SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

September 01, 2009 09:27 ET

NewMarket Technology, Inc. Webcast by Former Dallas Federal Reserve Chairman Hugh G. Robinson Highlights Breakout Potential of Award Winning Success and New Direction

Webcast Strategic Update Includes Review of $100 Million Profitable Revenue Forecast and $63 Million in Recent Contracts

DALLAS, TX--(Marketwire - September 1, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) has released an exclusive Webcast hosted by Board Member Major General Hugh G. Robinson. General Robinson begins the presentation with an overview of NewMarket's founding strengths in light of the recent global economic crisis and his vision for the future of those founding strengths. The corporate strategic update includes discussions on the Company's growth over the past few years to $95 million in 2008 and the Company's plans for continued profitable growth in 2009 to a forecasted $100 million in revenue. The Webcast also includes a review of recent Microsoft contracts and $63 million in multi-year service contracts. These service contracts result in part from the Company's business strategy to convert customers and business from one-time, short-term contracts to longer-term, renewable contracts. These contracts also come from the Company's Chinese and Latin American divisions, illustrating the Company's traditional focus on emerging market business opportunities. Management anticipates accelerated revenue growth in the second half of 2009 resulting from strong offshore sales.

"The best high growth investments today are often outside of the United States," stated Mr. Robinson. "NewMarket is a technology service company with operations in a number of the world's recognized emerging market sectors as well as some of the less well-known emerging market sectors. NewMarket's growth has won multiple awards. I believe NewMarket is now prepared for its next major breakthrough."

Board Member Retired Major General Hugh G. Robinson

Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a retired Major General with a distinguished career serving in the United States Army. Among other prestigious posts, Mr. Robinson served as President Lyndon Johnson's military aide de camp. In addition to his public service experience, Mr. Robinson's career has included extensive executive management experience with senior positions at Southland Corporation and City Place Development Corporation. He is a graduate of the United States Military Academy at West Point and earned a Masters Degree in Civil Engineering from the Massachusetts Institute of Technology (MIT). In addition to his role at NewMarket Technology, Mr. Robinson currently serves on the board of Carmax, Inc., the LBJ Foundation and the Better Business Bureau.

NewMarket Technology Strategic Update Webcast Released Today

A link to the Webcast titled 'NewMarket Strategic Update Webcast (September 1, 2009)' is now available on the Home page and the Investor Relations page of the NewMarket website For assistance accessing or listening to the Webcast, please email or call 214-722-3065.

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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 50 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. The Company has been named a finalist again this year and results will be posted in the fall.


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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