Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Announces Greenfield Partnership Presentation on Emerging Technology in Growing World Markets
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - October 1, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT )
today announced an on-demand Webcast highlighting the Company's Greenfield
program and its participating companies. NewMarket started the Greenfield
partnership program to accelerate the introduction of new technologies into
emerging markets around the world where technology buying is on the rise,
while improving return on investment (ROI) potential. Companies currently
participating in the program include China Crescent Enterprises, Inc.
(OTCBB : CCTR ), NuMobile, Inc. (OTCBB : NUBL ) and Alternet Systems, Inc.
(OTCBB : ALYI ). These companies were chosen to participate in the
partnership program based on their technology and service offerings in
conjunction with the emerging geographic markets in which they currently
participate, such as China, Latin America and East Africa.
China Crescent Enterprises, Inc.
China Crescent is a technology systems integrator and value added reseller
of major global hardware brands, such as Dell and HP, in the Chinese
domestic market. China Crescent has already grown its Chinese business to
over $40 million in revenue annually and has a focus on the growing markets
in second-tier cities, rural markets, and small-to-medium enterprises
(SMEs) for expanding the Company's presence in China. Additionally, the
Company has plans for expansion into the growing markets of Southeast Asia
and East Africa to capitalize on the technology and technical
infrastructure needs of those regions as they continue to develop.
NuMobile, Inc.
Earlier this year NuMobile implemented an aggressive roll-up to build its
portfolio of security and software solutions for the mobile computing and
smartphone marketplace. The Company recently announced the acquisition of
Enhance Network Communication, Inc. Enhance has developed a proprietary
large enterprise network security technology designed for managing the
unique information management requirements of network-delivered government
services. NuMobile has partnerships to enter the markets of China, Latin
America and East Africa.
Alternet Systems, Inc.
Alternet's solutions focus on effective and profitable mobile payment and
m-commerce systems and solutions that tie together telecom operators,
financial institutions, and payees such as mass public transportation and
utility providers. With the majority of the population in emerging markets
belonging to the "unbanked" sector, mobile banking opens up a major
opportunity to deliver financial services to a rapidly growing subscriber
base. Penetration of mobile services around the world has increased
rapidly, with the subscriber base worldwide growing from just over 11
million mobile phone users in 1990 to over 3 billion in 2008. Growth is
particularly impressive in developing economies. With only 1 billion bank
accounts worldwide and close to 4 billion mobile phone subscribers, both
mobile network operators and financial institutions recognize the value
proposition in offering mobile financial services. Alternet is currently
focused on providing its service offerings to the Latin American
marketplace.
A link to the Webcast titled 'Greenfield Program Presentation' is available
on the partners' websites at www.numobileinc.com and www.chinacrescent.com
and will be available on the NewMarket website soon.
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.