SOURCE: NewMarket China, Inc.

May 13, 2008 09:55 ET

NewMarket China, Inc. Releases Position Paper to Communicate Global Small Business Economic Vision Prior to Strategic Plan Update Webcast Scheduled for May 14, 2008 at 4:30 PM EDT

Paper Highlights Ongoing Success of Small Business in a Big Business Culture and the Social, Political and Economic Role of Small Business in the Future

DALLAS, TX--(Marketwire - May 13, 2008) - NewMarket China, Inc. (OTCBB: NMCH) today released a position paper to communicate a vision for the role of small business in the global economy. The paper was written by Philip Verges, a Company founder and current board member. The paper illustrates the challenges faced by small business in a big business culture, even though the small business sector contributes more jobs to the global economy and represents a larger percentage of the global gross domestic product than big business. The paper points out the current proliferation of small business public markets around the world as an early sign of the major social, political and economic role to be played by small business in the future.

The release of the position paper titled "It's a Small Business World After All" has been timed to coincide with the strategic plan update Webcast scheduled for tomorrow.

Strategic Plan Update Webcast Scheduled for May 14, 2008 at 4:30 PM EDT

The Company has scheduled a Webcast for 4:30 PM EDT on May 14, 2008 to present a strategic plan update. A link to the Webcast is available at http://www.investorcalendar.com/IC/CEPage.asp?ID=127668. An archive of the Webcast will be available afterward for review.

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.

"It's a Small Business World After All"

The position paper is available by contacting Investor Relations at ir@newmarketchina.com or 214-722-3065.

China Crescent Enterprises, Inc.

The Company recently announced plans to change its corporate name to China Crescent Enterprises, Inc. The name change is part of a company-wide strategic update. NewMarket China reported a 36% revenue increase over 2006 from organic sales in 2007 to $40 million with an 83% net income increase. NewMarket China has previously announced a forecasted increase in revenue to $50 million for 2008.

Corporate Information and E-mail Updates

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

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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