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NewMarket Technology, Inc. Announces London and Las Vegas Presentations and UTStarcom Provides Update on Equity Grant Review

8 February 2007

Wireless Communications industry news provided by Financial News USA (OTC: FNWU). NewMarket Technology, Inc. (OTCBB:NMKT) CEO, Philip Verges, will present the company's 2007 business plan to continue revenue and income momentum in 2007 at the Friedland Capital Global Equities Conferences in Las Vegas and London. The 2007 Global Equities Conference in Las Vegas will be held at the Rio Suite Hotel and Casino from February 25-27. NewMarket and Diamond I, Inc. (OTCBB:DMOI) have entered into a letter of intent agreement to consolidate Wi-Fi technology assets with $10 million in revenue forecasted in 2007.


UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, recently announced an update on the on-going voluntary review of the Company's equity grant award practices and related accounting issues. UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its broadband, wireless, and handset solutions to operators in both emerging and established telecommunications markets around the world. Verizon Wireless, a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD) and the nation's leading wireless provider, recently announced it is launching its next-generation high-speed wireless broadband network in cities throughout the country, giving customers the ability to upload files five to six times faster than before, giving them faster access to e-mail, everyday corporate data, the Internet and more. Alvarion Ltd. (NASDAQ: ALVR), the world's leading provider of wireless broadband and WiMAX solutions, recently announced that the leading Taiwanese telecom service provider Chunghwa Telecom (NYSE:CHT) has selected its WiMAX solution to offer broadband services in the center of the country. Using BreezeMAX(TM), the industry's most widely deployed WiMAX platform, CHT will deliver a range of data services including Internet access, VoIP and support for mobile medical, business and education applications to underserved residents in Nantou County, a rugged mountainous region of central Taiwan.


About Financial News USA


Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information:


Financial News USA


Tel: (626) 961-8067


Email: info@financialnewsusa.com

Source: financialnewsusa





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