Contact Information: Contact: NewMarket Latin America, Inc. Investor Relations 214-722-3065 ir@newmarketlatinamerica.com www.newmarketlatinamerica.com
NewMarket Latin America, Inc. Announces UniOne Oracle Project Highlights for ING Chile
CEO Recently Interviewed on Wallst.net Discussing $30 Million Revenue Goal for 2008 and More Than $20 Million in Expected Profitable Revenue From Operations in 2007
| Source: NewMarket Latin America
DALLAS, TX--(Marketwire - March 4, 2008) - NewMarket Latin America, Inc. (PINKSHEETS : NLAI )
today announced that UniOne recently completed Oracle's Hyperion
implementation for ING Chile S.A. The project has been highlighted by
Oracle on their corporate website. UniOne operates under the NewMarket
Latin America banner and is in the process of being consolidated into
NewMarket Latin America. ING Chile S.A. is part of the ING Group, a Dutch
company and international leader in financial services, with 70 branches in
Chile providing life insurance, annuities, pension, health and mortgage
financial services.
The project for ING Chile was completed by UniOne (www.unione.cl). UniOne
implemented Oracle's Hyperion Planning, Essbase and Web Analysis solutions
for ING while also helping to establish a solid IT infrastructure. UniOne
is an Oracle partner and the project has been highlighted by Oracle at
http://www.oracle.com/customers/snapshots/ing-chile-hyp-snapshot.pdf.
NewMarket Latin America is in the process of consolidating UniOne into the
Company and being brought current with its reporting requirements in order
to move back to the OTCBB. NewMarket Latin America is a U.S.-based company
headquartered in Sao Paulo, Brazil, with operations being consolidated into
the Company throughout Latin America, to make it a premier business
intelligence and systems integration firm, representing technologies from
leaders such as Microsoft and Oracle, which recently acquired Hyperion.
UniOne has major customers, both U.S.-based and regionally based, in
various sectors such as Oil and Gas, Consumer Products, Financial Services,
and Pharmaceuticals. Customers also include Apple, Avon, TAM and others. A
more extensive list of clients can be found at
http://www.unione.com.br/clientes.asp.
CEO Aubrey Brown Recently Interviewed by Wallst.net
Company CEO Aubrey Brown interviewed with Wallst.net Friday, February 29.
In the interview, Mr. Brown discussed the Company's business plan to report
an anticipated $30 million in profitable revenue in 2008. Aubrey Brown is
the president of a company headquartered in Sao Paulo, Brazil, with
operations in Chile and throughout South America that expects to achieve
over $20 million in revenue in 2007. Additionally, organic sales growth for
that company has exceeded 20% annually for the last two years. Mr. Brown is
currently managing the consolidation of that company into NewMarket Latin
America and anticipates completing that consolidation shortly after
completing an audit of the operations to be consolidated. That audit is
underway and scheduled to be completed by March 31, 2008.
To hear the interview in its entirety, go to
http://www.wallst.net/audio/audio.asp?ticker=NLAI&id=4533.
To be added to NewMarket Latin America's corporate e-mail list for
shareholders and interested investors, please send an e-mail to
ir@newmarketlatinamerica.com.
About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)
NewMarket Latin America provides world class systems integration services
through relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and
many more. NewMarket Latin America has major customers in various sectors
such as Oil and Gas, Consumer Products, Financial Services, and
Pharmaceuticals Industries.
NewMarket Latin America deliver solutions to regional customers in addition
to specializing in helping U.S. clients expand their businesses and
operations into one of the fastest growing economic regions in the world.
NewMarket Latin America has offices and operations throughout Latin
America.
NewMarket Latin America also identifies emerging technologies developed
within the region and brings those latest technologies to market worldwide.
These innovations help clients grow their businesses and gain a new
competitive advantage.
"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.