At Recent NewMarket Seminar, Dan Sanders Highlights "Higher Purpose and Higher Profit" in Informative, Entertaining and Inspirational Speech
DALLAS, TX--(MARKET WIRE)--Feb 5, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) recently conducted the Company's Annual Town Hall and first Emerging Market Seminar at the Fairmont in Dallas, Texas. In 2002, NewMarket implemented a strategy to invest in small technology businesses in the world's emerging economic regions. The strategy has resulted in the Company growing from $1 million in annual revenue to approximately $100 million in profitable annualized revenue, ranking NewMarket at the top of Deloitte's Technology Fast 500 list for the last two years. The Town Hall and Emerging Market Seminar featured NewMarket's lessons learned over the last five years and the experiences of other emerging economy and small business industry experts. Additionally, the events included a review of the experiences of the Company's subsidiaries, NewMarket China, Inc. (OTC BB:NMCH.OB - News) and NewMarket Latin America, Inc. (Other OTC:NLAI.PK - News), in the emerging economies of China and Latin America.
Videos of the speakers and their corresponding PowerPoint presentations are available on the corporate website at http://www.newmarkettechnology.com/media.htm.
The Company has added Author Dan Sanders' keynote presentation from the two-day event to the corporate website.
Dan Sanders is the author of New York Times and USA Today National Bestseller, "Built To Serve: How to Drive the Bottom Line with People-First Practices." Sanders currently serves as CEO of United Supermarkets, a 91-year-old, billion-dollar chain of family-owned grocery stores.
"Mr. Sanders began his presentation by highlighting the often unrecognized and underappreciated economic 'heavy lifting' burden of small businesses around the world," said Philip Verges, CEO of NewMarket Technology, Inc. "Dan Sanders is a visionary, passionately spreading the word on the high profit potential of pursuing a higher purpose in corporate business practices. His message is timely, informative, entertaining and inspirational."
Sanders believes the "global business culture is broken" and can be fixed by creating long-term sustainability through investing in all the company's stakeholders. Since becoming Chief Executive Officer of United Supermarkets, Ltd., Sanders has led the company to be recognized as recipient of the prestigious Better Business Bureau's National Torch Award for Marketplace Ethics. In 2003, the company was named the inaugural winner of the Supermarket News Community Service Award for its innovative concept of UCrew community volunteer teams. United has been listed in Texas Monthly's "Best Places to Work in Texas" every year since the program began.
In addition to his business endeavors, Sanders is a former Air Force U-2 reconnaissance pilot and a highly decorated officer, recognized for his aerial achievements during combat missions flown in the first Gulf War. He also served as a member of the Air Force One Presidential Advance Team for President George H. W. Bush.
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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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