CRWENewswire.com is pleased to announce a stock highlight on NewMarket Technology, Inc. (Pinksheets:NWMT) is a reporting company with audited financial reports filed with the SEC. The Company plans to upgrade its current listing. More details will be included in tomorrow’s strategic update Webcast hosted by Board Member Hugh G. Robinson, Retired Major General and Former Chairman of the Dallas Federal Reserve. The Webcast will also include a review of the Company’s $95 million in revenue in 2008, $100 profitable revenue forecast, recent Microsoft contracts and $63 million in new business. A link for accessing the on-demand Webcast is scheduled to be available on the Company’s website Tuesday, September 1.
About NewMarket Technology, Inc.
NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, Cisco Systems, 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.
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.
The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.
“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.
Sign up to receive FREE Stock Hot Tip alerts from CRWENewswire.com at http://www.crwenewswire.com/c/stockhottips
About CRWENewswire.com
CRWENewswire.com is an independent electronic informative online financial news publication company dedicated in providing company associates, business and financial professionals with economic and investment information, as well as stock highlights. CRWENewswire.com is a division of Crown Equity Holdings, Inc.
CRWENewswire.com is not a registered investment advisor or broker-dealer. CRWENewswire.com and Crown Equity Holdings, Inc., (CRWE) affiliates, officers, directors, contractors and employees, including may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.
Sign up to receive FREE Stock Hot Tip alerts from CRWENewswire.com at http://www.crwenewswire.com/c/stockhottips
Disclaimer: StockHotTips.com based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by StockHotTips.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in his stock picks and stock watch communication have not approved the statements made in his information. His opinions in reference to his stock picks and watch list contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. StockHotTips.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. (readmore) -Rule 17B requires disclosure of payment for investor relations. NewMarket Technology Inc. (NWMT.PK) has compensated Crown Equity Holdings, Inc. (CRWE.OB) five thousand dollars ($5,000) and twenty-five thousand dollars ($25,000) in shares of 144 restricted stock for 30 days of advertising and IR/PR services.