Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc. Announces Webcast Today at 12:30 EDT to Review Recent Ticker Symbol and Quotation System Change
Webcast to Include Recent Deloitte Recognition and Operational Overview Toward $120 Million 2008 Revenue Forecast
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - October 8, 2008) - NewMarket Technology, Inc. (PINKSHEETS : NMKT )
CEO Philip M. Verges will conduct a Webcast today at 12:30 pm EDT. During
the Webcast, Mr. Verges will discuss the recent ticker symbol change back
to 'NMKT' and FINRA's actions that have resulted in the Company's move to
a new quotation system. He will also give an operational overview, to
include recent Deloitte recognition and the Company's year-to-date progress
towards achieving its $120 million revenue goal.
A link to the Webcast is available on the Company's corporate Website
Investor Relations page at
www.newmarkettechnology.com/investor-relations.htm titled "NewMarket
Technology Corporate Update" under "Current Events and Communications."
To View a Current NewMarket Stock Price or Execute a Trade
To view a current price or execute a trade using Internet software (i.e.
Yahoo!, Google, E*TRADE, or Quotestream), the new ticker symbol 'NMKT' will
have to be entered. Since computer-based systems are not all being updated
simultaneously, entering 'NMKTE' instead of 'NMKT' will deliver
unpredictable results depending on the specific Internet software.
NewMarket to Remain Fully Compliant with SEC Reporting Regulations
NewMarket is a fully reporting company in accordance with the periodic
financial reporting requirements of the United States Securities and
Exchange Commission (SEC). The Company's filings are available free of
charge at www.sec.gov. The Company is committed to ongoing full financial
reporting both for the sake of transparency, but also in a continuing
effort to graduate to a national exchange.
Corporate 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 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.