NewMarket Technology, Inc. Announces Coverage of "Project LAC"
Trade Mission to Latin America by Andrew Coffey on "CoffeyGrinds" on
MN1.com
Thursday June 21, 11:11 am ET
NewMarket Latin America Increases Second Quarter Sales With $3
Million in New Contracts
DALLAS, TX--(MARKET WIRE)--Jun 21, 2007 -- NewMarket Technology,
Inc. (OTC BB:NMKT.OB - News) announced today that Andrew Coffey from
Market News First (MN1.com) will join the company on the "Project LAC"
Trade Mission to Latin America July 15-25 and cover the trade mission
in his business Internet show, "CoffeyGrinds," on MN1.com. "Project
LAC" and Trade Mission Delegate Companies
The Trade Mission delegates will visit business and government
representatives in Sao Paulo, Brazil, Santiago, Chile and Monterrey,
Mexico to discuss business opportunities in each region. NewMarket
recently announced the delegate companies selected to participate in
the Trade Mission. In March, NewMarket Technology issued a Request for
Application (RFA) to all small U.S. technology companies interested in
participating in "Project LAC." The deadline to respond was May 1,
2007.
The selected companies are Coe-Truman Technologies, Inc. (www.coetruman.com),
digiMedical Solutions, Inc.(TM), (www.digimedical.com),
Link America, Inc. (www.linkam.com),
and US-Analytics Solutions Group (www.us-analytics.com).
The purpose of "Project LAC" is to enhance small U.S. technology
company involvement in the Latin American and Caribbean (LAC) regions,
and the project is funded by United States Agency for International
Development (USAID), supported by the dot-ORG program and implemented
by the Academy for Educational Development (AED) and NewMarket
Technology. NewMarket Technology was selected to implement the project
based on the company's own successful growth in the LAC region.
For more information on the project and the selected companies,
please visit the project website at
www.projectLAC.com . The
"Project LAC" website is also available in Spanish and Portuguese.
NewMarket Latin America
NewMarket Technology's Latin American operations, NewMarket Latin
America (Other OTC:NLAI.PK - News), has experienced rapid growth over
the previous two years and recently signed $3 million in new contracts
in the second quarter, with all revenue from the contracts to be
realized in the 2007 fiscal year. NewMarket Latin America has a
forecast of $30 Million for 2007. The four new contracts are in Brazil
and Chile focused on Telecom, Mining, Petroleum and Retail industries.
The company's rapid expansion and unique business model was
recently featured in the Latin Business Chronicle (http://www.latinbusinesschronicle.com/app/article.aspx?id=1134).
NewMarket Recognized in Deloitte's 2006 Technology Fast 500 for
Revenue Growth
NewMarket Technology ranked fifth on Deloitte's 2006 Technology
Fast 500, a ranking of the 500 fastest growing technology, media,
telecommunications and life sciences companies in North America. This
is the third consecutive year that NewMarket has been ranked on
Deloitte's Technology Fast 500. NewMarket Technology continues to
maintain a rapid growth rate expecting to report $70 million in
revenue in 2006 and $120 million forecasted in 2007.
To be added to NewMarket's corporate e-mail list for shareholders
and interested investors, please send an e-mail to ir@newmarkettechnology.com.
About MN1.com
Market News First is an online, market news provider that brings
investors current news on the market. Market News First is the only
online, live IPTV web site that brings real market news to investors
and features live interaction with companies from the Bulletin Board
to NYSE.
Through daily, live interviews, we bring you up to date on all the
established companies and inform the investors of the newest
opportunities within the market. Market News First offers one-on-one
interviews with the presidents and CFOs of companies to deliver
answers to the questions that investors may ask and provides them
insight into the companies' present condition and future plans.
About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)
NewMarket Latin America is a consolidated subsidiary of NewMarket
Technology providing world-class systems integration services through
relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and
many more. NewMarket Latin America has major customers in various
sectors such as Oil and Gas, Consumer Products, Financial Services,
and Pharmaceuticals Industries.
NewMarket Latin America delivers solutions to regional customers in
addition to specializing in helping US clients expand their businesses
and operations into one of the fastest growing economic regions in the
world. NewMarket Latin America has offices and operations throughout
Latin America.
NewMarket Latin America also identifies emerging technologies
developed within the region and brings those latest technologies to
market worldwide. These innovations help clients grow their businesses
and gain a new competitive advantage.
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
integration and maintenance services to support the prevailing
industry standard solutions to include Microsoft (Nasdaq:MSFT - News),
Cisco Systems (Nasdaq:CSCO - News), SAP (NYSE:SAP - News), Siebel (Nasdaq:ORCL
- News) and Sun Microsystems (Nasdaq:SUNW - News). Concurrently,
NewMarket continuously seeks to acquire undiscovered 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 global network of Solution Integration subsidiaries in
North America, Latin America, China and Singapore. NewMarket maximizes
shareholder return on investment by independent listing of
consolidated regional and emerging technology subsidiaries in order to
issue subsidiary stock in shareholder dividends.
"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. |