SOURCE: NewMarket China, Inc.

April 30, 2008 11:59 ET

NewMarket China, Inc. to Launch New Lines of Business in 2008, Augmenting Existing Technology Service Offerings and Increasing Total Revenue Beyond Current Forecast

Company to Present Strategic Plan Update in Webcast May 14 Detailing Expansion Plans and Time Frames for Anticipated Revenue and Net Income Increases

DALLAS, TX--(Marketwire - April 30, 2008) - NewMarket China, Inc. (OTCBB: NMCH) today announced plans to expand current operations into new lines of business. The Company currently provides a wide range of technology services to include hardware and software sales, support and customization. The Company has already expanded its software development services outside of China and signed initial contracts in North America. In a Webcast scheduled for 4:30 pm EDT on May 14, 2008, management will unveil plans to launch additional lines of business, to include details on anticipated revenue and net income increases resulting from the new business lines.

A link to the Webcast will be available at http://www.investorcalendar.com/IC/CEPage.asp?ID=127668.

Also available at this link is an archive to the recent Webcast reviewing 2007 operational and financial results conducted by the Company CEO and CFO. Highlights of that Webcast include:

Operational Highlights

--  NewMarket China is a 3-year-old, U.S.-based technology company with
    operations in China, primarily Shanghai, Ningbo and Hangzhou
--  Incorporated in 2005 and began trading on the OTCBB in October 2006
    through a reverse merger
--  Robust systems integration business with an initial focus on
    computer hardware, expanding into higher margin products and
    services
--  VAR of recognized brands such as IBM, HP, Canon, Hitachi, Olympus,
    Sony and Epson
--  Focus on building software outsourcing to customers in North America
    and Latin America
--  Established working relationships with government agencies Torch
    and SMIA
--  Operating in region with one of the fastest growing GDPs in China
    with plans to expand to beyond this region
    

2007 Financial Highlights

--  Revenue for 2007 up 36% from 2006 ($40.0m v. $29.5m)
--  Net income (before currency translation) for 2007 up 83% from 2006
    ($991k v. $542k)
--  Stockholders' equity up 55% from year-end 2006 ($2.6m v. $1.7m)
--  Gross profit for 2007 up 41% from 2006 ($1.8m v. $1.3m)
--  Cash position up 27% over last year ($1.5m v. $1.2m)
--  Cash flow from operations for 2007 was up 97% from 2006
    ($840k v $427k)
    

2008 Company Outlook

The Company has set its 2008 revenue goal at $50 Million. NewMarket China expects to increase revenue and profitability during 2008 through execution of an aggressive acquisition plan, as well as continued organic business growth through its existing operating entities.

Corporate Communications and Fact Sheet

If you would like to receive email updates on the company or a corporate fact sheet highlighting the Company's operations, business plan and technology partners, please send an e-mail to ir@newmarketchina.com.

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

NewMarket China, Inc. is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.

Headquartered in Dallas with operations in Shanghai and Beijing, NewMarket China bridges the gap between Western and Eastern business cultures to assist western clients in realizing the advantages of the high quality, low cost technology products and services available from China. NewMarket China also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into 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'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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