NewMarket Technology Inc. Releases Update on Progress to Date Toward 2006 Plan For $58 Million In Profitable Revenue And Outlines Potential for 60% Upward Revision in Revenue Forecast; Update Includes Q106 Anticipated Benchmark Events 2/7/2006
DALLAS, Feb 07, 2006 (BUSINESS WIRE) -- NewMarket Technology Inc. (OTCBB:NMKT) today released an update on progress to date toward its business plan in 2006. The Company has forecasted 15% annual revenue growth in 2006 to a profitable $57.5 million over last year's profitable $50 million (unaudited). Recently the Company released specific business plans for each of its six operating business units. The $83.5 million sum of the fully consolidated business unit revenue goals for 2006 represents more than a 60% increase over NewMarket's 2005 revenue. The business unit goals are based on corporate developments not yet consummated. At the close of each fiscal quarter the annual forecast will be reviewed and updated as required.
Business Unit Revenue Goal--------------------------------------------------Latin America $25,000,000China $28,000,000Systems Integration $12,500,000VoIP $15,000,000Healthcare $ 3,000,000--------------------------------------------------Upward Revision Potential $83,500,000 In addition, the unconsolidated Homeland Security revenue forecast for 2006 is estimated at $10 million and is reported in NewMarket's affiliate company, Defense Technology Systems (OTC:DFTS).
Business Unit goals include the previously announced planned acquisition of UniOne in Sao Paulo, Brazil, with approximately $11 million in profitable annual sales. This acquisition constitutes a substantial portion of the Latin American $25 million 2006 revenue goal. The acquisition is expected to close in the very near future. Both the buyers and sellers are enthusiastic and working diligently to complete the transaction. The completion of this transaction is a likely candidate event that would trigger an upward revision of NewMarket's overall 2006 forecast after the close of Q1 '06 and the filing of the quarterly report.
"NewMarket has grown substantially from $2.3 million in revenue in 2003 to over $50 million in 2005," said Philip Verges, CEO of NewMarket Technology Inc. "We anticipate continued rapid growth in both revenue and income. Our new approach in 2006 is to communicate a balance between potential and prudence to provide shareholders with a reasonable forecast, while at the same time providing detailed information behind the Company's plan to exceed that forecast. We know our key to achieving continued growth lies in the successful expansion of our management team and the reinforcement of our operational processes and procedures. We have already announced the addition of Mr. Rauch as our CFO and shareholders can expect additional management and director announcements to be shortly forthcoming. Nearly halfway through the first quarter of the year, I am optimistic we will exceed the 15% growth forecast for 2006 over 2005."
NewMarket combines a traditional technology services offering with an emerging technology incubation business function. The result has been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005 (unaudited). NewMarket was named in 2005 as the 13th fastest growing technology firm in North America on the Deloitte Technology Fast 500.
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), Cisco Systems (Nasdaq:CSCO) and Sun Microsystems (Nasdaq:SUNW). 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 announced that it 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.
Posted by matto on :
And did you notice the low volume? It's almost not there. With some few nice news this will fly, or what're your opinions?
Posted by Black0r on :
Well, maybe we should tell them to do some updating on their site. At least do some investor information and publish latest press releases.
I would give them a call, but as I'm not a native speaker of the english language, I'm sure here's someone more suitable for this job. Posted by The Green Demon on :
just placed a order for 70,000 at the ask price
Posted by matto on :
i WENT IN BOTH TODAY, i LIKE THIS SET AND THEY SHOULD BOTH HAVE GREAT GAINS AND MULTIPLE PRS TO PUSH THEM.
Posted by The Green Demon on :
not letting me buy
Posted by The Green Demon on :
switched to .036
Posted by 85yrs till retirement on :
ask is now at .04 :-)
Posted by matto on :
WE ARE GOING TO HAVE FUN WITH THIS ONE!!
Posted by 85yrs till retirement on :
I was having, well, how should I put it...
ISSUES!!!!!!
