| Tue 14 Jun 2011, 16:15 | | NT1 - Net 1 UEPS Technologies Inc. - Net1: SASSA revises bid submission |
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NT1
NT1
NT1 - Net 1 UEPS Technologies, Inc. - Net1: SASSA revises bid submission
deadline to June 27, 2011
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")
Net1: SASSA Revises Bid Submission Deadline to June 27, 2011
JOHANNESBURG, SOUTH AFRICA - June 14, 2011 - Net 1 UEPS Technologies, Inc.
(NASDAQ: UEPS; JSE: NT1) ("Net1" or the "Company") today announced that the
South African Social Security Agency ("SASSA") has advised bidders that the bid
submission deadline for its Payments Services for Social Grants tender has been
revised to June 27th, 2011. Net1 will continue to abide by the bid submission
guidelines provided by SASSA, while concurrently continuing to provide SASSA
with its high quality service.
About Net1 (www.net1.com)
Net1 is a leading provider of alternative payment systems that leverage its
Universal Electronic Payment System, or UEPS, to facilitate biometrically secure
real-time electronic transaction processing to unbanked and under-banked
populations of developing economies around the world in an online or offline
environment. In addition to payments, UEPS can be used for banking, healthcare
management, payroll, remittances, voting and identification.
Net1 operates market-leading payment processors in South Africa, Republic of
Korea, Ghana and Iraq. In addition, Net1`s proprietary Mobile Virtual Card
technology offers secure mobile payments and banking services in developed and
emerging countries.
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
14 June 2011
Sponsor:
Deutsche Securities (SA) (Proprietary) Limited
Date: 14/06/2011 16:15:16 Produced by the JSE SENS Department.
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