NewMarket Technology Inc. Releases Update of Homeland Security Strategy; New Year to Bring Refreshed Technology and Business Platform.DALLAS -- Defense Technology Systems Central to NewMarket's 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 Plan NewMarket Technology Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NMKT) today released an update of its Homeland Security Strategy. NewMarket entered the Homeland Security market in March 2004 with the acquisition of DCI (Display Control Interface) An Intel/Microsoft programming interface for full-motion video and games in Windows. It allowed applications to take advantage of video accelerator features built into the display adapter. , a defense industry systems engineering firm. Since that time, NewMarket has won a number of notable contracts with organizations that include L3 Communications and foreign 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. allied governments. NewMarket has also acquired additional technology assets to expand its portfolio of Homeland Security products and services. Earlier in 2005, NewMarket became the majority shareholder in Defense Technology Systems Inc., a publicly listed Homeland Security company. Defense Technology is a distressed, early development stage company refocused on the Homeland Security market after the collapse of its previous data networking operation. The revitalization of Defense Technology has been slower than anticipated due to conflicts between NewMarket and Defense Technology management. Defense Technology recently announced the appointment of Russell Medina as the new Chief Executive Officer. Mr. Medina brings a wealth of defense industry experience to the Company as a retired career Army Officer and graduate of the United States Military Academy United States Military Academy, at West Point, N.Y.; for training young men and women to be officers in the U.S. army; founded and opened in 1802. The original act provided that the Corps of Engineers stationed at West Point should constitute a military academy, but at West Point, NY. While the revitalization of Defense Technology is behind, Defense Technology will be central to NewMarket's Homeland Security strategy. Independent of NewMarket's overall business, Homeland Security remains an early development stage operation. Defense Technology provides NewMarket with an independent publicly listed company listed company n → compañía cotizable listed company n → société cotée en Bourse listed company list n → dedicated to the development of a Homeland Security business. Over the Counter listings provide an ideal environment to capitalize early development stage businesses. Overcoming the legacy of Defense Technology's collapsed data networking business will be a first priority. Once unburdened by its prior operational history, Defense Technology will provide NewMarket with an independent platform for rapidly expanding its Homeland Security operations. Defense Technology operations are being restructured to optimize its own available resources with the resources available from NewMarket. As DCI is primarily a systems integrator and NewMarket is rich with systems integration resources, DCI will be sold. Defense Technology will tap NewMarket for systems integration resources and eliminate the expense of carrying redundant operational overhead. The DCI sale will create a complementary Homeland Security business partner that will broaden Defense Technology's sales resources, as DCI currently markets offerings that will be maintained by Defense Technology and NewMarket. NewMarket will begin immediately to move its other Homeland Security assets into Defense Technology. Soon, NewMarket's wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 assets will become part of Defense Technology. Defense Technology will also acquire Homeland Security assets independent of NewMarket. This week, Defense Technology was moved off of the Over the Counter Bulletin Board Exchange. The Company remains publicly listed and will continue to trade as an Over the Counter security, as opposed to an Over the Counter Bulletin Board security. While the move was unplanned and ultimately the result of the overall revitalization slow down, which in turn resulted from the previous differences between NewMarket and Defense Technology management, the move will actually facilitate an accelerated clean up of the prior operational legacy. The less stringent compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). will enable Defense Technology to concentrate limited resources on resolving balance sheet issues and getting up to date on required financial filings. Defense Technology anticipates moving back to the Over the Counter Bulletin Board Exchange within the next six months and distributing shares to NewMarket shareholders as previously announced. In 2002, NewMarket launched a paradigm changing initiative to create a new business model for continuously launching emerging technologies. The Over the Counter markets are instrumental to this paradigm changing initiative. In 2002, NewMarket was facing the legacy of a previously failed dot com dot com - com operation. Defense Technology's legacy does not compare. The NewMarket share price in 2002 was sub-penny and there was no market for the stock. NewMarket now has a trailing twelve month profitable revenue of over $40 million. NewMarket management has learned along the way and improved its approach to its paradigm changing initiative launched in 2002. Today, NewMarket is confident and enthusiastic about building this paradigm changing initiative into Defense Technology. About Defense Technology Systems, Inc. The Company has recently implemented a revitalization and redirection plan to leverage its experience in providing digital communication infrastructure solutions to Fortune 1000 companies and expand into providing overall Homeland Security solutions to major metropolitan municipalities. To accelerate the plan, Defense Technology earlier this year acquired a majority interest in an established defense engineering firm with 20 years of experience and a portfolio of proprietary technologies. The acquired company is a leading edge technology company specialized in engineering hardware and software solutions when commercial-off-the-shelf (COTS) products do not fulfill the critical requirements of enterprise, military or government organizations. In the acquisition, Defense Technology also established a strategic equity partnership with NewMarket Technology Inc. (OTCBB:NMKT) expected to accelerate organic sales growth of Defense Technology's products. Management intends to expand its Homeland Security product portfolio through further acquisition. For more information on Defense Technology Systems, Inc. visit: www.DefenseTechnologySystems.com 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 NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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 “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. (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 The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , 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. |
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