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Thursday August 13, 2009
NWMT NewMarket Technology, Inc. Recognized for Record Revenue Growth
as Compiled by Deloitte for the Titan Fast Tech Awards
NWMT NewMarket Technology, Inc. Recognized for Record Revenue Growth as Compiled by Deloitte for the Titan Fast Tech Awards
DALLAS, TX–(CRWENEWSwire - 08/13/09) - NewMarket Technology, Inc. (Pinksheets:NWMT) today released an on-demand Webcast presenting the Company’s offshore sales initiatives and year-to-date progress. In the past two weeks the Company has announced $2.7 million in Microsoft corporate licensing contracts through its operations in Latin America and a $30 million service contract in China. Additionally, the Webcast provides a long-term overview and 2009 outlook.
The Webcast is now available for review on the Company’s corporate website. A link to the Webcast titled ‘NewMarket Offshore Sales and Revenue Growth (August 13, 2009)’ is available on the Home page and the Investor Relations page of the NewMarket website www.newmarkettechnology.com. For assistance accessing or listening to the Webcast, please email ir@newmarkettechnology.com or call 214-722-3065.
Tech Titans Finalist
NewMarket has been named a finalist for the Metroplex Technology Business Council’s (MTBC) Tech T! itan Fas t Tech award for the fastest growing technology companies in the Dallas-Fort Worth (DFW) area as compiled by Deloitte. The North Texas area contains over 4,000 technology firms making it a very competitive arena. This is the sixth year in a row the company has been named to the Tech Titan’s list, being recognized twice as the number one fastest growing company. Additionally, NewMarket was recognized as the third fastest growing technology company in the United States in 2006. The Tech Titan Fast Tech recognizes the fastest-growing technology companies in the DFW area, based on percentage revenue growth over five years (2004 to 2008) as well as percentage revenue growth over one year (2007-2008). The Tech Titans Award Ceremony will be held Friday, August 28th. For more information on the Tech Titan awards, please visit http://www.metroplextbc.org/Events/Tech-Titans.aspx.
Corporate Information and E-mail Updates
To sign up to receive company 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 Int! egration 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 $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:
Contact:
NewMarket Technology, Inc.
Investor Relations
214-722-3065
ir@newmarkettechnology.com
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