SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

January 27, 2010 09:10 ET

NewMarket Technology, Inc. to Review Over $100 Million in Potential Contracts Earmarked for Chinese Operation in Webcast Next Tuesday

DALLAS, TX--(Marketwire - January 27, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) is scheduled to release an on-demand Webcast next Tuesday, February 2nd hosted by Mr. Bruce Noller, who has been newly appointed as the Company's Chief Executive Officer effective February 1, 2010. The Webcast is slated to include a discussion of NewMarket's $150 million 2010 revenue target, to include the contribution the Company's Chinese operations are expected to make towards the target. NewMarket's operations in China provide systems integration and outsourcing services in the Chinese domestic market. Senior management of the Company's Chinese operations recently conducted 2010 strategy kickoff meetings in Shanghai and have earmarked over $100 million in potential contracts for 2010. A link to the Webcast is scheduled to be published upon release on NewMarket's corporate website

2010 Virtual Town Hall and Newly Appointed Chief Executive Officer

Yesterday, NewMarket released a letter to shareholders introducing Mr. Bruce Noller, the Company's newly appointed Chief Executive Officer effective February 1, 2010. The shareholder letter provides more detail on the management change and Mr. Noller's plan to lead NewMarket's systems integration business from approximately $100 million in annual revenue today to a goal of $1 billion within five years. Further details are also available in the Company's 2010 Virtual Town Hall videocast.

Both the letter to shareholders and the 2010 Virtual Town Hall are available on the corporate website Investor Relations webpage:

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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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