(NWMT)NewMarket Technology Releases 2011 Business Plan Update Webcast From CEO Bruce Noller
May 03 2011 - 8:39AM
Marketwired
NewMarket Technology, Inc. (PINKSHEETS: NWMT) today announced the
Company has released a Webcast from CEO Bruce Noller further
discussing the 2011 updated business strategy for both NewMarket
and its independent public subsidiary, China Crescent Enterprises,
Inc. (PINKSHEETS: CCTR). During the Webcast Mr. Noller provides a
brief review of NewMarket's history and background and more details
on the Company's updated business plan for 2011, which includes
transitioning the business strategy from competing as a
multinational systems integrator to working as a conglomerate of
leading regional system integrators. During the last two months,
NewMarket released a letter to shareholders and a Systems
Integration Update Webcast from CEO Bruce Noller reviewing the
Company's plans to re-focus on the information technology market as
part of the updated business strategy for 2011.
Additionally, NewMarket recently released a 2010 financial
performance review Webcast from CFO Philip J. Rauch in conjunction
with the Company's 2010 annual report filed 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.
Recent Webcasts and Letters to Shareholders 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.
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.
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Contact: NewMarket Technology, Inc. Investor Relations Email
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China Crescent Enterprises (CE) (USOTC:CCTR)
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