Contact Information: Contact: NewMarket Technology, Inc. Investor Relations Tel: 214 722 3065 Email: ir@newmarkettechnology.com http://www.newmarkettechnology.com
NewMarket Technology, Inc. CEO Interviewed on CEOcast
Interview Features Emerging Market Strategy and Plans to Increase Footprint in North America as Highlighted in Recent Analyst Report
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 3, 2007) - NewMarket Technology, Inc. (OTCBB : NMKT ) today
announced CEO Philip M. Verges' recent interview with CEOcast is now
available. The interview highlights NewMarket's strong organic growth and
increasing financial maturity. Additionally, Mr. Verges discussed
NewMarket's plans to increase the Company's footprint in North America,
continued rapid growth in China and Brazil as well as expansion into
additional emerging markets.
The interview is available at www.ceocast.com, and requires free
registration.
Separately, Mike Willingham of Micros Report has initiated research
coverage of NewMarket, placing a Fair Value Target Price of $0.70 on the
stock, stating: "This $0.70 fair value estimate is assigned based upon what
NMKT has already achieved as a company in regards to their historical
profitability, historical revenue, and current book value. This estimate
does not consider the future growth of the company."
The analyst report is available in its entirety at
http://www.microsreport.com/pdf/NewMarket%20Technology%20-%20NMKT%2011302007.pdf.
To receive NewMarket updates or request information, please send an e-mail
to ir@newmarkettechnology.com.
About NewMarket Technology, Inc. (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 integration and maintenance
services to support the prevailing industry standard solutions such as
Microsoft, Oracle, 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. Some emerging technology solutions
NewMarket provides include VoIP, Broadband Wireless and Security.
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. In 2006, the company continued its rapid
growth, reporting $77.6 million in revenue with a net income of $5.8
million.
"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.