Contact Information: Contact: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Announces Africa Trade Mission to Kenya October 26th Hosted by Former Dallas Federal Reserve Chairman Hugh G. Robinson
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - October 20, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
today announced that the Company's board member, former Chairman of the
Dallas Federal Reserve and a retired Major General Hugh G. Robinson, will
be hosting the upcoming Trade Mission to Kenya beginning October 26th.
NewMarket is a global systems integrator and emerging technology provider.
The twelve-year-old Company has grown to nearly $100 million in technology
and service sales across North America, China, Southeast Asia and Latin
America, with a focus on some of the leading emerging economies in those
regions that have a large demand for technology hardware, software and
services. In the different regions of the globe it operates, NewMarket
sells, installs and supports technologies from leading technology providers
such as Microsoft, Oracle, and HP as well as some lesser known, but leading
edge emerging technology.
NewMarket is now focused on the emerging economies of East Africa, starting
with Kenya. Kenya already has a fiber-optic cable infrastructure in place
throughout the country, and three submarine cables under construction or
currently coming on line. Earlier this year, NewMarket participated at the
African Advanced Level Telecommunications Institute (AFRALTI) WiMax
Conference in Nairobi. NewMarket Technology was invited to present based on
the Company's experience in emerging economies. The Company had previously
participated in the "Connecting Rural Communities Africa Forum 2007," also
in Nairobi. As the region's technology and communication infrastructure
grows, NewMarket plans to position itself to provide the high-quality,
affordable technology products and services needed. To do so, the Company
has announced plans to expand its operations in China into the East Africa
region. Last year, the Company reported over $40 million in annual sales in
China.
NewMarket has provided an on-demand Webcast discussing in more detail the
opportunities the Company sees in the region and the previously announced
Trade Mission to Kenya. A link to the Webcast titled 'NewMarket East Africa
Trade Mission Webcast' is available on the NewMarket website under Investor
Relations at www.newmarkettechnology.com.
Board Member Retired Major General Hugh G. Robinson
Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a
retired Major General with a distinguished career serving in the United
States Army. Among other prestigious posts, Mr. Robinson served as
President Lyndon Johnson's military aide de camp. In addition to his public
service experience, Mr. Robinson's career has included extensive executive
management experience with senior positions at Southland Corporation and
City Place Development Corporation. He is a graduate of the United States
Military Academy at West Point and earned a Masters Degree in Civil
Engineering from the Massachusetts Institute of Technology (MIT). In
addition to his role at NewMarket Technology, Mr. Robinson currently serves
on the board of Carmax, Inc., the LBJ Foundation and the Better Business
Bureau.
Corporate Information and E-mail Updates
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Company, please visit www.newmarkettechnology.com.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
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.
"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.