MSNBC Highlights (NMWT) NewMarket SMB Solidarity Movement With Greenfield Partners (CCTR) China Crescent, (NUBL) NuMobile and (N
03 Febbraio 2011 - 3:00PM
Marketwired
NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT)
launched the Greenfield Partnership Program to facilitate Small and
Medium Businesses (SMB) from around the world in coming together in
a practical and unified effort to address the economic resource
inequities facing the SMB sector in both domestic and global
markets. The practical Greenfield approach is intended to have a
real and timely positive expansion and growth impact for Greenfield
partners in addition to effecting long range changes for the SMB
sector overall.
The Company's recent release of a Greenfield Partnership Program
videocast has been featured on MSNBC (http://tinyurl.com/NWMT-MSNBC). The videocast provides
an overview of the current status and future plans for the
Greenfield Partnership Program and a review of the current state of
the small business market. In conjunction with the videocast,
NewMarket has released eight 2-3 minute Webcasts expanding upon
topics mentioned in the videocast. Webcast topics include:
- Greenfield Partnership Program Background
- Emergency Economic Stabilization Act/TARP
- Social Media
- Discretionary Income
- Speculation
- FINRA & OTC
- Operation Broken Trust
- Importance of small business to the economy
The video and Webcasts, which are collectively titled,
'NewMarket Technology & The Greenfield Partnership Program
Videocast (January 2011)' are now available for on-demand viewing
by going to www.newmarkettechnology.com and clicking on 'Investor
Relations.'
Greenfield partners are benefiting today by combining forces
while raising funds, participating in cooperative sales and
marketing campaigns and sharing back office resources. Greenfield
partner success stories include:
South American Telecommunications Equipment
China Crescent (OTCBB: CCTR) recently announced a third shipment
of telecommunications equipment to a Greenfield partner in South
America. NewMarket Greenfield partners in South America and China
coordinated resources following a Shanghai conference last year to
sign a telecommunications contract anticipated to generate
approximately $1.2 million in revenue over a 12 month contract
period.
$160 Million LOI in Japan
Last year, China Crescent entered into a formal letter of intent
(LOI) agreement with an undisclosed Japanese firm to develop and
provide 10,000 custom Wi-Fi devices. In conjunction with the LOI,
the Japanese firm placed a $1.6 million purchase order for 100 sets
of the device in order to conduct a pilot test. NuMobile, Inc.
(OTCBB: NUBL) was been selected by China Crescent to provide a key
proprietary software component for the special purpose Wi-Fi
communication device. The Japanese customer has committed to
purchase 10,000 of the custom Wi-Fi devices for a total of $160
million over the next three years, subject to the performance of
the first 100 sets.
East Africa Expansion:
Separately, NuMobile, China Crescent and Savanna East Africa,
Inc. (PINKSHEETS: NVAE) (PINKSHEETS: NVAE) have partnered to build
a wireless broadband network in Nairobi, Kenya. The broadband
network is intended to provide a wireless meter reading capability
to local utility companies. After successful completion of the
testing phase, the wireless broadband project is expected to expand
throughout Nairobi, followed by expansion to additional cities and
countries throughout East Africa.
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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.
Follow the Greenfield Partnership Program on Facebook at:
http://tinyurl.com/greenfieldpp and on Twitter at
http://twitter.com/greenfieldpp.
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.
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Contact: NewMarket Technology, Inc. Investor Relations Email
Contact 214-722-3065
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