Contact Information: Contact: NewMarket Technology, Inc. Investor Relations ir@newmarkettechnology.com 214-722-3065 http://www.newmarkettechnology.com
NewMarket Technology, Inc. Releases White Paper Discussing Economic Changes in a Global Financial Crisis
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - February 4, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NMKT )
today released a white paper written by the Company's CEO, Philip M.
Verges. The paper, mentioned in the Company's recent Virtual Town Hall,
discusses the evolution of the economy during the global financial crisis.
The primary purpose of the paper is to highlight the underlying strengths
within the domestic and global economy that have been overlooked by the
financial industry.
The paper discusses the growth of market segmentation, as small businesses
have grown to fill both the ever increasing diversity of consumer demands,
and the demands of large businesses seeking to outsource to reduce costs.
Today, the majority of the global GDP comes from the small business sector
while Wall Street continues to invest in the declining fortune of the
Fortune 500. Per the paper, the financial markets will shift away from a
concentration on long-term capital appreciation in mega corporations and
overleveraged debt transactions. Alternatively, as the paper discusses, a
New Wall Street must move toward shorter horizon milestone investments in
multiple small businesses task organized to deliver segmented market
solutions.
For a copy of the white paper, email ir@newmarkettechnology.com or call
214-722-3065.
Virtual Town Hall Now Available on Corporate Website
NewMarket recently released its 2008 Virtual Town Hall. Each year the
Company hosts a Town Hall meeting to review the previous year's results, to
preview the Company's plans for the year ahead and outline plans to evolve
the Company's growth strategy while adopting lessons learned.
In the past, the Company has hosted meetings in Dallas, Boca Raton, and New
Orleans. This year, the Company produced a Virtual Town Hall meeting that
is now available online to interested viewers on their own schedule and
from their own location. The Town Hall features the Company's operational
strengths, demonstrated by the projected historically high 2008 revenue,
and profit performance. During the Town Hall, the Company outlines plans to
build on its operational strengths to realize continued growth, even in the
face of a difficult economy.
The Virtual Town Hall is presented in four segments allowing viewers to
select all segments or only those on topics of their interest. The segments
are an Introduction, the 2009 Preview, the Greenfield Strategy and the
Economic Evolution. The videos can be accessed from NewMarket's corporate
website at: http://www.newmarkettechnology.com/media.htm or by going to
http://www.wallstreethdtv.com/view_iroadshows.php
Corporate E-mail Updates
To be added to NewMarket Technology's e-mail database to receive company
updates or to obtain more information on the Company, please send an e-mail
to ir@newmarkettechnology.com or call 214-722-3065.
About NewMarket Technology, Inc. (http://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 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.