(NWMT) NewMarket Technology Reports $118 Million in Annual Revenue With $2.6 Million Net Income for 2010
April 27 2011 - 8:30AM
Marketwired
NewMarket Technology, Inc. (PINKSHEETS: NWMT) today announced the
Company has filed its 2010 annual report on Form 10-K. The Company
reported $118 million in revenue and $2.6 million in net income for
2010, up from $98 million in revenue and $1.6 million in net income
reported in 2009. NewMarket plans to release a Webcast presentation
to provide a brief review of the annual report shortly. To review
the annual report in its entirety, or any of the Company's filings,
visit the Investor Relations section of the corporate website at
www.newmarkettechnology.com for a link to all Company filings.
Additionally, NewMarket has scheduled an on-demand Webcast from
CEO Bruce Noller for release this Friday, April 29th to present
updates to the Company's business strategy for 2011.
Links to the Webcasts will be posted to the Company's corporate
website www.newmarkettechnology.com under 'Investor Relations' upon
release and emailed to corporate email subscribers.
Recent Letter to Shareholders and Re-Focus on
Systems Integration NewMarket recently released a letter to
shareholders and a Webcast from CEO Bruce Noller reviewing the
Company's plans to re-focus on the information technology market.
NewMarket provides systems integration services globally, primarily
concentrated on emerging market regions. The recent letter and
Webcast are available for review on the Company's corporate
website, www.newmarkettechnology.com, under 'Investor
Relations.'
About NewMarket Technology, Inc.
(www.newmarkettechnology.com)
NewMarket Technology's (PINKSHEETS: NWMT) current portfolio of
operating subsidiaries provides systems integration and technology
infrastructure services. NewMarket's operations strategically focus
on providing technology and support services in emerging and
developing economies with high growth rate potential. NewMarket has
operating subsidiaries today in China, Singapore, Brazil and
Northern Latin America. Overall, NewMarket reported over $95
million in revenue for 2008 and reported over $98 million in
revenue for 2009.
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
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