SOURCE: NewMarket Technology, Inc.

December 03, 2007 09:50 ET

Micros Report Initiates Research Coverage on NewMarket Technology, Inc. With Fair Value Target Price of $0.70 vs. Recent Close of $0.205

DALLAS, TX--(Marketwire - December 3, 2007) - Micros Report is pleased to announce the release of its research coverage of NewMarket Technology, Inc. (OTCBB: NMKT). NewMarket Technology is a ten-year-old, multinational technology firm approaching $100 million in revenue, with the majority of its growth in the world's fastest growing regions, specifically Asia and Latin America.

Michael Willingham, Micros Report Director of Research, authored the report which includes a Fair Value Target price for NMKT of $0.70 vs. NMKT's recent close of $0.205. The report stated the following in determining this target:

-- "Whether you prefer to consider appropriate values for share prices using P/E, P/S, P/B, or even DCF, each of these methods shows NMKT to be trading well below fair value."

-- "This $0.70 fair value estimate is assigned based upon what NMKT has already achieved as a company in regards to their historical profitability, historical revenue, and current book value. This estimate does not consider the future growth of the company."

The report is available at Interested parties may also access the report by going to the homepage.

Please see important disclosures at the end of the report.

About NewMarket Technology, Inc. (

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Oracle, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. Some emerging technology solutions NewMarket provides include VoIP, Broadband Wireless and Security.

NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.

NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.

About Micros Report

Micros Report is a web-based investment research company providing qualitative and quantitative analysis of the small cap investment universe. Director of Research Michael Willingham provides the necessary information to trade intelligently in the small cap market. Mike has a background in professional money management and has passed the required tests to be recognized by the NASD as a Supervisory Research Analyst. He brings this investment know-how to his audience every trading day.

At, investors and traders sign-up to receive the exclusive newsletter, view research reports and associated videos, Daily Update video-on-demand clips, along with Market 101 videos educating the investing public. Interested parties can also chat live with Michael Willingham and the interactive trading community every day at the Micros Report homepage.

Contact Information