NewMarket Technology Inc. · Dallas, TX United States ·(OTC: NMKT)
Company Description
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NewMarket Technologies is all about growing into new markets. Beginning in 2002 with the purchase of Dallas-based communications technology developer VergeTech, the company has used acquisitions to expand past its core business of telephony software. Other acquisitions have included Infotel Technology, IP Global Voice, Logicorp Data Systems , Medical Office Software, Digital Computer Integration, and RedMoon Broadband. Its operations include offering VoIP services, broadband wireless, health care practice management software, and electronic data interchange software. CEO Philip Verges owns about 29% of the company. To read the full description, subscribe now.
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Key NewMarket Technology Inc. Financials
| Company Type | Public - OTC: NMKT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $95.1 |
| 2008 Employees | 600 |
NewMarket Technology Inc. Executives
11 executives listed for NewMarket Technology Inc.'s Dallas, TX location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Philip Verges | Network |
| CFO and Director | Philip Rauch | Network |
| President and CEO, NewMarket China | John Verges | Network |
Competition
Competitive Landscape for NewMarket Technology Inc.
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top NewMarket Technology Inc. Competitors
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