Worldwide Strategies (WWSG) to Integrate NewMarket (NWMT) Greenfield Partnerships With China Crescent (CCTR) and Nova Energy (NV
12 Aprile 2010 - 3:00PM
Marketwired
Worldwide Strategies, Inc. (OTCBB: WWSG) has released a Webcast
from CEO James Samuels presenting a strategic update on the
Company's plans with NewMarket Technology, Inc. (PINKSHEETS: NWMT)
(OTCQB: NWMT). The presentation provides an overview of the
anticipated benefit to Worldwide from NewMarket's Greenfield
Partnership Program and current participant companies, including
China Crescent Enterprises, Inc. (OTCBB: CCTR), NuMobile, Inc. and
Nova Energy, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE). The Greenfield
Program was introduced last year to accelerate and enhance the
introduction of new technology innovations into new markets. Both
NewMarket and China Crescent recently received favorable reviews by
a research analyst, which have also been reviewed in the Webcast
presentation. The Webcast is available for on-demand viewing at
http://tinyurl.com/y8823s5.
NewMarket and Worldwide have entered into a letter of intent to
combine NewMarket's operations headquartered in Brazil into
Worldwide as a first step towards building a national exchange
listed emerging market systems integrator. The transaction is
expected to rapidly establish an approximate $20 million annual
revenue stream for Worldwide. The comprehensive NewMarket and
Worldwide strategy is focused on directing combined resources on
building toward a $1 billion global revenue target.
About NewMarket Technology, Inc.
(http://www.newmarkettechnology.com/)
NewMarket is a reporting company with audited financial reports
filed with the SEC. NewMarket provides systems integration,
technology infrastructure services and emerging technology
worldwide. NewMarket has a focus on providing technology and
support services to rapidly growing economies where technology
purchasing is on the rise. In addition to its base of operations in
North America, NewMarket has operations today in the growing
economies of China, Southeast Asia, Brazil and Northern Latin
America. Last year the Company reported over $40 million in revenue
from Asia and over $20 million in revenue from Latin America.
Overall, NewMarket reported over $95 million in revenue for
2008.
Across the globe, NewMarket is a Microsoft and Oracle partner,
distributes various computer hardware and peripherals from brand
partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo
and is also an authorized reseller of operating systems and various
software from companies such as Red Hat, Sybase, IBM, BEA, Veritas
and others. Additionally, the Company works with emerging
technologies such as mobile computing, various security and
wireless broadband technologies. NewMarket's rapid growth since
2002 has placed the Company on the Deloitte Technology Fast 500 for
5 consecutive years. NewMarket was recognized as the third fastest
growing technology company in the United States in 2006 and the
number one fastest growing technology company in North Texas for
two years in a row.
About Worldwide Strategies, Inc.
Worldwide Strategies, Inc. is a development tool stage business
that has built a proprietary affinity marketing process and system
to provide clients with outsourced services including
multi-language capabilities. The affinity market business has
signed several substantial contracts but has not established
significant revenue.
"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 provisions 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 the Companies'' 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.
Contact: Worldwide Strategies, Inc. 303-991-5887
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