DALLAS, TX — (Marketwire) — 07/14/11 — NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) today announced the Company-s South American subsidiary, RKM Suministros S.A. (), has renewed its Microsoft License agreement with their client, Movistar (), in Latin America. Movistar is a division of Telefonica, S. A., a major telecommunications provider in Europe and Latin America. The agreement renewal is for one year, started in May 2011 and is valued at US$ 1.99 million.
Yesterday, RKM was recognized at the Staples Center in Los Angeles, California as the 2011 Microsoft Country Partner of the Year for Venezuela at the 2011 Microsoft Worldwide Partner Conference, currently underway this week in Los Angeles (). In June, finalists and winners for the 2011 Microsoft Partner of the Year Awards were announced and awards were presented in multiple categories, with winners chosen from a set of more than 3,000 entrants worldwide. RKM Suministros S.A. was recognized for providing outstanding solutions and services, as well as demonstrating excellent subsidiary engagement in Venezuela. The Microsoft Country Partner of the Year Award honors partners at the country level who have demonstrated business excellence in delivering Microsoft solutions to mutual customers over the past year. This award recognizes RKM Suministros S.A. as succeeding in effective engagement with their local Microsoft office while showcasing innovation, business impact, driving customer satisfaction, and winning new customers.
RKM, an established systems integration firm servicing northern Latin America, is one of the largest Microsoft Large Account Resellers in Venezuela. In addition to being named the 2011 Microsoft Country Partner of the Year for Venezuela, RKM received the prestigious Associate of the Year in Advanced Infrastructure Solutions award at FOCUS 2009 as well as three prestigious awards at the annual meeting of Microsoft Partners in Venezuela last October 2010, to include Services Partner of the Year.
NewMarket Technology-s (PINKSHEETS: NWMT) (OTCQB: NWMT) 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 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.
NewMarket Technology, Inc.
You must be logged in to post a comment Login