Buffalo, New York 10/22/2009 5:30:00 AM
News / Business

NewMarket Technology to Release Webcast Providing Overview of Merger with Worldwide Strategies, Inc. (OTCBB: WWSG)

NewMarket Technology, Inc. (PINKSHEETS: NWMT) will release an on-demand webcast on October 22, 2009. The webcast will provide information relating to recent announcement on the agreement to merge their operation with Worldwide Strategies, Inc. (OTCBB: WWSG) NewMarket's headquarters is located in Brazil. The Brazil operation currently has approximately $20 million in annual revenue. The merger should include a dividend of Worldwide common stock to NewMarket shareholders. NewMarket will now be the majority shareholder of Worldwide as a result of the transaction in Brazil. Former Dallas Federal Chairman and Retired Major General Hugh G. Robinson, a board member of New Market, will host the presentation.

 

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About NewMarket Technology, Inc. (www.newmarkettechnology.com)

NewMarket is a reporting company with audited financial reports filed with the SEC. NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.

 

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