NewMarket Technology, Inc.: NewMarket Technology, Inc. Anticipates Continued Revenue Growth to as Much as Double Current Annual

Published in Stocks and Investing on Tuesday, September 1st 2009 at 13:22 GMT by Market Wire
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DALLAS, TX--(Marketwire - September 1, 2009) - NewMarket Technology, Inc. (PINKSHEETS: [ NWMT ]) today announced the Company anticipates continued revenue growth through the balance of 2009 and 2010 based on recently signed long-term contracts adding up to approximately $66 million in new sales. Last year, NewMarket reported $95 million in revenue. The recent long-term contract sales have resulted in part from the Company's business strategy to convert customers and business from one-time, short-term contracts to longer-term, renewable contracts.

NewMarket Technology Strategic Update Webcast Released Today

Today, NewMarket released an exclusive Webcast hosted by Board Member Major General Hugh G. Robinson. The corporate strategic update includes discussions on the Company's growth over the past few years to $95 million in 2008 and the Company's plans for continued profitable growth in 2009. The Webcast also includes a review of recent long-term Microsoft contracts and $63 million in multi-year service contracts.

A link to the Webcast titled 'NewMarket Strategic Update Webcast (September 1, 2009)' is available on the Home page and the Investor Relations page of the NewMarket website [ www.newmarkettechnology.com ]. For assistance accessing or listening to the Webcast, please email [ ir@newmarkettechnology.com ] or call 214-722-3065.

Corporate Information and E-mail Updates

To sign up to receive email updates or to obtain more information on the Company, please visit [ www.newmarkettechnology.com ].

About NewMarket Technology, Inc. ([ www.newmarkettechnology.com ])

NewMarket is a reporting company with audited financial reports filed with the SEC. 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. Last year, the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.

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 has placed the Company on the Deloitte Technology Fast 50 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. The Company has been named a finalist again this year and results will be posted in the fall.

"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.