(NWMT) NewMarket Technology Releases CEO Webcast on Profitable Revenue Growth to $55 Million for the First Six Months of 2010 and Emerging Market Trends
DALLAS, TX, Sep. 16, 2010 (Marketwire) --
DALLAS, TX -- (Marketwire) -- 09/16/10 -- NewMarket Technology, Inc. (PINKSHEETS: NWMT)(OTCQB: NWMT) today released a Webcast from CEO Bruce Noller providing a review of current trends in emerging markets. NewMarket has focused its current operations and future expansion on the world's emerging markets. Specifically, NewMarket launched the Greenfield Partnership Program last year to facilitate the start-up and early stage development of high-growth potential businesses. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America. Greenfield Program companies include China Crescent Enterprises, Inc. (OTCBB: CCTR), Savanna East Africa, Inc. (PINKSHEETS: NVAE) and NuMobile, Inc. (OTCBB: NUBLD).
Additionally, the Webcast provides a financial review of NewMarket's recently filed second quarter 2010 financial report. For the first six months of 2010, NewMarket reported a 26% profitable revenue growth to $55 million compared to the same period in 2009. Net income for the first six months of 2010 was up over 100% to $1.49 million compared to the same period in 2009.
NewMarket is a global small business incubator that provides systems integration services, to include technology reselling, customization, integration, outsourcing and support services, primarily within the global emerging and high growth markets in China, Southeast Asia, Latin America, North America and East Africa where technology purchasing is on the rise.
The Webcast released is available at www.newmarkettechnology.com and titled 'Emerging Market Trends and Q2 Review.'
