Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Announces Greenfield Partner Program Rollout in Africa and Updates in China, Singapore, and Latin America
Greenfield Partner Program Webcast With NuMobile, Alternet and Worldwide Scheduled for Tuesday, January 12th
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - January 8, 2010) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
today announced a Greenfield Partner program on-demand Webcast scheduled
for Tuesday, January 12, 2010. The Chief Executive Officers of Greenfield
Program participant companies NuMobile, Inc. (OTCBB : NUBL ) and Alternet
Systems, Inc. (OTCBB : ALYI ) were in Dallas this week for a Greenfield
Partner summit to review 2009 progress and discuss plans for 2010.
Additionally, James Samuels, Chief Executive Officer of Worldwide
Strategies, Inc. (OTCBB : WWSG ) participated in the 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. The Greenfield program has
initiatives underway in China and Southeast Asia in addition to South
America and Africa.
A link to the Webcast is scheduled to be published on the NewMarket
corporate website upon release next Tuesday.
Virtual Town Hall - January 22, 2010
The Greenfield Partner Program participating companies are 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.
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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.
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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
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