NewMarket Technology, Inc. and China Crescent Enterprises, Inc. Announce CEO Letter Following Town Hall
(firmenpresse) - DALLAS, TX -- (Marketwire) -- 09/16/11 -- NewMarket Technology, Inc. (OTCQB: NWMT) (PINKSHEETS: NWMT) and China Crescent Enterprises, Inc. (OTCQB: CCTR) (PINKSHEETS: CCTR) today released a letter from NewMarket CEO Bruce Noller. The letter follows the Companies' recent and previously announced town hall meeting conducted Tuesday, September 13 in Dallas, Texas. The CEO letter is available in its entirety on both Companies' corporate websites or directly at:
Prior to the town hall, a letter was released as a primer and included a brief history of the Companies' development and highlights of management's plans going forward. It discussed lessons learned operating a high growth operation in the OTC marketplace and the evolution of the Companies' strategy in reaction to the lessons learned. The primer letter previews developing strategies to simplify the Companies' capital structure and move away from future investment transactions that might require the issue of additional common stock in the prevailing over-the-counter market environment. The letter also sheds light on continuing social media campaigns and the research conducted by NewMarket and China Crescent in regard to the sponsors of the campaign. The primer letter is also available in its entirety on NewMarket's corporate website under 'Investor Relations' or directly at: .
China Crescent is a systems integration service provider that markets technology outsourcing services in China including the sale and service of brand name technologies such as Microsoft, Cisco, IBM, HP and Dell. Following a strategic acquisition in 2009, the Company expanded its business line to include original design manufacturing (ODM). Headquartered in Dallas with operations in China, China Crescent reported $78 million in revenue in 2010. China Crescent is a subsidiary of NewMarket. The letter addresses NewMarket investors and is intended for both direct investors in NewMarket as well as those that have invested separately in China Crescent.
NewMarket Technology's 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 and or China Crescent'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
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Datum: 16.09.2011 - 14:53 Uhr
Sprache: Deutsch
News-ID 66738
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DALLAS, TX
Kategorie:
Hardware
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