DALLAS, TX, Jun 03, 2010 — NewMarket Technology, Inc. today announced the Company has released a Webcast presentation providing an update on its Greenfield Partnership Program development in China. In March of this year, a $200 million combined revenue goal between all participant companies was announced for 2010 to potentially be realized through project collaboration in China. Last week, Greenfield Partner companies participated in a trade mission and CEO conference in Shanghai, China, where partner representatives and Trade Mission delegates from the United States, Africa, Southeast Asia and South America met to pursue the joint opportunities outlined in a 2010 Greenfield Summit hosted earlier this year in Shanghai. The Greenfield Partners CEO conference concentrated on developing a channel to provide brand name Chinese-based technologies in East Africa. A link to the Webcast is now available on the NewMarket corporate website www.newmarkettechnology.com.
NewMarket’s Greenfield Program was introduced last year to accelerate and enhance the introduction of new technology innovations into new markets. Today, NewMarket provides systems integration services primarily within emerging markets, to include technology reseller, customization, integration, outsourcing and support services, in China, Southeast Asia, Latin America and North America. Additionally, NewMarket is currently expanding its business services into the growing markets of East Africa.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Overall, NewMarket reported over $95 million in revenue for 2008 and reported over $98 million in profitable revenue for 2009.
Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies. NewMarket’s rapid growth since 2002 placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.
“SAFE HARBOR STATEMENT” UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket’s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.