NewMarket Technology, Inc. Releases Letter to Shareholders Requesting Shareholder Suggestions for Refined Vision and Mission Statements

Thursday May 22, 1:18 pm ET

CEO Discusses Success Growing to $93 Million in Revenue With $7 Million in Net Income in Underserved Market and Desire to Better Communicate Corporate Message

DALLAS, TX--(MARKET WIRE)--May 22, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) today released a letter to shareholders from CEO Philip Verges requesting suggestions and feedback from shareholders with regards to refining the Company's vision and mission statements in an effort to increase shareholder understanding and shareholder involvement. The letter is included in its entirety below.

Dear Fellow Shareholders --

NewMarket's growth in an underserved market over the previous five years has been terrific. In 2002, the Company reported just $1 million in revenue and in 2007 the Company reported over $93 million in revenue, with over $7 million in net income.

Internally, the Company has developed a unique and effective business model that has resulted in outstanding operational and financial success. As per Deloitte's independent rankings, we have been one of the fastest growing technology companies in the United States and Texas for over four years. We continue to improve our fundamental financials each quarter, and our operations have expanded around the world. However, we feel like we have lost some people along the way because they don't have a full understanding of what we do and who we are.

We have been able to combine new and innovative technology into small business opportunities that empower small business to compete in a big business market. Our communications to the market in the past have concentrated on explaining our business model. Our challenge has been that our business model is unique and has some complexity. To our knowledge, nobody else in the world is doing business in quite the same way. Because of this, we can't exactly just say to shareholders that we are an "XYZ" company. Naturally, shareholders want to understand what a company does before they become an owner. To facilitate this understanding, we have strived to create new terminology for what we do and who we are. We have tried to be creative in the methods we use to communicate with shareholders. The results have been mixed, and it seems we have not eliminated all of the confusion as to the exact nature of NewMarket's business.

While we are delivering very good financial results, we need to improve our message. A better message will result in a more involved and an expanded shareholder base. It should also improve our opportunity to win more contracts and improve our recognition in the capital markets.

NewMarket has a healthy number of active shareholders for a relatively small company. The number of shareholders is approximately 13,000. We want to recruit each and every one of you to help modify our corporate message to better attract both new shareholders and new business opportunities. Sometimes as management we are too close to things. As they say, sometimes it is hard to see the forest through the trees. I am calling on all of you to help us describe and communicate the nature of our forest. We enjoy a good volume of regular telephone calls and emails from shareholders, and we have encouraging attendance at our frequent public presentations. I am now looking to the shareholders to help us in refining the Company's vision and mission statements.

I have recently self-published a position paper on the challenges and opportunities in the small business marketplace. To receive a copy of the paper, please contact Investor Relations at ir@newmarkettechnology.com  or 214-722-3065. NewMarket is specifically interested in the opportunity to leverage new and innovative technology to meet those challenges and seize those opportunities.

In this letter I have included some brief discussion on the Company's marketplace and direction. I hope you might take some time to review this letter and the position paper and send us your thoughts and even your proposed suggestions for a mission and vision statement.

As you consider how we might improve our corporate message, here are a few thoughts that might help fuel some ideas;

When Considering the NewMarket Vision and Mission

As I consider NewMarket's message I review the following questions in my own mind:

What do we do?

What differentiates us from our competitors?

For our regular listeners, you have certainly seen our past communications, or possibly you have been to one or more of our public presentations. If you are a new shareholder, we encourage you to review our website, press releases and public financial reports.

As we have mentioned, NewMarket is a hybrid. We cannot simply label ourselves as one generally accepted type of business. If we could, this would be easy.

We are many things. We are a systems integrator, a managed service provider, and an incubator of new technologies, just to name a few. We have combined mainstream and new stream technology to establish a steady line of business while trying to gain market traction for new technologies. We have an internal corporate desire to earn higher profits with a higher purpose, but we are not a charity.

I think we are getting closer to that "special something" with our past communications, but we're not quite there yet -- though we are starting to articulate the underserved potential of the small business market that NewMarket is working within.

The Information Age and NewMarket Technology

Wall Street anticipated the Information Age to change the global economic landscape in the late 1990s. Well, it did. Just not the way Wall Street anticipated. While Wall Street was enamored with dot-com promises, another market sector was absorbing the benefit of technology innovation and producing lasting and substantial change.

At NewMarket we have been evolving a business model over the last five years to capitalize on the market sector with the greatest potential to produce consistent economic benefit from the results of ongoing technology innovation.

World Wide Web's 20th Anniversary and Still Looking for Net Economic Benefit

The World Wide Web was introduced almost 20 years ago in 1989. Since its inception, the intuitive, graphical, hyperlinked interface has earned and lost billions for businesses and investors. Jobs have been created and lost. The overall net economic benefit of the World Wide Web is mixed. A repeatable and sustainable business model with long-term benefit seems yet to be discovered.

Can Current Success Predict Sustainability?

Google and Yahoo! have captured advertising dollars away from print, radio and television. Will Google and Yahoo! ever lose advertising dollars to future innovations in digital media?

Amazon has become a digital mega-shopping center and eBay a digital global garage sale. Will future innovations enable an even more compelling and far reaching shopping venue?

Facebook and MySpace have made social networking a heated topic of conversation between teens and parents. YouTube has empowered the entertainment entrepreneur. Decades from now, will today's social networking sites be relegated to Pet Rock and Pokemon status?

Consistent ROI Potential of Small Business Plus Technology Innovation

In the midst of mixed results and indefinite futures, one consistent and sustainable benefit of technology innovation has occurred without fanfare in the small business sector. Ubiquitous networking technologies have made great strides in leveling the playing field between small and big businesses around the world. The emerging market growth in Brazil, Russia, India and China has been fueled by small businesses. Even in the United States, half the GDP comes from the small business sector as do eighty percent (80%) of new jobs every year. The World Wide Web is providing small businesses around the world with a new found level of access to information, production resources and marketplaces that rivals the advantage formerly reserved for big businesses and big budgets.

The NewMarket Technology Small Business Market Model - 5 Years in the Making

NewMarket Technology has been building and refining a business model over the last five years to identify and capitalize on small business opportunities, leveraging recent technology innovations to compete in market segments where big business formerly had the advantage. As I mentioned at the onset, since 2002, the Company has grown from $1 million in annual revenue to reporting more than $93 million in 2007 revenue with a net income exceeding $7 million.

I look forward to working with all of you in the ongoing development of the NewMarket Technology opportunity and receiving your feedback and suggestions on how to best deliver NewMarket's message. I thank you all for your support to date and patience with the Company as we continue to work through various stages of growth.

Sincerely, Philip Verges CEO and Founder

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.