SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

February 05, 2010 09:25 ET

NewMarket Technology, Inc. and Worldwide Strategies, Inc. Announce Sao Paulo Summit to Advance $1 Billion Emerging Market Systems Integration Operation Strategy

DALLAS, TX--(Marketwire - February 5, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) and Worldwide Strategies, Inc. (OTCBB: WWSG) today announced a CEO summit meeting in Sao Paulo, Brazil. Bruce Noller, the CEO of NewMarket, and Jim Samuels, the CEO of Worldwide, are scheduled to meet at the headquarters of NewMarket's operations in Brazil next week. The two CEOs will work with NewMarket's Brazilian management team to review five-year plans in conjunction with the NewMarket and Worldwide strategy to build a global $1 billion emerging market systems integration operation. NewMarket currently has approximately $100 million in annual revenue and has just announced a $150 million profitable revenue forecast for 2010. The two companies will conduct a Webcast next Friday, February 12, 2009 to present an overview and update on the NewMarket and Worldwide strategy following the CEO Sao Paulo Summit.

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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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