Science & Technology
Science and Technology
Science and Technology
Wed, March 18, 2009
Tue, March 17, 2009 NewMarket Technology, Inc.: NewMarket Technology, Inc.'s RKM IT Solutions Signs $1.01 Million Contract Renewal to Outsource Hel
DALLAS, TX--(Marketwire - March 17, 2009) - NewMarket Technology, Inc.'s (
Bigott Cigars ([ www.bigott.com.ve ]) is a more than 80-year-old, high-quality tobacco producer headquartered in Venezuela. Bigott controls 87% of the market share in Venezuela and markets their products to the public under the brands Belmont, Consul, Lucky Strike, Kent and Viceroy. Additionally, Bigott is the first private company in Venezuela to contribute to the state treasury and a member of the British American Tobacco Group. The British American Tobacco Group, more than 100 years old, has 81 factories in 64 countries and controls 14.6% of the world market.
RKM is a 16-year-old systems integration firm based in Venezuela. RKM is the fourth largest Microsoft Large Account Reseller in Venezuela and recently received the prestigious Associate of the Year in Advanced Infrastructure Solutions award at FOCUS 2009. Additionally, President Samuel Gamarra currently serves as Vice President of the International Association of Microsoft Certified Partners Venezuela.
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. ([ http://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.
