NETSOL TECHNOLOGIES ANNOUNCES THIRD QUARTER FINANCIAL RESULTS CONFERENCE CALL

Calabasas, CA – April 25, 2005 – NetSol Technologies, Inc. (NASDAQ:NTWK) a developer of proprietary software applications and provider of information technology (IT) services, today announced it will hold a quarterly conference call to discuss third quarter financial results for fiscal 2005 on Friday, May 6, at 11:00 a.m. Eastern. Shareholders and members of the investment community are invited to participate in the call.

The conference call dial-in number for U.S. callers is 888.243.3996. The conference call dial-in number for international callers is 973.935.2406. Please RSVP your participation by calling Suzanne Schnitzer at McCloud Communications, 949.553.9748. A replay of the conference call will be available from May 6 through May 13, 2005. To access the replay, U.S. callers can dial 877.519.4471 and international callers can dial 973.341.3080. The pin code is 5998820.

Additionally, this call is being webcast by ViaVid Communications and can be accessed at NetSol’s web site, www.netsoltek.com or through www.viavid.net/detailpage.aspx?sid=000024F1.


About NetSol Technologies, Inc.

NetSol Technologies is a leading end-to-end solution provider for the lease and finance industry. Headquartered in Calabasas, CA, NetSol Technologies, Inc. operates on a global basis with locations in the U.S., Europe, East Asia and Asia Pacific. NetSol helps its clients identify, evaluate and implement technology solutions to meet their most critical business challenges and maximize their bottom line. By utilizing its worldwide resources, NetSol delivers high-quality, cost-effective IT services ranging from consulting and application development to systems integration and outsourcing. NetSol's commitment to quality is demonstrated by its achievement of both ISO 9001 and SEI (Software Engineering Institute) CMM (Capability Maturity Model) Level 4 assessment. For more information, visit NetSol Technologies' web site at www.netsoltek.com.


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