By MarketWire
DALLAS, TX–NewMarket Technology, Inc. (PINKSHEETS:Â NWMT) today announced that the Company's board member, former Chairman of the Dallas Federal Reserve and a retired Major General Hugh G. Robinson, will be hosting the upcoming Trade Mission to Kenya beginning October 26th.
NewMarket is a global systems integrator and emerging technology provider. The twelve-year-old Company has grown to nearly $100 million in technology and service sales across North America, China, Southeast Asia and Latin America, with a focus on some of the leading emerging economies in those regions that have a large demand for technology hardware, software and services. In the different regions of the globe it operates, NewMarket sells, installs and supports technologies from leading technology providers such as Microsoft, Oracle, and HP as well as some lesser known, but leading edge emerging technology.
NewMarket is now focused on the emerging economies of East Africa, starting with Kenya. Kenya already has a fiber-optic cable infrastructure in place throughout the country, and three submarine cables under construction or currently coming on line. Earlier this year, NewMarket participated at the African Advanced Level Telecommunications Institute (AFRALTI) WiMax Conference in Nairobi. NewMarket Technology was invited to present based on the Company's experience in emerging economies. The Company had previously participated in the “Connecting Rural Communities Africa Forum 2007,” also in Nairobi. As the region's technology and communication infrastructure grows, NewMarket plans to position itself to provide the high-quality, affordable technology products and services needed. To do so, the Company has announced plans to expand its operations in China into the East Africa region. Last year, the Company reported over $40 million in annual sales in China.
NewMarket has provided an on-demand Webcast discussing in more detail the opportunities the Company sees in the region and the previously announced Trade Mission to Kenya. A link to the Webcast titled ‘NewMarket East Africa Trade Mission Webcast' is available on the NewMarket website under Investor Relations at www.newmarkettechnology.com.
