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[QUOTE]Originally posted by Tigress: [QB] Anyone in this one right now? NewMarket Technology Inc expects revenue growth in Latin America with oil price increase By M2 Last Update: 11/11/2005 6:55:36 AM Data provided by Nov 11, 2005 (M2 EQUITYBITES via COMTEX) -- NewMarket Technology Inc (NMKT), a systems innovation company, announced on Thursday (10 November) that it anticipates continued revenue growth from its Latin American operations. The expected revenue growth is tied to the high price of oil, and in addition the company has recently obtained an USD2.4m sales contract to provide SAP (SAP) with manpower and consulting services supporting Venezuela's nationalised oil production. The company entered the Latin American systems integration market last year through the acquisition of RKM IT Solutions, the Microsoft (MSFT) partner in Venezuela, which had annual sales of USD2m. NewMarket said that it expects 500% year-to-year organic growth at RKM in 2005 with year-to-date revenues already at USD10m. [/QB][/QUOTE]
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