NewMarket Latin America, Inc., Announces RKM IT Solutions’ 228%
Microsoft Sales Increase in Latin America
DALLAS, TX--(MARKET WIRE)—April 10, 2008 -- NewMarket Latin
America, Inc. (OTC: NLAI) announced today that RKM IT Solutions’ (RKM)
Microsoft sales increased 228% over the same period in the prior year.
A large part of the sales increase can be attributed to RKM’s upgrade
last year to a Microsoft Large Account Reseller and Enterprise
Software Advisor (LAR/ESA) from Gold Partner. The period tracked was
the three quarters from July 2007 to March 2008. Additionally, RKM has
already surpassed its annual Microsoft sales goal by 78%. As a LAR/ESA
Partner, RKM can significantly extend its existing Microsoft Gold
partnership to offer high volume licensing, specifically "Enterprise
Agreement" (EA) and "Select" for companies with more than 250 PCs and
support services to large enterprise and institutional customers.
Prior to their selection to the LAR/ESA Partner program, RKM has been
a Microsoft Gold Partner since 2001, winning the 2003 Microsoft
Infrastructure Solution of the Year award in Venezuela. As part of
this overall increase in Microsoft partner program sales, RKM recently
announced the sale of corporate Microsoft Licenses for Servers and
Workstations to Seguros Venezuela, C.A. (www.segurosvenezuela.com)
and Banco Real, Banco de Desarrollo, C.A. (www.bancoreal.com.ve).
RKM President Appointed VP of the International Association of
Microsoft Certified Partners (IAMCP) for Venezuela
Separately, RKM IT Solutions' President Samuel Gamarra has recently
been appointed Vice President of the International Association of
Microsoft Certified Partners (IAMCP) Venezuela chapter. IAMCP (www.iamcp.org)
is an international organization that represents Microsoft's top
partners from around the globe. Formed in 1994, IAMCP provides members
a voice among the IT community and with regards to Microsoft programs.
Additionally the organization encourages partner to partner business
among its members. NewMarket Latin America and RKM NewMarket Latin
America is in the process of consolidating RKM 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. Company Updates and Information To be added to
NewMarket Latin America's e-mail database for shareholders and
interested investors or to receive information on the company, please
send an e-mail to
ir@newmarketlatinamerica.com.
About RKM IT Solutions (www.rkmve.com)
RKMis a sixteen-year-old systems integration and IT outsourcing
services firm recognized in Venezuela and throughout northern South
America as a leading provider of mission critical voice, data and
video network solutions, as well as systems integration and help desk
support. Clients include the Top 50 international corporations in the
country, as well as a strong presence in the Oil and Gas, Banking and
Manufacturing industry. RKM is also a regionally certified partner for
Cisco Systems, Novell, Computer Associates, IBM, Hewlett-Packard,
Systimax and Microsoft. RKM was awarded the 2003 Microsoft
Infrastructure Solution of the Year in Venezuela and has been
recognized as a Microsoft Gold Partner and now a Microsoft LAR/ESA
partner. The company is expanding its system integration and IT
outsourcing services in the Caribbean, Colombia, Ecuador, Peru and
Mexico.
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.
Corporate 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
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
decisions. | |
|