BNET Industries
Market Cap:$1.3M
Last Fiscal Year Sales:$95.1M
- Public
- US
Dow Jones Description
Nova Enterprises, Inc (the "Company") was incorporated in the State of Nevada on February 19, 1997, to develop and produce a unique proprietary software solution for use in Internet Telephony (hereafter referred to as "IP Telephony"). In March 1998, the Company entered into a reorganization agreement, pursuant to which our predecessor exchanged 9,000,000 shares of its common stock for all of the outstanding common shares of a private operating company known as IPVoice Communications, Inc. ("IPVCDE"), a transaction commonly referred to as a "reverse acquisition." In general terms, a reverse acquisition is a transaction in which the inactive public entity acquires an operating company and then changes its name as the surviving parent corporation to the name of the subsidiary and allows the subsidiary to appoint management in the surviving public entity. Thereafter, the subsidiary may formally merge with the parent or may continue to operate as a separate operating subsidiary. In this case, the subsidiary transferred all of its assets to the parent. The reorganization agreement was accounted for as a reorganization of IPVCDE.
Chairman, Chief Executive Officer, Director
Philip VergesNumber of Employees 600
Peer Companies
NAICS Code : 517910
Recent Events
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NewMarket Technology, Inc. Reviews $36 Million Contract Signed by Chinese Subsidiary and $100 Million 2010...
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NewMarket Technology Offers Update Webcast on Greenfield Program Progress
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NewMarket Technology, Inc. Makes Shrewd Move to Seize Technology Sector Opportunity Signaled by HP,
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NewMarket Technology, Inc. Announces the Small Equity Initiative
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NewMarket Technology, Inc. Announces 3 Anticipated Dividend
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NewMarket Technology, Inc. to Release Exclusive Strategic Update Webcast on $75 Million in 2009 YTD...
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NewMarket Technology, Inc. Presents $1 Billion 2015 Plan After
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NewMarket Technology, Inc. $20 Million Latin American Operation
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NewMarket Technology, Inc. $20 Million Latin American Operation to Be Quoted on OTCBB With Dividend...
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NewMarket Technology announces $33 million outsourcing agreement with WBA
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NewMarket Technology, Inc. Announces $33 Million Outsourcing Agreement in South America
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NewMarket Technology, Inc. Announces Launch of $30 Million Service Contract in China
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NewMarket Technology, Inc.: NewMarket Technology, Inc. Releases Webcast Reviewing Management Buyback, YTD Performance and Optimistic...
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NewMarket Technology, Inc. Management to Review 36% Net Income
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NewMarket Technology, Inc. Announces $10.5 Million Managed Services Contract With WBA Telecommunications, S.A. to Provide...
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OTCPicks.com: OTCPicks.com Stocks to Watch for Thursday, February 21st ENCY, WWSG, TOFS, VRED, MDII, BDGR
News & Analysis
Filter by
china and dr. and newmarket technology inc. - All News and Analysis
NewMarket Technology, Inc. and NewMarket China, Inc.'s Dr. Larry Xianghong Wu to Present at "China in the World Economy" Global Business Forum at Baylor University
NewMarket Technology, Inc. (OTCBB: NMKT) and NewMarket China, Inc. (OTCBB: NMCH) today announced that Dr. Larry Xianghong Wu has been invited to present at Baylor University's upcoming "China in the World Economy" Global Business Forum scheduled for February 25-29, 2008. Dr. Wu currently serves as Vice President of Chinese Business...
Speak with other shareholders about: (OTCBB:NMKT) NewMarket Technology, Inc., (OTC:CKYS) CyberKey Solutions, Inc.
M2 PRESSWIRE-26 January 2007-Stockwire.com: Speak with other shareholders about: (OTCBB:NMKT) NewMarket Technology, Inc., (OTC:CKYS) CyberKey Solutions, Inc.C1994-2007 M2 COMMUNICATIONS LTD RDATE:26012007 AUSTIN - A very interesting indicator to look for is where the money is flowing into. We have a filter...
WillyWizard.com Reports Stocks In The News (OTCBB: NMKT) NewMarket Technology, Inc., (Pink Sheet: CKYS) CyberKey Solutions, Inc.
