Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
With Almost $100 Million in Sales Worldwide, NewMarket Technology, Inc. Plans to Expand $40 Million Subsidiary in China by Launching Operation in East Africa
Webcast Scheduled for Release Tuesday, September 15th
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - September 14, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT ) is
scheduled to release a corporate Webcast tomorrow, September 15th focused
on the Company's opportunities in Kenya and East Africa, as well as a trade
mission to the region. The Webcast will highlight the Company's plans to
leverage its subsidiary in China to open operations in Africa. A link to
the Webcast is scheduled to be available on the Company's corporate website
www.newmarkettechnology.com September 15th.
NewMarket recently participated at the African Advanced Level
Telecommunications Institute (AFRALTI) WiMax Conference in Nairobi.
NewMarket Technology was invited to present based on the Company's
experience in emerging economies. NewMarket Technology is a technology
systems integration firm concentrating on the rapidly growing technology
needs of high growth emerging markets around the world. The Company had
previously participated in the "Connecting Rural Communities Africa Forum
2007," also in Nairobi. Kenya already has a fiber-optic cable
infrastructure in place throughout the country, and three submarine cables
under construction or currently coming on line.
NewMarket has its financial results independently audited in compliance
with SEC regulations and the Company's current financial reports are on
file with the SEC and available for public review. The Company reported
over $95 million in revenue in 2008, with over $40 million coming from its
operation in China.
Corporate Information and E-mail Updates
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Company, please visit www.newmarkettechnology.com.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
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.
"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.