Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Recognized for Record Revenue Growth as Compiled by Deloitte for the Titan Fast Tech Awards
YTD Sales Progress Reviewed in On-Demand Webcast
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - August 13, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
today released an on-demand Webcast presenting the Company's offshore sales
initiatives and year-to-date progress. In the past two weeks the Company
has announced $2.7 million in Microsoft corporate licensing contracts
through its operations in Latin America and a $30 million service contract
in China. Additionally, the Webcast provides a long-term overview and 2009
outlook.
The Webcast is now available for review on the Company's corporate website.
A link to the Webcast titled 'NewMarket Offshore Sales and Revenue Growth
(August 13, 2009)' is available on the Home page and the Investor Relations
page of the NewMarket website www.newmarkettechnology.com. For assistance
accessing or listening to the Webcast, please email
ir@newmarkettechnology.com or call 214-722-3065.
Tech Titans Finalist
NewMarket has been named a finalist for the Metroplex Technology Business
Council's (MTBC) Tech Titan Fast Tech award for the fastest growing
technology companies in the Dallas-Fort Worth (DFW) area as compiled by
Deloitte. The North Texas area contains over 4,000 technology firms making
it a very competitive arena. This is the sixth year in a row the company
has been named to the Tech Titan's list, being recognized twice as the
number one fastest growing company. Additionally, NewMarket was recognized
as the third fastest growing technology company in the United States in
2006. The Tech Titan Fast Tech recognizes the fastest-growing technology
companies in the DFW area, based on percentage revenue growth over five
years (2004 to 2008) as well as percentage revenue growth over one year
(2007-2008). The Tech Titans Award Ceremony will be held Friday, August
28th. For more information on the Tech Titan awards, please visit
http://www.metroplextbc.org/Events/Tech-Titans.aspx.
Corporate Information and E-mail Updates
To sign up to receive company updates or to obtain more information on the
Company, please visit www.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 $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 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.