NewMarket Latin America, Inc. (OTC:NLAI) today announced the appointment of Alexandre Couto as President of the Company’s subsidiary, UniOne. UniOne is a premier systems integration firm in Latin America representing technologies from leaders such as Microsoft (NASDAQ:MSFT), SSA Global, Oracle (NASDAQ:ORCL) and Hyperion. Notably, UniOne is the biggest Hyperion partner in Latin America. Hyperion was recently acquired by Oracle.
With operations in both Brazil and Chile, UniOne has been consolidated into NewMarket Latin America. NewMarket Latin America anticipates $30 million in revenue for 2007. Business intelligence and systems integration operations operating as UniOne produced approximately $8.7 million in revenue for the first six months of 2007. Additional revenue of approximately $4.3 million for the first six months of 2007 came from other business units in Latin America in the process of being consolidated in NewMarket Latin America.
Mr. Couto is one of the founding members of UniOne and has been responsible for the company’s strategic growth through operations in both Brazil and Chile. In his role as President, Mr. Couto will oversee UniOne’s operations in Latin America to continue to grow the company through strengthening existing client relationships, expanding the company’s product and service offerings and further diversifying the Company’s customers which include Apple (NASDAQ:AAPL), TAM, Avon (NYSE:AVP) and others. A more extensive list of the company’s clients can be found at http://www.unione.com.br/clientes.htm.
With more than 18 years experience in the technology industry, Mr. Couto’s experience includes co-founding Improve Business Consulting, which merged into Mind Technology and is now known as UniOne. Mr. Couto completed his undergraduate studies at Faculdades Associadas de São Paulo where he received a Bachelors of Business Administration with a specialization in Systems Analysis and a Masters of Production Management from the prestigious Fundação Getύlio Vargas, a Brazilian think tank and one of the top universities in Latin America.
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About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)
NewMarket Latin America is a consolidated subsidiary of NewMarket Technology providing world class systems integration services through relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and many more. NewMarket Latin America has major customers in various sectors such as Oil and Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries.
NewMarket Latin America deliver solutions to regional customers in addition to specializing in helping US clients expand their businesses and operations into one of the fastest growing economic regions in the world. NewMarket Latin America has offices and operations throughout Latin America.
NewMarket Latin America also identifies emerging technologies developed within the region and brings those latest technologies to market worldwide. These innovations help clients grow their businesses and gain a new competitive advantage.
"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.