DALLAS, TX--(Marketwire - July 6, 2010) - NewMarket Technology, Inc. (
"Investment capital for early stage and small businesses within the world's emerging markets is almost non-existent," said Philip Verges, Chairman and Founder of NewMarket. "I am not talking about $250 microloans, I am talking about $100,000 to $1,000,000 investments to fund high growth business plans. Africa, Asia and South America have no shortage of viable entrepreneurial business leaders with plans that create a meaningful return on investment opportunity for those providing the early stage capital, while at the same time contributing to the cornerstone of every economic system, the small business sector. NewMarket has introduced the Greenfield Partnership Program to help entrepreneurs in emerging markets get access to early stage capital through the micro-cap public market and to introduce the high growth emerging market return on investment potential to a broader range of investors. We are optimistic that the upcoming Microsoft World Partner Conference and President Clinton's presentation on "Embracing our Common Humanity" will provide a venue that helps NewMarket spread the word on our Greenfield Partnership Program. I hope you will join me for our Webcast on Monday, July 12th."
NewMarket is a value-added reseller (VAR) and systems integrator with approximately $100 million in annual sales from its global emerging market operations. Named to the prestigious VAR500 list, NewMarket placed number 265 in the 16th annual ranking (VAR500 news: http://www.marketwire.com/press-release/NWMT-NewMarket-Technology-Inc-Ranked-Among-North-Americas-Top-500-Technology-Integrators-1268035.htm)
RKM: Microsoft Large Account Reseller (LAR) and Enterprise Software Advisor (ESA) in Latin America
RKM is a Microsoft Large Account Reseller (LAR) and Enterprise Software Advisor (ESA) in Latin America and received the prestigious Associate of the Year in Advanced Infrastructure Solutions award at FOCUS 2009. Mid-Market and corporate customers in Latin America seek out the services of LAR/ESAs when implementing large Microsoft-based IT projects. Through this partnership with Microsoft, RKM offers high volume licensing, specifically "Enterprise Agreement" (EA) and "Select" for companies with more than 250 PCs and support services to large enterprises and institutional customers. For more information on RKM, please visit http://www.rkmve.com/.
Unione: Microsoft Certified Partner
Unione is headquartered in Brazil and is a Microsoft Certified Partner, Oracle Certified Advantage Partner and an Infor Channel Partner. Unione provides Business Intelligence (BI), Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM), and Customer Relationship Management (CRM) consulting services. For more information on Unione, please visit www.unione.com.br.
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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.
Contact Information:
Contact:
NewMarket Technology, Inc.
Investor Relations
ir@newmarkettechnology.com
214-722-3065