NMKT---> Potential long term play DD inside.
Outlook - Helping customers turn concepts into production, NewMarket Technology, Inc. (NMKT) is a progressive, innovative, profitable company with soaring revenues, an aggressive acquisition strategy and excellent short and long-term growth potential. The company was recently named the fastest growing tech company in Texas by Deloitte; announced two strategic acquisitions; and increased its annual growth forecast.
As an emerging market company, part of what NMKT does is altogether new. NMKT’s vision is to completely overhaul current industry research and development practices. For many companies, the R&D process is disconnected from the end user of the products and services.
This separation becomes more problematic as the lifecycle of new products and services becomes shorter, thanks in large part to the fast paced competitive information age.
Of course, R&D requires investment. This investment either comes from overall profit margin or from venture capitalists. Unfortunately, the globalization of the technology market is reducing profit margins and without a robust IPO (Initial Public Offering) market, venture capital can be hard to come by.
To survive, companies need technology that cost effectively, helps them to stay current. They also need to be able to transition seamlessly with next generation technology.
Business Profile - NMKT is all about introducing new technologies into new markets. Beginning in 2002 with the purchase of Dallas-based communications technology developer VergeTech, the company has used acquisitions to expand past its core business of telephony software.
NMKT provides integration and support of current technology from providers such as Cisco Systems, Microsoft, Sun Microsystems, Hyperion and SAP. In addition, NMKT continually acquires and develops new technologies that complement and enhance existing technologies.
NMKT helps liquidate the equity appreciation of current technologies by publicly listing subsidiary companies; thereby enabling the generation of equity income and shareholder dividends.
Some of the new emerging technologies NMKT offers includes: voice over Internet protocol services; healthcare practice management software; defense industry system solutions; prepaid long-distance calling card services; and corporate long-distance, fax, and data networking services.
Other services include: e-commerce communications services for businesses selling products and services over the Internet; contact management; and wireless features, long-distance, and applications; and electronic data interchange software.
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