Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com
NewMarket Technology, Inc. to Review First Revenue and Public Listing of African Greenfield Partner Anticipated in 2010 in Webcast December 22nd
| Source: NewMarket Technology, Inc.
DALLAS, TX--(Marketwire - December 18, 2009) - NewMarket Technology, Inc. (PINKSHEETS : NWMT ) is
scheduled to release an exclusive Webcast Tuesday, December 22, 2009, to
present a Greenfield Partnership Program update for initiatives in East
Africa. NewMarket Technology and its Greenfield program have been
developing business opportunities in Kenya as well as targeting
opportunities in the surrounding emerging economies in East Africa. Since
the NewMarket Greenfield Partner Trade Mission in October, the East African
initiatives have gained momentum, including pending contracts and a
partnership anticipated to be finalized soon with an OTCBB listed company
that will be dedicated to East African business development. The Greenfield
Partnership Program is an initiative launched by NewMarket Technology, Inc.
to foster the development of innovative technologies and the introduction
of those technologies to the global marketplace.
NewMarket Targets Telecommunications and Technology Market in Africa
NewMarket is a twelve-year-old, global systems integrator and emerging
technology provider with operations in Asia, Latin America and North
America. NewMarket began exploring technology expansion opportunities in
East Africa in 2007 as an extension to the Company's established operations
in the growing economies in Asia and Latin America.
NewMarket conducted a Trade Mission to Kenya in October of this year. The
Trade Mission to Kenya was focused on business development in East Africa
for the Company's systems integration services and emerging technology
offerings, to include infrastructure, technology and services in the area
of wireless connectivity and mobility computing.
White Paper on Investment in East Africa
In conjunction with the Trade Mission, NewMarket released a White Paper on
investment in East Africa titled 'African Investment: Kenya and Beyond.'
For a copy of the White Paper, please email the Company at
info@newmarkettechnology.com or call 214-722-3065.
A link to the Webcast is scheduled to be published on the NewMarket
corporate website upon release next Tuesday.
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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.