-- Lenovo - $3.35 billion out of a total of $ 8.35 in
sales coming from Greater China
-- That's 40% of sales from China
-- HP - $69.4 billion out of $104.28 billion in total sales
coming from overseas
-- That's 67% of its sales coming from outside of the U.S.
-- Sony - only 26.9% of sales are in U.S.
-- 22.9% come from regions outside of Europe, U.S. and Japan
-- IBM - 21% of sales come from Asia Pacific
-- Their stand alone China sales have grown over 10%.
-- Canon - Sales outside of the Americas, Japan and Europe outpaced
all other regions with 11.5% growth
-- Sales in Japan, Canon's home country only grew at 6.8%
-- Sales in the Americas grew only 3.1%
-- Sales in Europe grew only 5.3%
-- 32% of total sales coming from outside of Americas, Europe
and Japan
Recent CEO Letter to Shareholders
Yesterday, NewMarket China released a letter to shareholders from CEO John
T. Verges. The letter highlights the Company's rapid growth to $40 million
in 2007 revenue and financial performance over the past five quarters since
the Company's reorganization. Additionally, the letter goes on to discuss
how the current share price performance has not yet reflected the Company's
fundamental financial performance. The letter, which provides thoughtful
internal analysis on share price performance potential, is meant to provide
ongoing insight to shareholders and investors in regard to management's
ongoing commitment to the Company's vision while current market performance
is not necessarily conveying fundamental financial progress. The CEO's
intention is to open a dialogue with shareholders and investors on the
relationship between operational performance and share price performance.
To receive a copy of the letter in its entirety, contact the Company at
ir@newmarketchina.com or 214-722-3065.
Corporate Fact Sheet
If you would like to receive a corporate fact sheet highlighting the
Company's operations, business plan and technology partners, or to be added
to the corporate e-mail list for updates, please send and e-mail to
ir@newmarketchina.com.
About NewMarket China, Inc. (www.newmarketchina.com)
NewMarket China, Inc. is a technology leader in the rapidly developing
Chinese market specializing today in software engineering, high quality
software development and digital multimedia outsourcing services delivered
to customers globally. At the same time, the firm is a systems integrator
and value added reseller of major global hardware brands in the Chinese
domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, NewMarket
China bridges the gap between Western and Eastern business cultures to
assist western clients in realizing the advantages of the high quality, low
cost technology products and services available from China. NewMarket China
also assists Western clients in localizing products and services to realize
the tremendous growth potential available by expanding into the Chinese
Market.
"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.
Contact Information: Contact: NewMarket China, Inc. Investor Relations 214-722-3065 ir@newmarketchina.com http://www.newmarketchina.com