SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

March 08, 2010 09:00 ET

NewMarket Technology, Inc. Announces Southeast Asia Strategic Update to $150 Million 2010 Profitable Revenue Forecast and Expansion Into Vietnam

DALLAS, TX--(Marketwire - March 8, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) today announced plans to expand operations into Vietnam. The Company has also scheduled an initial Trade Mission beginning March 22nd to Saigon. On this coming Wednesday, March 10th, CEO Bruce Noller is scheduled to conduct a Webcast to preview NewMarket's Southeast Asia strategic update to the Company's current plans to achieve $150 million in profitable revenue in 2010. The Webcast will be available on-demand and a link to the Webcast will be published to the Company website upon release.

NewMarket provides systems integration services, to include technology reseller, customization, integration, outsourcing and support services, in Southeast Asia, Latin America and North America, as well as China, and is actively expanding its business services into the growing markets of East Africa. 

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About NewMarket Technology, Inc. (http://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.

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