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NewMarket Technology, Inc. Announces Three-Year Microsoft Licensing and Service Agreement Adding to $65 Million in Recently Announced New Contracts.

Publication: M2 Presswire
Publication Date: 04-SEP-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-4 September 2009-Crown Equity Holdings, Inc.: NewMarket Technology, Inc. Announces Three-Year Microsoft Licensing and Service Agreement Adding to $65 Million in Recently Announced New Contracts(C)1994-2009 M2 COMMUNICATIONS

RDATE:04092009

Las Vegas CRWENews.com is pleased to announce a stock highlight on NewMarket Technology, Inc. (Pinksheets:NWMT) today September 4, 2009 announced the Company's subsidiary RKM IT Solutions has signed a three-year contract to provide Microsoft licensing and consulting services to Baninvest (www.baninvest.com).

NewMarket and its subsidiaries are currently focused on shifting the Company's revenue base from short-term, project-based contracts to long-term managed services contracts. In recent weeks, NewMarket has announced over $65 million in new contract sales for long-term contracts. Last year, the Company reported $95 million in revenue and for the first six months of 2009 has reported $43 million in profitable revenue. Management anticipates accelerated revenue growth in the second half of 2009 and through 2010 resulting from the recent long-term contract sales.

Microsoft Large Account Reseller (LAR) and Enterprise Software Advisor (ESA) in Latin America RKM...

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