Net 1 UEPS Technologies Inc. to Host Conference Call to Review Third Quarter 2010 Results
22 April 2010 - 10:15PM
Marketwired
Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) ("Net1" or
the "Company") today announced it will release its third quarter
2010 results after the market closes in the United States on May 6,
2010. Net1 management will host a conference call to review these
results on May 7, 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 May 30, 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.
Contacts: Net 1 UEPS Technologies Inc. - Investor Relations
Contact Dhruv Chopra Vice President of Investor Relations
+1-212-626-6675 dchopra@net1.com www.net1.com
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