Contact Information: Contact: NewMarket Technology, Inc. Investor Relations, 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc. Releases YouTube Video on Public Signing Ceremony for Municipal Wireless Broadband Contract in Brazil
Wireless Project to Deliver Broadband Connectivity to Curitiba University in Parana and Surrounding Neighborhoods
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 24, 2007) - NewMarket Technology, Inc. (OTCBB : NMKT ) today
released a YouTube video on the public signing ceremony that was held in
Curitiba, Brazil to formalize the previously announced contract with
Associcao Paranaense De Cultura (APC) to deliver a municipal broadband
wireless solution to Curitiba University (www.pucpr.br) and the
surrounding neighborhoods. The APC (www.apc.com.br) is a Brazilian Company
that manages universities, hospitals and radio stations.
The contract between APC and NewMarket is intended to build the Curitiba
solution as a pilot to be subsequently expanded to additional cities
throughout the Brazilian state of Parana. Curitiba is the largest city in
Southern Brazil with a population estimated at over 3.5 million and is the
capital of the state of Parana (http://en.wikipedia.org/wiki/Curitiba).
Additionally, Brazil's telecom regulator Anatel recently approved
regulations to permit 5,561 Brazilian municipalities to offer Wi-Fi
internet access.
The video is titled "NMKT - APC Curitiba Signing Ceremony for Municipal
Wireless " and is now available on the Company's YouTube site at
http://www.youtube.com/newmarkettechnology.
"Curitiba is known throughout Brazil as a leading city of innovation," said
Bruce Noller, NewMarket Managing Director of Operations. "The City has won
numerous awards for its public transportation system as well as the overall
municipal planning. Nowhere is this spirit of innovation stronger than
right here among the university executives and administration. This pilot
project here in Curitiba will provide a proof-of-concept for multiple
wireless broadband delivered applications delivering a host of community
benefits."
NewMarket and APC have worked closely with Companhia Paranaense de Energia
(COPEL) www.copel.com, the local provider of Electricity and
Telecommunications. Frank Romanoski (NewMarket Latin America Board Member)
said "COPEL has contributed notably to the realization of this contract in
Curitiba, and we are grateful for their contributions. COPEL will be a
cornerstone in the expansion of the Curitiba solution to additional cities
throughout Parana. COPEL sees the wireless broadband solution as a
platform for delivering new technologies solutions under development at
COPEL to home and business customers."
The project is scheduled to be completed by February 29th, 2008.
Register Now (www.nmktevents.com) for the Upcoming NewMarket Annual Town
Hall and Emerging and Frontier Market Seminar January 17-18, 2008 in
Dallas, Texas.
NewMarket Technology will be holding its Annual Town Hall for Shareholders
and an Emerging and Frontier Market Seminar on Brazil, China and Africa on
Thursday and Friday January 17-18, 2008, at the Fairmont Hotel
(http://www.fairmont.com/dallas) in Dallas.
Interested attendees can find more details on the events and register
online at www.nmktevents.com. Registration is free for both events.
Attendees are encouraged to register early as space is limited.
The annual Town Hall meeting, which will take place Thursday, January 17,
2008 at 3:30 pm CST at the Fairmont Hotel in Dallas, is an annual event
providing shareholders an opportunity to receive updates on company growth
and plans for the upcoming year and to meet company management in an
interactive forum. The Town Hall will also include a review of the
Company's subsidiaries, NewMarket China, Inc. (OTCBB : NMCH ) and NewMarket
Latin America, Inc. (PINKSHEETS : NLAI ).
The Emerging and Frontier Market Seminar, which will take place Friday,
January 18, 2008 from 8am - 5pm CST at the Fairmont Hotel in Dallas, will
be an opportunity for shareholders, investors, technologists, entrepreneurs
and small businesses to learn more about the opportunity for rapid growth
within rapidly growing economies worldwide. The seminar will focus on
financing and investing for small business and technology in global
emerging markets, with a special focus on Brazil, China and Africa.
Corporate Email Updates
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updates, 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, 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.