SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

March 12, 2010 09:00 ET

NewMarket Technology, Inc. to Review Analyst Report Update With Reiterated 'Buy' Rating Tuesday, March 16

DALLAS, TX--(Marketwire - March 12, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) has scheduled a Webcast release for next Tuesday, March 16, 2010 to provide a review of a recently issued analyst update. Last month, the Company received an analyst report with a 'buy' rating and a $1.47 target price per share. Yesterday, the analyst issued an update to its initial report highlighting recent NewMarket developments to include its $160 million original design manufacturing (ODM) project opportunity through its China subsidiary operation and its expansion plans into India and further into Southeast Asia. NewMarket already has operations based in Singapore. NewMarket provides systems integration services, to include technology reseller, customization, integration, outsourcing and support services, in Southeast Asia, Latin America and North America, as well as China, and is also actively expanding its business services into the growing markets of East Africa. A link to the on-demand Webcast will be posted to the NewMarket corporate website upon release Tuesday.

The independent analyst with Prime Equity Research, who conducted both the initial report and update, is a Certified Financial Analyst (CFA) in accordance with the CFA Institute Code of Ethics and Standards for Professional Conduct.

To review a copy of the initial report or the update issued today, please visit the NewMarket corporate website investor relations section at or the Prime Equity Research website at

Sign Up to Receive Regular NewMarket Updates

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 at 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.

Contact Information