NewMarket Technology Inc. To Conduct Conference Call on April 6 at 4:05 p.m. EDT to Review 300% Increase in EPS on $50.1 M in Revenue and $2.9 M Net Income in 2005
CEO and CFO to Update Investors on Plan to Reduce Issued and Outstanding, Increase Organic Growth and Enhance Profitability
DALLAS--(BUSINESS WIRE)--April 3, 2006--NewMarket Technology, Inc. (OTCBB:NMKT) today announced an earnings conference call to be conducted on April 6 at 4:05 EDT to review the 2005 annual report filed on SEC Form 10KSB on March 31.
"We believe the 2005 financial results validates NewMarket's business plan introduced in 2002," said Philip Verges, Chairman and CEO. "Launching a new operation with the goal of defining a new market segment is a bold undertaking. Understandably, such initiatives are harshly scrutinized. Our record 2005 profit which represents an increase in operating margins and a 300% increase in earnings per share over 2004 is a major step towards building awareness of NewMarket on Wall Street. NewMarket's positive financial performance is generating new investor interest in our business plan to develop an improved alternative to current corporate high-tech research and development. We firmly believe that many of the challenges in funding research and development can be overcome by our approach to introducing emerging technologies. We look forward to sharing NewMarket's 2005 financial results in more detail on the conference call and providing highlights on progress toward goals in 2006."
Philip J. Rauch, Chief Financial Officer, said, "It will be a pleasure to present these impressive financial results for 2005 and answer questions from our shareholders for the first time since joining the NewMarket team."
Mr. Verges and Mr. Rauch will conduct the conference call on Thursday, April 6, 2006, at 4:05 EDT to review the 2005 Annual Report and address pre-submitted shareholder inquiries. In the interest of maximizing the value of this conference call for all participants, please submit questions by Wednesday, April 5 to Investor Relations at LCGroup@mindspring.com. The dial-in number for the April 6 conference call is 605-772-3200 with access code 784316#. For those that are not able to participate an audio recording of the conference call will be posted on the NewMarket Technology website by Wednesday, April 12, 2006.
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with 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 to include Microsoft (NASDAQ:MSFT), Cisco Systems (Nasdaq:CSCO) and Sun Microsystems (Nasdaq:SUNW). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. As a Systems Innovator, NewMarket has set itself apart from the systems integration market through the introduction of a technology business model that monetizes the value of emerging technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends. NewMarket recently ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket's revenue increased 18,082 percent during this period. The financial results achieved have been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
NewMarket Technology, Inc.
Rick Lutz, 404-261-1196
ir@newmarkettechnology.com
