updated 3/2/2011 8:16:30 AM ET 2011-03-02T13:16:30

ORLANDO, Fla., March 2, 2011 (GLOBE NEWSWIRE) -- RedChip Research™, a division of RedChip Companies, Inc., today announced it has issued a research update on NetSol Technologies, Inc. (Nasdaq:NTWK) (Nasdaq Dubai:NTWK), a developer and implementer of global business services and enterprise application solutions.

To receive a complimentary copy of the RedChip Research Report for NTWK, please visit: http://www.redchip.com/about/aboutmain.asp?rid=348

To learn more about NetSol Technologies, Inc. visit http://www.redchip.com/visibility/investor.asp?symbol=NTWK

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV™, Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp .

"Discovering Tomorrow's Blue Chips Today"™

The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761

Disclosure

None of the reports issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security nor do they constitute investment advice. RedChip certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analyst in the report. The analyst(s) contributing to this report do not hold any shares of the subject securities. This report is based on data obtained from sources we believe to be reliable but is not guaranteed as to accuracy and does not purport to be complete. Any opinions expressed herein are subject to change. NetSol Technologies Inc. ("NTWK") is a client of RedChip Companies, Inc. and of RedChip Visibility, a division of RedChip Companies. NetSol Technologies Inc. has agreed to pay RedChip Companies, Inc. $36,000 in cash for twelve (12) months of RedChip Visibility Program services, which includes the preparation of the equity research report(s). The equity research report(s) are prepared for informational purposes only and are paid for by the company portrayed in the report. The equity research report(s) are not a recommendation of a solicitation to purchase or sell any security, nor do they constitute investment advice. RedChip Companies, Inc., is currently engaged by this company to provide investor awareness services. Investor awareness services and programs are designed to help companies communicate their investment characteristics. These services may include investor conferences, digital and print distribution of NTWK investor-related materials or services, and radio programming. NTWK agreed to pay RedChip Companies, Inc. a monthly fee of $8,000 in cash and 100,000 shares of Rule 144 stock for twelve (12) months of these services. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein.

CONTACT: RedChip Companies Inc.
         1-800-REDCHIP (733-2447)
         research@redchip.com
         http://www.redchip.com

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