NewMarket Technology, Inc. Updates Shareholders on Plan to Issue Stock in IP Subsidiary and Role of Enable Intellectual Property Commercialization Corporation
Market Wire, May, 2007
Enable Intellectual Property Commercialization Corporation (OTCBB: EIPC)
Recently, I have joined the Board of Directors of Enable Intellectual Property Commercialization Corporation (Enable IPC) (OTCBB: EIPC). While our companies share many philosophies on early stage technology development, Enable IPC is a step ahead of us and already focuses on "first to market" intellectual property. Currently, Enable IPC is focused on developing power devices using advances in thin films and nanotechnology. Their products include microbatteries for very low power applications (utilizing nanowires as small as 1/1000th the diameter of a human hair) and ultracapacitors for a wide range of power applications (utilizing nanoparticles on carbon). These complementary products will be ideal for use in a variety of applications. The microbattery is targeted for use in healthcare products, RFID tags, smart cards and many other applications while the ultracapacitor is to be used in consumer electronics.
More to Come
This correspondence and the following letters to shareholders over the next few weeks will communicate more details on our strategic five year plan. The Company continues to improve and we look forward to even more dramatic growth over the next five years than what we have achieved in our first five years.
Best Regards, Philip Verges CEO and Chairman NewMarket Technology, Inc.
To be added to NewMarket's corporate e-mail list for shareholders and interested investors, please send an e-mail to ir@newmarkettechnology.com .
About NewMarket Technology, Inc. ( www.newmarkettechnology.com )
NewMarket helps clients maintain 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, Cisco Systems, SAP, Siebel and Sun Microsystems. 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 delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends. NewMarket ranked Number Five on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005.
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