Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc. Presents Emerging Market Strategy in New York on Plan to Reach $100 Million in Revenue After Reporting $77.6 Million in 2006
Presentation Available on NewMarket Website
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - October 22, 2007) - NewMarket Technology, Inc. (OTCBB : NMKT ) and its
subsidiaries, NewMarket Latin America, Inc. (PINKSHEETS : NLAI ) and
NewMarket China, Inc. (OTCBB : NMCH ), were featured at the Wallst.net Wealth
Expo in New York City, Friday, October 19 through Sunday, October 21. The
Wealth Expo (www.thewealthexpo.com), which was held at the Jacob K. Javits
Convention Center, brought micro-cap and small cap companies and investors
together in a
three-day conference.
Emerging Market Strategy to Reach $100 Million in Revenue
Mr. Bruce Noller, NewMarket's Director of Operations, presented at the
Wealth Expo on the Company's emerging market strategy on Saturday.
NewMarket reported $77.6 million in revenue in 2006 with $5.8 million in
net income. More than half the Company's sales come from emerging markets,
primarily in China and South America. The Company's revenue objective for
2007 is $100 million. The presentation is now available on the company
website at http://www.newmarkettechnology.com/media.htm under Multimedia
and Presentations.
A brief YouTube video is also available highlighting NewMarket at the
conference, along with other recent videos, at
http://www.youtube.com/user/newmarkettechnology.
Former U.S. Federal Reserve Chairman Alan Greenspan on Emerging Markets
With rapid economic growth in developing economic regions such as China,
emerging markets continue to gain investment community attention. Former
U.S. Federal Reserve Chairman Alan Greenspan commented on the emerging
market sector delivering the annual Per Jacobson Foundation lecture. His
comments are featured today by EmergingMarkets.org at:
http://www.emergingmarkets.org/article.asp?ArticleID=1463780&CategoryID=190
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, 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 Five 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.