Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Announces 2010 World's Fair China Trade Mission to Present Greenfield Investment Opportunities and Visit Current $40 Million Operation
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 9, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
today announced a Trade Mission to China in conjunction with the 2010
World's Fair being held in Shanghai, China. The purpose of the Trade
Mission will be to present Greenfield investment opportunities. NewMarket
introduced its Greenfield Partnership Program earlier this year to
facilitate the growth of early stage technology companies, such as
NuMobile, Inc. (OTCBB : NUBL ) which is scheduled to be included on the Trade
Mission agenda. In addition to Trade Mission participants having the
opportunity to participate in World's Fair events and to review Greenfield
investment opportunities, Trade Mission participants will also have the
opportunity to visit NewMarket's operations in China.
NewMarket's Operation in China: $30 Million Revenue Reported YTD, Record
Net Income, Microsoft and Oracle Technologies and Growing
NewMarket's subsidiary operation in China is a systems integration service
provider that markets technology outsourcing services that include the sale
and service of brand name technologies such as Microsoft, Oracle, Cisco,
IBM, HP and Dell. The operation in China reported over $40 million in
annual revenue in both 2007 and 2008, and recently reported $30 million in
revenue through the first nine months of the year ending September 30,
2009, with record net income of $1.8 million.
NewMarket provides systems integration services, to include technology
reseller, customization, integration, and support services, in Southeast
Asia, Latin America and North America, as well as China, and is actively
expanding its business services into the growing markets of East Africa. In
2008, NewMarket reported $95 million in global revenue and has forecasted
profitable revenue growth in 2009 compared to 2008.
Trade Mission Sign Up
NewMarket has hosted several Trade Missions to China. To be added to the
list of investors interested in joining the trade mission, please email
trademission@newmarkettechnology.com.
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register to receive these communications directly on the corporate website
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About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket is a reporting company with audited financial reports filed with
the SEC. NewMarket provides systems integration, technology infrastructure
services and emerging technology worldwide. NewMarket has a focus on
providing technology and support services to rapidly growing economies
where technology purchasing is on the rise. In addition to its base of
operations in North America, NewMarket has operations today in the growing
economies of China, Southeast Asia, Brazil and Northern Latin America. Last
year the Company reported over $40 million in revenue from Asia and over
$20 million in revenue from Latin America. Overall, NewMarket reported over
$95 million in revenue for 2008.
Across the globe, NewMarket is a Microsoft and Oracle partner, distributes
various computer hardware and peripherals from brand partners such as Dell,
HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized
reseller of operating systems and various software from companies such as
Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company
works with emerging technologies such as mobile computing, various security
and wireless broadband technologies.
NewMarket's rapid growth since 2002 has placed the Company on the Deloitte
Technology Fast 500 for 5 consecutive years. NewMarket was recognized as
the third fastest growing technology company in the United States in 2006
and the number one fastest growing technology company in North Texas for
two years in a row.
"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.