Damit man sieht was man käuft. :-)))
""NewMarket Technology Inc. to Report Record Quarter in Latin America
Friday April 21, 7:56 am ET
CEO Updates Shareholders on Current Company Initiatives to Include Reduction of Fully Diluted Issued and Outstanding and Management Stock Purchase
DALLAS--(BUSINESS WIRE)--April 21, 2006--NewMarket Technology Inc. (OTCBB:NMKT - News) released a statement to investors today from CEO Philip Verges providing an update regarding recently announced strategic initiatives.
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Mr. Verges said, "NewMarket continues to execute through a transition from a start-up concern to slowly being recognized by Wall Street as the high growth sustainable operation it has become today. The reporting of healthy financial performance with fundamentally sound profits and balance sheet growth is at the core of this transition. We expect to complement our record revenue and profit recently reported for year end 2005 with a solid First Quarter 2006 financial report. NewMarket enjoyed 101% revenue growth in 2005 over 2004 reporting $50.1 million with $2.9 million in net income. Our First Quarter 2006 10Q filing will include record revenue from our rapidly expanding operations in Latin America. From NewMarket's entry into Latin America in 2004 in Venezuela, we have expanded operations into 5 Latin American countries to date and finished 2005 with revenue of over $9 million. Our Latin America business report will include the first consolidation of the recently acquired Unione Consulting in Sao Paulo, Brazil. Last year, Unione booked profitable revenues of approximately $14 million.
To enhance NewMarket's transition, we have initiated a number of strategic initiatives to support continued fundamental financial performance -- for instance, the recent expansion of our Board of Directors. Of particular interest to shareholders is our announced intention to reduce the fully diluted issued and outstanding and management's plan to purchase NewMarket stock in the open market. A reduction in the fully diluted issued and outstanding will be reflected in conjunction with the quarterly report. Management has recently completed the prerequisite organizational requirements and legal reviews to execute on a stock purchase program. In the coming weeks, shareholders can anticipate the SEC filings required when management make additional investments in the company.
As a result of recent coverage on our record year in revenue and net income, NewMarket increased its shareholder base. We endeavor to set ourselves apart from other micro cap public companies through frequent shareholder communications. I encourage new shareholders to add their e-mail address to our database for receipt of all press releases and other industry information by sending a request to ir@newmarkettechnology.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 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 - News), Cisco Systems (Nasdaq:CSCO - News) and Sun Microsystems (Nasdaq:SUNW - News). 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 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. The financial results achieved have been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005.
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 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.""
