PrecisionIR, Known for Vcall Earnings Calls, Delivers NewMarket Report on Growth to $100 Million in Annual Revenue and Expansion Into South America and Asia
DALLAS, TX--(MARKET WIRE)--Feb 25, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) today announced a new Corporate Overview Report available on Yahoo! Finance. The Report features NewMarket's recognition on the Deloitte Fast 500 over the last four years, ranking in the top 25 for the last three consecutive years. The Company has expanded from $1 million in annual revenue in 2002 to approximately $100 million in profitable annualized revenue today. A chart of the Company's five-year revenue and net income growth is included in the report available on Yahoo! Finance.
The report is organized in a five-page fact sheet format providing an overview of the Company's services, where it operates, management biographies and an organizational chart of the company's subsidiaries and affiliates to include NewMarket China, Inc. (OTC BB:NMCH.OB - News) and NewMarket Latin America, Inc. (Other OTC:NLAI.PK - News). Additionally, the report contains statistics on some of the world's fastest growing economies in which NewMarket operates.
To request a copy of the report, please go to http://finance.yahoo.com/q?s=nmkt.ob and click "Annual Report for NMKT.OB" under the company's stock chart.
The report on Yahoo! Finance has been provided as a service by PrecisionIR (www.precisionir.com). PrecisionIR is well known for its Vcall service, providing corporate earnings calls in addition to other webcasts and interactive webinar services.
Corporate Email Updates
To be added to NewMarket Technology's e-mail database to receive company updates, please send an e-mail to ir@newmarkettechnology.com.
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 integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, 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. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.
"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.
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Average Joe's Picks is an independent electronic medium, which provides industry data and information on publicly traded companies for the use of our readers. Furthermore, the provided data should not be used as the sole basis for making any investment decision. The individual investor's own due diligence is of the utmost importance and highly recommended.
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