NewMarket Technology  
Home Who We Are Services Investor Relations Media Center News Events Contact  
China Crescent Enterprises, Inc. NewMarket Latin America  
 
   
   

NewMarket China, Inc. Strategic Plan Update Webcast Scheduled for May 14, 2008 at 4:30 PM EDT

Company Reported 2007 36% Revenue Increase to $40 Million and 83% Net Income Increase over 2006

DALLAS, TX – April 29, 2008 - NewMarket China, Inc. (OTCBB: NMCH) today announced the Company has scheduled a Webcast for 4:30 pm EDT on May 14, 2008 to present a strategic plan update. The company recently announced plans to continue growth to $50 million in 2008 revenue with improving fundamental financials through the continued growth of its established operations in China, and through potential acquisitions. The Company is actively seeking acquisition candidates in both China and North America. Additionally, NewMarket China recently announced launching sales initiatives in Latin America (http://biz.yahoo.com/iw/080428/0390970.html).  The sales efforts, which have been launched in Brazil and Chile are intended to augment the Company’s 2008 revenue goal of $50 million. The Company has already established software service sales to clients in North America. NewMarket China's services are competitively priced and the Company anticipates gaining sales traction quickly within the burgeoning South American economy.

A link to the Webcast will be available at http://www.investorcalendar.com/IC/CEPage.asp?ID=127668.  Also available at this link is an archive to the recent Webcast reviewing 2007 operational and financial results conducted by the Company CEO and CFO.

Corporate Communications and Fact Sheet

If you would like to receive email updates on the company or a corporate fact sheet highlighting the Company’s operations, business plan and technology partners, please send and e-mail to ir@newmarketchina.com

About NewMarket China, Inc. (www.newmarketchina.com

NewMarket China, Inc. is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market. Headquartered in Dallas with operations in Shanghai and Beijing, NewMarket China bridges the gap between Western and Eastern business cultures to assist western clients in realizing the advantages of the high quality, low cost technology products and services available from China. NewMarket China also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

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.

 
News & Events 
 

News/Press
Events
 


 

 
     
 
   
Home Who We Are Services Investor Relations Media Center News Events Contact  

Copyright © 2004-2008 NewMarket Technology, Inc. All rights reserved.