SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

December 17, 2009 11:15 ET

NewMarket Technology, Inc. Anticipates 4th Quarter Sales Boost From Chinese Subsidiary's New Business Lines

DALLAS, TX--(Marketwire - December 17, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) today announced that the Company anticipates a fourth quarter sales boost from its Chinese subsidiary's new lines of business. Last week, NewMarket's Chinese subsidiary announced the acquisition of a subsidiary of China Radio Technology Ltd. The transaction is designed to enable the Company's Chinese subsidiary to introduce a new mobile communication hardware and software line of business. Earlier this year, NewMarket's Chinese subsidiary also introduced a new outsourcing services line of business. Both new business lines are anticipated to contribute to fourth quarter sales in 2009. Earlier this week, NewMarket released an on-demand Webcast to review recent milestone progress in China and a link to the Webcast, titled 'NewMarket - Chinese Subsidiary Milestone Update Webcast,' is available on the corporate website homepage and Investor Relations page at

NewMarket's subsidiary operation in China is a systems integration service provider that markets technology outsourcing services that include the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. The operation in China reported over $40 million in annual revenue in both 2007 and 2008 and $30 million in revenue through the first nine months of the year ending September 2009, with record net income of $1.8 million.

In 2008, NewMarket reported $95 million in global revenue and has forecasted profitable revenue growth in 2009. For the first three quarters of 2009 ending September 30, NewMarket reported $76 million in revenue with $2.2 million in net income. In addition to the contributions anticipated from the new lines of revenue, both NewMarket and its subsidiary's sales are historically seasonal with the largest sales and profits usually occurring in the 4th quarter.

NewMarket Technology Virtual Town Hall January 22, 2010

NewMarket plans to release a 2009 Virtual Town Hall January 22, 2010. The Virtual Town Hall is scheduled to be made available online to interested viewers on their own schedule and from their own location. Each year, NewMarket hosts a Town Hall meeting to review the previous year's results, to preview the Company's plans for the year ahead and outline plans to evolve the Company's growth strategy while adopting lessons learned.

Shareholders and interested investors are asked to submit suggested topics for discussion and questions by 5 pm CST December 28, 2009 to

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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 ( Recipients can manage their own email contact profile and safely unsubscribe at any time.

About NewMarket Technology, Inc. (

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.


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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