NewMarket Technology, Inc.’s Fresh Approach to Micro Cap Markets
and $100 Million Annualized Revenue Benchmark Featured in The Wall
Street Transcript’s Software Issue
DALLAS, TX – April 29, 2008 – NewMarket Technology, Inc. (OTCBB:
NMKT) announced today that the Company has been featured in The Wall
Street Transcript’s recent Software Issue. NewMarket Technology is a
Dallas-based global systems integrator and emerging technology
provider that has grown rapidly over the past 5 years, recently
reporting $93.1 million in 2007 revenue. The interview features
company CEO Philip Verges. Highlights from the interview include:
- NewMarket Technology is just over 10 years old, providing
systems integration and emerging technology solutions in North
America, Latin America and Asia
- Overview of Company’s approach to $100 million revenue benchmark
- The Company has grown rapidly overseas by looking for "leap
frog" opportunities to implement new technology solutions where
little or no legacy systems exist
- Overview of business in China that has grown to $40 million in
revenue
- Highlights of growth and services in Latin America
- Company’s strategy when rolling out services in an emerging
market
- Company plans over the next two to three years to include
acquisition and management expansion plans
The interview is available at
www.twst.com. For help viewing the article, please contact
ir@newmarkettechnology.com
or 214-722-3065.
Company Information and 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 or its
Chinese subsidiary, please send an e-mail to
ir@newmarkettechnology.com.
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. |