Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc. Grows in Latin America; Providing Training for Microsoft, Novell and Computer Associates Solutions in Latin America for Over 700 Students
NewMarket Delivers Over $20 Million in Services in Latin America
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - October 26, 2007) - NewMarket Technology, Inc. (OTCBB : NMKT )
announced today that the company's regional subsidiary, RKM IT Solutions
(RKM), is providing enterprise and individual level professional training
classes for Microsoft, Novell and Computer Associates' information and
telecommunications solutions in their Technology Training Center. The
training center in NewMarket's regional subsidiary has proven to be a key
component of NewMarket's growth in Latin America. NewMarket reported $77.6
million in revenue and $5.8 million in net income in 2006 with more than
$20 million in revenue coming from South America.
Premier Latin America Training Center
With more than 700 students participating annually, RKM has provided
training for companies based in the United States, Germany, Colombia and
other Latin American countries. RKM is currently a Novell Gold Partner,
Computer Associates Premier Partner and Enterprise Learning Center and
Microsoft Gold and Large Account Reseller and Enterprise Software Advisor
(LAR/ESA) Partner. Past participants in RKM's training classes include
Abbott Venezuela, a nutritional and pharmaceuticals company, Cargill
(www.cargill.com), Banesco, one of the largest banking institutions in
Venezuela (www.banesco.com), and Excelsior Gama (www.excelsiorgama.com).
Conducted at RKM headquarters, the training classes help increase
productivity for both corporations and individuals, by teaching students
how to optimize their use of the myriad of technology solutions available
in today's marketplace. The classes, which can be customized to meet the
needs of the client, prepare students for certification testing in
technologies such as Novell and Microsoft.
RKM and NewMarket Latin America, Inc.
NewMarket Technology is currently working on consolidating RKM into the
company's recently formed regional subsidiary, NewMarket Latin America,
Inc. (PINKSHEETS : NLAI ). NewMarket Latin America focuses on systems
integration and emerging technology in Latin America and currently has
regional offices in Brazil and Chile.
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 RKM IT Solutions (www.rkmve.com)
RKM, owned by NewMarket Technology, is a sixteen-year-old systems
integration and IT outsourcing services firm recognized in Venezuela and
throughout northern South America as a leading provider of mission critical
voice, data and video network solutions, as well as systems integration and
help desk support. Clients include the Top 50 international corporations in
the country, as well as a strong presence in the Oil and Gas, Banking and
Manufacturing industry. RKM is also a regionally certified partner for
Cisco Systems, Novell, Computer Associates, IBM, Hewlett-Packard, Systimax
and Microsoft. RKM was awarded the 2003 Microsoft Infrastructure Solution
of the Year in Venezuela and has been recognized as a Microsoft Gold
Partner and now a Microsoft LAR/ESA partner. The company is expanding its
system integration and IT outsourcing services in the Caribbean, Colombia,
Ecuador, Peru and Mexico.
About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)
NewMarket Latin America is a consolidated subsidiary of NewMarket
Technology providing world class systems integration services through
relationships with technology providers such as 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 delivers 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.
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.