posted
Ran across this PR from last month. Anyone have any thoughts?
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.
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VectorVest Stock Analysis of NewMarket Tech as of 5/5/2006
This report has five major sections. Capital Appreciation Analysis Dividend Analysis Price-Volume Data Sales / Market Capitalization Information Summary
The ticker symbol for NewMarket Tech is NMKT. NMKT is traded on the NASDAQ - (O)
Business: NewMarket Tech, (NMKT) sells communication technology solutions and services. The Company focuses on Voice over Internet Protocol (VoIP) solutions and technologies for the healthcare, public safety, and homeland security industries. NewMarket is active in North and South America, and in Asia. Business Sector: NMKT has been assigned to the Internet Business Sector. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors. Industry Group: NMKT has been assigned to the Internet (E:Commerce) Industry Group. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
Capital Appreciation Analysis Back to top
Value: Value is a measure of a stock's current worth. NMKT has a current Value of $0.54 per share. Therefore, it is fairly valued compared to its Price of $0.50 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.
RV (Relative Value): RV is an indicator of long-term price appreciation potential. NMKT has an RV of 0.89, which is fair on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest favors the purchase of stocks with RV ratings above 1.00.
RS (Relative Safety): RS is an indicator of risk. NMKT has an RS rating of 0.65, which is poor on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistency and predictability of a company's financial performance, debt to equity ratio, sales volume, business longevity, price volatility and other factors. A stock with an RS rating greater than 1.00 is safer and more predictable than the average stock in the VectorVest database. VectorVest favors the purchase of stocks of companies with consistent, predictable financial performance.
RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. NMKT has a Relative Timing rating of 1.32, which is very good on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.
VST (VST-Vector): VST is the master indicator for ranking every stock in the VectorVest database. NMKT has a VST rating of 1.01, which is fair on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price.
Recommendation (REC): VectorVest gives a Buy, Sell, Hold recommendation on every stock, every day. NMKT has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks rising in price. They also help investors avoid or sell risky, overvalued stocks falling in price. VectorVest recommends that investors buy high VST-Vector, Buy-rated stocks in rising markets.
Stop (Stop-Price): Stop is an indicator of when to sell a long position or cover a short position. NMKT has a Stop of $0.42 per share. This is $0.08 below NMKT's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned according to the stock's fundamentals. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest system, a stock gets a 'B' or 'H' recommendation if its Price is above its Stop and an 'S' recommendation if its Price is below its Stop.
GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year. NMKT has a forecasted Earnings Growth Rate of 4.00%, which VectorVest considers to be fair. GRT is computed from historical, current and forecasted earnings data. It is updated each week for every stock in the VectorVest database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, (9.68%).
EPS (Earnings per Share): EPS stands for leading 12 months Earnings Per Share. NMKT has a forecasted EPS of $0.04 per share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.
P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings. NMKT has a P/E of 12.50. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 28.96. P/E is computed daily using the formula: P/E = Price/EPS.
EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation. EY has the advantages that it is always determinate and can reflect negative earnings. NMKT has an EY of 8.00 percent. This is above the current average of 3.47% for all the stocks in the VectorVest database. EY equals 100 x (EPS/Price).
GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. NMKT has a GPE rating of 0.32. High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 6.28%, the operative GPE ratio is 0.39. Therefore, NMKT may be considered to be overvalued.
Dividend Analysis Back to top
DIV (Dividend): VectorVest reports annual, regular, cash dividends as indicated by the most recent payments. Special distributions, one-time payments, stock dividends, etc., are not generally included in DIV. NMKT does not pay a dividend.
DY (Dividend Yield): DY reflects dividend per share as a percent of Price. NMKT does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price). It is useful to compare DY with EY. If DY is not significantly lower than EY, the dividend payment may be in jeopardy.
DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. NMKT does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.
DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performance. It also provides some insight into the board's outlook on the company's ability to increase earnings. NMKT does not pay a dividend, so it does not have a Dividend Growth rating .
YSG (YSG-Vector): YSG is an indicator which combines DIV, DY and DG into a single value, and allows direct comparison of all dividend-paying stocks in the database. NMKT does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.
Price-Volume Data Back to top
Price: NMKT closed on 5/5/2006 at $0.50 per share
Open: NMKT opened trading at a price of $0.49 per share on 5/5/2006.
High: NMKT traded at a High price of $0.51 per share on 5/5/2006.
Low: NMKT traded at a Low price of $0.49 per share on 5/5/2006
Close: NMKT closed trading at price $0.50 per share on 5/5/2006. (Close is also called Price in the VectorVest system)
Range: Range reflects the difference between the High and Low prices for the day. NMKT traded with a range of $0.01 per share on 5/5/2006.
$Change: NMKT closed up 0.02 from the prior day's closing Price.
%PRC: NMKT's Price changed 3.73% from the prior day's closing price.
Volume: NMKT traded 2,890,087 shares on 5/5/2006.
AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. NMKT has an AvgVol of 3,796,700 shares traded per day.
%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals ((Volume - AvgVol) / AvgVol ) * 100. NMKT had a %Vol of -23.88% on 5/5/2006
CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. NMKT has a CI rating of 0.46, which is very poor on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest advocates the purchase of high CI stocks.
Sales / Market Capitalization Information Back to top
Sales: NMKT has annual sales of $50,000,000.00
Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. NMKT has a Sales Growth of 124.00% per year. This is excellent. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations.
Sales Per Share (SPS): NMKT has annual sales of $0.46 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.
Price to Sales Ratio (P/S): NMKT has a P/S of 1.08. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.
Shares: NMKT has 108,000,000.00 shares of stock outstanding.
Market Capitalization: NMKT has a Market Capitalization of $54,000,000.00. Market Capitalization is calculated by multiplying price times shares outstanding.
Summary Back to top
NMKT is fairly valued compared to its Price of $0.50 per share, has below average safety, and is currently rated a Buy.
The basic strategy of VectorVest is to buy Low risk, High reward stocks. We suggest that Prudent investors buy enough High Relative Value, High Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve.
Graphs
and from BarChart NMKT - NEWMARKET TECHNOLOGY (OTCBB) Date Open High Low Last Change Volume % Change 05/08/06 0.5050 0.5100 0.4950 0.4980 -0.0020 398221 -0.40%
NMKT - NEWMARKET TECHNOLOGY (OTCBB) Date Open High Low Last Change Volume % Change 05/08/06 0.5050 0.5100 0.4950 0.4980 -0.0020 398221 -0.40%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 3552860
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 75% - Buy 50-Day Average Volume - 3796760
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 2495986
Overall Average: 88% - Buy
Price Support Pivot Point Resistance
0.5000 0.4833 0.4983 0.5133
Looks pretty good, good find, also some new news out for it and china.
-------------------- Damn, if he wasn't right. Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004
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Press Release Source: NewMarket Technology, Inc.
NewMarket Technology Inc. Announces $1 Million United States Contract to Develop Software Application in China Thursday May 4, 9:35 am ET NewMarket Launched Operations in China Last Year Signing Contracts for over $20 Million in Annualized Revenue within China
DALLAS--(BUSINESS WIRE)--May 4, 2006--NewMarket Technology Inc. (OTCBB:NMKT - News) today announced signing a $1 million contract to develop a software application in China for a United States corporation. NewMarket recently announced plans to offer United States firms software development and maintenance support services provided by its operations in China. Software Development Outsourcing to China is projected to become a $1 billion industry. NewMarket is a leader in this young market sector in the United States. ADVERTISEMENT
Last year NewMarket launched operations in China and subsequently signed contracts representing over $20 million in revenue with Chinese companies. The Company is now aggressively marketing its Chinese software development capabilities to United States firms. China offers very competitive software development and support services compared to India's software outsourcing industry. China is currently graduating more English-speaking software engineers than India, and China has a more developed national infrastructure. These significant advantages also come at a lower labor cost.
In an effort to introduce U.S. firms to the company's capabilities in China, NewMarket hosts regular Information Technology Trade Missions to China for IT professionals to learn more about the software development and maintenance capabilities available in China today.
The software application announced today will be a pilot solution supporting the client's overall strategy to expand operations globally. The contract has the potential to expand dependent upon the client's satisfaction with the pilot project.
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.
If it comes down to .49 I am in.
-------------------- Damn, if he wasn't right. Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004
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NewMarket Technology Inc. Announces VoIP Contract Valued Over $2 Million Thursday May 11, 10:09 am ET NewMarket's VoIP Company XIPTEL Communications Continues to Expand Client Base from 2003 Startup to Nearly $10 Million in Current Annualized Revenue
DALLAS--(BUSINESS WIRE)--May 11, 2006--NewMarket Technology Inc. (OTCBB:NMKT - News) today announced that its subsidiary, XIPTEL Communications Inc., has signed a new Voice over Internet Protocol (VoIP) contract with International Effectiveness Center (IEC). The contract represents a substantial increase in XIPTEL's overall service making IEC a significant client. IEC is located in San Francisco and for over 30 years has been providing language translation services to a wide range of commercial companies and government agencies. XIPTEL'S hosted VoIP telephone services provide the features and network for IEC's translation services via telephone. ADVERTISEMENT
"Telephone based language interpretation is a fast growing business opportunity, and we are fortunate to be working with the people at XIPTEL," said Taryk Rouchdy, IEC's CEO.
XIPTEL services will connect IEC's clients within seconds to skilled language interpreters for translation in over 160 different languages. Today XIPTEL connects clients such as the City of San Francisco, Wells Fargo Bank, John Muir Medical Center, Sutter Health, Contra Costa Health Services, and scores of other large organizations.
