SOURCE: NewMarket Technology, Inc.

September 16, 2008 09:30 ET

CEO Radio Network Interviews NewMarket Technology, Inc. CEO Philip Verges Featuring Company's Book Value of $0.29 per Share vs. Recent Close of $0.10 per Share

Micros Report Recently Updated NewMarket Research Report Recommending a Speculative Buy and a Fair Value Target Price of $0.78

DALLAS, TX--(Marketwire - September 16, 2008) - NewMarket Technology, Inc.'s (OTCBB: NMKTE) CEO Philip Verges conducted an interview with John McDermott of CEO Radio Network this morning. The interview highlights the Company's year-to-date progress toward the Company's $120 million 2008 revenue goal and continued financial maturity.

The interview should be available later today and can be accessed at Click on "Company Webcasts" and login or register. Registration is free.

NewMarket Year-To-Date Highlights

--  $25 million in new sales contracts YTD, revenue expected to be
    recognized in Q3 and Q4
--  $43 million revenue and $2 million net income through Q2
--  $120 million profitable revenue for FY '08
--  Increased revenue from North America, to balance sales in China, SE
    Asia and Latin America
--  Managed Services Business rollout
--  $100 Million M&A Pipeline
--  $60 Million under Letter of Intent

Micros Report Update Highlights Price to Book Ratio of only $0.29 Underscoring the Company's Undervalued Nature and Sets Fair Value Target Price of $0.78.

Michael Willingham, Micros Report Director of Research, recently issued an update to his November 2007 research coverage on NewMarket.

Mr. Willingham stated in his recent update, "If the market wakes up to the true value being built in this Company, there will be a significant reversal of fortunes in the share price."

The update emphasizes the Company's book value of $62 million compared to its current market capitalization of only $18 million. NewMarket's fully diluted book value is $0.25 per share and its undiluted book value per share is $0.30, compared to a recent close of merely $0.085 per share. "The Company's Price-to-Book ratio has become so low, that the discount in the Company's share price seems glaring... It is important to point out that NMKTE currently trades well below its book value. Established firms practically never trade below their intrinsic value. This fact alone should see NMKTE above $0.295 a share which would be exactly 1x book value," Mr. Willingham stated in his update.

The report goes on to assign a Fair Value Target price for NewMarket stock of $0.78 per share: "This $0.78 fair value estimate is assigned based upon what NMKTE has already achieved as a company in regards to their historical profitability, historical revenue, and future projections. Based upon the past five years' results, the future growth of the company has a high probability of continuing. If the company can continue to grow revenue and profits both organically and through acquisitions while keeping the outstanding shares in check, even higher stock prices should be expected in the future."

Interested parties may contact to receive a copy of the report.

Corporate E-mail Updates

To be added to NewMarket Technology's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to or call 214-722-3065.

About The CEO Radio Network (

The CEO Radio Network is a premier, interactive research tool which provides our listeners the opportunity to hear the latest corporate and business news first hand, directly from the source -- the decision makers of publicly-traded companies. The goal of the CEO Radio Network is to level the playing field for both the small-cap issuer and the small-cap investor at the same time. Our online services allow the small and micro-cap issuers access to high quality distribution, while investors are provided with an additional communication directly from the source. The CEO Radio Network provides links to supplementary corporate resources, including SEC filings. Our ASK THE CEO section allows registered users to submit questions which will be directed toward the management of our Featured Companies.

About NewMarket Technology, Inc. (

NewMarket (OTCBB: NMKTE), previously under NMKT (OTCBB: NMKT), 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.

Contact Information