SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

December 11, 2009 09:00 ET

NewMarket Technology, Inc. to Review Milestone Acquisition Anticipated to Contribute $20 Million in Annual Revenue to Chinese Subsidiary in Webcast Tuesday

DALLAS, TX--(Marketwire - December 11, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) today announced it will review its Chinese subsidiary's recent milestone acquisition anticipated to contribute $20 million in annual revenue to its Chinese subsidiary in a Webcast scheduled for next Tuesday, December 15, 2009. The potential $20 million in revenue that the acquisition could produce in 2010 could provide a significant boost to NewMarket's Chinese subsidiary's annual revenue, and subsequently could boost NewMarket's annual revenue in 2010.

NewMarket's subsidiary operation in China is a systems integration service provider that markets technology outsourcing services that include the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. The operation in China reported over $40 million in annual revenue in both 2007 and 2008, and recently reported $30 million in revenue through the first nine months of the year ending September 30, 2009, with record net income of $1.8 million.

In 2008, NewMarket reported $95 million in global revenue and has forecasted profitable revenue growth in 2009. For the first three quarters of 2009 ending September 30, NewMarket reported $76 million in revenue with $2.2 million in net income.

The Webcast, slated to be posted to the corporate website on Tuesday December 15th, is also scheduled to present how the recent acquisition potentially complements both the Company's short-term and long-term return on investment strategy.

$1 Billion Emerging Markets Systems Integrator Strategic Plan

NewMarket recently announced a unique plan to gain a competitive edge in the rapidly changing technology sector as recently demonstrated by the flurry of acquisitions of major systems integration outfits by hardware manufacturers. HP has recently acquired EDS, Dell has recently acquired Perot Systems and Xerox has recently acquired ACS. The plan focuses on expanding a current niche systems integration operation into a market recognized $1 billion in annual revenue company concentrated on servicing customers in high-growth emerging markets around the globe.

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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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