.... with DDSI and CNES. Stupid nubi moves. What can I say, my family has a history of buying high and selling low. I am hoping to beat heredity here.
Help me in my mission :-)
Posted by The Green Demon on :
not enough volume and the BxA is too spread out
Posted by 85yrs till retirement on :
Oh, and our new baby is up 9% from open with a volume of less than 95k shares.
Posted by Black0r on :
85yrs till retirement: How may I help you? This one at least didn't already pop.
Green Demon: Yes, volume is very low, but I think that's the interesting part. If no one wants to sell, this should pop really fast as soon as volume will come in.
Posted by The Green Demon on :
true...but can you get out...I got in at 3.5-3.6 and now I am in for $800 but the rest of my money is just sitting there at 3.6 waiting for a fill. It seems that at each price point there are about 20,000-40,000 shares
Posted by Black0r on :
Sure I can get out. At the moment at .036, you would buy them!
Okay, to be serious: If volume comes in, I don't think it would be a problem to come out. Okay, depends on the amount you're in. If you're in with 1 Mio shares, well then it could get somewhat harder.
Are there other groups thinking about this one? I mean, is it getting noticed on other boards, too? Because the only problem of this thing is the volume.
And if you watch this http://stockcharts.com/gallery/?DFTS, you'll notice that there was some useful volume until beginning of 2005. It also seems like all invested are still sticking with this one.
Posted by The Green Demon on :
Hey I want it to go up as well I just got a little nervous when I had to change from 3.5 to 3.6 and still I was not filled on only 70k shares.
The other one that I bought today was dbmi...next resistance is at .17 and the charts look great IMO. I am going to start a new topic on it right now
Posted by Black0r on :
Hmm, a stock you can't buy isn't the best stock, right. But there're 37Mio out there.
Matto, what to do now? We're lost in space. lol
Posted by The Green Demon on :
.038 moving up
Posted by The Green Demon on :
.04 now we're moving
Posted by matto on :
Ok i picked another winner, I posted this news once it came up , alot of people dont even know about it yet! We are in great shape for the am. 3 or 4 times our money!!!!
Posted by The Green Demon on :
3-4 times may be excessive but if we can close here tomorrow will be a great day. It has had troble breaking its 50 day and closing there but not today... GO GO GO
Posted by 85yrs till retirement on :
Yes! Thank you!
I made some decent $ last week on USXP but then turned around and tried to duplicate riding the wave on the stocks I mentioned earlier. Thing is however, I got in as the wave was coming down:-( I just got lucky with USXP...
Nice to be on the ground floor for a change.
Again, thanks for the tip there, matto!!!!!! We will see how this plays out.
Posted by matto on :
Well 153,350 in sales of this and it moved 21% just imagine what 1,000,000 shares will do wednesday!
Posted by The Green Demon on :
that is true
Posted by matto on :
Posted by matto on :
OK if we are all in make sure tonight we take a few min. and tell all of our friends on the other boards, and all the group runners to read the news! Let everone know its a low floater and we may get rich!
Posted by matto on :
THIS COULD BE HUGE!!!
Posted by The Green Demon on :
2 bagger is possible
Posted by Black0r on :
If they're smart they will right bring some news concerning the relationship with NewMarket Technology Inc., especialy their estimated revenue of $10 Mio. and how they will achieve them. This would really bring this on fire.
In addition, the unconsolidated Homeland Security revenue forecast for 2006 is estimated at $10 million and is reported in NewMarket's affiliate company, Defense Technology Systems (OTC:DFTS - News). Posted by Black0r on :
Okay, http://biz.yahoo.com/bw/060203/20060203005309.html?.v=1 gives a little insight into this, but I think DFTS itself should show some more initiative now. I'll send them a mail tomorrow, lets see what they've to say.
Posted by The Green Demon on :
Here is the great thing...This stock is getting hit but hasn't even been mentioned on any other boards in months. Could be bigger than we even think
Posted by Black0r on :
Yeah, this would also explain the low P/E of just above one, and also why there's not much volume: Because the invested know it's undervalued, and the others don't know about it.
