SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

December 07, 2009 09:25 ET

NewMarket Technology, Inc. Introduces Strategy to Build $1 Billion Emerging Market Systems Integration Firm in Partnership With Worldwide Strategies, Inc.

NewMarket and Worldwide to Present Emerging Market Systems Integration Plan in On-Demand Webcast Tomorrow

DALLAS, TX--(Marketwire - December 7, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) is scheduled to present its strategy to build an emerging market systems integration firm in partnership with Worldwide Strategies, Inc. (OTCBB: WWSG) in an on-demand Webcast to be released tomorrow, December 8th. The comprehensive strategy is focused on directing combined resources on building toward a $1 Billion global revenue target. NewMarket has reported $76 million in revenue with $2.2 million in net income through the first nine months of this year, ending September 30. In 2008, NewMarket reported $95 million in global revenue and has forecasted profitable revenue growth in 2009 compared to 2008. NewMarket and Worldwide have entered into a letter of intent as a first step toward building an emerging market systems integrator by coupling NewMarket's operations headquartered in Brazil with Worldwide. NewMarket and Worldwide anticipate closing the Brazil transaction in the month of December and the Webcast is slated to include an update on the anticipated closing. A link to the Webcast will be available at upon release.

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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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