SOURCE: NewMarket Technology, Inc.

December 24, 2007 11:46 ET

NewMarket Technology, Inc. Releases YouTube Video on Public Signing Ceremony for Municipal Wireless Broadband Contract in Brazil

Wireless Project to Deliver Broadband Connectivity to Curitiba University in Parana and Surrounding Neighborhoods

DALLAS, TX--(Marketwire - December 24, 2007) - NewMarket Technology, Inc. (OTCBB: NMKT) today released a YouTube video on the public signing ceremony that was held in Curitiba, Brazil to formalize the previously announced contract with Associcao Paranaense De Cultura (APC) to deliver a municipal broadband wireless solution to Curitiba University (www.pucpr.br) and the surrounding neighborhoods. The APC (www.apc.com.br) is a Brazilian Company that manages universities, hospitals and radio stations.

The contract between APC and NewMarket is intended to build the Curitiba solution as a pilot to be subsequently expanded to additional cities throughout the Brazilian state of Parana. Curitiba is the largest city in Southern Brazil with a population estimated at over 3.5 million and is the capital of the state of Parana (http://en.wikipedia.org/wiki/Curitiba). Additionally, Brazil's telecom regulator Anatel recently approved regulations to permit 5,561 Brazilian municipalities to offer Wi-Fi internet access.

The video is titled "NMKT - APC Curitiba Signing Ceremony for Municipal Wireless " and is now available on the Company's YouTube site at http://www.youtube.com/newmarkettechnology.

"Curitiba is known throughout Brazil as a leading city of innovation," said Bruce Noller, NewMarket Managing Director of Operations. "The City has won numerous awards for its public transportation system as well as the overall municipal planning. Nowhere is this spirit of innovation stronger than right here among the university executives and administration. This pilot project here in Curitiba will provide a proof-of-concept for multiple wireless broadband delivered applications delivering a host of community benefits."

NewMarket and APC have worked closely with Companhia Paranaense de Energia (COPEL) www.copel.com, the local provider of Electricity and Telecommunications. Frank Romanoski (NewMarket Latin America Board Member) said "COPEL has contributed notably to the realization of this contract in Curitiba, and we are grateful for their contributions. COPEL will be a cornerstone in the expansion of the Curitiba solution to additional cities throughout Parana. COPEL sees the wireless broadband solution as a platform for delivering new technologies solutions under development at COPEL to home and business customers."

The project is scheduled to be completed by February 29th, 2008.

Register Now (www.nmktevents.com) for the Upcoming NewMarket Annual Town Hall and Emerging and Frontier Market Seminar January 17-18, 2008 in Dallas, Texas.

NewMarket Technology 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 (http://www.fairmont.com/dallas) in Dallas.

Interested attendees can find more details on the events and register online at www.nmktevents.com. 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).

The Emerging and Frontier Market 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.

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

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.

"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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