SOURCE: NewMarket Technology Inc.

October 12, 2006 10:25 ET

NewMarket Technology, Inc. Announces Shareholder Webcast to Discuss Recent Letter of Intent With Action Products International, Inc.

Details of Potential Acquisition of All NewMarket Outstanding Stock by Action Products International to Be Addressed

DALLAS, TX -- (MARKET WIRE) -- October 12, 2006 -- NewMarket Technology, Inc. (OTCBB: NMKT) today announced an audio webcast to address shareholder questions and concerns regarding the letter of intent (LOI) executed between NewMarket and Action Products International, Inc. (NASDAQ: APII). The Company announced a non-binding letter of intent (LOI) on Tuesday regarding the possible acquisition of all NewMarket Technology outstanding common stock by Action Products International in exchange for APII common stock. Reference press release: http://www.newmarkettechnology.com/newsreleases/20061010_2.htm

Philip Verges, CEO and Chairman of NewMarket Technology, and Ron Kaplan, CFO and Chairman of Action Products International, will conduct an audio webcast on Wednesday, October 18, 2006, at 4:30 pm EDT to review the details and mutual benefits of the transaction. In the interest of maximizing the value of this webcast for all participants, please submit questions by Monday, October 16, to Investor Relations at ir@newmarkettechnology.com. The call is being webcast by Vcall and can be accessed at NewMarket Technology's website at www.newmarkettechnology.com. Investors can also access the webcast at http://www.vcall.com/IC/CEPage.asp?ID=110228. The webcast will be archived and available on the NewMarket website for replay.

Philip Verges was also interviewed by Wallst.net following the Company's announcement on Tuesday. The interview can be heard at http://www.wallst.net/audio/audio.asp. To hear the interview in its entirety, visit www.wallst.net, and click on "Interviews." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the respective company's ticker symbol in the Search Archive window.

Shareholders and interested investors who would like to be added to NewMarket's corporate e-mail list for press releases and updates should send an e-mail to ir@newmarkettechnology.com.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)

NewMarket Technology, Inc. has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with 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. Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. The Company has achieved three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005.

About Action Products International, Inc.

Action Products International, Inc. (APII), based in Orlando, Florida, is a toy manufacturer, emphasizing educational and positive play brands, including JAY JAY THE JET PLANE Wooden Adventure System, the I DIG® series, Space Voyagers®, "The most authentic Space Toys on the Earth," ToddWorld™ soft play toys, Climb@Tron™ window-climbing robots, Curiosity Kits® and IMADETHAT™. Its products are marketed and sold to toy stores, specialty retailers, Internet retailers, museums, zoos, theme parks, attractions, catalog companies and education markets in the United States and worldwide.

Visit the Company's web sites at www.apii.com and www.curiositykits.com

About WallSt.net (www.wallst.net)

www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications.

"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.

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