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Market Wire - Computers and Software |
Tue, 26 Jul 2005 04:31:10 PDT |
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NetSol Technologies, Inc.: NetSol Technologies, Ltd. IPO 125 Percent Subscribed |
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CALABASAS, CA (MARKET WIRE) NetSol Technologies, Inc. (NASDAQ: NTWK), a developer of proprietary software applications and provider of information technology (IT) services, today announced that its subsidiary, NetSol Technologies, Ltd., has completed the most oversubscribed initial public offering (IPO) for 2005 on the Karachi Stock Exchange (KSE). The IPO brought in more than $6.0 million, which included a $1.6 million private placement finalized in March 2005. |
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