NewMarket China, Inc. and Shanghai Multimedia Industry Association to Showcase Chinese High-Tech Multimedia Talent during U.S. Tour.NewMarket Technology, Inc.'s Chinese Subsidiary Plans Continued Rapid Growth With 100% Revenue Increase for 2007 to $40 Million DALLAS -- NewMarket China, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NMCH NMCH National Museum of Chinese History ) today announced that the company has been engaged by the Shanghai Multimedia Industry Association (SMIA SMIA Standard Mobile Imaging Architecture SMIA Sustainable Management in Action ) to host a U.S. tour to showcase the talents of eight cutting-edge Shanghai-based Chinese multimedia companies with a host of capabilities including gaming, digital animation, computer graphic design, architectural renderings and film post production. The Shanghai-based multimedia companies are leaders of their industry in the Chinese market. These companies are now expanding their services into the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. through outsourcing partnerships with NewMarket China and as ambassadors for the Multimedia Industry in Shanghai. Last year, NewMarket Technology, Inc. (OTCBB:NMKT) completed the independent public listing of its Chinese subsidiary, NewMarket China, which expects to report over $20 million in revenue for 2006. NewMarket China is majority owned by NewMarket Technology and has forecasted a 100% increase in revenue in 2007 to $40 million. The tour, which is scheduled for May 7-16, 2007, will host events in San Francisco, Los Angeles, and Dallas. For more information on the tour, contact Kathleen Marks at kmarks@newmarketchina.com or visit the company website at www.newmarketchina.com. The SMIA is a member of the International Federation of Multimedia Associations (FIAM FIAM Free Ion Activity Model (environmental sciences) FIAM Fire Instructors Association of Minnesota FIAM Foundation for Integrated Agricultural and Environment Management ) and is the authority on the multimedia industry in Shanghai. With more than 148 member companies, the SMIA has also set up a broad network beyond Shanghai with associations and organizations in more than ten countries, as well as close relationships with the government, media and various corporations throughout China. Today and This Week - NewMarket Presentations on Independently Listed Subsidiaries Anyone interested in finding out more about NewMarket China and meeting CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John Verges is encouraged to attend one of the NewMarket Technology presentations this week. NewMarket Technology will present business plans for its three publicly listed, or soon to be listed, subsidiaries, including NewMarket China. Anyone interested in attending the presentations, please RSVP (ReSerVation Protocol) A communications protocol that signals a router to reserve bandwidth for real time transmission. RSVP is designed to clear a path for audio and video traffic, eliminating annoying skips and hesitations. to ir@newmarkettechnology.com or 214-722-3052. Boca Raton, Florida Today 4:30 p.m. EST Boca Raton Marriott Atlanta, Georgia Feb. 14, 2007 4:30 p.m. EST Grand Hyatt Atlanta Buckhead New York, New York Feb. 15, 2007 4:30 p.m. EST Hilton Times Square Further information on time and location of the presentations is available on the NewMarket Technology website's News & Events page at http://www.newmarkettechnology.com/news-and-events.htm#Events. To be added to NewMarket China's corporate e-mail list for shareholders and interested investors, please send an e-mail to ir@newmarketchina.com About the Shanghai Multimedia Industry Association (www.smia.org.cn): The Shanghai Multimedia Industry Association (SMIA) is one of 12 associations established in Shanghai after China joined the WTO See World Trade Organization. . It's a non-profit organization made up of corporations and individuals engaged in production, manufacture, research and other activities in the multimedia industry. SMIA has set up a broad network with associations and organizations in more than 10 countries and close relationships with organizations, government, media and corporations throughout China. By organizing activities and maintaining a public platform for the Multimedia Industry in Shanghai, the SMIA helps members promote their products and services so as to improve their competitive ability in the domestic and overseas markets. The SMIA works to standardize its industry in an effort to build a better business environment for multimedia services in Shanghai. The SMIA acts as an advocate for the industry building awareness both domestically and abroad. The SMIA currently has over 148 member companies focusing on Computer Graphics, Game Development, Digital animation and film, after effect, VOD See video-on-demand. VoD - video on demand , e-learning and multimedia terminal industry. They have also developed 5 branch organizations to emphasize their focus in key segments of the industry: Shanghai Game Developer Association (SGDA), Shanghai Architectural Visualization Committee (SAVC), Shanghai Exhibition Committee (SEC), Shanghai Computer Graphics Committee (SCGC SCGC Sugar Cane Growers Cooperative of Florida SCGC Saginaw County Governmental Center (Saginaw, Michigan) ) and Digitalization digitalization /dig·i·tal·iza·tion/ (dij?i-tal-i-za´shun) the administration of digitalis or one of its glycosides in a dosage schedule designed to produce and then maintain optimal therapeutic concentrations of its cardiotonic of Chinese Traditional Culture Committee (DCTCC). About NewMarket China, Inc. (www.newmarketchina.com) NewMarket China, Inc. is a leader in the rapidly developing Chinese software engineering market providing high quality outsourcing services to global customers. In addition, the firm is a systems integrator and value-added reseller of major global hardware brands in the Chinese domestic market. NewMarket China has established and continues to grow a highly capable network of Chinese IT Service partners providing domain expertise in telecommunications, multimedia, ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. and finance. Headquartered in Shanghai, NewMarket China bridges the gap between Western and Eastern business cultures to realize the advantages of the high-quality, low-cost technology products and services available in China. In doing so, the firm assists its clients in overcoming the challenge of taking a business global. NewMarket China comprehends the differences in business processes, communications and cultures between the United States and China, and provides its clients with an established partner who provides a winning environment for global relationships and transactions. While most firms see China as merely a cost-saving alternative, NewMarket China recognizes that China represents a huge growth opportunity for its customers and supports them in localizing their products and services, and in identifying complementary revenue streams within the Chinese Market. About NewMarket Technology, Inc. (www.newmarkettechnology.com) NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), Cisco Systems (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), SAP (NYSE NYSE See: New York Stock Exchange :SAP), Siebel (Nasdaq:ORCL ORCL Oracle (stock symbol) ) and Sun Microsystems (Nasdaq:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ). Concurrently, NewMarket continuously seeks to acquire undiscovered 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 global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends. NewMarket ranked Number Five 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. "SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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