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Top Stocks For 2012-1-23-18

NWMT, NewMarket Technology, Inc., NWMT.PK

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NewMarket Technology, Inc. to Webcast Update and Outlook With $100 Million

Profitable Revenue Forecast, Recent Microsoft Contracts and

$63 Million in New Business

 

Friday August 28, 2009

NewMarket Technology, Inc. to Webcast Update and Outlook With $100 Million Profitable Revenue Forecast, Recent Microsoft Contracts and $63 Million in New Business

-Retired Major General Hugh Robinson, Board Member and Former Chairman of the Dallas Federal Reserve, to Host Tuesday, September 1st Webcast -

DALLAS, TX–(CRWENEWSWIRE - 08/28/09) - NewMarket Technology, Inc. (Pinksheets:NWMT) is a reporting company with audited financial reports filed with the SEC. On Tuesday September 1st, Board Member Hugh G. Robinson, Retired Major General and Former Chairman of the Dallas Federal Reserve, is scheduled to host a strategic update in an on-demand Webcast. The Webcast will include a review of the Company’s $95 million in revenue in 2008, $100 profitable revenue forecast, recent Microsoft contracts and $63 million in new business.

Earlier this week, NewMarket announced a three-year, $33 million outsourcing agreement with WBA (Wireless Broadband Access) Telecommunications, S.A. of Bogota, Colombia. This is NewMarket’s second major outsourcing agreement signed this year. NewMarket previously announced a similar agreement in Shanghai, China earlier this year for $30 million. A link for accessing the on-demand Webcast is scheduled to be available on the Company’s website Tuesday, September 1.

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 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.

Contact:
NewMarket Technology, Inc.
Investor Relations
214-722-3065
ir@newmarkettechnology.com

Source: NewMarket Technology, Inc.

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