NewMarket Technology, Inc. CEO Philip Verges to Be Interviewed on MN1.com Today at 10 AM EST on Company Progress Prompting Personal 1 Million Share Purchase
Record 3rd Qtr Performance with $18.9 Million in Revenue and $2.7 Million YTD Net Income and Recent Analyst Recommendation of $0.78 PPS vs. Current $0.30
DALLAS--(BUSINESS WIRE)--NewMarket Technology, Inc. (OTCBB:NMKT) CEO Philip Verges will be featured today on Market News First (www.mn1.com) for an exclusive audio and video interview with the MN1 news team. The interview is scheduled for Dec. 6, 2006, at 10 AM EST.
NewMarket Technology has announced a series of significant corporate developments leading up to the Company's Annual Town Hall Meeting being held tomorrow in New Orleans, LA. The Company recently reported record revenues of $18.9 million for the 3rd quarter of FY 2006 with a year to date net income before currency translation of $2.7 million. Shareholder equity exceeded $40 million at the end of the 3rd quarter. NewMarket was recognized this year by Deloitte as the 5th fastest growing technology company in North America. The Company reported over $50 million in profitable revenue last year and is on track to report over $70 million in profitable revenue this year. Management has forecasted $120 Million in revenue for FY 2007. Additionally, the Company recently announced the independent listing of its consolidated operation in China (OTCBB:IICP) and two Letter of Intent agreements with Paragon Financial Corporation (OTC:PGNF) and Diamond I, Inc. (OTCBB:DMOIE) to list two additional consolidated subsidiaries. Yesterday, the CEO Philip Verges announced the personal purchase of 1 million shares of NewMarket Stock.
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 to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), SAP (NYSE:SAP), Siebel (Nasdaq:ORCL) 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 delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.
About MN1.com (www.mn1.com)
Market News First is an online, market news provider that brings investors current news on the market. Market News First is the only online, live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE.
Through daily, live interviews, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the presidents and CFOs of companies to deliver answers to the questions that investors may ask and provides them insight into the companies' present condition and future plans.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
