SOURCE: NewMarket China, Inc.

April 29, 2008 13:37 ET

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

Company Reported 2007 36% Revenue Increase to $40 Million and 83% Net Income Increase Over 2006

DALLAS, TX--(Marketwire - April 29, 2008) - NewMarket China, Inc. (OTCBB: NMCH) today announced the Company has scheduled a Webcast for 4:30 pm EDT on May 14, 2008 to present a strategic plan update. The company recently announced plans to continue growth to $50 million in 2008 revenue with improving fundamental financials through the continued growth of its established operations in China, and through potential acquisitions. The Company is actively seeking acquisition candidates in both China and North America. Additionally, NewMarket China recently announced launching sales initiatives in Latin America (http://biz.yahoo.com/iw/080428/0390970.html). The sales efforts, which have been launched in Brazil and Chile, are intended to augment the Company's 2008 revenue goal of $50 million. The Company has already established software service sales to clients in North America. NewMarket China's services are competitively priced and the Company anticipates gaining sales traction quickly within the burgeoning South American economy.

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.

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 and email 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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