Contact Information: Contact: NewMarket Technology, Inc. Investor Relations ir@newmarkettechnology.com 214-722-3065 www.newmarkettechnology.com
NewMarket Technology, Inc. Updates Shareholders on Ticker Symbol Change to NMKTE to Include Instructions on How to Continue Trading Stock
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - September 10, 2008) - NewMarket Technology, Inc. (OTCBB : NMKTE ) today
released an update regarding the Company's recent ticker symbol change to
'NMKTE.' On August 28th, the Company filed SEC Form 8-K disclosing the
details regarding the recent ticker symbol change to 'NMKTE.' The previous
ticker symbol was 'NMKT' or
(OTCBB : NMKT ).
Since that time, the Company has received a number of questions regarding
not only the symbol change, but how to trade the stock with the new ticker
symbol. In addition to the SEC Form 8-K mentioned above, more information
regarding the ticker symbol change was detailed in a subsequent press
release on September 2nd. The Company also published a letter to
shareholders with further detail and executive commentary. The letter is
available by contacting ir@newmarkettechnology.com.
Continued Trading of NewMarket Stock
The information previously released in regard to the recent symbol change
has inadvertently created concern that the stock is not available for
trading or might not be available for trading in the near future. The
stock's trading has only been confused by the ticker change, but has
remained tradable. It is merely a matter of using the appropriate trading
symbol, which at this time is NMKTE.OB.
To View a Current NewMarket Stock Price or Execute a Trade
To view a current price or execute a trade using Internet software (i.e.
Yahoo!, E*TRADE, Quotestream), the new ticker symbol will have to be
entered. Entering 'NMKT' instead of 'NMKTE' will deliver unpredictable
results depending on the specific Internet software.
Corporate Information and E-mail Updates
To be added to NewMarket Technology's e-mail database to receive company
updates or to obtain more information on the Company, please send an e-mail
to ir@newmarkettechnology.com or call 214-722-3065.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
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 most recently $93.1
million in revenue with a net income of $7.3 million in 2007.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
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.