Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc. Releases YouTube Video With "Unplugged" Introduction of Company to Investment Community
An OTCBB Leader With 5 Yr. Growth From $1 Million Approaching $100 Million in Profitable Annual Revenue Takes Advantage of New Media to Reach Shareholders
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 18, 2007) - NewMarket Technology, Inc. (OTCBB : NMKT ) today
released a video on YouTube presenting an "unplugged" introduction of the
Company to the investment community. The video is the first YouTube
release in a new series of video presentations planned by NewMarket to
provide the investment community with improved, frequent insight behind the
scenes of a publicly listed small and medium business (SMB). NewMarket has
previously released videos on Company projects and events, and all videos
are available on the Company's YouTube site at
http://www.youtube.com/watch?v=AwTdlrUZ0gg.
"NewMarket Unplugged" on YouTube
NewMarket has always endeavored to go the extra mile in its communications
with the micro-cap investment community. The micro-cap market has little
media coverage, so companies are left to self-report news to the investment
community. In general, micro-cap communication channels have been limited
to press releases and public filings. NewMarket has been more proactive
utilizing detailed and extensive letters to shareholders that not only
report current events, but also go on to discuss management business
decisions under consideration, lessons learned, as well as the calculated
risks taken that have delivered positive results. NewMarket has also been
very active in presenting its investment story by getting out in front of
the investment community more frequently than the typical micro-cap listed
company. Management makes a concerted effort to schedule regular speaking
engagements across the United States and even in foreign cities. The
speaking engagements give the investment community an opportunity to judge
the capability, integrity and earnest commitment of the management team in
a way that can only be presented in person. With the advent of "New
Media," channels from blogs to video sites such as YouTube, NewMarket is
taking yet another step in its ongoing commitment to go the extra distance
in its communications with the micro-cap investment community.
NewMarket Town Hall and Emerging Markets Seminar - January 17th & 18th
NewMarket will host the Company's annual Town Hall meeting Thursday,
January 17, 2008 at 3:30 pm CST in Dallas, Texas, at the Fairmont Hotel
(http://www.fairmont.com/dallas). The Town Hall agenda will center on a
review of the Company's growth through 2007 and business plans to continue
this year's 20% sales and profit growth from organic operations into 2008.
The Company will also present its 2008 acquisition strategy expected to
augment ongoing organic sales and profit growth. The acquisition strategy
is founded on the Company's recent institutional financing which will also
be reviewed at the Town Hall.
The Town Hall meeting is an annual event providing shareholders an
opportunity to receive updates on company growth and plans for the upcoming
year and to meet company management in an interactive forum.
Separately, on Friday, January 18, 2008, NewMarket will host a seminar
focusing on emerging technologies and emerging and frontier economies. The
seminar will be an opportunity for shareholders, interested investors,
technologists and small businesses to learn more about the use of emerging
technologies and the opportunity for rapid growth within rapidly growing
economies worldwide. The seminar will focus on financing and investing for
small business in the emerging markets of Brazil, China and Africa and will
be from 8am to 5pm at the Fairmont Hotel. Look for more details in an
upcoming press release on the Emerging Market Seminar.
To RSVP to the Town Hall and Seminar or to receive more information, please
contact Whitney Marks at wmarks@newmarkettechnology.com or 214-722-3052.
Ongoing 20% Organic Sales and Profit Growth
The Company reported $63.5 million in revenue for the nine months ended
September 30, 2007 and $2.8 million in net income. Year-to-date revenue has
increased 19% compared to the same period last year and net income has
increased 21%. The fourth quarter is historically the strongest revenue and
net income period for NewMarket. Current growth is based on organic sales
from operations only and not on any acquisitions.
Award Winning Growth
The Company's rapid growth has landed NewMarket near the top of the
Deloitte Technology Fast 500 in both 2006 and 2007. After a Top Five finish
in 2006, NewMarket ranked Number Twenty-One on Deloitte's 2007 Technology
Fast 500, a ranking of the 500 fastest growing technology, media,
telecommunications and life sciences companies in North America. For 2007,
Deloitte also highlighted NewMarket as an exceptional performer for
"repeating the feat." To read the article in its entirety, go to:
http://biz.yahoo.com/prnews/071023/nytu079.html?.v=101. Rankings are based
on percentage of fiscal year revenue growth over five years, from
2002-2006. NewMarket Technology grew 7,996 percent during this period.
Research Coverage with Fair Value Target Price of $0.70 vs. Current $0.25
Micros Report recently announced initiating research coverage of NewMarket.
Michael Willingham, Micros Report Director of Research, authored a report
which includes a Fair Value Target price for NMKT of $0.70 vs. NMKT's
recent price of $0.25. Mr. Willingham has been invited review an updated
report at the Town Hall meeting taking into consideration material
transactions that occur between the time of the report and the Town Hall
meeting.
The report is available in its entirety on NewMarket's corporate website
at: http://www.newmarkettechnology.com/NMKT_MicrosReport_20071130.pdf.
Additionally, Mr. Willingham recently released a video on the report and
the video is available on YouTube at http://youtube.com/watch?v=JjG13yjGnww
or on the NewMarket YouTube site at
http://www.youtube.com/newmarkettechnology.
Recent Wall Street Transcript Interview
NewMarket CEO Philip Verges recently completed an interview with The Wall
Street Transcript. The interview is accessible in its entirety on the
Company's corporate website at
http://newmarkettechnology.com/AHJ606%20NewMarket.pdf. The Wall Street
Transcript interview covers NewMarket's technology focus in rapidly growing
global markets like China, Brazil and Africa that have generated the
company's rapid growth, now approaching $100 million in annual revenue,
resulting in NewMarket's repeated recognition by Deloitte and Touche as one
of the fastest growing technology companies in North America for four
consecutive years.
To be added to NewMarket Technology's e-mail database for shareholders and
interested investors, 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, 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. 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.