Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Announces $5.2 Million in Long-Term Microsoft Solution Sales for 2009
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - September 30, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
and its subsidiaries have focused on shifting the Company's revenue base
from short-term, project-based contracts to long-term managed services
contracts. This year, NewMarket's Microsoft Solution Provider subsidiary
in South America has announced approximately $5.2 million in total
long-term Microsoft solution sales, including an announcement made today on
$2.5 million in new business. NewMarket also has operations in China,
Southeast Asia and North America and reported over $95 million in revenue
for 2008.
Sales Pipeline Webcast Available On-Demand
NewMarket has recently announced it expects record sales in 2009 with the
potential for $100 million in total contracts. The Company recently
released an exclusive on-demand Webcast reviewing its year-to-date sales
and a sales pipeline. A link to the Webcast titled 'NewMarket Sales
Pipeline and Revenue Update Webcast' is available on both the corporate
website homepage and investor relations page at
www.newmarkettechnology.com.
Corporate Information and E-mail Updates
To sign up to receive email updates or to obtain more information on the
Company, please visit www.newmarkettechnology.com.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket is a reporting company with audited financial reports filed with
the SEC. NewMarket provides systems integration, technology infrastructure
services and emerging technology worldwide. NewMarket has a focus on
providing technology and support services to rapidly growing economies
where technology purchasing is on the rise. In addition to its base of
operations in North America, NewMarket has operations today in the growing
economies of China, Southeast Asia, Brazil and Northern Latin America. Last
year the Company reported over $40 million in revenue from Asia and over
$20 million in revenue from Latin America. Overall, NewMarket reported over
$95 million in revenue for 2008.
Across the globe, NewMarket is a Microsoft and Oracle partner, distributes
various computer hardware and peripherals from brand partners such as Dell,
HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized
reseller of operating systems and various software from companies such as
Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company
works with emerging technologies such as mobile computing, various security
and wireless broadband technologies.
NewMarket's rapid growth since 2002 has placed the Company on the Deloitte
Technology Fast 500 for 5 consecutive years. NewMarket was recognized as
the third fastest growing technology company in the United States in 2006
and the number one fastest growing technology company in North Texas for
two years in a row.
"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.