Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Virtual Town Hall Planned for January 22, 2010
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 4, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
today announced the Company plans to release a 2009 Virtual Town Hall
January 22, 2010. Each year, NewMarket has hosted a Town Hall meeting to
review the previous year's results, to preview the Company's plans for the
year ahead and outline plans to evolve the Company's growth strategy while
adopting lessons learned. The Virtual Town Hall is scheduled to be made
available online to interested viewers on their own schedule and from their
own location.
NewMarket has reported $2.2 million in net income and $76 million in
revenue 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 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.
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register to receive these communications directly on the corporate website
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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.