NewMarket Technology, Inc. Conducts Earnings and Operational Webcast Discussing YTD Growth Toward $120 Million 2008 Revenue Goal

Friday August 22, 9:10 am ET

DALLAS, TX--(MARKET WIRE)--Aug 22, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKTE.OB - News) CEO Philip M. Verges conducted the second quarter and year-to-date (YTD) earnings Webcast yesterday. The Webcast has been archived and is available for review through the Company's corporate Website Investor Relations page at www.newmarkettechnology.com/investor-relations.htm  under "Current Events and Communications" or by going to: http://www.vcall.com/IC/CEPage.asp?ID=133305.  During the Webcast, Mr. Verges reviewed the Company's second quarter and YTD financial results, Asian and Latin American regional results, Managed Services and Mobility Strategy.

Webcast Highlights:

-- Corporate Overview: Technology Services, Next Generation Technologies, Fast Growth Global Economic Region Focus, North American Focus, and Equity Income Strategy
-- Revenue, Margin and Sales Update
-- $43.7 M YTD Revenue with $2 M Net Income before currency translation
-- $25 M in recent customer contracts, revenue anticipated to be recognized in second half of year, boosting annualized financials
-- $19.2 M Chinese Operations YTD Profitable Revenue
-- $12.6 M Latin American Operations YTD Profitable Revenue
-- Capital Structure Update
-- Mobility Computing and Everex Update
-- Managed Services Update; turning recurring customer relationships into recurring steady income contracts
-- Update on Subsidiary Independent Listings
-- Advisory Board

Second Quarter Results & Recent Letter to Shareholders

Earlier this week, the Company filed SEC Form 10-Q reporting its performance for the second quarter of 2008. A copy of the 10-Q is available for review on the SEC's website at www.sec.gov. NewMarket reported $43.7 million in revenue for the first six months of 2008 with net income before currency translation of $2 million. Net income has increased 71% in the first six months of 2008 compared to the same period last year. Revenue has increased 9% compared to the same period last year.

Yesterday, CEO Philip Verges released a letter to shareholders addressing the Company's $120 million 2008 revenue goal. Highlights from the letter, which is available in its entirety at http://biz.yahoo.com/iw/080821/0427224.html,  include:

-- $25 million in recent customer contracts signed as of July 31, 2008
-- Management's plan to augment sales from its base of recurring customers, which delivered $93.1 million in revenue last year, with revenue from recent sales contracts
-- Historically stronger sales in the second half of the year. In 2006 and 2007 sales were 26% and 32% higher respectively in the second six months of the year.

In light of the higher than anticipated recent sales contracts and taking into account the Company's seasonality which has historically resulted in higher revenue and net income in the third and fourth quarters, management indicates the Company is on track to meet or exceed its $120 million profitable 2008 revenue forecast. NewMarket reported 2007 revenue of $93.1 million with a net income of $7.3 million.

Second Quarter Financial Highlights

-- Stockholders' equity increased 20% compared to same quarter last year ($62.7m v. $52.1m) -- Total assets increased 10% compared to same quarter last year ($77.9m v. $70.8m)
-- Revenue increased 4% compared to same quarter last year ($22.8m v. $21.9m)
-- Net income (before currency translation) for 2nd quarter 2008 increased 43% from 2nd quarter 2007 ($843k v. $589k)
-- Net income (after currency translation) for 2nd quarter 2008 increased 161% over 2nd quarter 2007 ($1.5m v. $579k)

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.