NewMarket Technology, Inc. Invited to Participate in Oracle's "FY09 Global Kick Off" as One of the Top Partners in Latin America

Tuesday June 3, 11:57 am ET

Latin America Operations Implement Several Oracle-Based Projects for Major Corporations to Include Anglo-American, Movistar and ING Chile S.A.

DALLAS, TX--(MARKET WIRE)--Jun 3, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) today announced the Company's Latin American subsidiary UniOne has been invited to participate in Oracle's "FY09 Global Kick Off" scheduled for June 10-12, 2008 in Las Vegas, Nevada. UniOne has been invited to participate after being recognized as one of Oracle's Top 100 partners in Latin America.

NewMarket has experienced strong sales growth in Latin America, in part through the Company's subsidiary UniOne and their success as an Oracle partner in the region. UniOne has recently implemented or is implementing several Oracle based projects for several major corporations to include:

-- A multi-continent project with Anglo American, a global mining leader, to implement Oracle's Hyperion Planning solution.

-- Recent contract with Movistar, a regional mobile telephone operator with more than 126 million customers, to implement Oracle's Hyperion Business Intelligence Solution.

-- Recently completed Oracle Hyperion project for the Chile Ministry of Education which was highlighted locally in Chile.

-- Oracle Hyperion implementation for global financial services provider ING Chile S.A., which is highlighted on Oracle's Website at http://www.oracle.com/customers/snapshots/ing-chile-hyp-snapshot.pdf. 

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 Reviews $20.9 Million in Q1 2008 Revenue

NewMarket CFO Philip J. Rauch recently conducted a Webcast 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.