Contact Information: Contact: NewMarket Latin America, Inc. ir@newmarketlatinamerica.com 214-722-3065
NewMarket Latin America, Inc. Gaining Traction Through Microsoft and Oracle Partnerships With YTD Sales Higher Than Anticipated
| Source: NewMarket Latin America
DALLAS, TX--(Marketwire - August 12, 2008) - NewMarket Latin America, Inc. (PINKSHEETS : NLAI )
today announced that the Company is on track to meet or exceed its 2008 $30
million revenue goal. NewMarket Latin America is a systems integrator and
technology managed services provider for Latin America with headquarters in
North America. The Company also identifies emerging technologies with the
intent of bringing promising technologies to market worldwide. NewMarket
Latin America is in the process of being reorganized and is consolidating
operations in Brazil, Chile and Venezuela into the Company. With revenues
of approximately $20 million in 2007, the operations in Brazil, Chile and
Venezuela are on track to reach $30 million in revenue for 2008, in part
due to recent projects implementing technologies from Oracle and Microsoft.
Recent Microsoft and Oracle Projects in Latin America:
NewMarket Latin America, Inc. Announces UniOne's Oracle
Hyperion Project With Duke Energy Brazil
NewMarket Latin America, Inc.'s UniOne Completes Oracle Siebel
CRM Implementation for L'Oreal Brazil
NewMarket Latin America, Inc.'s UniOne Announces Oracle
Contract With Multi-Billion Dollar Obrascon Huarte Lain, S.A.
NewMarket Latin America, Inc.'s UniOne Consulting Implements
Oracle's BIEE for Brazilian Distribuidora de Medicamentos Santa Cruz
NewMarket Latin America, Inc. Announces UniOne Consulting's
Multi-Continent Contract With $10 Billion Global Mining Leader Anglo
American
NewMarket Latin America, Inc. Announces UniOne's
Completion of Oracle's Hyperion Business Intelligence Implementation for
Movistar
NewMarket Latin America, Inc. Announces UniOne Oracle Project
Highlights for ING Chile
NewMarket Latin America, Inc. Announces RKM IT Solutions'
Microsoft Annual Sales Increase of 235%
NewMarket Latin America, Inc. Announces RKM IT Solutions'
Multi-Year Microsoft Enterprise Agreement With Electricidad de Caracas
NewMarket Latin America, Inc. Announces RKM IT
Solutions' Service Expansion for Molina Agencia de Viajes Increasing
Contract Revenue by 295%
CEO Letter to Shareholders
Last week, NewMarket Latin America CEO Aubrey Brown released a letter to
shareholders discussing the Company's progress year-to-date, forecast for
2008, upgrading the Company to the Over the Counter Bulletin Board (OTCBB)
exchange and completing the consolidation of all operations into the
Company. The letter is available in its entirety at:
http://biz.yahoo.com/iw/080805/0422008.html.
Corporate E-mail Updates
To be added to NewMarket Latin America's e-mail database to receive company
updates or to obtain more information on the Company, please send an e-mail
to ir@newmarketlatinamerica.com or call 214-722-3065.
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 US 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 Latin America'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.