NewMarket Technology (fka NWMT)

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AheadoftheBulls.com: Future Bulls NMKT, WYDY, GPSN

Monday , May 14, 2007 12:38ET


NewMarket Technology Inc. (OTC BB: NMKT, http://finance.yahoo.com/q?s=NMKT.OB)

NewMarket Technology, Inc. Announces Strategic Five-Year Plan for Continued Growth from $77 Million in Profitable Revenue to $500 Million in Highly Profitable Revenue

Recognized in Deloitte Technology Fast 500 3 Years Running; Company to Release Series of Shareholder Letters Detailing 5-Year Business Plan to Sustain Rapid Growth

May 14, 2007-- NewMarket Technology, Inc. (OTCBB:NMKT - News) today announced a strategic five-year plan for continued growth from $77 million in profitable revenue to $500 million in highly profitable revenue. On June 19, 2002, management released a strategic plan to launch a new business model for continuously introducing new technology products to new markets. After five years of award-winning rapid growth from $1 million in annual revenue to over $77 million in profitable revenue, management has gone back to the drawing board to review successes and failures to develop a new strategic plan.

"Any business plan requires that leadership be able to react to the realities encountered in the execution of the plan and be able to adapt as required along the way," said Philip Verges, CEO and Chairman of NewMarket Technology, Inc., commenting on the Company's new strategic plan. "NewMarket has enjoyed a great deal of success since launching a new business model in 2002 in the aftermath of the dot com market fallout. We have operated for the last five years from a 2002 strategic plan repeatedly adapted and updated. It is time to regroup, refresh and re-launch. Our vision has not changed. Our passion for emerging technologies is more intense than ever. Our successes have validated our vision and encouraged us to redouble our efforts. Our failures have provided valuable experience and made the overall business operation all the stronger. We are more excited than ever about the next five years of opportunity. We look forward to sharing the details of our new strategic five-year plan with shareholders and interested investors through a series of shareholder letters over the next three weeks."

The Company will release a letter to shareholders tomorrow ***(WHICH SHOULD BE TODAY)*** providing an overview of the new five-year strategic plan. The Company will release a series of following letters over the next three weeks detailing the key aspects of the overall strategic plan and will highlight the Company's plans to expand the current technology reach, increase the number of emerging market operations and institutionalize the Company's micro capital market foundation.

Expanding Technology Reach

The Company will expand beyond "information" technology. The key competency of the Company is financing early stage technologies and winning initial sales of the newly introduced technologies. This expertise will now be applied to additional technologies beyond "information" technology. The Company has already initiated due diligence in a clean coal technology and a medical device technology.

New Emerging Markets

The majority of the Company's growth has taken place outside the United States and primarily in developing economies such as South East Asia, China and South America. Many developing economies are considered emerging investment markets based on various aspects of the political and economic environment of a particular developing economic region. NewMarket has recently launched early business development initiatives in Eastern Europe and Sub-Sahara Africa.

Micro Capital Market Foundation

The capital market for early stage companies continues to evolve after taking a dramatic pause following the collapse of the dot com market. The public micro capital market is becoming a substantial component of early stage financing. At the same time, the public micro capital market faces significant challenges such as the direct and indirect burden of complying with Sarbanes-Oxley. Contrary to the traditional wisdom of "build the company and the market will follow" NewMarket has directly addressed both the strengths and challenges of the public micro cap markets and continually endeavored to implement programs to optimize the strengths and mitigate the weaknesses. The micro cap markets will be a long-term component of the overall NewMarket strategy through its consolidated subsidiaries even after NewMarket moves to an upgraded exchange.

Rapid Revenue Growth Noted by Deloitte and Touche Award

NewMarket Technology ranked fifth on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. This is the third consecutive year that NewMarket has been ranked on Deloitte's Technology Fast 500. The Company reported over $50 million in profitable revenue in 2005 with over $77 million in 2006 revenue and record profits exceeding $4 million in net income. NewMarket Technology continues to maintain a rapid growth rate and has forecasted $120 million in profitable revenue in 2007.

To be added to NewMarket's corporate e-mail list for shareholders and interested investors, please send an e-mail to [e-mail].

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, Cisco Systems, SAP, Siebel and Sun Microsystems. 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. NewMarket ranked Number Five 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.