Contact Information: Contact: NewMarket China, Inc. Investor Relations 214-722-3065 ir@newmarketchina.com www.newmarketchina.com
NewMarket China, Inc. Releases Position Paper to Communicate Global Small Business Economic Vision Prior to Strategic Plan Update Webcast Scheduled for May 14, 2008 at 4:30 PM EDT
Paper Highlights Ongoing Success of Small Business in a Big Business Culture and the Social, Political and Economic Role of Small Business in the Future
| Source: NewMarket China, Inc.
DALLAS, TX--(Marketwire - May 13, 2008) - NewMarket China, Inc. (OTCBB : NMCH ) today
released a position paper to communicate a vision for the role of small
business in the global economy. The paper was written by Philip Verges, a
Company founder and current board member. The paper illustrates the
challenges faced by small business in a big business culture, even though
the small business sector contributes more jobs to the global economy and
represents a larger percentage of the global gross domestic product than
big business. The paper points out the current proliferation of small
business public markets around the world as an early sign of the major
social, political and economic role to be played by small business in the
future.
The release of the position paper titled "It's a Small Business World After
All" has been timed to coincide with the strategic plan update Webcast
scheduled for tomorrow.
Strategic Plan Update Webcast Scheduled for May 14, 2008 at 4:30 PM EDT
The Company has scheduled a Webcast for 4:30 PM EDT on May 14, 2008 to
present a strategic plan update. A link to the Webcast is available at
http://www.investorcalendar.com/IC/CEPage.asp?ID=127668. An archive of the
Webcast will be available afterward for review.
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.
"It's a Small Business World After All"
The position paper is available by contacting Investor Relations at
ir@newmarketchina.com or 214-722-3065.
China Crescent Enterprises, Inc.
The Company recently announced plans to change its corporate name to China
Crescent Enterprises, Inc. The name change is part of a company-wide
strategic update. NewMarket China reported a 36% revenue increase over 2006
from organic sales in 2007 to $40 million with an 83% net income increase.
NewMarket China has previously announced a forecasted increase in revenue
to $50 million for 2008.
Corporate Information and E-mail Updates
To be added to NewMarket China's e-mail database to receive company updates
or to obtain more information on the Company, please send an e-mail to
ir@newmarketchina.com or call 214-722-3065.
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.