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  • Net1 Increases Footprint in Iraq

    - 2008-12-01

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) ("Net1" or the "Company") today announced that it has received an order for an additional 800,000 smart cards to be issued to war victim beneficiaries and pension payment recipients. This additional order follows the recent order of 200,000 smart cards received during...

  • Net1 Announces Share Repurchase Authorization

    - 2008-11-06

    JOHANNESBURG, South Africa, Nov. 6 /PRNewswire-FirstCall/ -- NET 1 UEPS Technologies Inc. (Nasdaq: UEPS; JSE Limited: NT1) ("Net1" or "the Company") announced today that its Board of Directors has authorized the repurchase of up to $50 million of the Company's common stock at any time and from time to...

  • Net 1 UEPS Technologies, Inc. Announces 2009 First Quarter Results

    - 2008-11-06

    JOHANNESBURG, South Africa, Nov. 6 /PRNewswire-FirstCall/ -- Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") today announced results for the three months ended September 30, 2008. Results Three months ended September 30, 2008 and 2007 ...

  • Net1 Receives Final Decision From SASSA

    - 2008-11-03

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) ("Net1" or the "Company") today announced that it has received the final decision in respect of the Payment Service Tender from the Chief Executive Officer ("CEO") of the South African Social Security Agency ("SASSA"). Bidders have been advised that the CEO has...

  • Net 1 UEPS Technologies Inc. to Host Conference Call to Review First Quarter Results

    - 2008-10-28

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) ("Net1" or the "Company") today announced it will host a conference call to review its first quarter results on November 7, 2008, at 8:00 a.m. Eastern Standard Time. The results will be released on November 6, 2008, after the market closes in...

  • Net1 Provides Additional Update on SASSA Process

    - 2008-10-10

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) ("Net1" or the "Company") today announced that it has received Bidders Notice number 11 from the South African Social Security Agency ("SASSA"), advising bidders that the Bid Adjudication Committee has submitted its report and recommendations in respect of the Payment Service Tender...

  • Net1 Requested by SASSA to Extend Validity of Bid Proposal to October 31, 2008

    - 2008-09-29

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) ("Net1" or the "Company") today announced that it has received Bidders' Notice number 10 from the South African Social Security Agency ("SASSA") advising bidders that the Bid Adjudication Committee is finalizing its report on recommendations in respect of the SASSA tender and will...

  • Net 1 UEPS Technologies Inc.: "Live" Rollout of UEPS Smart Cards to Government Grant Beneficiaries in Botswana

    - 2008-09-04

    Net 1 UEPS Technologies Inc. ("Net1" or the "Company") (NASDAQ: UEPS) today announced the successful implementation of UEPS software applications required for the distribution of electronic government grants by SmartSwitch Botswana Pty Ltd to beneficiaries previously receiving monthly food baskets in Botswana. The Ministry of Local Government: Department of Social...

  • Net 1 UEPS Technologies Inc. to Host Conference Call to Review Fourth Quarter and Annual Results

    - 2008-08-14

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) ("Net1" or the "Company") today announced it will host a conference call to review its fourth quarter and annual results on August 29, 2008, at 8:00 a.m. Eastern Daylight Time. The results will be released on August 28, 2008, after the market closes....

  • Net 1 Announces Official Launch of UEPS Technology in Iraq

    - 2008-08-04

    Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) ("Net1" or the "Company") is pleased to announce the successful implementation of Net1's Universal Electronic Payment System ("UEPS") in Iraq. The first UEPS transaction was performed on Sunday, August 3, 2008, in Baghdad, Iraq, during the official launch of the UEPS smart card...

  • Net1 Requested by SASSA to Extend Validity of Bid Proposal to End September 2008

    - 2008-06-30

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) ("Net1" or the "Company") today announced that it has received a Bidders Notice from the South African Social Security Agency ("SASSA") advising bidders that the process of evaluating bidders' proposals and finalizing the adjudication of the SASSA tender has not been completed. Bidders...

  • Net 1 UEPS Technologies Inc.: SASSA Provides Update on Social Grants Tender in South African Media

    - 2008-04-21

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) ("Net1" or the "Company") today announced that the Department of Social Development and the SA Social Security Agency SASSA provided an update on Social Grants Payment Tender. The following announcement was disseminated in the South African media: "Update on the Social Grants Payment...

  • Net1 Agrees to Extend Validity of Bid Proposal by Three Months.

    - 2008-04-01

    JOHANNESBURG, SOUTH AFRICA, Apr 1, 2008 Marketwire via COMTEX -- Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) ("Net1" or the "Company") today announced that it has received a Bidders Notice from the South African Social Security Agency ("SASSA") advising bidders that, due to unforeseen circumstances, the process...

  • Net1 Agrees to Extend Validity of Bid Proposal by Three Months

    - 2008-04-01

    Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) ("Net1" or the "Company") today announced that it has received a Bidders Notice from the South African Social Security Agency ("SASSA") advising bidders that, due to unforeseen circumstances, the process of evaluating bidders' proposals and finalizing the adjudication of the SASSA tender has...

  • Net1 Announces 12 Month Contract Extensions.

    - 2008-03-10

    JOHANNESBURG, SOUTH AFRICA, Mar 10, 2008 Marketwire via COMTEX -- Net 1 UEPS Technologies Inc. (NASDAQ:UEPS) ("Net1" or the "Company") today announced that it has received notices of extension from the South African Social Security Agency ("SASSA") for all five provinces where it currently provides a...

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  • Revenue (Fiscal Year) $254.0M
  • Profit (Fiscal Year) $86.6M
  • Market Cap $840.9M
  • Incorporated: 1997
  • CEO: Dr. Serge C.P. Belamant

Net 1 UEPS Technologies provides universal electronic payment system (UEPS) as an alternative payment system for the unbanked and under-banked populations of developing economies. The UEPS system uses secure smart cards that operate in real-time but offline, unlike traditional payment systems offered by banking institutions that require immediate access through a communications network to a centralized computer. Co.'s system can be used for payments and purchases, banking, health care management, international money transfers, voting and identification. Co. markets its products and services primarily through its sales and service organization into the international market, mainly to Africa.

Stock Quote

Board of Directors

Dr. Serge C.P. Belamant Chairman

Mr. Herman Gideon Kotze

Mr. Christopher Stefan Seabrooke

Mr. Antony Charles Ball

Mr. Alasdair J.K. Pein

Mr. Paul Edwards

Mr. Tom C. Tinsley

Contact Information

President Place

4th Floor

Cnr. Jan Smuts Avenue and Bolton Road

Rosebank

Johannesburg,

http://www.net1ueps.co...

NAICS Code

Computer and Computer Peripheral Equipment and Software Merchant Wholesalers: 423430

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