NewMarket Technology Inc. (OTCBB:NMKT) today announced hosting its
first trade mission to Latin America. NewMarket instituted a regular
trade mission business development strategy in China in 2004. The
China trade missions have facilitated direct investment in NewMarket's
subsidiary Chinese operations and the development of strategic
operations such as the agreement with China Putian, a multi-billion
dollar Chinese telecommunications equipment manufacturing firm.
The Latin America trade mission will leave May 1st to Sao Paulo,
Brazil to visit NewMarket's recently acquired operation reporting over
$14 million in profitable revenue in fiscal year 2005. The Company
recently announced its Latin America wholly owned subsidiary, UniOne
Consulting, in Sao Paulo, Brazil, and Santiago de Chile, signing
contracts in the region with Avon Products Inc. (NYSE:AVP), Telefonica
SA (NYSE:TEF), Hyperion Solutions Corp. (Nasdaq:HYSL), Brasil Telecom
Participacoes S/A. (NYSE:BRP), and the Brazilian airline, TAM S.A. ADS
(NYSE:TAM), for over $6 million in revenue.
The trade mission will also visit with candidate high-tech
acquisition opportunities in the NewMarket merger and acquisition
pipeline. NewMarket is currently in various stages of negotiations
with a number of potential acquisition candidates that represent
cumulative revenue totaling over $100 million annually. The current
merger and acquisition pipeline is primarily in the telecommunications
sector.
Trade mission participants include Hugh G. Robinson, a former
Chairman and Board Member of the Federal Reserve Bank of Dallas, who
also served as an officer in the United States Army retiring with the
rank of Major General. Mr. Robinson recently joined the NewMarket
Board of Directors to help build awareness to NewMarket's pioneering
R&D business model and NewMarket's initiative to improve the integrity
of the OTCBB. The trade mission will travel from Sao Paulo to visit
NewMarket operations and opportunities in a number of countries before
returning to the United States.
NewMarket's Evolutionary Business Model
NewMarket is building a new business model to evolve the current
high-tech research and development process. The model combines
traditional systems integration services with a unique approach to
incubating emerging high-tech products. Each high-tech product resides
in an independent subsidiary. As emerging high-tech products mature
and sales momentum develops, NewMarket plans to spin-off the
independent subsidiaries issuing spin-off stock to NewMarket
shareholders.
Deloitte Technology Fast 500 Recognition
NewMarket founded its paradigm-shifting business model in North
America and ranked Number 13 on the 2005 Deloitte Technology Fast 500.
NewMarket has launched it business model in China and Latin America.
Operations in China have already reached $24 million in annualized
revenue. NewMarket has grown over 18,000% in five years reporting
$50.1 million in revenue in 2005 with $2.9 million in net income.
New Board Member, Hugh G. Robinson
Mr. Robinson is currently a member of the Board of Directors of
CarMax, Inc. (NYSE:KMX), Aleris International, Inc. (NYSE:ARS) and a
member of the Advisory Board of TXU Corp. (NYSE:TXU).
Mr. Robinson is a graduate of the U.S. Military Academy at West
Point, New York and earned a Master's Degree in Civil Engineering at
Massachusetts Institute of Technology (MIT). He received an honorary
Doctor of Laws degree from Williams College and attended the Harvard
Management Program for Executives.
Mr. Robinson's military career included a number of prestigious
posts that included aide de camp to President Lyndon B. Johnson. After
retiring from the military, Robinson joined The Southland Corporation
as vice president and president of Cityplace Development Corporation,
a subsidiary of Southland. From 1989 through 2002, Mr. Robinson served
as Chairman and Chief Executive Officer of The Tetra Group, Inc., a
Dallas construction management company with divisions in Minority
Business Development and affordable housing.
Mr. Robinson serves on the Board of Directors of the North Texas
Public Broadcasting Co., Inc., the LBJ Foundation, Inc. and the Better
Business Bureau. He is a member of the Dallas Citizens Council, the
National Society of Professional Engineers, the Greater Dallas Chamber
and the Dallas Black Chamber.
Future Trade Missions
Investors interested in participating in future trade missions to
China or Latin America please contact Jessica Burnett at
jburnett@newmarkettechnology.com or 972-386-3372 ext. 3063.
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.
KEYWORD: ASIA PACIFIC NORTH AMERICA SOUTH AMERICA TEXAS UNITED STATES BRAZIL CHILE CHINA
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE NETWORKS SOFTWARE TELECOMMUNICATIONS MERGER/ACQUISITION PERSONNEL
SOURCE: NewMarket Technology Inc.
CONTACT INFORMATION:
NewMarket Technology Inc., Dallas
Rick Lutz, 404-261-1196
ir@newmarkettechnology.com
www.newmarkettechnology.com
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