Contact Information: Contact: NewMarket Investor Relations ir@newmarkettechnology.com 214-722-3065
NewMarket Technology, Inc. Board Member Hugh Robinson, Former Chairman of the Dallas Federal Reserve and Retired Major General to Present at Wall Street Reporter Conference
"San Francisco Small-Cap Forum" Scheduled for July 30, 2008 from 12:30pm - 3:00 pm at the Bankers Club
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - July 1, 2008) - NewMarket Technology, Inc. (OTCBB : NMKT ) today
announced that Board Member Hugh Robinson will present at the upcoming Wall
Street Reporter "San Francisco Small-Cap Forum" Conference to be held July
30, 2008 in San Francisco at the Bankers Club.
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.
At the conference, Mr. Robinson will review NewMarket's recently announced
agreement to acquire Everex:
NewMarket Technology,
Inc. to Acquire Everex, a Respected Brand Name in Personal Computing
Reporting Approximately $60 Million in Revenue in 2007
"I joined NewMarket's board because I was impressed by management's
commitment to building a sustainable business model to continuously bring
garage inventions into production," said Mr. Robinson. "The plan is
innovative, yet practical and like many new approaches, not initially
widely recognized. But management has stayed the course and with the
Everex transaction, I believe NewMarket is preparing to emerge as a notable
influence in the global technology industry."
Mr. Robinson will be accompanied by NewMarket CEO Philip Verges. In
addition to reviewing NewMarket's track record and the impact of
NewMarket's recently announced agreement to acquire Everex, the
presentation will include an outlook on the global micro-cap and small-cap
marketplace.
Recent NewMarket - Everex Webcast
NewMarket management conducted a Webcast last week to address NewMarket's
recently announced binding agreement to acquire a 75% interest in Everex.
An archive of the Webcast is available at the Company's corporate Website
Investor Relations page at
http://www.newmarkettechnology.com/investor-relations.htm under "Current
Events and Communications."
Corporate Email Updates
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updates, please send an e-mail to ir@newmarkettechnology.com.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
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.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
This communication contains forward-looking statements that involve risks
and uncertainties. The statements in this communication 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.