NewMarket Technology Inc. Releases Homeland Security Plan for $10 Million in 2006 Revenue Booked to Proposed Defense Technology Systems; Homeland Security Plan is Last of Six Business Unit Plans Released.DALLAS -- NewMarket Technology Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NMKT) today released its 2006 business plan for the Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States sector. The Company has now released plans for all of its business units, including operations in China and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . NewMarket's Homeland Security business unit plan is unique from its other units. In 2005, NewMarket moved its Homeland Security assets into a separate publicly listed company, Defense Technology Systems (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :DFTS DFTS Defence Fixed Telecommunications Service DFTS Directory File Transfer System (Owl Computing Technologies) DFTS Dual-Queue, Fifo, Timeout, Statistical TDM Scheme ). NewMarket is a preferred shareholder of Defense Technology Systems. Based on planned acquisitions, Defense Technology Systems anticipates $10 million in revenue in 2006. Defense Technology Systems' current business plan centers on the planned acquisition of a wireless broadband company offering wireless solutions to municipal governments. NewMarket is an innovative company that introduced a business model three years ago that offers a unique approach to business technology innovation. The Company combines a traditional systems integration offering with emerging technology incubation. The incubation function includes the eventual independent public listing of "next stage" incubated technologies. Mr. Philip Verges, 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. of NewMarket, said, "Although NewMarket maintains a conservative forecast of 15% revenue growth overall in 2006, our business unit plans that we have released incorporate attainable revenue goals that clearly would necessitate upward revisions in the revenue growth forecast as corporate developments are announced. After each fiscal quarter financial results are filed, the annual forecast will be reviewed and updated." The overall result of NewMarket's business technology innovation model has been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005 (un-audited). NewMarket was named in 2005 as the 13th fastest growing technology firm in North America on the Deloitte Technology Fast 500. About NewMarket Technology Inc. (www.newmarkettechnology.com) NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services capacity with a specialized asset-based approach to assisting its clients with 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 ) 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's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. As a Systems Innovator, NewMarket has set itself apart from the systems integration market through the introduction of a technology business model that monetizes the value of emerging technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends. NewMarket recently announced that it ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket's revenue increased 18,082 percent during this period. This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in 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. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion