NewMarket Technology Inc. Releases Homeland Security Plan for $10 Million in 2006 Revenue Booked to Proposed Defense Technology
February 03 2006 - 9:23AM
Business Wire
NewMarket Technology Inc. (OTCBB:NMKT) today released its 2006
business plan for the Homeland Security sector. The Company has now
released plans for all of its business units, including operations
in China and Latin America. NewMarket's Homeland Security business
unit plan is unique from its other units. In 2005, NewMarket moved
its Homeland Security assets into a separate publicly listed
company, Defense Technology Systems (OTC:DFTS). NewMarket is a
preferred shareholder of Defense Technology Systems. Based on
planned acquisitions, Defense Technology Systems anticipates $10
million in revenue in 2006. Defense Technology Systems' current
business plan centers on the planned acquisition of a wireless
broadband company offering wireless solutions to municipal
governments. NewMarket is an innovative company that introduced a
business model three years ago that offers a unique approach to
business technology innovation. The Company combines a traditional
systems integration offering with emerging technology incubation.
The incubation function includes the eventual independent public
listing of "next stage" incubated technologies. Mr. Philip Verges,
CEO of NewMarket, said, "Although NewMarket maintains a
conservative forecast of 15% revenue growth overall in 2006, our
business unit plans that we have released incorporate attainable
revenue goals that clearly would necessitate upward revisions in
the revenue growth forecast as corporate developments are
announced. After each fiscal quarter financial results are filed,
the annual forecast will be reviewed and updated." The overall
result of NewMarket's business technology innovation model has been
three years of rapid, profitable growth from $2.3 million in
revenue in 2003 to over $50 million in 2005 (un-audited). NewMarket
was named in 2005 as the 13th fastest growing technology firm in
North America on the Deloitte Technology Fast 500. 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 announced that it
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. 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.
Defense Technology Systems (CE) (USOTC:DFTS)
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