Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Builds Greenfield Partnerships With Virtual Health Technologies, Inc. and Alternet Systems, Inc.
First Greenfield Partnership Recently Announced With Phoenix Interests, Inc.
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - May 5, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NMKT )
today announced Virtual Health Technologies, Inc. (OTCBB : VHGI ) and
Alternet Systems, Inc. (OTCBB : ALYI ) as the next partners in NewMarket's
Greenfield program. NewMarket recently launched its Greenfield program
announcing Phoenix Interests, Inc. (OTCBB : PXITE ) as its first Greenfield
partner.
http://finance.yahoo.com/news/NewMarket-Technology-Inc-iw-15055230.html
NewMarket introduced its Greenfield program earlier this year to accelerate
the introduction of new technologies into new markets. NewMarket has an
established sales force and full lifecycle technology service operations in
North and South America as well as China and Southeast Asia. NewMarket's
Greenfield program is designed to improve the return on investment (ROI)
potential of emerging technology and emerging market business initiatives.
The Greenfield program combines NewMarket's emerging market and emerging
technology experience and resources with the micro-equity investment
platform of companies such as Virtual Health Technologies and Alternet
Systems.
On Thursday, May 7th, NewMarket will release an on-demand Webcast to
present more information on the Greenfield partnerships being built with
Virtual Health Technologies and Alternet Systems. A link to the Webcast
will be available for viewing on-demand on the NewMarket website's Investor
Relations page at http://www.newmarkettechnology.com/investor-relations.htm
under Current Events and Communications.
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updates or to obtain more information on the Company, please send an e-mail
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About Virtual Health (www.virtualhealthtechnologies.com)
VirtualHealth Technologies, Inc. is committed to being the leader in the
development and distribution of next generation solutions that connect
healthcare providers to the rest of their community securely and
efficiently. VirtualHealth's foundation is based on years of experience in
providing highly sophisticated technology solutions to its existing medical
customers and has branched out to include the pharmaceutical industry, as
well as State and Federal Regulatory Agencies. VirtualHealth Technologies,
Inc. is headquartered in Lexington, Kentucky, with offices in Texas,
Georgia and Florida. For more information, visit
www.virtualhealthtechnologies.com
About Alternet Systems, Inc. (www.alternetsystems.com)
Alternet Systems, Inc. (OTCBB : ALYI ) provides: telecommunications services;
education and health-care application software and systems; and electronic
transaction platforms for the mass transportation and utility markets.
Alternet Systems, Inc. is a U.S. corporation headquartered in Miami,
Florida.
About Phoenix Interests, Inc.
Phoenix Interests, Inc., recently implemented a mobility software strategy,
acquired its first mobility software operation and announced a
corresponding name change to NuMobile, Inc. Phoenix anticipates updating
its public filings to bring the Company back into compliance with the SEC
and the OTCBB. Subsequently, the ticker symbol will return to PXIT.
Phoenix's first acquisition was Stonewall Networks, Inc.
(www.stonewallnetworks.com). Products from Stonewall Networks will provide
a security backbone for Phoenix's new mobile solutions strategy. Stonewall
Networks has developed a proprietary software solution for mobile network
security, including an innovative security policy management product for
enterprise customers.
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.