NewMarket Technology, Inc. Reports Strong Latin America Sales Growth, Announcing Contract With $10 Billion Anglo American to Implement Oracle Hyperion Planning

Tuesday May 27, 9:10 am ET

DALLAS, TX--(MARKET WIRE)--May 27, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) today announced the Company has experienced strong Latin America sales growth year-to-date, including UniOne's recent contract with $10 billion Anglo American. Anglo American (www.angloamerican.co.uk),  an existing client of NewMarket's subsidiary UniOne, has chosen the consulting company to implement a multinational, multi-continent, Oracle Hyperion Planning project for Anglo American's Base Metals division. The project is being developed in Chile, but will be implemented across three continents: South America, Europe and Africa and in four additional countries, including Ireland, South Africa, Namibia and Brazil. The project alone is valued at approximately $600,000 and is expected to be completed by the end of July. Hyperion Planning is a budgeting and forecasting solution from Oracle that integrates operational and financial planning processes. UniOne is an Oracle partner based in Latin America.

Anglo American, who reported 2007 operating revenues of $10.1 billion, is a global leader in mining whose core mining business is focused on industrial minerals, coal, base and ferrous metals, platinum and diamonds. Anglo American has operations and development projects in North and South America, Europe, Australia and Africa. The Company's Base Metals division concentrates on copper, zinc, nickel and mineral sands and has interests in 16 projects in seven countries.

UniOne, based in Sao Paulo, Brazil, also has an office in Santiago, Chile, and focuses on providing Business Intelligence (BI) as well as Enterprise Resource Planning (ERP), Business Performance Management (BPM), Customer Relationship Management (CRM) and Services Oriented Architecture (SOA) consulting services throughout Latin America. For more information on UniOne, please visit www.unione.com.br. 

NewMarket Technology and UniOne

NewMarket Technology is currently working to consolidate UniOne into the Company's Latin American subsidiary. The Latin American subsidiary is a recent acquisition which is in the process of being brought current with its reporting requirements in order to move back to the OTCBB. NewMarket's Latin American subsidiary is a U.S.-based company headquartered in Sao Paulo, Brazil, with consolidated operations throughout Latin America. The Latin American subsidiary is a premier business intelligence and systems integration firm, representing technologies from leaders such as Microsoft, Oracle, and Oracle's recently acquired Hyperion. UniOne serves major globally-based customers in various sectors such as Oil and Gas, Consumer Products, Mining, Financial Services, and Pharmaceuticals. Customers include Brasil Telecom, Avon, DHL and others. A more extensive list of clients can be found at http://www.unione.com.br/clientes.asp. 

Recent Q1 2008 Financial Review Webcast

NewMarket CFO Philip J. Rauch conducted a Webcast last week to review first quarter 2008 financials. The Company recently reported $20.9 million in Q1 2008 revenue, a 15% increase in revenue over Q1 2007, and $1.2 million in net income, a 94% increase in net income over Q1 2007 before adjustments for foreign currency exchange. An archive of the Webcast can be accessed at "Current Events and Communications" under the NewMarket Investor Relations webpage at http://www.newmarkettechnology.com/investor-relations.htm. 

Corporate 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, please send an e-mail to ir@newmarkettechnology.com or call 214-722-3065.

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.