NEWS--Mirage Holdings, Inc. to Change Its
Name to Netsol International, Inc.
Effective Immediately
SANTA MONICA, Calif., May 27 /PRNewswire/ -- Mirage Holdings,
Inc. (OTC Bulletin Board:
MGHI - news; ''Mirage'') today announced that it has amended its
articles of incorporation to
change its name to Netsol International, Inc. Accordingly, Mirage's
current symbol 'MGHI' has been
replaced with 'NTWK' effective immediately. Netsol International, Inc.
(''Netsol'') is incorporated in
Nevada. The reason for the name change is the Company's recent
acquisition of Network Solution
(Pvt.) Ltd. and Netsol UK, Ltd. Netsol will be the parent company of
Network Solutions (Pvt.)
Ltd., Netsol UK, Ltd. and Netsol USA, Inc.
The President of Netsol Mr. Najeeb Ghauri, commented on this
change, ''This is a milestone
development for Netsol as the name change directly relates to and
reflects the type of industry we
are in. The name change provides a worldwide recognition in the
'Information Technology industry.'''
He further added, ''This development also reinforces our commitment
and ability, to continue to
make changes in the business in a very strategic manner, that is
consistent with our plans to continue
to grow this company internationally.''
Mr. Salim Ghauri, President and CEO of Network Solutions (Pvt.) Ltd.
is now the Chief Executive
Officer of Netsol while Mr. Najeeb Ghauri is the President.
Included in this material are ''forward-looking statements'' within the
meaning of Section 27 A 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.
For further information. please visit our Investor Relations Web Site:
www.mghi.com or
www.netsolpk.com. These web sites are being reconstructed.
Or Contact: Netsol International, Inc., 310-395-3073, email:
najeeb@mghi.com
SOURCE: Mirage Holdings, Inc.
T A P has received 30K shares of MGHI from Clearweather
Investments Ltd. for services provided for a period of 6 months For a
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