Rosen Law Firm Investigates Securities Claims Against Net 1 UEPS Technologies, Inc.

  Rosen Law Firm Investigates Securities Claims Against Net 1 UEPS
  Technologies, Inc.

Business Wire

NEW YORK -- December 06, 2012

The Rosen Law Firm, P.A. announces that it is investigating securities claims
against Net 1 UEPS Technologies. (Nasdaq: UEPS). The investigation focuses on
whether Net 1 issued materially false or misleading statements in connection
with a contract Net 1 obtained from the South African Social Security Agency
(“SASSA”).

On December 4, 2012, the Company announced that the U.S. Department of Justice
Criminal Division and the FBI were investigating whether Net 1 made improper
payments to secure the SASSA contract. Net 1 also disclosed that the SEC was
investigating whether Net 1 violated the federal securities laws in connection
with the Company’s public statements. This announcement caused Net 1 shares to
lose more than half their value.

The Rosen Law Firm is preparing a class action lawsuit to help Net 1
shareholders recover their losses. If you purchased Net 1 shares, you may
visit the website at http://www.rosenlegal.com to join the action. You may
also contact Phillip Kim, Esq. The Rosen Law Firm toll free at 866-767-3653 or
via e-mail at pkim@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 562-8616
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
jhorne@rosenlegal.com
www.rosenlegal.com

Contact:

The Rosen Law Firm
Phillip Kim, Esq.
866-767-3653
pkim@rosenlegal.com