NewMarket Technology, Inc. Announces CFO Philip J. Rauch Video
Interview Highlighting Improving Margins and Rapid Revenue Growth
Beyond Profitable $93 Million Reported in 2007
Tuesday July 8, 10:29 am ET
Board Member and Former Chairman of the Dallas Federal Reserve Hugh
Robinson to Present on Everex Deal at Upcoming Wall Street Reporter
Conference
DALLAS, TX--(MARKET WIRE)--Jul 8, 2008 -- NewMarket Technology,
Inc. (OTC BB:NMKT.OB - News) today announced CFO Philip J. Rauch's
recent video interview with Wall Street Reporter is now available
online. The interview was conducted during NewMarket's recent
participation at the Small Cap Discovery Conference in New York City.
In the interview, Mr. Rauch explains NewMarket's innovative business
model of bringing emerging technologies to market through established
systems integration channels in high-growth emerging markets to
include Asia and Latin America. NewMarket's innovative business model
delivered $93.1 million in revenue in 2007 and $7.3 million in net
income. Mr. Rauch highlights the revenue and net income growth
anticipated as NewMarket continues to mature. "I think you are going
to see over the next three years some explosive revenue and income
growth with regards to those emerging technologies that will just add
to a fairly steady increase in our base business." Additionally the
interview discussed a continued increase in organic sales, geographic
expansion and focus on converting short term, project-based contracts
into higher-margin managed services contracts.
The interview is available in its entirety at
http://www.wallstreetreporter.com/page.php?page=view_videos&id=219.
Board Member Hugh Robinson, Former Chairman of the Dallas Federal
Reserve and Retired Major General to Present at Wall Street Reporter
San Francisco Conference
Last week NewMarket announced that Board Member Hugh Robinson will
present at the upcoming Wall Street Reporter "San Francisco Small-Cap
Forum" Conference to be held July 30, 2008 in San Francisco at the
Bankers Club.
At the conference, Mr. Robinson will review NewMarket's recently
announced agreement to acquire Everex:
NewMarket Technology, Inc. to Acquire Everex, a Respected Brand
Name in Personal Computing Reporting Approximately $60 Million in
Revenue in 2007
Recent NewMarket - Everex Webcast
NewMarket management conducted a Webcast recently to address
NewMarket's binding agreement to acquire a 75% interest in Everex.
An archive of the Webcast is available at the Company's corporate
Website Investor Relations page at
http://www.newmarkettechnology.com/investor-relations.htm
under "Current Events and Communications."
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. |