Science & Technology
Science and Technology
Science and Technology
Sun, October 4, 2009
Fri, October 2, 2009
Thu, October 1, 2009 NewMarket Technology, Inc.: NewMarket Technology, Inc. Announces Greenfield Partnership Presentation on Emerging Technology in
DALLAS, TX--(Marketwire - October 1, 2009) - NewMarket Technology, Inc. (
China Crescent Enterprises, Inc.
China Crescent is a technology systems integrator and value added reseller of major global hardware brands, such as Dell and HP, in the Chinese domestic market. China Crescent has already grown its Chinese business to over $40 million in revenue annually and has a focus on the growing markets in second-tier cities, rural markets, and small-to-medium enterprises (SMEs) for expanding the Company's presence in China. Additionally, the Company has plans for expansion into the growing markets of Southeast Asia and East Africa to capitalize on the technology and technical infrastructure needs of those regions as they continue to develop.
NuMobile, Inc.
Earlier this year NuMobile implemented an aggressive roll-up to build its portfolio of security and software solutions for the mobile computing and smartphone marketplace. The Company recently announced the acquisition of Enhance Network Communication, Inc. Enhance has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network-delivered government services. NuMobile has partnerships to enter the markets of China, Latin America and East Africa.
Alternet Systems, Inc.
Alternet's solutions focus on effective and profitable mobile payment and m-commerce systems and solutions that tie together telecom operators, financial institutions, and payees such as mass public transportation and utility providers. With the majority of the population in emerging markets belonging to the "unbanked" sector, mobile banking opens up a major opportunity to deliver financial services to a rapidly growing subscriber base. Penetration of mobile services around the world has increased rapidly, with the subscriber base worldwide growing from just over 11 million mobile phone users in 1990 to over 3 billion in 2008. Growth is particularly impressive in developing economies. With only 1 billion bank accounts worldwide and close to 4 billion mobile phone subscribers, both mobile network operators and financial institutions recognize the value proposition in offering mobile financial services. Alternet is currently focused on providing its service offerings to the Latin American marketplace.
A link to the Webcast titled 'Greenfield Program Presentation' is available on the partners' websites at [ www.numobileinc.com ] and [ www.chinacrescent.com ] and will be available on the NewMarket website soon.
Corporate Information and E-mail Updates
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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.
