SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

June 25, 2009 09:00 ET

NewMarket Technology, Inc. to Update Shareholders on Approximately $50 Million in New Sales in Webcast Scheduled for Release Tuesday, June 30

DALLAS, TX--(Marketwire - June 25, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) today announced the Company has scheduled an on-demand Webcast to be released Tuesday, June 30. The Company recently reported revenue growth to $95 million with a positive operating income in a delayed 2008 annual report. Now that the delayed report has been filed on Form 10-K, management plans to review 2009 year-to-date progress to include approximately $50 million in new sales contracts. NewMarket's Chinese subsidiary recently announced a three-year, $30 million outsourcing agreement. The upcoming Webcast will provide more detail on the Chinese outsourcing agreement and the Company's additional new agreements contributing to the approximate $50 million in new sales.

The Webcast will also include an update on the Company's plans for the remainder of 2009. Management will review the recent reduction in senior debt and the corresponding strategy to support an increased price per share. Management will also review the previously announced dividend plans associated with the Company's independently listed foreign operations. A link to the Webcast will be available on the Company's website June 30th.

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About NewMarket Technology, Inc. (

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.


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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