-- $76 million in revenue YTD, a 20% increase over the same period last
year
-- $32.4 million in revenue reported for Q3 2008
-- $3.7 million in net income YTD, a 36% increase over the same period
last year
-- Potential management buyback
-- Q4 2008 sales update
-- Update on the current state and changing face of the PIPE Industry
-- FINRA limit order protection rule
-- SEC Forum on Small Business Capital Formation held November 20, 2008
A link to the Webcast archive is available on the Company's corporate
Website Investor Relations page at
www.newmarkettechnology.com/investor-relations.htm titled "NewMarket
Technology 3rd Quarter 2008 Financial Review" under "Current Events and
Communications."
Micros Report Research Update with Target Price of $0.24
NewMarket has been rated a Speculative Buy with a price target of $0.24 by
Micros Report in an updated research note.
Interested parties may contact ir@newmarkettechnology.com to receive a copy
of the report.
NewMarket Ranked #7 in Deloitte Texas Fast 50
NewMarket Technology recently has been named seventh in Deloitte's
prestigious Technology Fast 50 Program for Texas, a ranking of the 50
fastest growing technology, media, telecommunications, and life sciences
companies in the area by Deloitte LLP, one of the nation's leading
professional services organizations. Rankings are based on the percentage
revenue growth over five years from 2003-2007. For more information on
Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit
www.fast50.com.
Corporate E-mail Updates
To be added to NewMarket Technology's e-mail database to receive company
updates or to obtain more information on the Company, please send an e-mail
to ir@newmarkettechnology.com or call 214-722-3065.
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 Information: Contact: NewMarket Technology, Inc. Investor Relations ir@newmarkettechnology.com 214-722-3065 http://www.newmarkettechnology.com