Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc. Ranked #5 Fastest Growing High-Tech Company in North Texas by Deloitte Sponsored Tech Titans
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - October 2, 2008) - NewMarket Technology, Inc. (OTCBB : NMKTE ) today
announced that the Company has been named the fifth fastest growing
technology company in the
Dallas-Fort Worth (DFW) area on the Metroplex Technology Business Council's
(MTBC) Tech Titan Fast 50, compiled by Deloitte. The North Texas area
contains over 4,000 technology firms making it a very competitive arena.
This is the fifth year in a row the company has been named to the Tech
Titan's list, being recognized as the number one fastest growing company
the past two years. The Company was compared to and outranked notable
technology powerhouses like Perot Systems, Alliance Data Systems and Texas
Instruments. The Tech Titan Fast 50 recognizes the 50 fastest growing
technology companies in the DFW area, based on percentage revenue growth
over five years (2003 to 2007) as well as percentage revenue growth over
one year (2006-2007). The Tech Titans Award Ceremony was held Friday,
September 26th. For more information on the Tech Titan awards, please visit
http://www.metroplextbc.org/Events/Tech-Titans.aspx.
Deloitte Technology Fast 50 and Fast 500
NewMarket will now advance to the Deloitte Texas Fast 50 and the Deloitte
Technology Fast 500 award for North America, with results expected later in
October.
Last year, NewMarket ranked number three in Texas, and number twenty-one in
North America on Deloitte's 2007 Technology Fast 500, a ranking of the 500
fastest growing technology, media, telecommunications and life sciences
companies in North America. Rankings for the 2007 Fast 500 are based on
percentage revenue growth over five years, from 2002-2006.
NewMarket grew from less than $1 million in revenue in 2001 to over $77.6
million in profitable revenue in 2005. In 2007, the company continued its
rapid growth, reporting $93.1 million in revenue with a net income of $7.3
million.
For more information on Deloitte's Technology Fast 50 or Technology Fast
500 programs, visit www.fast500.com.
Corporate Information and E-mail Updates
To be added to NewMarket Technology's e-mail database to receive company
updates or to obtain more information on the Company, please send an e-mail
to ir@newmarkettechnology.com or call 214-722-3065.
About MTBC/Tech Titans (http://www.metroplextbc.org/techtitans/index.html)
Founded in 1994 by MCI, Nortel Networks, Fujitsu, and Rockwell
International, the Metroplex Technology Business Council (MTBC) is
non-profit 501(c)(6) organization. Membership in the MTBC consists of
technology members (80 percent of membership) and provider members (20
percent of membership). Membership is open to all technology companies. The
MTBC is dedicated to fostering a supportive business environment for
technology companies and members of the technology community through
leadership, advocacy, education and cooperative initiatives.
The Tech Titans awards were launched in 2001 by the Metroplex Technology
Business Council (MTBC), North Texas' most comprehensive organization
supporting technology. The Tech Titans committee is a group of dedicated
volunteers that each year organizes the annual awards ceremony. Judges are
drawn from a variety of disciplines in technology, leaders in the area and
past winners. For more information, visit www.metroplextbc.org/techtitans.
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.