"We are very excited about the opportunities with IEC," said Peter Geddis, XIPTEL's CEO. "IEC, already with hundreds of clients, expects to grow to over 5,000 language interpreters and will be one of the leading companies providing telephone based translation throughout the US. Significantly, IEC is one of the first translation services to offer services outside the U.S."
XIPTEL anticipates the IEC contract to represent more than $2 million in revenue over the next three years.
XIPTEL and Corsa Networks are divisions of IP Global Voice, Inc., a subsidiary of NewMarket Technology Inc. XIPTEL provides a full range of hosted, managed VoIP services to the business market. Corsa Networks provides sophisticated network security solutions and managed services to commercial customers. Mr. Geddis is a 25 year telecommunications industry veteran. As COO of Qwest Communications, Mr. Geddis was instrumental in building a company from four employees and little revenue to over $400 million in revenue during his tenure. Mr. Geddis also held senior positions at Sprint, British Telecom and Pacific Bell.
All interested investors that would like to have their e-mail address added to our database for receipt of all press releases and other industry information should send a request to ir*newmarkettechnology.com.
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.
-------------------- Damn, if he wasn't right. Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004
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I have been onthis ride for 5 months I finally sold everything. I lost several thousand dollars. I am not convinced this stock will ever climb. Seems like they are dragging there feet. Does anyone have any real news that could make this company profitable.
Posts: 2 | Registered: Apr 2006
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Hold out till then & DO NOT SELL. Yes, I won't sell mine until after the news comes out AND ONLY if it is bad news. I don't think the company would make so much fuss over bad news.
posted
NewMarket Technology Inc. Reports Profitable $17.3 Million First Quarter 2006 Revenue; Revenue Increased 70% and Net Income Increased 326% Over Same Period Last Year
-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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as i've said a few other times on this board, anyone who owns NMKT should follow firecracker's posts, imho he is the top NMKT poster on the 'net.
there are some stocks that inherently i like and have been in and out of, that really in the end there just seems no hope that the dilution and self-serving management will ever stop. NMKT and JMIH unfortunately fall in this category. i am still holding some JMIH, but not the amount i once held. NMKT was on my close radar and was hoping for a positive Q. but - it wasn't a good Q, and the longs are starting to lose confidence in verges.
i could well be wrong, but - i dunno if the dilution at NMKT will ever stop, any trust i had in verges is dwindling. i guess wrong all the time in the market, so don't go by what i say. but fwiw - my guess is that NMKT is headed back to the .30's. maybe they can slow down the dilution and ramp up their margins, but at least for me at this point with NMKT: it's a case of show me the money. i want to see it first before i'd consider buying NMKT again.
Posts: 1698 | Registered: Mar 2004
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NewMarket Technology, Inc. Posts Webcast of 1st Quarter Earnings Review and 2006 Outlook on Company Website; Management Emphasizes Subtle but Substantial Fundamental Financial Performance that May Have Been Overlooked Business Wire - May 23, 2006 09:28
DALLAS, May 23, 2006 (BUSINESS WIRE) -- NewMarket Technology, Inc. (OTCBB:NMKT) today released the recorded webcast of its 1st quarter earnings review and 2006 outlook. Yesterday, Philip Verges, CEO, and Philip J. Rauch, CFO, conducted a live audio webcast supported by a PowerPoint presentation and attended by over 400 viewers. The audio and PowerPoint presentation is available in its entirety on the Company's website www.newmarkettechnology.com.
Overlooked Fundamental Financial Performance
In the presentation management drew attention to the Company's exceptional increase in net profit, in spite of a decrease in the percentage of revenue represented by gross margin. Management indicated the gross margin percentage of revenue reduction is a temporary result of a disproportionate increase in lower margin consulting services intended to gain a sales foothold for subsequent higher margin technology service sales. The increasing net profit regardless of reduced gross margin is an indication of the Company's success at containing general expenses, while nonetheless delivering substantial revenue growth.
Management further emphasized the Company's exemplary cash flow as an indication of a decreasing reliance on capital financing to sustain ongoing emerging technology investment. The Company's net income before currency translation of $434k reflects a non-cash charge of $446k for amortization, depreciation and deferred compensation. In other words the Company generated $880k in cash from operations representing 5% of revenue. Notably, the Company received negligible cash form financing, yet supported $450k in investment activity while maintaining a $3 million cash balance between the prior quarter and 1st quarter 2006.
Micro Cap Early Development Stage Transition
While the share price has demonstrated exceptional volatility throughout the 1st and 2nd quarters of 2006 with more than a 100% variation in high and low share prices, management presented a graph demonstrating an overall increasing share price trend. The increasing share price trend counters previous trends where share price reacted inversely to issued and outstanding variations. For the first time in over two years the share price trend appears to be reacting to fundamental financial performance.
Overall Micro Cap Market Validation of NewMarket Progress
Management in the conclusion presented an industry overview of recent micro cap market developments that lend credibility to NewMarket initiatives over the previous four years.
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 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.
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