(NWMT) NewMarket and China Crescent (CCTR) Schedule Combined Update Webcast
March 14 2011 - 11:37AM
Marketwired
NewMarket Technology, Inc. (OTCQB: NWMT) and China Crescent
Enterprises, Inc. (OTCQB: CCTR) today announced a Webcast scheduled
for Thursday, March 17th to provide an update on the Companies'
progress toward previously announced strategic objectives.
NewMarket and its subsidiary, China Crescent, provide diversified
technology services, primarily in emerging economic markets, with
the bulk of services being systems integration. NewMarket and China
Crescent sell, customize and maintain brand name technologies from
leading technology providers such as Microsoft and Hewlett-Packard.
The Webcast update will include the latest on the two Companies'
concentration on systems integration services and plans to enhance
shareholder value in 2011 and beyond. A link to the Webcast will be
made available at www.chinacrescent.com and
www.newmarkettechnology.com upon release.
About China Crescent Enterprises, Inc.
(www.chinacrescent.com) China Crescent (PINKSHEETS: CCTR) (OTCQB: CCTR) is a
systems integration service provider that markets technology
outsourcing services in China including the sale and service of
brand name technologies such as Microsoft, Cisco, IBM, HP and Dell.
Following a strategic acquisition last year, the Company expanded
its business line to include original design manufacturing (ODM).
China Crescent reported $45 million in profitable revenue in 2009
after reporting over $40 million in revenue for both 2007 and 2008.
Headquartered in Dallas with operations in China, China Crescent
bridges the gap between global business cultures to assist clients
worldwide realize the advantages of the high quality, low cost
technology products and services available from China.
About NewMarket Technology, Inc.
(www.newmarkettechnology.com) NewMarket Technology's (PINKSHEETS: NWMT) (OTCQB:
NWMT) 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, 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
214-722-3065 Email Contact
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