NewMarket Technology, Inc. Subsidiary, RKM IT Solutions, Increased Microsoft Sales 345% in Second Half of 2007 in Latin
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DALLAS, TX, Jan 15 (MARKET WIRE) --
NewMarket Technology, Inc. (OTCBB: NMKT) announced today that their Latin
American regional subsidiary, RKM IT Solutions (RKM) Microsoft sales
increased 345% in their region over the same period in the prior year due in
part to the company's recent upgrade to Microsoft Large Account Reseller and
Enterprise Software Advisor (LAR/ESA) partner status from Gold Partner. The
period tracked was from July 2007 to December 2007 compared to July 2006 to
December 2006. Additionally, RKM exceeded their Microsoft sales quota by 159%
from July to September 2007, and by 287% from October to December 2007.
RKM's existing customer base provided the majority of the increase in sales.
RKM
nowplans to further increase sales by expanding the company's customer base.
As part of this overall increase in Microsoft partner program sales, RKM
recently announced the sale of a corporate Microsoft License for Servers and
Workstations to Banplus EAP of Venezuela. Banplus (www.banplus.com), an
existing customer of RKM's, is a commercial bank that targets servicing small to
medium companies. PC World of Venezuela has highlighted Banplus Technology
supported by RKM: http://www.pcworld.com.ve/n111/articulos/clubcios.html.
Readers can translate this article and the Banplus website for free using
AltaVista'sBabelfish translation tool: http://babelfish.altavista.com/.
RKM's Microsoft Partner Upgrade
Earlier this year, RKM's Microsoft partner status was upgraded to a
LAR/ESAfrom Gold Partner. LAR/ESA Partners significantly expand Microsoft's
reach both
geographically and to the rapidly growing category of Mid-Market and
corporate customers. This recent partnership allows RKM to significantly extend
its
existing Microsoft Gold partnership to offer high volume licensing, specifically
"Enterprise Agreement" (EA) and "Select" for companies with more than 250 PCs
and support services to large enterprise and institutional customers. Prior to
their
selection to the LAR/ESA Partner program, RKM has been a Microsoft Gold Partner
since 2001, winning the 2003 Microsoft Infrastructure Solution of the Year award
in Venezuela.
NewMarket's 4th Quarter 2007 Sales Momentum
Separately, NewMarket announced approximately $7.5 million in contracts from
their
Latin American and North America operations, including $1.2 million from North
America, $5.5 million from Brazil and $820,000 from Venezuela in late 2007.
NewMarket traditionally has experienced very strong sales in the fourth quarter.
NewMarket Technology Annual Town Hall Meeting - This Thursday, January
17th
RKM President Samuel Gamarra will be in Dallas for the Annual Town Hall
Meeting this Thursday, January 17, 2008 at 3:30 pm CST at the Fairmont Hotel.
The
Town Hall will review the Company's organic growth in 2007 approaching $100
million in profitable annual revenue after reporting $77 million in annual
revenue for 2006. The meeting agenda will focus on NewMarket's aggressive
growth plans for 2008 and beyond. The Town Hall will also include a review of
the Company's subsidiaries, NewMarket China, Inc. (OTCBB: NMCH) and NewMarket
Latin America, Inc. (PINKSHEETS: NLAI).
NY Times Bestseller Dan Sanders Keynote Speaker at Emerging and Frontier
Market
Seminar on Brazil, China and Africa - This Friday, January 18th
The Emerging and Frontier Market Seminar, which will take place this Friday,
January 18, 2008 from 8am - 5pm CST at the Fairmont Hotel in Dallas, will be
an opportunity for shareholders, investors, technologists, entrepreneurs and
small
businesses to learn more about the opportunity for rapid growth within
rapidly growing economies worldwide. The seminar will focus on financing and
investing for small business and technology in global emerging markets, with
a special focus on Brazil, China and Africa.
Dan Sanders, author of New York Times and USA Today National Bestseller,
"Built to
Serve" will be the Keynote Speaker for the seminar. Sanders currently serves as
CEO of United Supermarkets, a 91-year-old, billion-dollar chain of family-owned
grocery stores. Sanders believes the "global business culture is broken" and
can be fixed by creating long-term sustainability through investing in all the
company's stakeholders.
Free Registration for January 17-18, 2008 at www.nmktevents.com
Interested attendees can find more details on the events and register online
at
www.nmktevents.com. Registration and attendance is free for both events.
Attendees are encouraged to register early as space is limited.
Corporate Email Updates
To be added to NewMarket Technology's e-mail database to receive company
updates,
please send an e-mail to ir@newmarkettechnology.com.
About RKM IT Solutions (www.rkmve.com)
RKM, owned by NewMarket Technology, is a sixteen-year-old systems
integration and
IT outsourcing services firm recognized in Venezuela and throughout northern
South America as a leading provider of mission critical voice, data and video
network solutions, as well as systems integration and help desk support.
Clients include the Top 50 international corporations in the country, as
well as a strong presence in the Oil and Gas, Banking and Manufacturing
industry. RKM is also a regionally certified partner for Cisco Systems,
Novell, Computer Associates, IBM, Hewlett-Packard, Systimax and Microsoft. RKM
was
awarded the 2003 Microsoft Infrastructure Solution of the Year in Venezuela and
has been recognized as a Microsoft Gold Partner and now a Microsoft LAR/ESA
partner. The company is expanding its system integration and IT outsourcing
services in the Caribbean, Colombia, Ecuador, Peru and Mexico.
About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)
NewMarket Latin America is a subsidiary of NewMarket Technology providing
world
class systems integration services through relationships with technology
providers such as Hyperion, Oracle, SAP, SSA Global, Microsoft and many more.
NewMarket Latin America has major customers in various sectors such as Oil and
Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries.
NewMarket Latin America deliver solutions to regional customers in
additionto specializing in helping US clients expand their businesses and
operations
into one of the fastest growing economic regions in the world. NewMarket Latin
America has offices and operations throughout Latin America.
NewMarket Latin America also identifies emerging technologies developed
within the
region and brings those latest technologies to market worldwide. These
innovations
help clients grow their businesses and gain a new competitive advantage.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket helps clients maintain 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 such as Microsoft, Cisco Systems,
SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to
acquire
emerging technology assets to incorporate into an overall product portfolio
carefully packaged to complement the prevailing industry standard solutions.
NewMarket delivers its portfolio of products and services through its
network
of Solution Integration subsidiaries in North America and the leading
emerging markets around the world to include, Latin America, China and
Singapore.
NewMarket ranked Number One in Texas, Number Three in the United States
andNumber Five in North America on Deloitte's 2006 Technology Fast 500, a
ranking of the 500 fastest growing technology, media, telecommunications and
life sciences
companies in North America. Rankings are based on percentage revenue growth
over five years, from 2001-2005. The Company grew from less than $1 million in
revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006,
the company continued its rapid growth, reporting $77.6 million in revenue with
a net income of $5.8 million.
"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.
Contact:
NewMarket Technology, Inc.
Investor Relations
214-722-3065
ir@newmarkettechnology.com
www.newmarkettechnology.com
Copyright 2008, Market Wire, All rights reserved.
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