NewMarket Technology, Inc. Signs Managed Services Contract With Serasa, an Experian Company, to Boost $25 Million in Previously Announced New Sales Contracts

Wednesday September 3, 9:07 am ET

DALLAS, TX--(MARKET WIRE)--Sep 3, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKTE.OB - News) today announced signing a technology managed services contract with Serasa (www.serasa.com.br). NewMarket's Brazilian subsidiary UniOne will provide Serasa with technology support and consulting services. Serasa, a new client for the Company, is the leading credit bureau in Brazil, the fourth largest credit bureau in the world, and the largest credit bureau outside the US. Serasa was acquired in 2007 by the world leader in marketing and credit services, Experian. Experian is a multi-billion dollar company with operations in more than 65 countries. $25 Million in New Contracts to Augment Existing $93 Million Customer Base

The Company reported $43.7 million in revenue for the first six months of 2008 with a net income of $2 million. In 2007, the Company reported $93.1 million in revenue with $7.3 million in net income. Separately, the Company recently announced record year-to-date sales contracts with new clients expected to contribute an additional $25 million in revenue in the second half of 2008 (http://biz.yahoo.com/iw/080808/0423300.html). 

The anticipated revenue from the majority of these new sales contracts is scheduled to be realized over the second six months of 2008. Management anticipates the revenue from the new sales contracts to augment revenue from the base of recurring customers that delivered the $93.1 million in 2007 revenue. Assuming no increase or decrease in sales from the Company's base of recurring customers, the $25 million anticipated in revenue from new sales contracts puts NewMarket within reach of its $120 million revenue forecast.

$12.6 Million in Revenue YTD with $528,600 in Net Income from Latin American Operations

NewMarket's operations in Latin America are leading Microsoft and Oracle partners in the region and have seen substantial growth from these partnerships over the past year. For the first half of 2008, NewMarket's Latin American operations have accounted for approximately $12.6 million in revenue YTD with $528,600 in net income, supporting the Company's global goal of $120 million in profitable revenue for 2008.

UniOne has offices in Brazil and Chile and provides Business Intelligence (BI), 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. 

Corporate Information and E-mail Updates

To learn more about NewMarket Technology's global technology services, please contact sales@newmarkettechnology.com  or 972-386-3372. 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.