VANCOUVER, British Columbia, May 9, 2005, (PRIMEZONE) -- Newmark Ventures, Inc. (OTCBB:NWMV)("Newmark") confirmed today that further to the agreement entered into with Sygenics Interactive Inc., as previously reported, the first phase for the design, development, and deployment of an interactive web portal for the Company's Trondheim project has been initiated. The web portal will be designed by integrating a combination of technologies previously developed and owned by Sygenics Inc., as well as third party software, and new software to be developed specifically for Newmark by Sygenics Interactive Inc.
Sygenics Interactive Inc. is a developer of advanced information management technology located in Montreal, Quebec, Canada and an authorized licensee of Sygenics Inc.
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties. The actual results of Newmark may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Newmark encourages the public to read the information provided here in conjunction with its most recent filings on Form 10KSB and Form 10QSB. Newmark's public filings may be viewed at www.sec.gov.