Press Release Source: NewMarket Technology Inc.
NewMarket Technology Inc. Announces New Board of Director Member, Hugh G. Robinson, Former Chairman of Federal Reserve Bank of Dallas and U.S. Army Major General (Ret.) Tuesday February 28, 10:21 am ET Robinson to Build Awareness of Company's Pioneering R&D Business Model and NewMarket's Initiative to Improve Integrity of OTCBB
DALLAS--(BUSINESS WIRE)--Feb. 28, 2006--NewMarket Technology Inc. (OTCBB:NMKT - News) today announced Hugh G. Robinson will join the NewMarket Board of Directors. Mr. Robinson is a former Chairman and Board Member of the Federal Reserve Bank of Dallas and served as an officer in the United States Army retiring with the rank of Major General.
ADVERTISEMENT Mr. Robinson is currently a member of the Board of Directors of CarMax, Inc. (NYSE:KMX - News), Aleris International, Inc. (NYSE:ARS - News) and a member of the Advisory Board of TXU Corp. (NYSE:TXU - News).
Mr. Robinson is a graduate of the U.S. Military Academy at West Point, New York and earned a Master's Degree in Civil Engineering at Massachusetts Institute of Technology (MIT). He received an honorary Doctor of Laws degree from Williams College and attended the Harvard Management Program for Executives.
Mr. Robinson's military career included a number of prestigious posts that included aide de camp to President Lyndon B. Johnson. After retiring from the military, Robinson joined The Southland Corporation as vice president and president of Cityplace Development Corporation, a subsidiary of Southland. From 1989 through 2002, Mr. Robinson served as Chairman and Chief Executive Officer of The Tetra Group, Inc., a Dallas construction management company with divisions in Minority Business Development and affordable housing.
Mr. Robinson serves on the Board of Directors of the North Texas Public Broadcasting Co., Inc., the LBJ Foundation, Inc., and the Better Business Bureau. He is a member of the Dallas Citizens Council, the National Society of Professional Engineers, the Greater Dallas Chamber and the Dallas Black Chamber.
"NewMarket Technology is an aggressive high growth technology company," said Mr. Robinson. "I am pleased to support the State of Texas in gaining the hard earned reputation as a high-tech leader producing innovative fast growth companies like NewMarket. I am also an advocate of NewMarket's initiative to improve the integrity of the OTCBB and I believe I can help to further that initiative. The OTCBB can be a first rate market for early development stage companies both in the United States and abroad. An enhanced and more regulated OTCBB can facilitate the export of U.S. financial products to developing economies around the world and, in so doing, help to offset future trade imbalances. NewMarket is blazing a trail for the global micro cap market place and a substantial U.S. export opportunity."
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 - News), Cisco Systems (Nasdaq:CSCO - News) and Sun Microsystems (Nasdaq:SUNW - News). 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. |