Net 1 UEPS Technologies Inc. to Host Conference Call to Review Fourth Quarter and Full Year 2012 Results

JOHANNESBURG, SOUTH AFRICA--(Marketwire -07/09/12)- Net 1 UEPS Technologies Inc. (UEPS)(JSE:NT1) ("Net1") today announced it will release fourth quarter and full year 2012 results after the market close on August 23, 2012. Net1 management will host a conference call to review these results on August 24, 2012, at 8:00 a.m. Eastern Time.

To participate in the call, dial 1-800-860-2442 (U.S. only), 1-866-605-3852 (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.net1.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 14, 2012.

About Net1 (www.net1.com)

We are a leading provider of alternative payment systems that leverage our Universal Electronic Payment System, or UEPS, to facilitate biometrically secure real-time electronic transaction processing to unbanked and under-banked populations of developing economies around the world in an online or offline environment. In addition to payments, UEPS can be used for banking, healthcare management, payroll, remittances, voting and identification.

We operate market-leading payment processors in South Africa, Republic of Korea, Ghana and Iraq. In addition, our proprietary Mobile Virtual Card technology offers secure mobile payments and banking services in developed and emerging countries.

We have a primary listing on the Nasdaq and a secondary listing on the JSE Limited.