-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DsRgWX62pAixO1RLfbSC2WWjdiwnz1KbYd3LjafucCOq/wufo/nEPw9l5c194PkX +f47gL/PRkLSdWudhld7gA== 0001144204-07-000245.txt : 20070103 0001144204-07-000245.hdr.sgml : 20070101 20070103163456 ACCESSION NUMBER: 0001144204-07-000245 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070101 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070103 DATE AS OF CHANGE: 20070103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NETSOL TECHNOLOGIES INC CENTRAL INDEX KEY: 0001039280 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 954627685 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22773 FILM NUMBER: 07505139 BUSINESS ADDRESS: STREET 1: 23901 CALABASAS ROAD STREET 2: SUITE 2072 CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 8182229195 MAIL ADDRESS: STREET 1: 23901 CALABASAS ROAD STREET 2: SUITE 2072 CITY: CALABASAS STATE: CA ZIP: 91302 FORMER COMPANY: FORMER CONFORMED NAME: NETSOL INTERNATIONAL INC DATE OF NAME CHANGE: 19990819 FORMER COMPANY: FORMER CONFORMED NAME: MIRAGE HOLDINGS INC DATE OF NAME CHANGE: 19970519 8-K 1 v061671_8k.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
______________________________________
 
Date of Report (Date of earliest event reported): January 2, 2007 (January 1, 2007)

Commission file number: 0-22773

NETSOL TECHNOLOGIES, INC.
(Exact name of small business issuer as specified in its charter)

 
 
NEVADA 
  
95-4627685
  
 
(State or other Jurisdiction of 
  
(I.R.S. Employer NO.)
  
 
Incorporation or Organization) 
      
      
23901 Calabasas Road, Suite 2072, Calabasas, CA 91302
(Address of principal executive offices) (Zip Code)

(818) 222-9195 / (818) 222-9197
(Issuer's telephone/facsimile numbers, including area code)
 
 
 
 

Item 5.02 Departure of Directors or Principal Officers

Effective January 1, 2007, Mr. Jim Moody resigned from the position of member of the Board of Directors of NetSol Technologies, Inc. (the “Company” or “NetSol”). Mr. Moody’s resignation was not the result of a disagreement with NetSol on any matter relating to NetSol’s operations, policies, or practices. Mr. Moody was a member of the Compensation, Nomination and Corporate Governance Committee and was Chairman of the Audit Committee. The Chairmanship of the Audit Committee has been assumed by Mr. Shahid Javed Burki. Mr. Moody has been provided with a copy of this disclosure and Mr. Moody has indicated no disagreement with its content.

Mr. Mark Caton has been elected by the board of directors to fill the vacancy left by Mr. Moody effective January 1, 2007. Mr. Caton has joined the Compensation, Nomination and Corporate Governance and Audit Committees as a member. There has been no transaction during the last two years, or proposed transactions, to which NetSol and Mr. Caton have been parties in which Mr. Caton has had a direct or indirect material interest. Mr. Caton is currently President of Centela Systems, Inc. a distributor of computer peripheral solutions in the multimedia and digital electronic market segment, a position he held since 2003. Prior to joining Centela, Mr. Caton was President of NetSol Technologies USA, responsible for US sales, from June 2002 to December 2003. Mr. Caton was employed by ePlus from 1997 to 2002 as Senor Account Representative. He is a member of the UCLA Alumni Association Board of Directors. Mr. Caton is an independent director.


SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
NETSOL TECHNOLOGIES, INC.    
   
 
 		  
 		  
 
Date: January 2, 2007   /s/ Najeeb Ghauri
 
NAJEEB GHAURI
  Chief Executive Officer

     
Date: January 2, 2007      /s/ Tina Gilger
 
TINA GILGER
  Chief Financial Officer, Secretary
 
 
 
 

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