updated 6/14/2011 8:16:36 AM ET 2011-06-14T12:16:36

CALABASAS, Calif., June 14, 2011 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, today announced that it has engaged PondelWilkinson Inc. for investor relations services.

PondelWilkinson will serve as a liaison for NetSol to the investment community and financial media, as well as provide counsel on building its global brand. The firm represents a wide range of high growth, middle market publicly traded companies.

"NetSol is establishing a worldwide presence with a compelling suite of products, and we are delighted to join forces at this important stage in the company's evolution," said Roger Pondel, president and CEO of PondelWilkinson Inc.

"As NetSol enters a new phase, our engagement of PondelWilkinson represents an important step to strengthen communication with financial constituents, as well as enhance the company's reputation as a global provider of high-quality software solutions," said Najeeb Ghauri, chairman and CEO of NetSol.   

About NetSol Technologies

NetSol Technologies, Inc. ( www.netsoltechnologies.com ) is a worldwide provider of global IT and enterprise application solutions that include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets.  Headquartered in Calabasas, Calif., NetSol's product and services offerings have achieved ISO 9001, ISO 20000, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinctions shared by only 178 companies worldwide. The company's clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. NetSol has additional operations and offices in California, Adelaide, Bangkok, Beijing, Karachi, Lahore, London, and Riyadh.

The NetSol Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9832

About PondelWilkinson

PondelWilkinson Inc. (www.pondel.com), founded in 1968, provides investor relations, media relations and strategic public relations counsel to publicly traded, pre-public and privately owned companies, as well as marketing support for professional and financial services firms. View PondelWilkinson's blog at www.pwinsight.com.

CONTACT: PondelWilkinson Inc.
         Evan Pondel (310) 279-5973
         investors@netsoltech.com

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