NewMarket Technology, Inc.'s Oracle Hyperion Project for Avon
Chile Highlighted by Oracle
Tuesday September 23, 9:00 am ET
DALLAS, TX--(MARKET WIRE)--Sep 23, 2008 -- NewMarket Technology,
Inc. (OTC BB:NMKTE.OB - News) today announced their subsidiary
UniOne's recent project to implement Oracle's Hyperion Planning and
Essbase solutions for Avon in Chile has been highlighted at Oracle.com.
UniOne, with operations also in Brazil, is one of the top Oracle
partners in Latin America with over fourteen years in the information
technology business and has completed work for Avon in the past.
Oracle.com has published a 'Customer Snapshot' highlighting the
project for Avon in Chile:
http://www.oracle.com/customers/snapshots/avon-chile-hyperion-snapshot.pdf.
Doing business in Chile for 30 years, Avon Chile is the country's
leader in direct cosmetics sales. Avon operates in over 100 markets
and has more than 5 million representatives worldwide, NewMarket's
operations in Latin America are leading Microsoft and Oracle partners
in the region and have seen substantial growth from these partnerships
over the past year. For the first half of 2008, NewMarket's Latin
American operations have accounted for approximately $12.6 million in
revenue YTD with $528,600 in net income, supporting the Company's
global goal of $120 million in profitable revenue for 2008. In 2007,
NewMarket reported $93.1 million in revenue with $7.3 million in net
income across all its operations.
Other Unione's Projects Highlighted by Oracle.com
L'Oreal Brazil - Unione and Oracle's Siebel CRM:
http://www.oracle.com/customers/snapshots/loreal-brasil-siebel-snapshot.pdf
ING Chile - Unione and Hyperion:
http://www.oracle.com/customers/snapshots/ing-chile-hyp-snapshot.pdf
Melitta Brazil - Unione and Oracle Database:
http://www.oracle.com/customers/snapshots/melitta-brazil-snapshot.pdf
More About Unione in Brazil and Chile
Unione has offices in Brazil and Chile and provides Business
Intelligence (BI), Enterprise Resource Planning (ERP), Business
Performance Management (BPM), Customer Relationship Management (CRM)
and Services Oriented Architecture (SOA) consulting services
throughout Latin America. For more information on UniOne, please visit
www.unione.com.br.
Corporate Information and E-mail Updates
To learn more about NewMarket Technology's global technology
services, please contact
sales@newmarkettechnology.com or 972-386-3372. 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. |