| Tue 19 Oct 2010, 9:20 | | NT1 - Net1 - Net 1 UEPS Technologies Inc. to Host Conference Call to Review |
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NT1
NT1
NT1 - Net1 - Net 1 UEPS Technologies, Inc. to Host Conference Call to Review
First Quarter 2011 Results
Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
ISIN: US64107N2062
("Net1" or "the Company")
Net 1 UEPS Technologies, Inc. to Host Conference Call to Review First Quarter
2011 Results
Johannesburg, October 19, 2010 - Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS;
JSE: NT1) ("Net1") today announced it will release first quarter 2011 results
after the market close on November 9, 2010. Net1 management will host a
conference call to review these results on November 10, 2010 at 8:00 a.m.
Eastern Time.
To participate in the call, dial 1-800-860-2442 (U.S. only), 1-866-605-3852
(Canada only), 0-800-917-7042 (U.K. only) or 0-800-200-648 (South Africa only)
ten minutes prior to the start of the call. Callers should request "Net1 call"
upon dial-in. The call will also be webcast on the Net1 homepage, www.net1.com.
Please click on the webcast link at least ten minutes prior to the call. A
webcast of the call will be available for replay on the Net1 website through
December 1, 2010.
About Net1 (www.net1.com)
Net1 provides its universal electronic payment system, or UEPS, as an
alternative payment system for the unbanked and under-banked populations of
developing economies. Net1`s market-leading system enables the estimated four
billion people who generally have limited or no access to a bank account, to
enter affordably into electronic transactions with each other, government
agencies, employers, merchants and other financial service providers. Net1`s
universal electronic payment system, or UEPS, uses smart cards that operate in
real-time but offline, unlike traditional payment systems offered by major
banking institutions that require immediate access through a communications
network to a centralized computer. This offline capability means that users of
the Net1 system can enter into transactions at any time with other card holders
even in the most remote areas so long as a portable offline smart card reader is
available. In addition to payments and purchases, UEPS can be used for banking,
healthcare management, international money transfers, voting and identification.
Net1 also focuses on the development and provision of secure transaction
technology, solutions and services and offers transaction processing, financial
and clinical risk management solutions to both funders and providers of
healthcare. Its core competencies around secure online transaction processing,
cryptography and integrated circuit card (chip/smartcard) technologies are
principally applied to electronic commerce transactions in the
telecommunications, banking, retail, petroleum and utilities market sectors.
Net1 has a primary listing on the Nasdaq and a secondary listing on the JSE
Limited.
Investor Relations Contact:
Dhruv Chopra
Vice President of Investor Relations
Phone: +1-212-626-6675
Email: dchopra@net1.com
Johannesburg
19 October 2010
Sponsor to Net1
Deutsche Securities (SA) (Proprietary) Limited
Date: 19/10/2010 09:20:01 Produced by the JSE SENS Department.
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