M2 PRESSWIRE-26 January 2007-WillyWizard.com: WillyWizard.com Reports Stocks In The News (OTCBB: NMKT) NewMarket Technology, Inc., (Pink Sheet: CKYS) CyberKey Solutions, Inc.C1994-2007 M2 COMMUNICATIONS LTD RDATE:26012007 WillyWizard.com Reports Stocks In The News (OTCBB: NMKT) "NewMarket Technology, Inc.", (Pink Sheet: CKYS) ...
Intercell International Corporation Announces Former Senior Advisor to Premier of China, Dr. Wu Xianghong as VP of Business Development to Expand Chinese Operations with $20 Million Revenue Expected in 2006
Intercell is the First Independently Publicly Listed Subsidiary of NewMarket Technology, Inc. DALLAS -- Intercell International Corporation (OTCBB:IICP) today announced that Dr. Larry Wu was appointed as VP of Business Development for its Chinese operation headquartered in Shanghai, China. Dr. Wu is tasked with expanding the current $20 million...
NewMarket Technology Inc. to Host China Business Plan Meeting on Dec. 16th in Boca Raton to Review $24 Million in Recurring Revenue Launched in 2005 and Outlook for 2006
DALLAS -- General Overview of Business Opportunity Environment in China to be Presented by Dr. James Jiang and Dr. Larry Wu NewMarket Technology Inc. (OTCBB:NMKT) today announced it will host an investor's meeting on December 16, 2005, to present the 2006 business development plans in China, as well as...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Kristi J Kampmann | Chief Financial Officer |
| Larry Wu | Vice President of Business Development |
| Elizabeth Hunter |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Philip Verges | Chairman, Chief Executive Officer, Director |
| Philip J Rauch | Chief Financial Officer and Board Member |
| Frank Romanoski | Board of Directors |
| Hugh G. Robinson | Board Member |
| James L. Mandel | Board Member |
| Kenneth Blow | Board Member |
| Mallory Smith | Board of Directors |
| Mark Richards | Board of Directors |
| Paul Danner | Board of Directors |
| R Mark Richards | Board of Directors |
As Chief Executive Officer and Chairman of NewMarket, Mr. Verges brings a wealth of business and technology experience and leadership to the Company. In his first foray into the role of entrepreneur, Mr. Verges founded VergeTech International (VTI) in 1997, a firm that specialized in leading edge technology services. After merging VTI with IPVoice Communications in 2002, Mr. Verges developed and implemented the Company's new business strategy of launching market-entry technology advancements into early and mainstream technology products and services through established Systems Integration relationships. Thus was born NewMarket Technology, Inc. Since that time, Mr. Verges has been instrumental in NewMarket's successful acquisition of technology-based companies in North America, Asia and Latin America. A graduate of the U.S. Military Academy at West Point, Mr. Verges served with distinction in a wide variety of important engagements to include research and development of counter terrorism communication technologies and practices. After fulfilling his post-graduate military duties for the United States, Mr. Verges elected to pursue the private sector and was honorably discharged with the rank of captain. Mr. Verges' early career after the Army was spent with Electronic Data Systems (EDS) in the Computer Sciences Research and Development Department of General Motors. Mr. Verges' first business start-up experience was with EDS in a new division concentrating on call center technology in financial institutions. He later added to this experience with the task of opening an entirely new geographic region for a $30 million technology services business. Finally, with the launch of his own company in 1997, Mr. Verges accomplished professional independence. He grew his firm from $300,000 in first year sales to over $11 million in year four; growth funded primarily from operational income. After merging VTI into the now NewMarket Technology, Inc., Mr. Verges continued to grow the new company to over $50 million in annual sales. Dissatisfied with merely adapting to keep pace, he sought to pioneer by strategically positioning the Company to be at the forefront of identifying and marketing emerging technologies the world over. Today, NewMarket employs over 400 people in six countries, and services customers around the globe. In addition to leading NewMarket, Mr. Verges is also a sought after public speaker, delivering speeches throughout the year on topics ranging from emerging technologies to financial markets. Currently, Mr. Verges is also developing a book, which will be a guide to start-up financing for the high-tech entrepreneur. Outside of work, Mr. Verges, along with his wife of nearly 20 years, spends his time raising their five children.
