posted
Press Release Source: NewMarket Technology, Inc.
NewMarket Technology Inc. To Conduct Conference Call on April 6 at 4:05 p.m. EDT to Review 300% Increase in EPS on $50.1 M in Revenue and $2.9 M Net Income in 2005 Monday April 3, 9:41 am ET CEO and CFO to Update Investors on Plan to Reduce Issued and Outstanding, Increase Organic Growth and Enhance Profitability
DALLAS--(BUSINESS WIRE)--April 3, 2006--NewMarket Technology, Inc. (OTCBB:NMKT - News) today announced an earnings conference call to be conducted on April 6 at 4:05 EDT to review the 2005 annual report filed on SEC Form 10KSB on March 31.
"We believe the 2005 financial results validates NewMarket's business plan introduced in 2002," said Philip Verges, Chairman and CEO. "Launching a new operation with the goal of defining a new market segment is a bold undertaking. Understandably, such initiatives are harshly scrutinized. Our record 2005 profit which represents an increase in operating margins and a 300% increase in earnings per share over 2004 is a major step towards building awareness of NewMarket on Wall Street. NewMarket's positive financial performance is generating new investor interest in our business plan to develop an improved alternative to current corporate high-tech research and development. We firmly believe that many of the challenges in funding research and development can be overcome by our approach to introducing emerging technologies. We look forward to sharing NewMarket's 2005 financial results in more detail on the conference call and providing highlights on progress toward goals in 2006."
Philip J. Rauch, Chief Financial Officer, said, "It will be a pleasure to present these impressive financial results for 2005 and answer questions from our shareholders for the first time since joining the NewMarket team." http://biz.yahoo.com/bw/060403/20060403005790.html?.v=1
NewMarket Technology Inc. Changes Conference Call Phone Number to Accommodate Significant Increase in Investor Interest Wednesday April 5, 1:48 pm ET Record Revenue of $50.1 Million and Net Income of $2.9 Million for 2005 to Be Reviewed and Discussed by CEO and CFO
DALLAS--(BUSINESS WIRE)--April 5, 2006--NewMarket Technology, Inc. (OTCBB:NMKT - News) has changed the previously announced earnings conference call phone number to accommodate the significant increase in investor interest. The new dial-in number for the Thursday, April 6 conference call at 4:05 p.m. EDT is 563-843-7510 with access code 809315#. An audio recording of the conference call will be posted on the NewMarket Technology website by Wednesday, April 12, 2006. Philip Verges, Chairman and CEO, and Philip J. Rauch, Chief Financial Officer, will present the highlights of the company's record fiscal year and business plan going forward. In addition, they will address pre-submitted shareholder inquiries. In the interest of maximizing the value of the conference call for all participants, please submit questions by 10:00 a.m. EDT on Thursday, April 6 to Investor Relations at LCGroup*mindspring.com. ADVERTISEMENT
Additionally, the Wall Street Transcript (www.twst.com) will feature an interview with Mr. Verges in its April 10, 2006, issue entitled "Business Services". A copy of the interview will be available on the company's corporate website on April 10. The Wall Street Transcript (TWST) conducts in-depth interviews of CEOs of public companies to provide an unscripted, first-hand perspective for TWST subscribers, which includes mutual fund managers, research analysts, money managers, investment brokers and individual investors.
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT - News), Cisco Systems (Nasdaq:CSCO - News) and Sun Microsystems (Nasdaq:SUNW - News). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. As a Systems Innovator, NewMarket has set itself apart from the systems integration market through the introduction of a technology business model that monetizes the value of emerging technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends. NewMarket recently ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket's revenue increased 18,082 percent during this period. The financial results achieved have been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact: NewMarket Technology, Inc. Investor Relations Rick Lutz, 404-261-1196 ir*newmarkettechnology.com www.newmarkettechnology.com
-------------------------------------------------------------------------------- Source: NewMarket Technology, Inc.
posted
DFTS is one of the companies owned by NMKT, trading at 0.05 on a late run today. There has been a dividend rumored on this one but at date hasn't been announced yet. May be it will come in at tomorrow's meeting. Certainly a nice EOD run (+66%) for this stock that has been that active the past few weeks.
posted
I ran across this PR from 4/7. NMKT is to anounce news on May 15th and according to this PR due to a new business venture revenues are suposed to jump. Anyone in this? It's at .47 per share now but I think it will jump around the 15th. Anyone have any thought?
-------------------------------------
On the call, the CEO, Philip Verges, and CFO, Philip J. Rauch, reviewed the Company's 2005 financial report emphasizing improved cash flow and cash on hand, while indicating that the improvement would mitigate or eliminate any future use of equity to form capital or acquire operating assets.
Other notable topics discussed on the call included:
Over the next twelve months, the Company expects to declare dividends to shareholders in the form of stock in the spinoffs of the System Integration, VoIP, and NewMarket China subsidiaries, with NewMarket Technology retaining a majority equity interest.
The operational results of recently acquired UniOne in Brazil with 2005 revenue of $14 million would be consolidated for the first time in NewMarket's financial results for First Quarter 2006 due to be filed by May 15.
The operational results of the Company's ongoing initiative to acquire additional "UniOne" type operating assets could result in significant upward revisions of the Company's current 2006 forecast, with little or no impact to the issued and outstanding.
Additionally, the operational results of the Company's recent initiative to add Information Technology Business Process Outsourcing (IT BPO) contracts could also result in a substantial upward revision of the Company's current 2006 forecast, with minimal or no impact to the issued and outstanding.
The Company will open a Chinese Software Development Center in North America to feature the efficient high quality application programming and maintenance services available from China within the next few months. The Development Center will support NewMarket's sales of IT BPO fulfilled from its operations in China.
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
