Printer Friendly

NewMarket Technology, Inc., a Top 5 in Deloitte Fast 500, to Present 70% Profitable Revenue Growth 2007 Forecast to $120 Million at Las Vegas Global Equities Conference.

Presentation to Highlight Strategy of Independently Listing Subsidiaries and Issuing Stock Dividends Featuring Recent Listings of NewMarket China and NewMarket Latin America

DALLAS -- NewMarket Technology, Inc. (OTCBB:NMKT) CEO Philip Verges, will present the company's 2007 business plan to continue revenue and income momentum in 2007 at the Friedland Capital Global Equities Conference in Las Vegas February 25-27. Mr. Verges will be presenting at 11:40 AM on Monday, February 26, 2007.

NewMarket Award-Winning Strategy to Develop Emerging Technology

NewMarket Technology ranked fifth on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. This is the third consecutive year that NewMarket has been ranked on Deloitte's Technology Fast 500. NewMarket Technology continues to maintain a rapid growth rate expecting to report $70 million in revenue in 2006 and $120 million forecasted in 2007.

Recent Analyst Recommendation of $0.78 PPS vs. Current $0.36 PPS Average

Beacon Equity Research issued an independent analyst report rating NewMarket as an "Outperform" with a fair market value of $0.78. The research report and a research update are available at www.beaconequityresearch.com.

Strategy to Independently List Subsidiaries and Issue Stock Dividends

The independent listing of NewMarket subsidiaries is core to the Company's overall growth strategy and central to NewMarket's focus on building shareholder value. NewMarket listed subsidiaries can utilize their own public stock to acquire and fund further emerging technology growth. Concurrently, NewMarket financial performance benefits from the rapid growth of consolidated self funding subsidiaries. NewMarket shareholders can directly monetize the investment that NewMarket has made in its subsidiaries assets when NewMarket distributes stock in the independently listed subsidiary operations to NewMarket shareholders through dividend distributions.

NewMarket China and NewMarket Latin America

NewMarket announced this week the completion of a transaction with Paragon Financial Corp. (OTC:PGNF) to effectively list NewMarket's Latin America operation, which is expected to report over $20 million in 2006 profitable revenue. This transaction is the second transaction in recent months to list one of NewMarket's subsidiary operations. In the fourth quarter of last year, NewMarket completed the independent listing of its operations in China. The operations name has recently been changed to NewMarket China (OTCBB:NMCH). The operations consolidated into NewMarket China are anticipated to report 2006 revenue substantially exceeding $20 million in 2006 revenue with a 2007 forecast for $40 million in revenue.

Las Vegas Global Equities Conference February 25-27

The 2007 Global Equities Conference in Las Vegas will be held at the Rio Suite Hotel and Casino from February 25-27. Global Equities Conferences are special events, including formal presentations and panel discussions where members of the financial community, including portfolio managers, analysts, fund managers, brokers, investment bankers, and individual investors, meet with select senior management of publicly-held and privately-held companies.

If you are interested in attending the conference in Las Vegas, please go to www.friedlandevents.com to register.

To be added to NewMarket's corporate e-mail list for shareholders and interested investors, please send an e-mail to ir@newmarkettechnology.com.

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

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. In addition to an emerging technology portfolio, NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), SAP (NYSE:SAP), Siebel (Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW). NewMarket delivers its portfolio of prevailing and emerging 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 through the independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.

"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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 22, 2007
Words:752
Previous Article:Teva Announces Approval of Rabeprazole Sodium Delayed-Release Tablets.
Next Article:Talx Corporation to Present at the Robert W. Baird 2007 Business Solutions Conference.
Topics:


Related Articles
NewMarket Technology Inc. Releases Update on Progress to Date Toward 2006 Plan For $58 Million In Profitable Revenue And Outlines Potential for 75%...
NewMarket Technology, Inc. Releases Progress Update on $50 M in Revenue Anticipated in 2005 Report, Plans for $500 M and Future of Shareholder...
NewMarket Technology Inc. Releases Business Plan for $12.5 Million in Unique Systems Integration Revenue in 2006; Systems Integration Plan is Fifth...
NewMarket Technology, Inc. Expands Latin American Software Factory with Clients Oracle and Baan and Moves to Separately List Subsidiary in...
NewMarket Technology, Inc. Forecasts $120 Million in Profitable Revenue for 2007 and Anticipates Meeting $70 Million Forecast for 2006 with Record...
NewMarket Technology, Inc. To Present Business Plans For Independently Listed Subsidiaries February 13th, 14th and 15th in Boca Raton, Atlanta and...
NewMarket Technology, Inc. Signs $15 Million Service Contract to Support California Company Launching International Expansion.
NewMarket Technology, Inc. Releases Update on $120 Million 2007 Revenue Forecast, $500 Million 2010 Revenue Goal and Dividend Distributions.
NewMarket Technology, Inc. to Announce Second Independent Public Listing of a Subsidiary Operation at Presentation in Boca Raton, Florida, Tomorrow.
NewMarket Technology, Inc. Announces Strategic Five-Year Plan for Continued Growth from $77 Million in Profitable Revenue to $500 Million in Highly...

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters