SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

December 22, 2009 11:21 ET

NewMarket Technology, Inc. Issues Update on Greenfield Program Progress in East Africa in On-Demand Webcast

DALLAS, TX--(Marketwire - December 22, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) today released an on-demand Webcast providing an update on progress in Africa in conjunction with the Company's Greenfield program and its participating companies. NewMarket started the Greenfield partnership program to accelerate the introduction of new technologies into emerging markets around the world where technology buying is on the rise, while improving return on investment (ROI) potential. Companies currently participating in the program include China Crescent Enterprises, Inc. (OTCBB: CCTR), NuMobile, Inc. (OTCBB: NUBL) and Alternet Systems, Inc. (OTCBB: ALYI). These companies were chosen to participate in the partnership program based on their technology and service offerings in conjunction with the emerging geographic markets in which they currently participate, such as China, Latin America and East Africa.

China Crescent Enterprises, Inc.

China Crescent is a systems integration service provider in China that markets technology outsourcing services that include the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. China Crescent reported over $40 million in annual revenue in both 2007 and 2008, and recently reported $30 million in revenue through the first nine months of the year ending September 30, 2009, with record net income of $1.8 million compared to $517k in net income for the same period in 2008.

NuMobile, Inc.

NuMobile is building a portfolio of software solutions for the global mobile computing and smartphone market and in 2009 acquired two companies with proprietary technology focused on mobile network security. Additionally, NuMobile announced a potential $20 million contract and two additional pending acquisitions focused on SMS, MMS, IVR, and identity management solutions for SaaS and Cloud computing.

Alternet Systems, Inc.

Alternet's solutions focus on effective and profitable mobile payment and m-commerce systems and solutions that tie together telecom operators, financial institutions, and payees such as mass public transportation and utility providers. With the majority of the population in emerging markets belonging to the "unbanked" sector, mobile banking opens up a major opportunity to deliver financial services to a rapidly growing subscriber base. Penetration of mobile services around the world has increased rapidly, with the subscriber base worldwide growing from just over 11 million mobile phone users in 1990 to over 3 billion in 2008. Growth is particularly impressive in developing economies. With only 1 billion bank accounts worldwide and close to 4 billion mobile phone subscribers, both mobile network operators and financial institutions recognize the value proposition in offering mobile financial services. Alternet is currently focused on providing its service offerings to the Latin American marketplace.

A link to the Webcast titled 'NewMarket Greenfield Program Africa Update Webcast' is available on the homepage and investor relations page of the NewMarket website www.newmarkettechnology.com and the NuMobile website www.numobileinc.com.

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

NewMarket is a reporting company with audited financial reports filed with the SEC. NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.

Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies.

NewMarket's rapid growth since 2002 has placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.

"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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