SOURCE: NewMarket Technology, Inc.

November 15, 2007 09:15 ET

NewMarket Technology, Inc. Reports 19% Revenue Increase to $63.5 Million and 21% Net Income Increase to $2.8 Million for Nine Months Ended September 30, 2007

Current Report Reflects Organic Sales Growth, Bottom Line Performance Focus and Capital Structure Stability

DALLAS, TX--(Marketwire - November 15, 2007) - NewMarket Technology, Inc. (OTCBB: NMKT) announced today the filing of the Company's financial performance results on SEC Form 10Q for the nine month period ended September 30, 2007.

Nine Months Ended September 30, 2007

The Company reported $63.5 million in revenue for the nine months ended September 30, 2007 and $2.8 million in net income. Year-to-date revenue has increased 19% compared to the same period last year and net income has increased 21%.

Three Months Ended September 30, 2007

Revenue in the third quarter increased 24% from $18.9 million in 2006 to $23.4 million in 2007. This revenue increase was due to organic growth as the Company's last acquisition was in early 2006. Third quarter net income increased 13% from $1.4 million in 2006 to $1.6 million in 2007.

Financial Performance Highlights

Balance sheet:

--  Stockholders' equity increased 29% from same quarter last year ($53.3
    v. $41.3m)
--  Stockholders' equity increased 18% year-to-date ($53.3 v. $45.2m)
--  Working capital increased 250% from same quarter last year ($17.8 v.
    $5.1)
--  Total assets increased 15% from same quarter last year ($72.5 v.
    $62.8)
    

Statement of Operations:

--  Revenue for 3rd quarter 2007 increased 24% from 3rd quarter 2006
    ($23.4m v. $18.9m)
--  Revenue for first 9 months 2007 increased 19% from first 9 months 2006
    ($63.5m v. $53.2m)
--  Operating expense percentage decreased, 14% of sales in 3rd quarter
    2007 v. 23% of sales in 3rd quarter 2006
--  Net income (before currency translation) for 3rd quarter 2007
    increased 13% from 3rd quarter 2006 ($1.6m v. $1.4m)
--  Net income (before currency translation) for first 9 months 2007
    increased 21% from first 9 months 2006 ($2.8m v. $2.3m)
    

Organic Growth; Bottom Line Performance; Issued and Outstanding Stability

"NewMarket continues to mature as reflected in the third quarter financial report," said CEO Philip M. Verges. "The Company has experienced tremendous five year revenue growth from less than $1 million in 2002 to $77.6 million through 2006 with our top line continuing to grow aggressively in 2007. Organic sales are accounting for a larger percentage of current growth than in the past five years. NewMarket has not made an acquisition in almost two years. Our bottom line growth also continues to improve each quarter compared to the same period the previous year. After using the Company's stock as a currency to acquire operating assets supporting the reported dramatic growth, the company's capital structure is now stabilizing and the shares outstanding count growth has slowed appreciably. The increase in issued and outstanding stock between the second and the third quarter of 2007 was negligible following several previous quarters of increases. NewMarket organic growth, bottom line performance and capital structure stability will remain as top priorities in the company's continuing maturation."

Third Quarter Earnings Webcast and Recent Letter to Shareholders

NewMarket Technology management will be conducting a webcast on Monday, November 19, 2007 at 4:30 pm EST to review the Company's 3rd quarter financial performance, including results for NewMarket China, Inc. (OTCBB: NMCH) and updates on the Company's Latin American operations that are being consolidated into NewMarket Latin America, Inc. (PINKSHEETS: NLAI). Log on details for the webcast are available on www.newmarkettechnology.com on the home page under "Current Events" or can be accessed at http://biz.yahoo.com/cc/3/87613.html.

Separately, NewMarket CEO Philip M. Verges recently released a letter to shareholders addressing the Company's corporate maturation and continued growth, emerging market growth strategy and 2008 early outlook. The letter can be read in its entirety at: http://biz.yahoo.com/iw/071113/0328052.html.

To be added to NewMarket's corporate e-mail list for shareholders and interested investors, please send an e-mail to ir@newmarkettechnology.com

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, Oracle, 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. Some emerging technology solutions NewMarket provides include VoIP, Broadband Wireless and Security.

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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