

or

Market Pathways

Shannon T. Squyres, President

949/955-1860

T A P has received 30K shares of NTWK (formerly MGHI) from Clearweather Investments Ltd. for services provided for a period of 6 months For a complete T A P profile and click Favorite Link.
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