DALLAS, Feb. 5, 2007 (PRIME NEWSWIRE) -- Philip Verges, CEO of NewMarket Technology, Inc. (OTCBB:NMKT), was interviewed Friday, February 2, by Steve Kanaval on Market News First. If you missed the discussion, you can still catch it by downloading the podcast from MN1's corporate website, www.mn1.com, or by clicking on http://www.mn1.com/mp3/nmkt020207.mp3
During the interview, Mr. Verges touched on the company's progress with the City of New Orleans and the company's multiple business opportunities in line with the city's ongoing economic redevelopment. He also mentioned NewMarket's business partnership with a Chinese investment group that plans to invest up to $20 million to build a business to business consumer market commerce center in New Orleans.
Mr. Verges and Mr. Kanaval also discussed NewMarket's planned launch of a project with a U.S. Government Agency and a Non-Government Agency. Details of the project, which will be announced tomorrow, include expansion of smaller U.S.-based technology company involvement into Latin America to improve information and communication technologies in underserved areas in Latin America. The program also aims to promote new and innovative uses of these technology applications.
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 to include Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire undiscovered 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 global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment through the independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends. NewMarket ranked Number Five 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.
About MN1.com
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