Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com
NewMarket Technology, Inc.'s Brazilian Subsidiary, UniOne, Reports 30 New Contracts Totaling Approximately $5.5 Million
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 6, 2007) - NewMarket Technology, Inc. (OTCBB : NMKT )
announced today that their Brazilian subsidiary, UniOne
(www.unione.com.br), has signed 30 new contracts in Brazil totaling
approximately $5.5 million from August 1, 2007 to November 30, 2007. These
contracts only represent new contracts and do not include revenue being
realized from existing contracts. The contracts consist of consulting
contracts totaling an estimated $2.7 million, outsourcing contracts
totaling an estimated $2.4 million and software licenses, maintenance and
factory contracts totaling an estimated $418,000.
UniOne is a premier business intelligence and systems integration firm in
Latin America representing technologies from industry leaders such as
Microsoft, SSA Global, Oracle and Hyperion. UniOne has major customers,
both U.S.-based and regionally based, in various sectors such as Oil and
Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries.
Customers include Avon, Melitta, TAM and others. A more extensive list of
clients can be found at http://www.unione.com.br/clientes.htm.
Separately, NewMarket recently announced a large Help Desk contract renewal
worth estimated at $820,000 in Latin America
(http://biz.yahoo.com/iw/071205/0336325.html) and two new North American
contracts worth $1.2 million in revenue expected to be realized in the
fourth quarter of 2007 (http://biz.yahoo.com/iw/071127/0332734.html).
NewMarket traditionally has experienced very strong sales in the fourth
quarter.
Unione and NewMarket Latin America, Inc.
NewMarket Technology is currently working on consolidating the Company's
Latin American operations into the company's recently formed regional
subsidiary, NewMarket Latin America, Inc. (PINKSHEETS : NLAI ). NewMarket
Latin America focuses on systems integration and emerging technology in
Latin America.
To be added to NewMarket Technology's e-mail database for shareholders and
interested investors, please send an e-mail to ir@newmarkettechnology.com.
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.
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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
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