Contact Information: Contact: NewMarket Investor Relations ir@newmarkettechnology.com 214-722-3065
NewMarket Technology, Inc. Announces CFO Philip J. Rauch Video Interview Highlighting Improving Margins and Rapid Revenue Growth Beyond Profitable $93 Million Reported in 2007
Board Member and Former Chairman of the Dallas Federal Reserve Hugh Robinson to Present on Everex Deal at Upcoming Wall Street Reporter Conference
| Quelle: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - July 8, 2008) - NewMarket Technology, Inc. (OTCBB : NMKT ) 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, 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 systems integration and
maintenance services to support the prevailing industry standard solutions
from companies such as Microsoft, Oracle, Infor, 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.
The company has continued its rapid growth, reporting $77.6 million in
revenue with a net income of $5.8 million in 2006 and most recently $93.1
million in revenue with a net income of $7.3 million in 2007.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
This communication contains forward-looking statements that involve risks
and uncertainties. The statements in this communication 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.