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Chairman, Chief Executive Officer, Director | Current |
| Newmarket Corporation | Chairman | Current |
| Enable Ipc Corporation | Board of Directors | Current |
| IP Global Voice, Inc. | Chairman and Chief Executive Officer | Former |
| Newmarket Corporation | Chief Executive Officer | Former |
| Newmarket Technology, Inc. | Board of Directors | Former |
| United States Military Academy | Former |
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Chief Financial Officer | Current |
| Aspeon, Inc. | Board of Directors | Current |
| Vyta Corp | Chief Financial Officer and Corporate Secretary | Former |
| University of Colorado | M.B.A. | Former |
| University of Minnesota | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Newmarket Latin America, Inc. | CFO & Secretary | Current |
| Newmarket Technology, Inc. | Chief Financial Officer and Board Member | Current |
| IP Global Voice, Inc. | Chief Financial Officer and Board Member | Current |
| Newmarket Corporation | Current | |
| American Management Association | Board of Directors | Current |
| Construction Financial Management Association | Board of Directors | Current |
| American Management Association | Member | Current |
| Columbus Construction Company | Cfo | Former |
| Defense Technology Systems, Inc. | Chief Operating Officer and Chief Financial Officer | Former |
| AboveNet, Inc. | Vice President of Business Operations | Former |
| Columbus Construction Company | Vice President | Former |
| Newmarket Technology, Inc. | Chief Financial Officer & Director | Former |
| Newmarket Latin America, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Vice President of Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Board of Directors | Current |
Mr. Robinson brings to the New Market board of directors a great deal of leadership both in the private sector and in the military. Retiring from the United States Military with the rank of Major General, Mr. Robinson also is a former chairman and board member of the Federal Reserve Bank of Dallas. Currently, Mr. Robinson is a member of the Board of Directors of CarMax, Inc., Aleris International, Inc. and a member of the Advisory Board of TXU Corp. Additionally, Mr. Robinson serves on the Board of Directors of the North Texas Public Broadcasting Co., Inc., the LBJ Foundation, Inc., and the Better Business Bureau. He is a member of the Dallas Citizens Council, the National Society of Professional Engineers, the Greater Dallas Chamber and the Dallas Black Chamber. A graduate of the U.S. Military Academy at West Point, Mr. Robinson also earned a Master's Degree in Civil Engineering at Massachusetts Institute of Technology (MIT). In addition, he received an honorary Doctor of Laws degree from Williams College and attended the Harvard Management Program for Executives. Mr. Robinson's military career included a number of prestigious posts that included aide de camp to President Lyndon B. Johnson. After retiring from the military, Robinson joined The Southland Corporation as vice president and president of Cityplace Development Corporation, a subsidiary of Southland. From 1989 through 2002, Mr. Robinson served as Chairman and Chief Executive Officer of The Tetra Group, Inc., a Dallas construction management company with divisions in Minority Business Development and affordable housing.
| Organization | Position | Status |
|---|---|---|
| CarMax, Inc. | Board of Directors | Current |
| Newmarket Latin America, Inc. | Board Member | Current |
| IP Global Voice, Inc. | Board Member | Current |
| Newmarket Technology, Inc. | Board Member | Current |
| Federal Reserve Bank of Dallas | Board Member | Current |
| Cityplace Development, LLC | President | Former |
| Cityplace Development, LLC | Vice President | Former |
| Southland Corporation | Vice President | Former |
| Federal Reserve Bank of Dallas | Chairman | Former |
| Aleris International, Inc. | Board of Directors | Former |
| Circuit City Stores, Inc. | Board of Directors | Former |
James Mandel has been the Chief Executive Officer and a director of Multiband Corporation (NasdaqCM: MBND) since October 1, 1998. Prior to August 2006, Multiband was an affiliate of the Company, owning approximately 51%, of the Company after the remaining 49%, of the Company's shares had been spun-off to Multiband shareholders of record as of August 10, 2006. Multiband is a Minnesota corporation based in New Hope, Minnesota, and is principally engaged in the business of offering voice, data and video series to residents of multi-dwelling units, and also serves as the master service operator and marketer of DirecTV services to residents of multi-dwelling units. Mr. Mandel was co-founder of Call 4 Wireless, LLC, a telecommunications company specializing in wireless communications, and served as its Chairman and a member of its Board of Directors from December 1996 until October 1998, and as its interim Chief Executive Officer from December 1996 until December 1997. From October 1991 to October 1996, he was Vice President of Systems for Grand Casinos, Inc., where his duties included managing the design, development, installation and on-going maintenance for the 2,000 room, $507 million Stratosphere Hotel, Casino and Tower in Las Vegas. Mr. Mandel also managed the systems development of Grand Casino Mille Lacs, in Onamia, Minnesota, Grand Casino Hinckley in Hinckley, Minnesota and six other casinos nationwide. He formerly served as Chairman of the Board of Directors for CorVu Corporation, an international software development company which was sold in June of 2007, and currently serves as a director for NewMarket Technologies, an international technology company based in Dallas, Texas. Mr. Mandel has served as a director of the Company since December 31, 2007.
