SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

November 23, 2009 19:40 ET

NewMarket Technology, Inc. CFO Reviews $2.2 Million in Net Income on $76 Million in Revenue for the Nine Months Ending September 30, 2009

DALLAS, TX--(Marketwire - November 23, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) today released a Webcast to review the Company's third quarter 2009 financial results filed today on SEC Form 10-Q. The review has been conducted by the Company CFO, Mr. Philip Rauch. In the Webcast, Mr. Rauch reviews both the Company's third quarter financial results as well as year-to-date progress.

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. The Company reported $95 million in global revenue in 2008 and has forecasted profitable revenue growth in 2009 compared to 2008.

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.

A link to the Webcast is now available on the corporate website homepage and investor relations page at titled 'NewMarket Technology 3rd Quarter Review Webcast.'

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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.

Contact Information

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    NewMarket Technology, Inc.
    Investor Relations