NewMarket Latin America, Inc. Announces Unione’s Oracle Hyperion
Project for Chile Ministry of Education
CEO Recently Interviewed on Wallst.net Discussing $30 Million
Revenue Goal for 2008 and More than $20 Million in Profitable Revenue
from Operations in 2007
DALLAS, TX – March 25, 2008 – NewMarket Latin America, Inc. (OTC:
NLAI) today announced that UniOne (www.unione.cl)
recently completed an Oracle Hyperion project for the Chile Ministry
of Education. UniOne is in the process of being consolidated into
NewMarket Latin America. The UniOne project included work with
Oracle’s Hyperion Performance Scorecard, Hyperion Application Link,
Hyperion Analyzer, Hyperion Intelligence, and Hyperion Integration
Services. UniOne is an Oracle partner and the project has been
highlighted locally in Chile at
http://web.tercera.cl/medio/articulo/0,0,3255_255243945_332062871,00.html.
NewMarket Latin America is in the process of consolidating UniOne
into the Company and being brought current with its reporting
requirements in order to move back to the OTCBB. NewMarket Latin
America is a U.S.-based company headquartered in Sao Paulo, Brazil,
with operations being consolidated into the Company throughout Latin
America, to make it a premier business intelligence and systems
integration firm, representing technologies from leaders such as
Microsoft and Oracle, which recently acquired Hyperion. UniOne has
major customers, both U.S.-based and regionally based, in various
sectors such as Oil and Gas, Consumer Products, Financial Services,
and Pharmaceuticals. Customers also include Brasil Telecom, Avon, DHL
and others. A more extensive list of clients can be found at
http://www.unione.com.br/clientes.asp.
CEO Aubrey Brown Recently Interviewed by Wallst.net
Company CEO Aubrey Brown interviewed with WallSt.net Friday,
February 29. In the interview, Mr. Brown discussed the company's
business plan to report an anticipated $30 million in profitable
revenue in 2008. Aubrey Brown is the president of a company
headquartered in Sao Paulo, Brazil, with operations in Chile and
throughout South America that achieved over $20 million in revenue in
2007. Additionally, organic sales growth for that company has exceeded
20% annually for the last two years. Mr. Brown is currently managing
the consolidation of that company into NewMarket Latin America and
anticipates completing that consolidation shortly after completing an
audit of the operations to be consolidated. That audit is underway and
scheduled to be completed by March 31, 2008.
To hear the interview in its entirety, go to
http://www.wallst.net/audio/audio.php?ticker=NLAI&id=4533.
To be added to NewMarket Latin America's corporate e-mail list for
shareholders and interested investors, please send an e-mail to
ir@newmarketlatinamerica.com.
About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)
NewMarket Latin America provides 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
deliver 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 such as Microsoft, 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. In 2006, the
company continued its rapid growth, reporting $77.6 million in revenue
with a net income of $5.8 million.
"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
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