[December 17, 2004] RKM IT Solutions and GaozhiSoft to Open Offices in China and Venezuela Tweet DALLAS --(Business Wire)-- Dec. 17, 2004 -- Chinese and Latin American Commercial Integration Offers Opportunities in Telecommunications and Information Technology Joint Business Development RKM IT Solutions and GaozhiSoft have jointly announced the immediate opening of mirror offices in Shanghai, China and Caracas, Venezuela. Both companies see compelling opportunities in Venezuela and in China as part of a Latin American launch of business development initiatives and the potential of strategically sourcing equipment and services from China. RKM IT Solutions has identified timely opportunities in the Telecom sector in Venezuela due to the creation of the new state owned telecommunications company. The opening of offices is an important step in the process of achieving immediate commercial and technical integration, allowing quick and precise market responses, as well as increasing profitability and establishing a local presence. The new office locations make RKM IT Solutions the first Venezuelan technology company to open a commercial office in China and expands NewMarket Technology Inc's (OTCBB: NMKT) potential of additional business growth in China and the Asia Pacific as identified in the October 2004 Trade Mission trip. The decision to develop the cross opportunities between GaozhiSoft and RKM through the establishment of international offices was made during the NewMarket Technology annual shareholder town hall meeting in Dallas on December 9th. Mr. Henryk Dabrowski, Chairman of RKM IT Solutions, said, "We believe it is a great honor and opportunity for our company to expand into China. There has been tremendous growth in the number of business opportunities between Venezuela and China and we want to be part of it. Both companies are leveraging from the experience and potential of the Chinese partner and their mutual presence in both Venezuela and China. Dr. James Jiang's expertise and knowledge of the local market in China will enable us to effectively compete and provide leading edge technology products into Venezuela and Latin America." About RKM IT Solutions (www.rkmve.com) RKM IT Solutions is the consolidated operation of RKM Suministros C.A. based in Caracas, Venezuela and RKM USA Corp, Inc. in Miami, Florida. The company provides information technology services in vertical government, oil, financial and manufacturing markets in Venezuela and Latin America, as well as Telecommunications engineering and consulting. RKM Suministros, C.A. was founded in 1987, is a privately held company, and is backed and owned by NewMarket Technology, Inc. (OTCBB: NMKT). About GaozhiSoft (www.gaozhisoft.com) GaozhiSoft, Inc. is incorporated in Shanghai, China and is a leading provider of OSS-related software solutions to Telecom Service Providers, reducing operating costs for its customers by improving network management and service planning. It has developed a suite of mediation software server products designed to significantly improve data flow and reduce data loss, resulting in improved billing accuracy, customer care and service delivery. In addition, it has developed an electronic management platform that provides end-to-end process integration and automation for Service Providers. This platform product is marketed under our MOSS brand (Mediated Operation Support System) and ensures the integration of vital operation support systems by providing an automated link between management information systems and the underlying network assets. The complete suite of platforms is designed to streamline internal workflow and processes, resulting in improved quality of service ("QoS"), service planning and network data management. Its primary customers currently include several provincial operators of China Mobile and China Unicom, including Zhejiang Mobile, Jilin Mobile, Shangxi Mobile, Gangsu Mobile, Chonqing Mobile, Guizhou Mobile, Ningxia Mobile, Shenzhen Unicom, Tianjin Unicom, and Guizhou Unicom. We provide these customers with our proprietary software solutions. Its products are not limited to wireless Service Providers, and can be modified and sold to fixed-line and broadband Service Providers. Initial broadband Video IP service providers include Shanghai Stock Exchange, Shanghai Telecom, and Great Wall Broadband Network. About NewMarket Technology, Inc. (www.newmarkettechnology.com) In 2002, NewMarket launched a business plan to continuously introduce emerging communication technologies to market. The plan included a financing model for early technologies and an approach to creating economies of scale through a specialized service and support organization intended specifically for the emerging technology industry. The Company posted six consecutive profitable quarters through 2003 and established an annualized $15 million in revenue. In 2004, the Company diversified its communications technology offering into the healthcare and homeland security industries with the respective acquisitions of Medical Office Software Inc. and Digital Computer Integration Corp. The Company has expanded sales into Asia and Latin America through the acquisitions of Infotel Technologies in Singapore and RKM IT Solutions of Caracas, Venezuela. 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. [ Back To TMCnet.com's Homepage ]