Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc. to Review Third Quarter and Year to Date Financial Performance in Webcast Scheduled for Monday, November 19, 2007 at 4:30 EST
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - November 9, 2007) - NewMarket Technology, Inc. (OTCBB : NMKT ) today
announced a webcast scheduled for 4:30 EST Monday, November 19, 2007, to
review third quarter results and year to date financial performance. The
webcast review will be conducted by CEO Philip M. Verges and CFO Philip J.
Rauch. The review will include third quarter performance for NewMarket's
independently listed subsidiary, NewMarket China, Inc. (OTCBB : NMCH ) and an
update on NewMarket's subsidiary operations in Latin America. NewMarket's
Latin American subsidiary operations are being consolidated into the
company's independently listed subsidiary NewMarket Latin America, Inc.
(PINKSHEETS : NLAI ). NewMarket China and NewMarket Technology are scheduled
to publish third quarter financial reports by November 14, 2007.
Log on details for the webcast will be available on the company's web site
on the home page under "Current Events" by Wednesday, November 14, 2007.
To be added to NewMarket's corporate e-mail list for shareholders and
interested investors, please send an e-mail to ir@newmarkettechnology.com
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, Oracle, 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. Some emerging
technology solutions NewMarket provides include VoIP, Broadband Wireless
and Security.
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.