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JOHANNESBURG, SOUTH AFRICA -- (Marketwired) -- 02/21/14 -- Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (NASDAQ: UEPS) (JSE: NT1) announced today that Dhruv Chopra, Head of Investor Relations, will present at the Baird 2014 Business Solutions Conference in New York City on February 25, 2014. Net1 will provide a live webcast on the audio-only presentation beginning at 1:15pm Eastern Time and last approximately 30 minutes. The webcast and archived audio replay of the presentation will be available on the Investor Relations section of the Company's website at www.net1.com.

About Net1 (www.net1.com)

Net1 is a leading provider of alternative payment systems that leverage its 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. Net1's UEPS/EMV solution is also completely interoperable with global EMV standards that seamlessly permit access to all the UEPS functionality in a traditional EMV environment. In addition to payments, UEPS can be used for banking, healthcare management, payroll, remittances, voting and identification.

Net1 operates market-leading payment processors in South Africa, Republic of Korea, and Ghana. In addition, Net1's proprietary Mobile Virtual Card technology offers secure mobile payments and banking services in developed and emerging countries while its MediKredit and XeoHealth subsidiaries provide its proprietary 5010 and ICD-10 compliant real-time claims adjudication system.

Net1 has a primary listing on the Nasdaq and a secondary listing on the JSE Limited.