Or would this be too great to be true? Well, we'll see. Posted by Black0r on :
Okay, reports themself don't mean anything, but no report for years, and then two reports just in one week... They wouldn't do reports, if they think no one's interested in this stock. lol
Posted by matto on :
Overall I would say that they're doing a lot of stuff in the background and their outdated site doesn't reflect any of these activities. They really have to bring up some new website, showing their current development status. As said yesterday, I'll mail them now! Posted by matto on :
I also mailed them yesterday!
Posted by matto on :
Very nice pre-market on the parent co, nmkt only good things to come for this!
Posted by Black0r on :
Mailed them a minute ago. I mailed both, lcgroup*mindspring.com (PR agency) and sfitzpatrick*dataworlddirect.com (Given contact on their site). Will let you know if I get something back.
Posted by matto on :
slow and steady wins the race on this one!!!
Posted by The Green Demon on :
this one is one of my favorites right now with out a doubt
Posted by matto on :
here we go !
Posted by The Green Demon on :
going,going......
Posted by Black0r on :
Yeahhh, real nice volume comes in....
Posted by The Green Demon on :
These charts look out of this world
Posted by 85yrs till retirement on :
I was wondering why we are the only ones talking about this... I know the volume will go up, but I have a theory as to why it has not jumped yet: It's that stupid USXP stock!!! They are still so busy playing that bouncy ball they are missing this ICBM perched right under their noses!!!
Come on people... return from the dark side :-)
Posted by The Green Demon on :
I call up 50% from what I bought it at yesterday and rising taking off
Posted by The Green Demon on :
I mean 40% and did you see that increase in Vol right now. It looks like we will break the high for the year ( in a year rather) on a up day
Posted by Revrat on :
Good call once again. Unfortunatley not all of my orders got filled so I am not making out as well as I hoped.
Posted by The Green Demon on :
happened to me yesterday...I just bought at the new ask. Of course the spread wasn't so big
Posted by matto on :
WELL THE WAY I LOOK AT IT IS WE TAKE SMALL 30% EACH DAY FOR A WEEK OR SO THEN A STRONG PR COMES OUT WHEN ITS AT .10 AND THE PF IS JUST ABOUT THIS COMPANY! THEN EVERYONE GOES CRAZY RAISING IT TO .35 OR HIGHER AND RIDE THE WAVE!!!!! SOUND GOOD!!!!!!!!!! Posted by The Green Demon on :
that would be nice
Posted by matto on :
SEE WE ARE ON THE BOTTOM,ONLY ONE WAY TO GO!!!!UP
Posted by matto on :
Did you guys some posts at some other boards?
Posted by matto on :
As i said yesterday slow and steady 20% gains for a week! Then boom
Posted by The Green Demon on :
no I have not post ed anywhere but I dont think that we need the attention this thing is kicking a$$
Posted by The Green Demon on :
great volume coming in
Posted by Black0r on :
The volume today isn't that great. lol It's damn friday... Posted by Black0r on :
Hey, I got my mail answered!
I have forwarded on to DFTS and they have said they are updating the site as we speak. There will be a new website address also when it goes live.
Thank you,
Rick Lutz LC Group
I'm sure this WILL make some great momentum as soon their new site goes online because this will be the "dot on the i" of their complete repositioning: New company orientation, new CEO and new site incl. new address.
This makes this babe very interesting now.
Posted by cali99boy on :
hopefully something happens Posted by The Green Demon on :
I had to get out of this one on friday....It just seemed like it was dead
Posted by Black0r on :
Hmm, yes, maybe we should get out and be back on the next mayor news. Posted by Revrat on :
Anyone know what happened here today? All of a sudden it jumps 67%. no news that I can see yet.
Posted by Wino Ph.D. on :
NMKT has a conference call meeting tomorrow, they own DFTS so maybe there is an insider rumor about the dividend the company said they have in the works for DFTS. See NMKT thread for info about the conference call.
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With some few nice news this will fly, or what're your opinions?
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