(NWMT) NewMarket Affordable Housing Partner Vita Developments and Mountain Movers to Hold Charitable Fundraiser to Support Commu
11 Novembre 2010 - 7:25PM
Marketwired
NewMarket Technology, Inc.'s (PINKSHEETS: NWMT) (OTCQB: NWMT)
Greenfield Partnership Program today announced its affordable
housing partner Vita Developments, Inc. (www.vitadev.org) and
Mountain Movers International (www.mountainmovers.org) are
scheduled to host a charitable fundraising event this Saturday in
the Dallas - Fort Worth Metroplex to support an affordable housing
community under construction near Tegucigalpa, Honduras.
"The NewMarket Greenfield Partnership Program supports a broad
variety of small enterprises within developing economic regions to
include entrepreneurial construction projects working to build
safe, dignified, affordable and sustainable housing communities,"
said Philip Verges, NewMarket Founder and Chairman. "The NewMarket
affordable housing initiative was started by our former board
member, the late Major General Hugh Robinson. During the Johnson
Administration, General Robinson was the first African American to
ever serve on Presidential Staff. After the Army he served as the
Chairman of the Federal Reserve Bank in Dallas. It was a privilege
to work with him and his legacy remains at NewMarket. The
Greenfield Program exclusively works on projects with the potential
for high, rapid profitable growth and we believe socially
responsible projects have a better potential for long-term success.
To enhance the long-term success of its affordable housing
projects, NewMarket is working with two charitable organizations,
Vita Developments and Mountain Movers International, who have
partnered to ensure each community of affordable homes has a church
or other religious institution, school, market center and health
clinic in order to help the community become self sustaining and
not remain in need of serial charity. Vita Developments is hosting
a charitable event this Saturday in Dallas to raise funds for an
affordable housing community currently under construction in
Honduras. We are excited about this project and working with Vita
Developments and Mountain Movers as they create an infrastructure
that fosters the development of local small businesses and
sustainable housing for localized employment bases in the
developing economic regions where NewMarket focuses business
development."
How to Learn More and Make a
Contribution
Contact Vita Developments at info@vitadev.org to learn more
about the event this Saturday. You can also learn more about the
organization and find instructions for online and mail-in donations
at the Vita Developments Website www.vitadev.org.
Follow Vita Developments on Facebook at
http://tinyurl.com/VITADEV
NewMarket, Vita Developments, Mountain Movers
and The United Nations
A NewMarket Greenfield Partnership Program privately held
participant company in Honduras is facilitating the construction
financing of a 119 unit affordable home community outside
Tegucigalpa, Honduras while Vita Developments and Mountain Movers
raise charitable donations to build the supporting infrastructure,
such as the community market center and school, that is necessary
to keep poverty from simply being recycled into the new community.
Vita Developments and the NewMarket Greenfield Partnership Program
are already working on developing local small businesses run by
potential future residents of the community to support the
long-term sustainability of the new community. Philip Verges
recently highlighted one of the small business enterprises in
Honduras empowered by NewMarket and Vita Developments in a speech
at the United Nations in Geneva. Click on the link below to see the
speech.
http://tinyurl.com/VERGESUN
About NewMarket Greenfield Partnership
Program NewMarket launched the Greenfield Program last year to
facilitate the start-up and early stage development of high-growth
potential businesses. The Greenfield Program concentrates on early
stage, rapid growth opportunities in the world's emerging markets,
with program participants in China, Southeast Asia, South and
Central America and East Africa, in addition to a handful of
program participants in North America. Program participants include
China Crescent Enterprises, Inc. (OTCBB: CCTR), NuMobile, Inc.
(OTCBB: NUBL) and Savanna East Africa, Inc. (PINKSHEETS: NVAE).
Follow the Greenfield Partnership Program on Facebook at:
http://tinyurl.com/greenfieldpp
About Vita Developments (www.vitadev.org)
The mission of Vita Developments is to create and manage dignified
and affordable housing around the world. Vita's plan would create
sustainable communities that would be respectable and safe,
providing the environment needed to nurture residents as they
learn, practice and utilize personal skills, enhancing continued
growth. Each Vita property would provide its citizens with housing,
a place of worship, community center for both commerce and civic
activities, a health clinic, school and daycare, as well as other
services.
The Honduran affordable housing project is under development in
partnership with Mountain Movers International and all funds
donated to Vita at this time will go directly to Mountain Movers
for use on this project. To find out more, visit www.vitadev.org.
Follow Vita Developments on Facebook at
http://tinyurl.com/VITADEV
About Mountain Movers International
(www.mountainmovers.org) Mountain Movers empowers missionaries to
excel in their calling. By nurturing new missions and helping them
with logistical support, we enable resources to be nimble enough to
meet the critical needs of victims of poverty, famine, disease, and
natural disaster while sharing the love of Christ. Mountain Movers
currently works in over 40 countries and has over 150 missionaries.
100% of donations received go straight to the mission field. MMI is a
non-profit, 501(C)(3), relief and development agency. All donations
in support of Mountain Movers are tax
deductible as defined by the United States Internal Revenue
Service.
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.
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REFORM ACT OF 1995
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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.
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Contact: NewMarket Technology, Inc. Email Contact
214-722-3065
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