| Organization | Position | Status |
|---|---|---|
| Western Capital Resources, Inc. | Chief Executive Officer | Current |
| CorVu Corporation | Chair | Current |
| Multiband Corporation | Chief Executive Officer | Current |
| CorVu Corporation | Board of Directors | Current |
| Multiband Corporation | Director | Current |
| IP Global Voice, Inc. | Board Member | Current |
| Newmarket Latin America, Inc. | Board Member | Current |
| Newmarket Technology, Inc. | Board Member | Current |
| Western Capital Resources, Inc. | Board of Directors | Current |
| New Market Technologies, LLC | Director | Current |
| Multiband Corporation | President | Former |
| Grand Casinos Inc. | Vice President of Systems | Former |
| LP Wireless | Co-Founder | Former |
| LP Wireless | Chairman | Former |
Mr. Blow started his career with Xerox Corporation as a marketing representative and then moved to Digital Equipment Corporation as a major account manager in the energy market. His last corporate assignment was with Microtel Pacific Research in Vancouver, British Columbia where he was a national account manager. Mr. Blow graduated from Prairie View A&M University in 1979 with a BA in Finance and currently sits is on its advisory board for the college of business.
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Board Member | Current |
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Board of Directors | Current |
| Small Business Finance | Board of Directors | Current |
R. Mark Richards. Mr. Richards has served as the President and Chief Executive Officer of the Company from March 16, 2005 to October 18, 2006. Mr. Richards served as a director of the Company from February 2000 through February 15, 2007. From October 21, 2003 to January 30, 2004, Mr. Richards served as the President and Chief Executive Officer, Pro Tem. Mr. Richards graduated in 1973 from Colorado School of Mines, in Golden, Colorado, with a Bachelor of Science-Engineering. He also attended the University of Colorado in Boulder and completed a course in Project Management. Mr. Richards worked for the Public Service Company of Colorado for 15 years in various management positions, including Director Business Development and is currently employed at the Rocky Flats Environmental Technology Site, where he has served in various capacities, including Program Manager.
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Board of Directors | Current |
| Newmarket Technology, Inc. | Chief Executive Officer | Former |
| Colorado School of Mines | Bachelor of Science, Engineering | Former |
| University of Colorado | Former |
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Board of Directors | Current |
| Newmarket Technology, Inc. | Managing Director | Former |
| Paragon Financial Corp | Chief Executive Officer | Former |
| Newmarket Technology, Inc. | Chief Executive Officer | Former |
| Paragon Corporation | Co-Founder | Former |
| Paragon Financial Corp | Chairman | Former |
| Old Dominion University | Mba | Former |
| Colorado State University | Bachelor of Science Degree In Business Finance | Former |
R. Mark Richards. Mr. Richards has served as the President and Chief Executive Officer of the Company from March 16, 2005 to October 18, 2006. Mr. Richards served as a director of the Company from February 2000 through February 15, 2007. From October 21, 2003 to January 30, 2004, Mr. Richards served as the President and Chief Executive Officer, Pro Tem. Mr. Richards graduated in 1973 from Colorado School of Mines, in Golden, Colorado, with a Bachelor of Science-Engineering. He also attended the University of Colorado in Boulder and completed a course in Project Management. Mr. Richards worked for the Public Service Company of Colorado for 15 years in various management positions, including Director - Business Development and is currently employed at the Rocky Flats Environmental Technology Site, where he has served in various capacities, including Program Manager.
| Organization | Position | Status |
|---|---|---|
| Newmarket Technology, Inc. | Board of Directors | Current |
| Newmarket Technology, Inc. | President & CEO | Former |
| Colorado School of Mines | Bachelor of Science, Engineering | Former |
| University of Colorado | Former |
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