Contact Information: Contact: NewMarket China, Inc. Investor Relations 214-722-3065 ir@newmarketchina.com http://www.newmarketchina.com
NewMarket China, Inc. Strategic Plan Update Webcast Scheduled for May 14, 2008 at 4:30 PM EDT
Company Reported 2007 36% Revenue Increase to $40 Million and 83% Net Income Increase Over 2006
| Source: NewMarket China, Inc.
DALLAS, TX--(Marketwire - April 29, 2008) - NewMarket China, Inc. (OTCBB : NMCH ) today
announced the Company has scheduled a Webcast for 4:30 pm EDT on May 14,
2008 to present a strategic plan update. The company recently announced
plans to continue growth to $50 million in 2008 revenue with improving
fundamental financials through the continued growth of its established
operations in China, and through potential acquisitions. The Company is
actively seeking acquisition candidates in both China and North America.
Additionally, NewMarket China recently announced launching sales
initiatives in Latin America (http://biz.yahoo.com/iw/080428/0390970.html).
The sales efforts, which have been launched in Brazil and Chile, are
intended to augment the Company's 2008 revenue goal of $50 million. The
Company has already established software service sales to clients in North
America. NewMarket China's services are competitively priced and the
Company anticipates gaining sales traction quickly within the burgeoning
South American economy.
A link to the Webcast will be available at
http://www.investorcalendar.com/IC/CEPage.asp?ID=127668. Also available at
this link is an archive to the recent Webcast reviewing 2007 operational
and financial results conducted by the Company CEO and CFO.
Corporate Communications and Fact Sheet
If you would like to receive email updates on the company or a corporate
fact sheet highlighting the Company's operations, business plan and
technology partners, please send and email to ir@newmarketchina.com.
About NewMarket China, Inc. (www.newmarketchina.com)
NewMarket China, Inc. is a technology leader in the rapidly developing
Chinese market specializing today in software engineering, high quality
software development and digital multimedia outsourcing services delivered
to customers globally. At the same time, the firm is a systems integrator
and value added reseller of major global hardware brands in the Chinese
domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, NewMarket
China bridges the gap between Western and Eastern business cultures to
assist Western clients in realizing the advantages of the high quality, low
cost technology products and services available from China. NewMarket China
also assists Western clients in localizing products and services to realize
the tremendous growth potential available by expanding into the Chinese
Market.
"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.