Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
Dr. Flavio Chaves, Assistant to Vice Governor of the State of Sao Paulo, to Present at NewMarket Technology, Inc.'s Emerging Market Seminar January 18, 2008 in Dallas
| Quelle: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - November 21, 2007) - NewMarket Technology, Inc. (OTCBB : NMKT )
announced today that Dr. Flavio Chaves of Sao Paulo, Brazil, will be
presenting on the business and economic opportunities in Brazil at the
upcoming Emerging Market Seminar to be hosted January 18, 2008, at the
Fairmont Hotel in Dallas, Texas by NewMarket Technology. NewMarket is an
innovative technology company developing new technology services in the
world's emerging markets. NewMarket currently reports approximately $25
million in annualized revenue from South America and $40 million in
annualized revenue from Asia. The seminar will follow the NewMarket
Technology Annual Town Hall being held January 17th at 3:30 pm CST at the
Fairmont Hotel.
Dr. Flavio Chaves currently serves as the Assistant to the Vice Governor of
the State of Sao Paulo, Brazil in charge of all new business and
investments for the state. With a population upwards of 40 million and GDP
of $550 billion, the State of Sao Paulo accounts for nearly one-third of
Brazil's total GDP. Prior to his current post, Dr. Chavez was President of
Caixa Economica of the State of Sao Paulo and a Federal Deputy of the
Brazilian Government. The Caixa Economica is one of the largest
government-owned financial institutions in Latin America and the second
largest bank in Brazil (http://www.caixa.gov.br/).
Those interested in attending the seminar should contact Whitney Marks at
wmarks@newmarkettechnology.com or 214-722-3052 to RSVP and obtain more
information.
Third Quarter Earnings Webcast, Recent Letter to Shareholders, and
Interview with Wall Street Transcript
Separately, NewMarket Technology held the Company's third quarter earnings
webcast Monday, November 19, 2007. An archived recording of the webcast
can be accessed through the Company's website under current events at
www.newmarkettechnology.com. The webcast includes results for NewMarket
China, Inc. (OTCBB : NMCH ) and updates on the Company's Latin American
operations that are being consolidated into NewMarket Latin America, Inc.
(PINKSHEETS : NLAI ).
NewMarket CEO, Philip M. Verges, recently released a letter to shareholders
addressing the Company's corporate maturation and continued growth,
emerging market growth strategy and 2008 early outlook. The letter can be
read in its entirety at: http://biz.yahoo.com/iw/071113/0328052.html.
To access The Wall Street Transcript interview, go to:
http://www.newmarkettechnology.com/AHJ606%20NewMarket.pdf
To be added to NewMarket's corporate e-mail list for shareholders and
interested investors, 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, Oracle, 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. Some emerging
technology solutions NewMarket provides include VoIP, Broadband Wireless
and Security.
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.