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Netsco Inc. Presents RFID and Advanced Tracking Solution with Sun Microsystems at TechNet Europe 2005 Conference in Lisbon, Portugal; Netsco to Pilot RFID and Advanced Tracking Solution with NATO Military Allies
DALLAS --(Business Wire)-- Oct. 28, 2005 -- Netsco Inc., a wholly owned subsidiary of NewMarket Technology Inc., (OTCBB:NMKT) today announced presenting its RFID and Advanced Tracking Solution with Sun Microsystems at TechNet Europe 2005 held in Lisbon, Portugal. The conference was held from October 20-21st at the Lisbon Congress Centre. TechNet Europe is run by the Armed Forces Communications and Electronic Association International's European office. The goal of TechNet Europe 2005 is to explore the application of commercial technologies to aid the war fighter, starting with training and moving up to the front-line via support services and security. Netsco received a strong response to its RFID and Advanced Tracking technology presentation that has resulted in a number of pilot opportunities with NATO Military allies.
Netsco's parent company, NewMarket Technology Inc., was 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 to $25 million in profitable revenue in 2004. The Company's rapid growth has continued in 2005 reaching a current annualized revenue run rate of $60 million so far this year.
About TechNet Europe (www.afceaeurope.org)
TechNet Europe is run by AFCEA International's European office. It is held each October and is their largest event of the year, combining symposium panel sessions with a related exposition featuring a display of the latest state-of-the-art products and services to complement the event's theme. There is a supporting social program. In previous years the event has been held in Brussels, London, Prague, Budapest, Rome, and Warsaw. TechNet Europe 2005 was held in Lisbon, Portugal, 20-21 October 2005, with the theme of 'E-COMbat -- Strategies for Success.' TechNet Europe 2006 will be held in Bulgaria, 19-20 October at the Hotel Kempinski in Sofia.
About Netsco Inc. (www.netsco.com)
Netsco is a software product and services company that specializes in mission-critical distributed computing solutions for large scale enterprise applications. Netsco's innovative hybrid solution offers the benefits of both the build and buy approaches while avoiding the major pitfalls of each. Netsco's unique approach focuses on delivery Speed, Precision, and Simplicity. Netsco's products offer the flexibility and precision of custom software and the rapid deployment (speed) of packaged applications while simplifying the implementation of complex enterprise applications. Netsco business partners include IBM (NYSE:IBM), Oracle (Nasdaq:ORCL), and Sun Microsystems (Nasdaq:SUNW).
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). At the same time, 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.
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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