SOURCE: Worldwide Strategies

January 07, 2010 11:02 ET

Worldwide Strategies, Inc. Kicks Off 2010 at NewMarket Greenfield Summit in Dallas

DENVER, CO--(Marketwire - January 7, 2010) - Worldwide Strategies, Inc. (OTCBB: WWSG) today announced Chief Executive Officer James Samuels is in Dallas this week to participate in the NewMarket Technology, Inc. (PINKSHEETS: NWMT) Greenfield Partner Summit. In 2009, NewMarket and Worldwide entered into a letter of intent to combine NewMarket's operations headquartered in Brazil into Worldwide as a first step towards building a national exchange listed emerging market systems integrator. The comprehensive NewMarket and Worldwide 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 started the Greenfield Partnership program to accelerate the introduction of new technologies into emerging markets around the world where technology buying is on the rise, while improving return on investment (ROI) potential. Greenfield program participant companies have been chosen to participate in the partnership program based on their technology and service offerings in conjunction with the emerging geographic markets in which they operate.

Virtual Town Hall - January 22, 2010

Worldwide is scheduled to be featured in the upcoming NewMarket Virtual Town Hall scheduled for January 22, 2010. The Town Hall is scheduled to review 2009, discuss lessons learned and provide an overview of plans for 2010.

About Worldwide Strategies, Inc.

Worldwide Strategies, Inc. is a development tool stage business that has built a proprietary affinity marketing process and system to provide clients with outsourced services including multi-language capabilities. The affinity market business has signed several substantial contracts but has not established significant revenue.

"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 provisions 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 the Company'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


  • Contact:
    Worldwide Strategies, Inc.
    303-991-5887