Contact Information: Contacts Maureen Park Everything Channel (516) 562-5942 maureen.park@ec.ubm.com Investor Relations NewMarket Technology, Inc. 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. Recognized on the Everything Channel Fast Growth 50 Up-And-Comers for Growth to $95 Million in 2008 Revenue
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - October 26, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT ), a
global technology systems integrator and service provider, today announced
that it has been recognized by Everything Channel on the Fast Growth
50 Up-And-Comers list, an exclusive list of technology integrators, VARs,
resellers and consultants that have experienced above-average sales growth.
Everything Channel, a division of United Business Media, recently announced
the Fast Growth 50 Up-And-Comers at the 2009 CRN Fast Growth 100 Conference
& Awards, which took place at the Sir Francis Drake Hotel in San Francisco.
The CRN Fast Growth Conference was a one-day executive conference that
brought together top channel executives with the fastest-growing solution
provider organizations in North America.
NewMarket has grown from less than $1 million in revenue in 2002 to over
$95 million in revenue in 2008. NewMarket is a global systems integrator
with operations in China, Southeast Asia, Latin America, and North America.
In the different regions of the globe it operates, NewMarket sells,
installs and supports technologies from leading technology providers such
as Microsoft, Oracle, and HP as well as some lesser known, but leading-edge
emerging technology.
"We are honored to be recognized by Everything Channel for our sales growth
in the technology integration and VAR market," stated Philip M. Verges, CEO
of NewMarket Technology. "Our focus on technology needs in the
fast-growing, emerging markets around the world has driven our rapid
growth. We plan to continue aggressive growth into 2010 and beyond as we
continue to develop our established operations in North America, Asia and
Latin America and expand to the African continent."
Robert C. DeMarzo, senior vice president and editorial director for
Everything Channel, said, "The companies that are included on this list are
channel industry leaders. They offer business-oriented IT consulting and
work closely with their customers to integrate multivendor IT solutions as
well as cutting-edge technologies. In addition, they understand the
importance of strong sales philosophies."
The Fast Growth 50 Up-And-Comers is a listing of IT solution providers that
experienced above-average sales growth between 2006 and 2008. This
exclusive group includes companies that reported revenue increases of
between 20 percent and 54 percent.
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.
About Everything Channel (www.everythingchannel.com, www.channelweb.com)
Everything Channel is the one-stop shop for managing and accelerating
technology sales. From branding and recruiting to marketing and sales,
Everything Channel offers technology marketers the unmatched breadth and
depth of global brands and market intelligence combined with unparalleled
audience loyalty and credibility serving all technology sales channels
through an extensive database. Everything Channel provides innovative
field sales and marketing solutions to arm the sellers of technology with
the resources they need to achieve measurable and significant results.
About United Business Media Limited (www.unitedbusinessmedia.com)
UBM (UBM.L) focuses on two principal activities: worldwide information
distribution, targeting and monitoring; and, the development and
monetization of B2B communities and markets. UBM's businesses inform
markets and serve professional commercial communities -- from doctors to
game developers, from journalists to jewelry traders, from farmers to
pharmacists -- with integrated events, online, print and business
information products. Our 6,500 staff in more than 30 countries are
organized into specialist teams that serve these communities, bringing
buyers and sellers together, helping them to do business and their markets
to work effectively and efficiently.
"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.