Contact Information: Contact: NewMarket Technology, Inc. Investor Relations ir@newmarkettechnology.com 214-722-3065 www.newmarkettechnology.com
NewMarket Technology, Inc. CFO Philip J. Rauch to Present at Small-Cap Discovery Conference on Tuesday, June 17, 2008
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - June 12, 2008) - NewMarket Technology, Inc. (OTCBB : NMKT ) today
announced that Chief Financial Officer Philip J. Rauch will be presenting
to money managers, analysts, and other market professionals at Wall Street
Reporter's upcoming Small-Cap Discovery Conference on June 17, 2008 in New
York City at the Harvard Club.
Mr. Rauch will discuss the Company's recently announced plans for $100
million in recurring revenue contracts by year end
(http://biz.yahoo.com/iw/080609/0405064.html), recent management and
corporate realignment, plans for continued 20% organic growth and expansion
into additional emerging markets. The Company reported $93.1 million in
revenue in 2007 with $7.3 million in net income.
The conference is open to the public, however seating is limited, so
pre-registration is required. For more information or to register for the
conference, please go to http://www.wallstreetreporter.com/sdc/.
Recent Corporate and Management Realignment Webcast
Earlier this week, NewMarket management conducted a Webcast outlining the
Company's corporate and management realignment plans. The Webcast is
available in its entirety by going to http://biz.yahoo.com/cc/4/93884.html.
Corporate E-mail Updates
To be added to NewMarket Technology's e-mail database to receive company
updates or to obtain more information on the Company, please send an e-mail
to ir@newmarkettechnology.com or call 214-722-3065.
About Wall Street Reporter
Wall Street Reporter (Est. 1843) is the premier source of investment
information on global public companies in high-growth sectors. Through its
magazines, special reports, website, and conferences, WSR presents unique
opportunities for discovering stocks before they appear on the radar of
Wall Street. Visitors to its website, http://www.wallstreetreporter.com,
can listen to and view exclusive audio and video from an extensive library
of CEO interviews, analyst roundtables, and conference webcast
presentations, as well as subscribe to WSR's "Smart Money Alert" -- a
weekly update of stock picks and timely market insights from top analysts
and stock gurus.
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 systems integration and
maintenance services to support the prevailing industry standard solutions
from companies such as Microsoft, Oracle, Infor, 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.
The company has continued its rapid growth, reporting $77.6 million in
revenue with a net income of $5.8 million in 2006 and most recently $93.1
million in revenue with a net income of $7.3 million in 2007.
"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.