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  • twittyforever twittyforever Feb 6, 2012 1:10 AM Flag


    2/2/2112 2Q 2012 Results:

    38% sequential revenue increase and a 1c/share net income. Beat 15 – 20% revenue increase guidance and a certain loss

    Guidance: Stronger second half and profitable for the year. Returning to double digit growth in 2013 and beyond


    • VERY BULLISH about new cloud computing products and smart OCI in particular. Regarding smartOCI – the SAP-certified procurement catalog search engine and catalog management system.
    1. NTWK recently announced a multi-million dollar smartOCI contract with US-based LTC Supply Source. This is the largest smartOCI contract to date.
    2. Have signed several implementation agreements with Fortune 500 companies and expect revenues to start pouring in
    3. smartOCI is attracting top industry talent. Recently hired a well-known Silicon Valley entrepreneur as VP of Technology. They also hired 9 new programmers to keep up with demand
    4. smartOCI seamlessly integrates with SAP’s e-procurement networks that cover thousands of customers worldwide
    5. SAP and smartOCI are a win-win combination because it improves SAP’s customer satisfaction and loyalty
    6. So far, SAP’s e-procurement managers have been providing many leads to NTWK and NTWK has not even start it’s full-fledge marketing program to launch smartOCI yet! Imagine what will happen then..:)
    7. 25 active smartOCI leads in the US and Europe
    8. smartOCI potential market is over 25,000 SAP B2B customers worldwide

    • Also VERY BULLISH on new cloud products LeasePak SaaS and NFS Nextgen with a growing pipeline for those products. Already announced LeasePak contracts and more to come. Same thing with NFS Nextgen (go back to recent announcements for details)

    • Big-License legacy NFS is staging a comeback as the pipeline grown and recent announcements show (Malaysia contract with Mercedes Benz, one of over a dozen per their global alliance. Others include China, India, etc)

    • Established delivery centers in Bangkok and Beijing to ease customers concerns with Pakistan’s geopolitical issues. Bangkok implemented NFS in India for Mercedes and is also doing the Malaysia project


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