NewMarket Technology, Inc. Reports Strong Sales of Microsoft, Cisco and Oracle Projects and Record U.S. Growth Bolstering Overall $120 Million 2008 Revenue Objective

Third Quarter Financial Review Webcast on 20% Revenue Growth and 36% Net Income Growth Available Online


DALLAS, TX--(Marketwire - December 2, 2008) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) today announced record core sales of Microsoft, Cisco and Oracle projects. Management also reported that the Company will achieve its highest sales ever in 2008 from its operations in the U.S.

NewMarket Technology's core sales result from the integration, customization and support of brand name technology solutions from industry leaders such as Microsoft, Cisco and Oracle. The majority of NewMarket's revenue comes from oversees emerging markets in South America and Asia. In 2008, NewMarket has achieved record sales levels of Microsoft, Cisco and Oracle projects compared to previous years. The majority of NewMarket's 2008 sales growth has come from its operations in the U.S.

"NewMarket will have its best sales year ever in 2008 in spite of global economic conditions," said CEO Philip M. Verges. "We are cautious, considering the prevailing global economic issues, but remain optimistic about achieving our $120 million 2008 revenue objective. We are also optimistic about continuing growth opportunities in 2009 and look forward to announcing our growth plans for next year in more detail."

Third Quarter Webcast Available Now Online

The Company conducted its third quarter earnings Webcast on Friday, November 21. Highlights of the Webcast include the Company's year-to-date progress towards achieving its $120 million revenue goal, a business and overall industry update as well as an outlook for the remainder of 2008.

Additional Webcast Highlights:

--  $76 million in revenue YTD, a 20% increase over the same period last
    year
--  $32.4 million in revenue reported for Q3 2008
--  $3.7 million in net income YTD, a 36% increase over the same period
    last year
--  Potential management buyback
--  Q4 2008 sales update
--  Update on the current state and changing face of the PIPE Industry
--  FINRA limit order protection rule
--  SEC Forum on Small Business Capital Formation held November 20, 2008
    

A link to the Webcast archive is available on the Company's corporate Website Investor Relations page at www.newmarkettechnology.com/investor-relations.htm titled "NewMarket Technology 3rd Quarter 2008 Financial Review" under "Current Events and Communications."

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 systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, 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.

The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.

"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.

Contact Information: Contact: NewMarket Technology, Inc. Investor Relations ir@newmarkettechnology.com 214-722-3065 http://www.newmarkettechnology.com