Net 1 UEPS Technologies Inc. to Host Conference Call to Review Fourth Quarter and Annual Results
14 August 2009 - 6:37AM
Marketwired
Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) ("Net1" or
the "Company") today announced it will release fourth quarter and
full year 2009 results after the market close on August 27, 2009.
Net1 management will host a conference call to review these results
on August 28, 2009 at 8:00 a.m. Eastern Time.
To participate in the call, dial 1-800-860-2442 (U.S. only),
1-866-519-5086 (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.net1ueps.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 September 18, 2009.
About Net1 (www.net1ueps.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. The Company believes that it
is the first company worldwide to implement a system that can
enable 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 using UEPS. The
system 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 in even 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, health
care management, international money transfers, voting and
identification.
The Company also focuses on the development and provision of
secure transaction technology, solutions and services. The
Company's core competencies around secure online transaction
processing, cryptography and integrated circuit card (chip/smart
card) technologies are principally applied to electronic commerce
transactions in the telecommunications, banking, retail, petroleum
and utilities market sectors. Additionally, through BGS Smartcard
Systems AG, a majority-owned subsidiary based in Austria, the
Company develops, implements and integrates smart card-based
offline and online financial transaction systems in cooperation
with banks, enterprises and government authorities, primarily in
Russia and the Commonwealth of Independent States.
NET 1 UEPS TECHNOLOGIES INC.
4th Floor, North Wing,
President Place, Cnr. Jan Smuts Avenue and Bolton Road
Rosebank, Johannesburg, South Africa
Tel: 011-27-11-343-2000 Fax: 011-27-11-880-7080
Contacts: Net 1 UEPS Technologies Inc. Dhruv Chopra
Vice-President Investor Relations 1-212-626-6675
dchopra@net1ueps.co.za Net 1 UEPS Technologies Inc. William Espley
Investor Relations 1-604-484-8750 or Toll Free: 1-866-412-NET1
(6381) www.net1ueps.com
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