NewMarket Technology, Inc. Schedules Webcast to Announce Corporate and Management Realignment to Support Overall Market Repositioning

Wednesday June 4, 11:43 am ET

DALLAS, TX--(MARKET WIRE)--Jun 4, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) has scheduled a Webcast for Monday, June 9, 2008 at 9 am EDT to announce a corporate and management realignment to support an overall repositioning of the Company in the marketplace. A link to the Webcast will be available at the Company's corporate Website Investor Relations page at http://www.newmarkettechnology.com/investor-relations.htm  under "Current Events and Communications" or by going to http://www.vcall.com/IC/CEPage.asp?ID=119083.  An archive of the Webcast will be available afterwards for review.

NewMarket has just concluded a management summit meeting at the Company headquarters in Dallas, Texas. Senior management from the Company's operations in Asia, South America and North America met to finalize plans to reposition NewMarket in the marketplace. The Company has rapidly grown from $1 million in revenue in 2002 to reporting $93.1 million in revenue with $7.3 million in net income in 2007. However, the Company's share price has not reflected the Company's fundamental financial performance. The Company's business model is admittedly complicated. The Company's independent listing of subsidiary operations has also proven complicated for the market to embrace. In response, the Company will realign existing assets and reassign current management to improve the Company's fundamental growth potential and at the same time, simplify and clarify the Company's business model.

"NewMarket has achieved tremendous profitable growth by focusing on the early stage technology market in the world's developing economic regions," said Philip Verges CEO. "Our strategy has been entrepreneurial and less than conventional. As a corporation of more substantial size, it is necessary for the Company to realign its operations to be more in line with recognized industry practices and standards. As an entrepreneurial organization in 2002 we did not have access to the industry tools enjoyed by larger organizations such as commercial and investment banking services. As a more substantial operation today, we can support aggressive growth with the tools enjoyed by larger organizations, but first we have to transition from our entrepreneurial practices into the industry practices and standards expected by the market. We plan to continue as an innovator and leader in the emerging technology market, concentrating on the world's developing economic regions. We will do so on an operating platform that integrates standard industry practices. "

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.