SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

January 15, 2010 09:50 ET

NewMarket Technology, Inc. 2010 Revenue Growth Outlook Is Optimistic With Percentage of Revenue From Recurring Contracts Increasing and Bottom Line Potential Improving

Company Webcast Hosted by President of Managed Services Bruce Noller Presents Contribution of New Outsourcing Services to Sustainability, Growth and Profit

DALLAS, TX--(Marketwire - January 15, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) today released an on-demand Webcast focused on the Company's Outsourcing Services objectives for 2010. Additionally, the Webcast addresses the Company's Outsourcing Services success in 2009, past performance, milestone investment strategy and upcoming Virtual Town Hall.

NewMarket currently has approximately $100 million in annual revenue coming primarily from its operations in emerging markets around the world. NewMarket recently announced its Chinese operating subsidiary signing a three-year, $36 million contract. The contract is the second major outsourcing agreement in the Asia region. NewMarket also signed an agreement last year in South America worth $33 million over the three-year term.

NewMarket provides systems integration services, to include technology reseller, customization, integration, and support services, in China, Southeast Asia, South America and North America and is actively expanding its business services into the growing markets of East Africa. NewMarket focuses on the rapid growth industries in emerging markets that require technology products and services to support their growth.

A link to the Webcast titled 'NewMarket Outsourcing Services 2010 Webcast' is available on the homepage and investor relations page of the NewMarket website at

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About NewMarket Technology, Inc. (

NewMarket is a reporting company with audited financial reports filed with the SEC. NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.

Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies. NewMarket's rapid growth since 2002 has placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.


This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

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