Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc. Subsidiary, RKM IT Solutions, Increased Microsoft Sales 345% in Second Half of 2007 in Latin America
RKM President to Participate in Town Hall Meeting Thursday, January 17
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - January 15, 2008) - NewMarket Technology, Inc. (OTCBB : NMKT )
announced today that their Latin American regional subsidiary, RKM IT
Solutions (RKM) Microsoft sales increased 345% in their region over the
same period in the prior year due in part to the company's recent upgrade
to Microsoft Large Account Reseller and Enterprise Software Advisor
(LAR/ESA) partner status from Gold Partner. The period tracked was from
July 2007 to December 2007 compared to July 2006 to December 2006.
Additionally, RKM exceeded their Microsoft sales quota by 159% from July to
September 2007, and by 287% from October to December 2007. RKM's existing
customer base provided the majority of the increase in sales. RKM now
plans to further increase sales by expanding the company's customer base.
As part of this overall increase in Microsoft partner program sales, RKM
recently announced the sale of a corporate Microsoft License for Servers
and Workstations to Banplus EAP of Venezuela. Banplus (www.banplus.com), an
existing customer of RKM's, is a commercial bank that targets servicing
small to medium companies. PC World of Venezuela has highlighted Banplus
Technology supported by RKM:
http://www.pcworld.com.ve/n111/articulos/clubcios.html. Readers can
translate this article and the Banplus website for free using AltaVista's
Babelfish translation tool: http://babelfish.altavista.com/.
RKM's Microsoft Partner Upgrade
Earlier this year, RKM's Microsoft partner status was upgraded to a LAR/ESA
from Gold Partner. LAR/ESA Partners significantly expand Microsoft's reach
both geographically and to the rapidly growing category of Mid-Market and
corporate customers. This recent partnership allows RKM to significantly
extend its existing Microsoft Gold partnership to offer high volume
licensing, specifically "Enterprise Agreement" (EA) and "Select" for
companies with more than 250 PCs and support services to large enterprise
and institutional customers. Prior to their selection to the LAR/ESA
Partner program, RKM has been a Microsoft Gold Partner since 2001, winning
the 2003 Microsoft Infrastructure Solution of the Year award in Venezuela.
NewMarket's 4th Quarter 2007 Sales Momentum
Separately, NewMarket announced approximately $7.5 million in contracts
from their Latin American and North America operations, including $1.2
million from North America, $5.5 million from Brazil and $820,000 from
Venezuela in late 2007. NewMarket traditionally has experienced very strong
sales in the fourth quarter.
NewMarket Technology Annual Town Hall Meeting - This Thursday, January 17th
RKM President Samuel Gamarra will be in Dallas for the Annual Town Hall
Meeting this Thursday, January 17, 2008 at 3:30 pm CST at the Fairmont
Hotel. The Town Hall will review the Company's organic growth in 2007
approaching $100 million in profitable annual revenue after reporting $77
million in annual revenue for 2006. The meeting agenda will focus on
NewMarket's aggressive growth plans for 2008 and beyond. 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 ).
NY Times Bestseller Dan Sanders Keynote Speaker at Emerging and Frontier
Market Seminar on Brazil, China and Africa - This Friday, January 18th
The Emerging and Frontier Market Seminar, which will take place this
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.
Dan Sanders, author of New York Times and USA Today National Bestseller,
"Built to Serve" will be the Keynote Speaker for the seminar. Sanders
currently serves as CEO of United Supermarkets, a 91-year-old,
billion-dollar chain of family-owned grocery stores. Sanders believes the
"global business culture is broken" and can be fixed by creating long-term
sustainability through investing in all the company's stakeholders.
Free Registration for January 17-18, 2008 at www.nmktevents.com
Interested attendees can find more details on the events and register
online at www.nmktevents.com. Registration and attendance is free for both
events. Attendees are encouraged to register early as space is limited.
Corporate Email Updates
To be added to NewMarket Technology's e-mail database to receive company
updates, 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 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 deliver 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.