SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

August 04, 2009 09:00 ET

NewMarket Technology, Inc. Presents 2009 $100 Million Profitable Revenue Outlook

$1.00 to $2.50 Price per Share Milestone Potential

DALLAS, TX--(Marketwire - August 4, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) recently announced a ticker symbol change from NMKT to OTC: NWMT. The change reflects a substantial step forward in the Company's overall plan to align what management believes is an undervalued price per share with the Company's otherwise strong fundamental financial performance. Today the Company has released an exclusive on-demand Webcast to review the Company's positive operating income for the previous three years and revenue growth from approximately $78 million in 2006 to $95 million in 2008. The focus of the Webcast is to present the potential for the share price to increase from the recent recapitalized price per share of $0.45 to $1.00 and as high as $2.50. The price per share potential is suggested in conjunction with the presentation of the market capitalization values of comparative public companies. The presentation includes an outlook on the anticipated profitable revenue increase in 2009.

The ticker symbol change was made in conjunction with a common and preferred stock recapitalization. The common issued and outstanding was reduced to approximately 15 million shares. The post-recapitalized price per share is $0.45. The Company's long-term debt was reduced and the preferred stock was restructured. The fully diluted issued and outstanding is less than 30 million shares and management anticipates the issue of new shares can be reduced further through an alignment of fundamental financial performance with price per share performance. The fully diluted market capitalization of the Company today is approximately $13 million. Based on the share price performance of comparable public companies, NewMarket management believes NewMarket's market capitalization value could reasonably reach $30 million in the near future and as high as $50 million. On a fully diluted basis, Management likewise believes the price per share could reasonably reach $1.00 in the near future and as high as $2.50.

The Webcast is now available for review on the Company's corporate website. A link to the Webcast titled 'NewMarket Corporate Update (August 4, 2009)' is available on the Investor Relations page of the NewMarket website under Current Events and Communications at: For assistance accessing or listening to the Webcast, please email or call 214-722-3065.

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 $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.

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