SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

October 29, 2009 13:09 ET

NewMarket Technology, Inc. Releases White Paper on African Investment in Kenya and Beyond

DALLAS, TX--(Marketwire - October 29, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) today released a White Paper titled 'African Investment: Kenya and Beyond.' NewMarket Technology is focused on expansion to the African continent, with initial operational development in Kenya and targeting the surrounding emerging economies in East Africa. NewMarket began exploring technology expansion opportunities in East Africa in 2007 as an extension to the Company's established operations in the growing economies in Asia and Latin America. NewMarket is a twelve-year-old, global systems integrator and emerging technology provider with operations in Asia, Latin America and North America.

The Trade Mission to Kenya is focused on business development in East Africa for the Company's systems integration services and emerging technology offerings, to include infrastructure, technology and services in the area of wireless connectivity and mobility computing. The Trade Mission is conducting a series of business development meetings in Kenya with local business partners, prospective clients and government officials. For a copy of the White Paper, please email the Company at info@newmarkettechnology.com or call 214-722-3065.

NewMarket Targets Telecommunications and Technology Market in Africa

Earlier this year, NewMarket was invited to present at the African Advanced Level Telecommunications Institute (AFRALTI) WiMax Conference in Nairobi based on the Company's experience in emerging economies. The Company had previously participated in the "Connecting Rural Communities Africa Forum 2007," also in Nairobi.

Broadband adoption in Africa is expected to experience 28% growth annually through 2013 as undersea cables come online. Kenya has one submarine cable in place with two additional cables expected by 2011. The expanded capacity for broadband in Africa is expected to reduce costs by nearly 75%, making broadband affordable to end-users. Africa's current broadband system relies heavily on satellite for broadband communication, which typically costs about 20 times more than broadband offerings in the U.S. A recent report by Pyramid Research stated, "By early 2011, we expect that more than half of all African markets will have 3G, while broadband coverage is increasing daily via both wireless and wireline technologies."

As the region's technology and communication infrastructure grows, NewMarket plans to position itself to provide the high-quality, affordable technology products and services needed. To do so, the Company has announced plans to expand its operations in China into the East Africa region.

Corporate Information and E-mail Updates

To sign up to receive email updates or to obtain more information on the Company, please visit www.newmarkettechnology.com.

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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