Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Discusses OTCQX, OTCBB and Sales Pipeline With Potential to Deliver $100 Million in Total New Sales Contracts for 2009
Company Releases Exclusive Webcast Today
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - September 25, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
has released an exclusive on-demand Webcast reviewing the Company's
year-to-date sales, a sales pipeline with the potential to deliver $100
million in total new sales contracts for 2009, as well as a possible 2009
forecast increase. The Company has reported over $43 million in profitable
revenue for the first six months of 2009 and has already announced
approximately $65 million in new sales contracts so far this year with
another $15 million potential contract that is pending. The presentation
also includes an overview of the Company's intention to apply for listing
on the OTCBB and OTCQX, where companies such as Adidas, BASF, Peugeot and
Benetton are currently listed. Among other benefits, the OTCQX
(www.otcqx.com) is considered a first step toward a NASDAQ or NYSE listing.
NewMarket is currently a fully-reporting public company with audited
financial reports filed with the SEC and available for public review.
In addition to providing an overview on YTD sales and an upgraded listing,
the Company has also provided an overview of recent partnerships with
Alternet Systems, Inc. (OTCBB : ALYI ) and NuMobile, Inc. (OTCBB : NUBL ) to
provide mobile payment and smartphone technology solutions. Finally, the
Webcast further reviews the Company's recognition by a number of programs
tracking technology sales to include the Deloitte Fast 500, the Microsoft
Partner Program and Software Magazine's Annual Software 500.
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.