(NWMT) NewMarket and (CCTR) China Crescent Kick Off Trade Mission to India for Planned Systems Integration Expansion
31 Agosto 2010 - 3:00PM
Marketwired
NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) today
announced that Company management has kicked off a Trade Mission to
India this week. Earlier this year, NewMarket announced plans to
expand its systems integration operations into India as part of a
strategic plan to expand the Company's annual revenue base to
augment its 2010 $150 million annual forecast and improve net
income.
NewMarket provides systems integration services in China,
Southeast Asia, Latin America, North America and East Africa, with
a primary focus on the world's emerging and growing markets.
Systems integration services include technology reseller,
customization, integration, outsourcing and support services.
NewMarket's technology services operations in China and Brazil are
poised to provide offshore systems integration and technology
outsourcing services in the United States and Western Europe.
However, today China and Brazil are not yet widely recognized as
technology outsourcing resources for Western markets. India is a
recognized global technology services outsourcing resource, and the
Company has been developing plans to expand its outsourcing
services, established in 2009, through geographic expansion into
India. Senior management from both NewMarket and its Greenfield
Partner China Crescent Enterprises, Inc. (OTCBB: CCTR) will be
conducting a series of meetings in India to evaluate local systems
integration acquisition candidates.
Second Quarter Review Webcast Available
Now
NewMarket Technology released a Webcast conducted by NewMarket's
Chief Financial Officer, Philip J. Rauch, last week to review its
recently filed second quarter 2010 financial report. For the first
six months of 2010, NewMarket reported a 26% profitable revenue
growth to $55 million compared to the same period in 2009. Net
income for the first six months of 2010 was up over 100% to $1.49
million compared to the same period in 2009.
The Webcast is available for on-demand review at the corporate
Website under Investor Relations section at
www.newmarkettechnology.com.
Sign Up to Receive Regular NewMarket
Updates NewMarket sends regular Company updates to its opt-in,
permission-based email database. Interested investors can easily,
safely and quickly register to receive these communications
directly on the corporate website homepage at
www.newmarkettechnology.com. Recipients can manage their own email
contact profile and safely unsubscribe at any time.
About NewMarket Technology, Inc.
(www.newmarkettechnology.com) NewMarket Technology is a global small business
incubator. NewMarket's current portfolio of operations provides
systems integration, technology infrastructure services and
emerging technology. NewMarket's operations strategically focus on
providing technology and support services in emerging and
developing economies with high growth rate potential 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, Africa, Brazil and
Northern Latin America. Overall, NewMarket reported over $95
million in revenue for 2008 and reported over $98 million in
profitable revenue for 2009.
NewMarket's operations provide services and support for both
brand-name technologies, such as Microsoft, as well as emerging
technologies ranging from mobile computing to various security and
wireless broadband technologies. NewMarket's rapid growth since
2002 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.
"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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: NewMarket Technology, Inc. Investor Relations
ir@newmarkettechnology.com 214-722-3065
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Lug 2023 a Lug 2024