NewMarket Technology, Inc. Announces Chinese Operation's Revenue Increases 36% in 2007 to $40 Million With an 83% Increase in Net Income

Tuesday April 1, 10:32 am ET

Chinese Subsidiary Report Filed on SEC Form 10KSB Represents Approximately 40% of Total Revenue With Annual Report for Entire Company to Be Reviewed in Friday Earnings Webcast

DALLAS, TX--(MARKET WIRE)--Apr 1, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) today announced a 36% revenue increase in 2007 over 2006 to $40.0 million for its subsidiary in China. Net income from the Chinese subsidiary increased 83% from $542,000 in 2006 to $991,000 in 2007. An SEC Form 10-KSB has been filed reporting on the Chinese subsidiary's 2007 business operations and financial performance.

The Chinese subsidiary represents approximately 40% of NewMarket's overall revenue. NewMarket has filed an extension to complete the consolidated financial report for the entire Company. The SEC Form 10K reporting on all NewMarket's complete business operations in 2007 will be filed prior to the earnings Webcast scheduled for this Friday, April 4, 2008 at 4:30 p.m. EDT.

Earnings Webcast Friday, April 4, 2008 at 4:30 PM EDT to Review Anticipated 2007 Strong Organic Revenue Growth and Net Income Results

Philip M. Verges, CEO, and Philip J. Rauch, CFO, will conduct an audio Webcast on Friday, April 4, 2008 at 4:30 p.m. EDT to discuss the Company's 2007 annual report. NewMarket Technology recently announced that the Company anticipates their annual report for 2007 on Form 10K to reflect strong organic revenue growth and net income results.

The call is being Webcast by Vcall and can be accessed at http://www.vcall.com/IC/CEPage.asp?ID=127566.  Access to the call is also available on the recently updated NewMarket Technology Investor Relations webpage at http://www.newmarkettechnology.com/investor-relations.htm. 

Company Information and E-mail Updates

To be added to NewMarket Technology's e-mail database to receive company updates or to obtain more information on the Company or its Chinese subsidiary, please send an e-mail to ir@newmarkettechnology.com.

About NewMarket Technology, Inc. (www.newmarkettechnology.com) 

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.

NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.

NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.

"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.