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NetSol wins two IT Excellence awards
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Mr. Sajjad Kirmani, EVP IT / Operations NetSol
Technologies Ltd. with
Mr. Salim Ghauri, President NetSol Technologies Inc.
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December 4th, 2010: The year 2010 has proved to be one
of the best years in NetSol's history. In addition to the return
to profitability, stock price bouncing back and winning new
sales, NetSol has put icing on the cake by winning two new
awards. These awards were provided by Teradata a
subsidiary of NCR and were monitored by the auditing firm
of Ernst & Young Ford Rhodes Sidat Hyder & Co. The
Teradata Awards are widely considered as the ultimate
recognition for IT industry in Pakistan.
NetSol contributed US$20.4 million in export revenues
during fiscal year 2010 and US$11.8 million during fiscal
year 2009. The criteria considered in scoring the nominees
in this category were the uniqueness of the software and its
applications, uniqueness of the territory it was exported to,
and financial impact of the software for the country.
Mr. Sajjad Kirmani, Executive Vice President and Director
of NetSol Technologies, Limited, was awarded the "CIO of
the Year" award for his exceptional contributions to
NetSol's growth. Mr. Kirmani has been associated with
NetSol since May 1998, and as EVP of IT & Operations, he
manages the operations of the company across its broad IT
products and services portfolio, as well as the supporting
functions of human resource management, network
operations, and quality engineering.
"These two awards symbolize the tremendous effort,
planning, and strategy execution that our entire team has
committed to NetSol over the past two years," commented
Najeeb Ghauri, NetSol's Chairman and CEO. "2010 has
proved to be one of the best years in NetSol's history. In
addition to the return to profitability, our stock price
bouncing back, and the new sales we have won, NetSol
has demonstrated its industry leadership by winning two of
the eleven Teradata awards this year. We are very proud of
our recent accomplishments and look forward to another
year of great success in 2011."
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NetSol Technologies, Inc. (NasdaqCM:
NTWK) (Nasdaq Dubai: NTWK) is a
worldwide provider of global business
services and enterprise application solutions
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