SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

September 17, 2009 13:14 ET

NewMarket Technology, Inc. Update on Dividends and National Exchange Listing Includes Answers on Recent Contracts and Issued and Outstanding Questions

DALLAS, TX--(Marketwire - September 17, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) has released the previously announced on-demand Webcast discussing progress made year-to-date and next steps towards aligning the Company's operational and financial performance with the market share price. Management believes the Company is currently undervalued and has previously announced a near-term goal to realize a suggested fair value target price per share of $1.00 and as high as $2.50.

Since 2002, NewMarket operations have expanded from reporting approximately $1 million in annual revenue to over $95 million in revenue in 2008. The Company has reported over $43 million in profitable revenue for the first six months of 2009. Historically reporting increased revenues in the second half of the year, the Company has set a $100 million profitable revenue forecast for 2009.

NewMarket Dividend and Upgraded Listing Webcast

The Webcast covers the previously announced dividend plan and the Company's plan to upgrade its public listing to the OTCQX. The move to the OTCQX ( is considered a first step toward a NASDAQ or NYSE listing for the Company. NewMarket is already a fully-reporting public company with audited financial reports filed with the SEC.

Additional progress updates include the Company's Greenfield program and milestone successes toward improving its recurring revenue base through garnering longer-term service contracts. This year, the Company has already announced an approximate $65 million in new sales contracts to include a $30 million contract signed with Beijing Chuangzhitongda Technology Development and a $33 million outsourcing agreement with WBA (Wireless Broadband Access) Telecommunications, S.A.

A link to the Webcast titled 'NewMarket Dividend and Upgraded Listing Webcast' is available on both the corporate website homepage and investor relations page at

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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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