Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Presents NuMobile, Inc. Update in Greenfield Webcast on Potential $20 Million Contract, Pending Acquisitions and $2 Million Asset Increase
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 15, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
Greenfield Program participant NuMobile, Inc. (OTCBB : NUBL ) today released
an exclusive on-demand Webcast to provide an update on a potential $20
million contract and two pending acquisitions, Kaizen Communications, Inc.
(www.kaizencommunications.net) of Jacksonville, Florida and SecurAct, Inc.
located in Sunnyvale, CA, part of Silicon Valley. NuMobile is building a
portfolio of software solutions for the global mobile computing and
smartphone market and has acquired two other companies with proprietary
technology focused on mobile network security this year, increasing the
Company's assets significantly to $2.2 million. NewMarket started the
Greenfield partnership program to accelerate the introduction of new
technologies into emerging markets around the world where technology buying
is on the rise, while improving return on investment (ROI) potential.
To-date companies chosen to participate in the partnership program have
been based on their technology and service offerings in conjunction with
the emerging geographic markets in which they currently participate, such
as China, Latin America and East Africa.
A link to the on-demand Webcast is available on the NuMobile corporate
website www.numobileinc.com and is titled 'NuMobile Milestone Updates
Webcast.'
Corporate Information and E-mail Updates
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Company, please visit www.newmarkettechnology.com.
About NewMarket Technology, Inc. (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.