SOURCE: NewMarket Latin America

August 11, 2008 09:34 ET

NewMarket Latin America, Inc. Announces UniOne's Oracle Hyperion Project With Duke Energy Brazil

DALLAS, TX--(Marketwire - August 11, 2008) - NewMarket Latin America, Inc. (PINKSHEETS: NLAI) today announced UniOne Consulting has signed a contract to implement Oracle's Hyperion Planning for Duke Energy Brazil. Duke Energy Brazil, part of Duke Energy, manages and operates hydroelectric plants installed on the Paranapanema River in the state of Sao Paulo, Brazil. Duke Energy is part of one of the largest electric power companies in the United States and has approximately 4,000 megawatts of electric generation in Latin America.

UniOne's Recent Oracle Project with L'Oreal

UniOne is one of the top Oracle partners in Latin America with over fourteen years in the information technology business and has recently announced several Oracle projects, to include an Oracle Siebel implementation for L'Oreal Brazil (http://biz.yahoo.com/iw/080807/0422935.html) highlighted on the Oracle website at http://www.oracle.com/customers/snapshots/loreal-brasil-siebel-snapshot.pdf.

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.

CEO Letter to Shareholders on $30 Million 2008 Forecast, Move to OTCBB and Consolidation of Operations

Last week, NewMarket Latin America CEO Aubrey Brown released a letter to shareholders discussing the Company's progress year-to-date towards meeting or exceeding its $30 million profitable revenue forecast for 2008, upgrading the Company to the Over the Counter Bulletin Board (OTCBB) exchange and completing the consolidation of all operations, to include UniOne, into the Company. The letter is available in its entirety at: http://biz.yahoo.com/iw/080805/0422008.html.

Corporate E-mail Updates

To be added to NewMarket Latin America's e-mail database, to receive company updates or to obtain more information on the Company, please send an e-mail to ir@newmarketlatinamerica.com or call 214-722-3065.

About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)

NewMarket Latin America provides world-class systems integration services through relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and many more. NewMarket Latin America has major customers in various sectors such as Oil and Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries.

NewMarket Latin America deliver solutions to regional customers in addition to specializing in helping US clients expand their businesses and operations into one of the fastest growing economic regions in the world. NewMarket Latin America has offices and operations throughout Latin America.

NewMarket Latin America also identifies emerging technologies developed within the region and brings those latest technologies to market worldwide. These innovations help clients grow their businesses and gain a new competitive advantage.

"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