DALLAS, TX -- (Marketwire) -- 04/28/11 -- NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) today released a Webcast from CFO Philip J. Rauch reviewing the Company's financial performance as recently reported in the Company's annual report on Form 10-K. NewMarket reported $118 million in revenue and $2.6 million in net income for 2010, up from $98 million in revenue and $1.6 million in net income reported in 2009. The Webcast, titled "NewMarket Technology Webcast: 2010 Annual Report Review (April 28, 2011)" is available on the corporate website at www.newmarkettechnology.com under 'Investor Relations.' To review the 2010 annual report on Form 10-K in its entirety, or any of the Company's filings, visit the Investor Relations section of the corporate website for a link to all Company filings.
Additionally, NewMarket plans to release a Webcast presentation from CEO Bruce Noller tomorrow, April 29th, to present on the Company's updated business strategy for 2011 after filing its 2010 annual report on Form 10-K. Recently, NewMarket released a letter to shareholders and a Webcast from CEO Bruce Noller reviewing the Company's plans to re-focus on the information technology market. The recent letter and Webcast are available for review on the Company's corporate website, www.newmarkettechnology.com, under 'Investor Relations.'
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket Technology's (PINKSHEETS: NWMT) (OTCQB: NWMT) current portfolio of operating subsidiaries provides systems integration and technology infrastructure services. NewMarket's operations strategically focus on providing technology and support services in emerging and developing economies with high growth rate potential. NewMarket has operating subsidiaries today in China, Singapore, Brazil and Northern Latin America. Overall, NewMarket reported over $95 million in revenue for 2008 and reported over $98 million in revenue for 2009.
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.