SOURCE: NewMarket China, Inc.

April 12, 2007 09:18 ET

NewMarket China, Inc. Announces Joint Services Contract With Daysview Digital Image Studio Ltd., Expanding Offshore Video & Online Gaming Capabilities

NewMarket China Plans Continued Rapid Growth With 100% Revenue Increase for 2007 to $40 Million

DALLAS, TX -- (MARKET WIRE) -- April 12, 2007 -- NewMarket China, Inc. (OTCBB: NMCH), the China regional subsidiary of NewMarket Technology, Inc. (OTCBB: NMKT), announced today a contract with Daysview Digital Image Studio Ltd. of Beijing, China. Daysview is a leader in movie and television show post-production, media packaging and game and movie prologues. Founded in 1997, Daysview has won numerous awards including "Best Visual Effects" from the China Digital Art Committee.

NewMarket China and Daysview have entered into a two-year contract to cooperatively provide multimedia outsourcing services to customers in North America and beyond. Daysview is one of the companies currently scheduled to attend the upcoming NewMarket China U.S. Road Show with the Shanghai Multimedia Industry Association (SMIA) scheduled for May 7-16.

Last year, NewMarket Technology completed the independent public listing of its Chinese operations, which expect to report over $20 million in revenue for 2006. NewMarket China has forecasted a 100% increase in revenue in 2007 to $40 million.

Chinese High-Tech Multimedia Tour Across the U.S.

NewMarket China has been engaged by the SMIA to host a U.S. tour to showcase the talents of eight cutting-edge Shanghai-based multimedia companies with a wide array of capabilities, including gaming, digital animation, computer graphic design, architectural renderings and film post production.

The SMIA is a member of the International Federation of Multimedia Associations (FIAM) and is the authority on the multimedia industry in Shanghai, with more than 148 member companies. The SMIA has extended its influence beyond Shanghai by networking with many other government organizations, media outlets and corporations throughout China. Beyond China, the SMIA has membership in associations and organizations in more than ten countries. Specific events on the upcoming tour include:

San Francisco
Wednesday, May 9
San Francisco Marriott
6:00 pm (PDT)

Los Angeles
Friday, May 11
Skirball Cultural Center
6:00 pm (PDT)

Dallas
Monday, May 14
Sambuca Restaurant
6:00 PM (CDT)
If you would like to attend one of these events or meet individually with one of the companies on the tour, contact Kathleen Marks at kmarks@newmarketchina.com or visit the company website at www.newmarketchina.com.

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

About the Shanghai Multimedia Industry Association (www.smia.org.cn):

The Shanghai Multimedia Industry Association (SMIA) is one of 12 associations established in Shanghai after China joined the WTO. It is a non-profit organization made up of corporations and individuals engaged in production, manufacture, research and other activities in the multimedia industry. SMIA has set up a broad network with associations and organizations in more than 10 countries and close relationships with organizations, government, media and corporations throughout China. By organizing activities and maintaining a public platform for the Multimedia Industry in Shanghai, the SMIA helps members promote their products and services so as to improve their competitive ability in the domestic and overseas markets.

The SMIA works to standardize its industry in an effort to build a better business environment for multimedia services in Shanghai. The SMIA acts as an advocate for the industry building awareness both domestically and abroad. The SMIA currently has over 148 member companies focusing on Computer Graphics, Game Development, Digital animation and film, after effect, VOD, e-learning and multimedia terminal industry. They have also developed 5 branch organizations to emphasize their focus in key segments of the industry: Shanghai Game Developer Association (SGDA), Shanghai Architectural Visualization Committee (SAVC), Shanghai Exhibition Committee (SEC), Shanghai Computer Graphics Committee (SCGC) and Digitalization of Chinese Traditional Culture Committee (DCTCC).

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 to include Microsoft, Cisco Systems, SAP, Siebel, Oracle and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire undiscovered 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 global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends. NewMarket ranked Number Five 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.

About NewMarket China, Inc. (www.newmarketchina.com)

NewMarket China, Inc. is a leader in the rapidly developing Chinese software engineering market providing high quality outsourcing services to global customers. In addition, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market. NewMarket China has established and continues to grow a highly capable network of Chinese IT Service partners providing domain expertise in telecommunications, multimedia, ERP and finance. Headquartered in Shanghai, NewMarket China bridges the gap between Western and Eastern business cultures to realize the advantages of the high quality, low cost technology products and services available in China. In doing so, the firm assists its clients in overcoming the challenge of taking a business global. NewMarket China comprehends the differences in business processes, communications and cultures between the United States and China, and provides its clients with an established partner who provides a winning environment for global relationships and transactions. While most firms see China as merely a cost saving alternative, NewMarket China recognizes that China represents a huge growth opportunity for its customers and supports them in localizing their products and services, and in identifying complementary revenue streams within the Chinese Market.

"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 China'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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