SOURCE: NewMarket China, Inc.

March 27, 2008 09:14 ET

NewMarket China, Inc. Schedules Earnings Webcast for Wednesday, April 9, 2008 at 5:00 PM EDT to Review Anticipated $40 Million in Revenue for 2007

Company Anticipates Strong Annual Report and Continued Momentum Towards 2008 Revenue Goal of Profitable $50 Million

DALLAS, TX--(Marketwire - March 27, 2008) - NewMarket China, Inc. (OTCBB: NMCH) today announced John T. Verges, CEO, and Philip J. Rauch, CFO, will conduct an audio Webcast on Wednesday, April 9, 2008 at 5:00 p.m. EDT to discuss the Company's 2007 annual report. NewMarket China anticipates 2007 revenues of $40 million.

The call is being Webcast by Vcall and can be accessed at A recording of the call will be available after April 9th for review for at least thirty days.

NewMarket China is a U.S. corporation headquartered in Shanghai with operations in China. The Company is a reseller and systems integrator of brand name technology products and software, in addition to providing software outsourcing to China from the United States.

25% Forecasted 2008 Growth to Profitable $50 Million in Revenue

NewMarket China recently announced a 2008 forecast anticipating twenty-five percent growth to $50 million in profitable revenue. The anticipated revenue increase is based on expected organic growth from current operations. Management is considering acquisition opportunities as well as investments to increase sales in North America, fulfilled from its Chinese operations. Any potential revenue from prospective acquisitions will be added to the 2008 forecast after any acquisition is completed.

Corporate Overview Now Available on Yahoo! Finance

A NewMarket China Corporate Overview Report is now available on Yahoo! Finance. The report features NewMarket China's rapid growth from zero to nearly $40 million in annual revenue in just three years in addition to an overview of the Company's services, locations, subsidiaries, technology partners and management. An updated Corporate Overview, to include 2007 financial and operational results, will be available after the Company files its 2007 annual report.

To request a copy of the report, please go to and click "Download Annual Report" under the company's stock chart. A copy of the report is also available by contacting Investor Relations at

Recent Analyst Report with Fair Target Value of $0.83

Research coverage of NewMarket China was recently initiated by Micros Report Director of Research Michael Willingham who states, "With three years of operational history in mainland China and roughly $90 million in aggregate revenues, NewMarket China is an interesting young company that is proving its high growth business model in a high growth geographic area. The company was formed in 2005, setting its sights on the technology industry and the upshot potential in China specifically."

The report is available in its entirety at:

Corporate Email Updates

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

About NewMarket China, Inc. (

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.


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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