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Technology Stocks : Get Smart, Net 1 UEPS Technologies (NUEP) -- Ignore unavailable to you. Want to Upgrade?

To: chaddo1 who wrote (78)	7/14/1998 6:51:00 PM
From: Gator	Read Replies (1) \| Respond to of 183

Chaddol, Today's News release just a Minor indication of the potential for NUEP: Tuesday July 14, 8:36 am Eastern Time Company Press Release Net 1 U.E.P.S. Technologies: Universal Electronic Payment System Tendered in Mexico BELLEVUE, WASHINGTON--(BUSINESS WIRE)--July 14, 1998--Net 1 U.E.P.S.(NASDAQ:NUEP - news) Net 1 U.E.P.S. Technologies, Inc., trading on the Electronic Bulletin Board as NUEP, commenced a tender proposal to government officials of Mexico City today encompassing a contact-less smart card solution for the Mexico City transportation system. The tender follows on from meetings held in Mexico City on June 22 and June 23, 1998 involving NUEP President, Jim Rodgers and Mexican officials. ''We have been asked to quote on a Metro(subway) system which handles five million riders each day along with feeder light rail and bus systems,'' Rodgers said. If secured, this potential contract could result in large transaction fees accruing to the shareholders of NUEP, Rodgers continued. Net 1 U.E.P.S. Technologies, Inc. is on the forefront of the smart card technology business and is commercializing the smart card based Universal Electronic Payment System through the development of strategic alliances with national and international systems integrators and card service organizations. NET 1 UEPS TECHNOLOGIES, INC. James N. Rodgers, President Contact: Net 1 U.E.P.S. Technologies, Inc. James N. Rodgers, 888/796-2233 >> Later...Gator BTW, Where will this stock be if this deal goes through!!! :> Even if it doesn't...Wow, was too busy thinking about VISA to see the other potential areas for their card technology :>