SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

October 16, 2009 13:00 ET

NewMarket Technology, Inc. to Review Analyst Speculative Buy Rating With $1.42 PPS Target and $100 Million Milestone in Webcast Monday

DALLAS, TX--(Marketwire - October 16, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) has scheduled a Webcast for Monday, October 19th to review the Company's milestones year-to-date, to include expected record sales in 2009 with the potential for $100 million in total contract value by year-end, notable recent debt reduction and a review of the recent Beacon Equity research report on the Company that included a speculative buy rating with a price target of $1.42. The full report is available at

NewMarket reported over $95 million in revenue for 2008 and has set a $100 million profitable revenue forecast for 2009. In addition to the Company's ongoing business, NewMarket has also publicly announced new sales contracts this year that, in total, exceed $73 million. With the Company's milestone announcement yesterday that its subsidiary operation in China has signed a letter of intent worth $36 million over three years to provide outsourcing services, the Company is on the cusp of reaching and exceeding its $100 million milestone of total contract value potential for the year.

A link to the Webcast will available on both the corporate website homepage and investor relations page at upon release.

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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.

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