NewMarket Technology, Inc. Featured in Top Three Chinese Newspaper During Conference Near Hong Kong

Monday September 22, 9:05 am ET

CEO Discussion on Potential Share Price Uplift Due to SEC Short Selling Ban in Webcast Available Online

DALLAS, TX--(MARKET WIRE)--Sep 22, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKTE.OB - News) management recently participated in the "Summit on the Industrial Transformation of Zhu Jian Delta" conference near Hong Kong. The conference provided the Company's Chinese operations an opportunity to reach hundreds of companies in China at once as part of those operations' ongoing initiative to expand both its service offerings and its operations throughout China and to evaluate potential M&A candidates. In conjunction with the conference, NewMarket Technology was featured in the Southern Metropolis Daily, one of the top three daily newspapers in China.

NewMarket's operations in China provide hardware and software services in mainland China. For the first half of 2008, NewMarket's Chinese operations have reported $19.2 million in revenue YTD, supporting the Company's global goal of $120 million in profitable revenue for 2008. In 2007, NewMarket reported $93.1 million in revenue with $7.3 million in net income across all its operations.

Webcast Discussing Potential Share Price Uplift due to Friday's SEC Short Selling Ban

Management conducted a Webcast Friday, September 19, discussing the Company's Chinese operations' year-to-date progress. During the Webcast, Mr. Verges discussed the potential share price uplift due to the SEC short selling ban announced Friday. Mr. Verges is traveling in Asia at this time with senior management from the Company's operations headquartered in China. The Webcast was conducted from Singapore.

A link to the Webcast is available at www.chinacrescent.com,  titled "China Crescent Enterprises Year-to-Date Corporate Update Webcast." The discussion of the SEC short selling ban was added to a previously scheduled Webcast to review year-to-date progress in China.

Micros Report Update Highlights Price to Book Ratio of only $0.29 Underscoring the Company's Undervalued Nature and Sets Fair Value Target Price of $0.78.

Michael Willingham, Micros Report Director of Research, recently issued an update to his November 2007 research coverage on NewMarket.

Mr. Willingham stated in his recent update, "If the market wakes up to the true value being built in this Company, there will be a significant reversal of fortunes in the share price."

The update emphasizes the Company's book value of $62 million compared to its current market capitalization of only $18 million. NewMarket's fully diluted book value is $0.25 per share and its undiluted book value per share is $0.30, compared to a recent close of merely $0.085 per share. "The Company's Price-to-Book ratio has become so low, that the discount in the Company's share price seems glaring... It is important to point out that NMKTE currently trades well below its book value. Established firms practically never trade below their intrinsic value. This fact alone should see NMKTE above $0.295 a share which would be exactly 1x book value," Mr. Willingham stated in his update.

The report goes on to assign a Fair Value Target price for NewMarket stock of $0.78 per share: "This $0.78 fair value estimate is assigned based upon what NMKTE has already achieved as a company in regards to their historical profitability, historical revenue, and future projections. Based upon the past five years' results, the future growth of the company has a high probability of continuing. If the company can continue to grow revenue and profits both organically and through acquisitions while keeping the outstanding shares in check, even higher stock prices should be expected in the future."

Interested parties may contact ir@newmarkettechnology.com  to receive a copy of the report.

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.