NewMarket Technology, Inc. Letter to Shareholders Discussing Everex Acquisition to Include No Issuance of NewMarket Common Stock in Transaction

Tuesday June 24, 10:50 am ET

DALLAS, TX--(MARKET WIRE)--Jun 24, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) CEO Philip M. Verges today released a letter to shareholders regarding yesterday's announcement of the Company's binding agreement to acquire Everex. The letter is included in its entirety below.

Dear Fellow Shareholders,

Yesterday afternoon NewMarket Technology announced an agreement with FIC of Taiwan to acquire a 75% interest in Everex of Fremont, CA.

NewMarket Technology, Inc. to Acquire Everex, a Respected Brand Name in Personal Computing Reporting Approximately $60 Million in Revenue in 2007

Everex is a respected brand name in personal computing established in 1983, and headquartered in Fremont, California. As a market leader in producing innovative products, Everex has sold millions of PCs and peripheral components worldwide. Everex annual sales in 2007 were approximately $60 million.

Everex will be the cornerstone of NewMarket's previously announced mobility technology solutions initiative. As an example, Everex recently introduced its latest highly portable computing device named the CloudBook. The CloudBook is an ultra mobile, low cost and lightweight portable computer. Furthermore, the CloudBook is WiMax enabled in preparation for the next generation in wireless broadband internet access. WiMax technology will offer wireless broadband connectivity ranges in miles that will make it possible to access the internet from almost anywhere.

NewMarket anticipates the transaction with FIC to acquire Everex to be a transformational event for NewMarket. In addition to serving as the foundation of our Mobility Strategy, the transaction will substantially increase NewMarket's North American sales to be commensurate with NewMarket's Asian and South American sales. Today, NewMarket's overseas sales have grown so rapidly that they have outpaced its North American sales. This transaction will serve to bring much more balance to the Company's regional revenue streams.

FIC is a leading global manufacturer in the computer industry with a growing presence in the communication and consumer electronics markets. As part of the Company's due diligence effort, the NewMarket Board of Directors has retained outside investment banking advice to assess the overall financial impact of this transaction on NewMarket. The analysis report will be completed well before the targeted September closing.

I am sure shareholders are eager to hear the details of the transaction. Considering the transaction still has substantial time until it closes, the details are being kept confidential at this time. As we approach the September closing date, some of the transaction's details will be made available in stages. However, even after the September closing date many details regarding the Company's Mobility Strategy will remain confidential to protect its competitive advantage in the marketplace. The next generation of WiMax internet access and mobile computing devices is set to radically alter the way the world works and plays. This is a huge opportunity for the future of NewMarket.

The transaction is the largest single transaction NewMarket has ever entered into. We expect the transaction to demonstrate a culmination to date of NewMarket's efforts to realize its corporate vision of building independently listed subsidiaries and continuously introducing new technologies. The Everex product line and the Mobility Strategy will significantly enhance many of NewMarket's existing emerging market and emerging technology initiatives. It is very important to note that the structure of the acquisition does not entail the issue of any NewMarket Technology common stock nor a security which would subsequently result in the later issue of NewMarket Technology common stock.

The Company will conduct a Webcast Thursday afternoon, June 26, to briefly highlight the benefits of the transaction for NewMarket shareholders and shareholders in the family of independently listed NewMarket subsidiaries. Details regarding the Webcast will be forthcoming.

Best Regards,

Philip M. Verges
CEO and Founder
NewMarket Technology, Inc.

Corporate E-mail Updates

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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.