LAHORE, Pakistan, September 15th, 2006. FiveRivers Technologies (Pvt.) Limited announced a new development agreement with OnNetworks, a US based provider of on-demand solutions. OnNetworks is creating pioneering technology leveraging the strengths of the Web 2.0 model.

Mr. Hasan A. Rizvi, CEO of FiveRivers said, “We are extremely proud to be affiliated with the outstanding team at OnNetworks. They have proven their A+ credentials by achieving serial successes in the IT industry. We will work with OnNetworks to ensure that their vision comes to fruition and their customers are provided with highly innovative products”.

Both companies withheld financial details of the agreement.