SOURCE: NewMarket China, Inc.

January 08, 2008 11:04 ET

NewMarket China, Inc. CEO Interviewed on CEOcast Discussing New Research Coverage With Fair Value Target Price of $0.83 vs. Recent $0.13

Company Experienced Strong Organic Sales Growth in 2007 and Anticipates Reporting Approximately $40 Million in Revenue Compared to $29 Million in 2006

DALLAS, TX--(Marketwire - January 8, 2008) - NewMarket China, Inc. (OTCBB: NMCH) today announced CEO John T. Verges' recent interview with CEOcast will be available on the CEOcast website today. The interview highlights NewMarket China's strong organic growth leading to a new research coverage fair value target price of $0.83 vs. recent $0.13. The Company anticipates reporting approximately $40 million in annual revenue for 2007 with breakeven profitability after reporting $29 million in annual revenue in 2006. NewMarket China anticipates continued aggressive organic growth in 2008 with improving profitability.

The interview is available at, and requires free registration.

Micros Research Report Fair Value Target Price of $0.83

Research coverage of NewMarket China, Inc. has been initiated by Micros Report Director of Research Michael Willingham. With three years of operational history in mainland China and roughly $90 million in aggregate revenues, NewMarket China is an interesting young company that is proving its high growth business model in a high growth geographic area. The company was formed in 2005, setting its sights on the technology industry and the upshot potential in China specifically.

The Fair Value Target price for NMCH of $0.83 was established using a peer comparison study and widely-accepted valuation methodologies including Price-to-Earnings, Price-to-Book, and Price-to-Sales. In analyzing the company, the report includes the following details:

-- "The three commonly used valuation methods discussed above all point
   to an undervalued NMCH stock. This is greatly due to the fact that
   the company only has 26 million shares issued and outstanding.
   Without a significant amount of dilution to the value of the company
   through excessively issued shares, the fair value of each share of
   the company should retain a higher price."

-- "The price of NMCH shares should rise as more trading volume comes
   into the stock and more of the investing public is made aware of the
   attractive valuation and investment opportunity."

The report is available in its entirety under the Media Center page under "Recent Analyst Report - NewMarket China" at

NewMarket China, Inc. Featured at Upcoming NewMarket Technology, Inc. Town Hall, January 17th 3:30 pm, Dallas, TX

NewMarket China's parent company, NewMarket Technology, Inc. (OTCBB: NMKT) will be holding its Annual Town Hall for Shareholders and an Emerging and Frontier Market Seminar on Brazil, China and Africa on Thursday and Friday, January 17-18, 2008, at the Fairmont Hotel ( in Dallas.

Interested attendees can find more details on the events and register online at Registration is free for both events. Attendees are encouraged to register early, as space is limited.

The annual Town Hall meeting, which will take place Thursday, January 17, 2008 at 3:30 pm CST at the Fairmont Hotel in Dallas, is an annual event providing shareholders an opportunity to receive updates on company growth and plans for the upcoming year and to meet company management in an interactive forum. The Town Hall will also include a review of the Company's subsidiaries, NewMarket China, Inc. (OTCBB: NMCH) and NewMarket Latin America, Inc. (PINKSHEETS: NLAI).

Emerging and Frontier Market Seminar: Brazil, China, Africa - January 18, 2008 8am - 5pm CST Dallas, TX

Dan Sanders, author of New York Times and USA Today National Bestseller "Built To Serve: How to Drive the Bottom Line with People-First Practices," will be the keynote speaker at the seminar. The seminar, which will take place Friday, January 18, 2008 from 8am - 5pm CST at the Fairmont Hotel in Dallas, will be an opportunity for shareholders, investors, technologists, entrepreneurs and small businesses to learn more about the opportunity for rapid growth within rapidly growing economies worldwide. The seminar will focus on financing and investing for small business and technology in global emerging markets, with a special focus on Brazil, China and Africa. The format for the seminar will be panel discussion sessions lead by subject matter experts on investment and financing in emerging markets and on the Brazilian, Chinese and African markets. Guest panelists currently include Joseph Wambia, formally with the World Bank, William Weiss, Honorary Consul for the Republic of Malta, and Dr. Flavio Chaves, Assistant to the Vice Governor of the State of Sao Paulo, Brazil.

To be added to NewMarket China's corporate e-mail list for shareholders and interested investors, please send an e-mail to

About NewMarket China, Inc. (

NewMarket China, Inc. is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.

Headquartered in Dallas with operations in Shanghai and Beijing, NewMarket China bridges the gap between Western and Eastern business cultures to assist western clients in realizing the advantages of the high quality, low cost technology products and services available from China. NewMarket China also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

About NewMarket Technology, Inc. (

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.


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.

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