Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology Inc. Announces 1 Year Software Security Solution Contract
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 2, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
today announced that its wholly-owned subsidiary, RKM IT Solutions, in
Latin America has been selected to implement a software security solution
for 1200 workstations and provide on-going support for a period of one
year. NewMarket provides systems integration services, to include
technology reseller, customization, integration, and support services, in
China, Southeast Asia, Latin 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 and is
focused on turning short-term, project-based contracts into long-term
managed services contracts to support their recurring revenue business. In
the different regions of the globe it operates, NewMarket sells, installs
and supports technologies from leading technology providers such as Oracle,
IBM and HP as well as some lesser known, but leading-edge emerging
technology. NewMarket has grown from less than $1 million in revenue in
2002 to over $95 million in revenue in 2008. Recently, the Company reported
$2.2 million in net income and $76 million in revenue through the first
nine months of the year ending September 30, 2009.
Corporate Information and E-mail Updates
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About NewMarket Technology, Inc. (www.newmarkettechnology.com)
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.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
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.