(NWMT) NewMarket and (CCTR) China Crescent Announce September 13th Town Hall Primer
2011年8月12日 - 1:53AM
Marketwired
NewMarket Technology, Inc. (OTCQB: NWMT) (PINKSHEETS: NWMT) and
China Crescent Enterprises, Inc. (OTCQB: CCTR) (PINKSHEETS: CCTR)
today released a letter from Founder Philip Verges. The letter is
intended as a primer to provide background and a preview of topics
to be presented in an interactive forum at the previously announced
Town Hall scheduled for 3 pm CDT Tuesday, September 13 in Dallas,
Texas.
For the past few years NewMarket and China Crescent have held
virtual Town Halls. In light of the current state of the global
financial markets and the Companies' recently announced business
plan updates, management has chosen to host a live Town Hall this
year. The Town Hall format will facilitate an open dialogue for
those in attendance to discuss business plan updates in addition to
inviting questions and concerns separate from management's
presentation.
The letter released today includes a brief history of the
Companies' development and highlights of management's plans going
forward. It discusses lessons learned operating a high growth
operation in the OTC marketplace and the evolution of the
Companies' strategy in reaction to the lessons learned. Mr. Verges
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 Town Hall is open to all NewMarket and China Crescent
investors. Management and founders consider the agenda topics
relevant to all over-the-counter market participants and welcome
the attendance of any and all interested in partaking in the open
forum. Advance registration is required for attendance. Online
registration for the Town Hall is currently open. Please go to
http://conta.cc/NWMTCCTRTH to complete the registration process.
The Company can be contacted at ir@newmarkettechnology.com with any
questions relating to the registration process. Registration will
remain open through Tuesday, August 30th.
Mr. Verges' letter is available in its entirety on NewMarket's
corporate website www.newmarkettechnology.com under 'Investor
Relations' or directly at: http://bit.ly/p4Tale.
About China Crescent Enterprises, Inc.
(www.chinacrescent.com) China Crescent (PINKSHEETS: CCTR) (OTCQB: CCTR) 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.
About NewMarket Technology, Inc.
(www.newmarkettechnology.com) 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.
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