SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

January 03, 2011 14:13 ET

NewMarket Greenfield Partners (CCTR) China Crescent and (NVAE) Savanna East Africa Experience Notable PPS Highs on Increased Trading Volume

DALLAS, TX--(Marketwire - January 3, 2011) - NewMarket Technology, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD) today announced Greenfield partners China Crescent Enterprises, Inc. (OTCBB: CCTR) and Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) are experiencing price per share (PPS) highs, as compared to recent trading, on increased trading volume. NewMarket Greenfield Partnership Program Director Philip Verges suggests that the PPS performance of China Crescent and Savanna East Africa is demonstrating aspects of the 'Milestone Optimism Performance' parameters described in his recent 'OTC (BB) Factor' Webcast.

China Crescent has reached a PPS high of $0.0022 today, representing more than a 20% increase above the last trading day's closing price. The trading volume for the day has already reached over 130 million shares.

Savanna East Arica has reached a PPS high of $0.04 today, representing a more than 400% increase above the opening price. The trading volume for the day has already reached over 1.4 million shares, which is a record high over the past twelve months.

OTC (BB) Factor Webcast

NewMarket recently released a Greenfield Partnership Program Webcast titled 'The OTC (BB) Factor -- A Different Perspective On Achieving An ROI' discussing specific investment parameters to take under consideration when investing in the over-the-counter market. The presentation features the PPS performance potential of Greenfield partner companies and delineates different 'types' of companies quoted on the over-the-counter market while suggesting different investment expectations associated with each 'type' and suggesting specific strategies to achieve investment expectations. A link to the Webcast is posted on the NewMarket Technology website www.newmarkettechnology.com on the Investor Relations page (direct link: http://tinyurl.com/GFWebcast1221).

Year Review and 2011 Outlook Videocast

NewMarket plans to release a video Webcast January 14th reviewing 2011 plans for both NewMarket and its Greenfield Partnership Program. The upcoming video Webcast will be posted to the Company's corporate website, www.newmarkettechnology.com, upon release.

Sign Up to Receive Regular NewMarket Updates
NewMarket sends regular Company updates to its opt-in, permission-based email database. Interested investors can easily, safely and quickly register to receive these communications directly on the corporate website homepage at www.newmarkettechnology.com. Recipients can manage their own email contact profile and safely unsubscribe at any time.

About NewMarket Greenfield Partnership Program
NewMarket launched the Greenfield Program last year to facilitate the start-up and early stage development of high-growth potential businesses. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket Technology is a global small business incubator. NewMarket's current portfolio of operations provides systems integration, technology infrastructure services and emerging technology. NewMarket's operations strategically focus on providing technology and support services in emerging and developing economies with high growth rate potential 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, Africa, Brazil and Northern Latin America. Overall, NewMarket reported over $95 million in revenue for 2008 and reported over $98 million in profitable revenue for 2009.

NewMarket's operations provide services and support for both brand-name technologies, such as Microsoft, as well as emerging technologies ranging from mobile computing to various security and wireless broadband technologies. NewMarket's rapid growth since 2002 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.

Contact Information

  • Contact:
    NewMarket Technology, Inc.
    Investor Relations
    Email Contact
    214-722-3065