SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

February 26, 2009 10:13 ET

NewMarket Technology, Inc. Announces Webcast March 5th to Issue Update on Management Buyback, Review YTD Performance and Outline Optimistic 2009 Expectations

DALLAS, TX--(Marketwire - February 26, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) today announced a management Webcast scheduled for Thursday, March 5th. The Company reports today having made substantial steps toward executing a planned management buyback, and plans to announce further details in next week's Webcast. Additionally, management is scheduled to report on the Company's performance for the first two months of 2009 and further outline its optimistic performance expectations for the balance of 2009 based on the Company's first two months of operations.

An audit of the Company's financial performance in 2008 is underway and the Company anticipates releasing the audited 2008 financial report by March 31, 2009 as required by the SEC. NewMarket reported over $100 million in sales for the trailing 12 months ending September 30, 2008 and anticipates reporting record sales for calendar year 2008.

Corporate E-mail Updates

To be added to NewMarket Technology's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to or call 214-722-3065.

About NewMarket Technology, Inc. (

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.

NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include Latin America, China and Singapore.

NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005.

The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.


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