NewMarket Technology, Inc. to Review Third Quarter and Year to Date Financial Performance in Webcast Scheduled for Monday, November 19, 2007 at 4:30 EST
DALLAS, TX – November 9, 2007 - NewMarket Technology, Inc. (OTCBB: NMKT) today announced a webcast scheduled for 4:30 EST Monday, November 19, 2007, to review third quarter results and year to date financial performance. The webcast review will be conducted by CEO Philip M. Verges and CFO Philip J. Rauch. The review will include third quarter performance for NewMarket’s independently listed subsidiary, NewMarket China, Inc. (OTCBB: NMCH) and an update on NewMarket’s subsidiary operations in Latin America. NewMarket’s Latin American subsidiary operations are being consolidated into the company’s independently listed subsidiary NewMarket Latin America, Inc. (OTC: NLAI). NewMarket China and NewMarket Technology are scheduled to publish third quarter financial reports by November 14, 2007.
Log on details for the webcast will be available on the company’s web site on the home page under “Current Events” by Wednesday, November 14, 2007.
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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 such as Microsoft, Oracle, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. Some emerging technology solutions NewMarket provides include VoIP, Broadband Wireless and Security.
NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.
NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America 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. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.
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