Science & Technology
Science and Technology
Science and Technology
Fri, September 25, 2009
Thu, September 24, 2009 NewMarket Technology, Inc.: NewMarket Technology, Inc. Award-Winning Recognition From Deloitte, Microsoft and Software Magazine
DALLAS, TX--(Marketwire - September 24, 2009) - NewMarket Technology, Inc. (
The Company has reported over $43 million in profitable revenue for the first six months of 2009. NewMarket has already announced approximately $65 million in new sales contracts so far this year. Another $15 million contract is pending and the Company has announced a sales pipeline that could exceed $100 million in total contracts signed by year end. The Friday presentation will also include a discussion of a potential increase to NewMarket's current 2009 $100 million revenue forecast.
NewMarket's sales growth has been notably recognized by a number of programs tracking technology sales to include the Deloitte Fast 500, the Microsoft Partner Program and Software Magazine's Annual Software 500. The webcast will include highlights of NewMarket's award recognition in conjunction with a review of the Company's sales year to date. The presentation will concentrate on a preview of anticipated sales for the balance of 2009.
A link to the Webcast will be available on the Company's website [ www.newmarkettechnology.com ] upon release.
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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.
