SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

September 23, 2010 10:06 ET

NewMarket Greenfield Partners Savanna East Africa, China Crescent and NuMobile Highlight Africa and China Cooperative Economic Developments Benefiting Greenfield Business Development

DALLAS, TX--(Marketwire - September 23, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT)(OTCQB: NWMT) Greenfield Partnership Program participants Savanna East Africa, Inc. (PINKSHEETS: NVAE)(OTCQB: NVAE) and China Crescent Enterprises, Inc. (OTCBB: CCTR) have partnered to market and deliver high quality, affordable technology products and solutions from China into the growing technology market of East Africa. The companies view the partnership as a natural fit which is strengthened by China's recent interest in Africa as a target for expansion. Recent reports indicate that in the past 10 years, China has increased its investment in Africa nearly ten-fold to $90 billion. According to the IMF, 12 of the top 28 fastest growing economies by GDP in the world are in Africa, making it a prime target for the Greenfield Partners and their high growth, emerging market strategy. For example, China crescent recently announced that its original design manufacturing (ODM) subsidiary, Shenzhen Newbao Technology Co. Ltd., completed the sale of its proprietary GPS tracking devices to a confidential ICT systems integration firm headquartered in Nairobi, Kenya.

Savanna East Africa has also partnered with NuMobile, Inc. (OTCBB: NUBLD) on a wireless, real-time utilities metering initiative in East Africa. Savanna recently announced plans to demonstrate the project's capabilities during a trade mission to Kenya next month. In addition to the wireless metering project, Savanna is also working with NuMobile on a mobile wallet application.

NewMarket Greenfield Partnership Program

NewMarket launched the Greenfield Program last year to facilitate the start-up and early stage development of high-growth potential businesses. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America. 

To learn more about the Greenfield Partnership Program, please review a recent Benchmark Report issued by the program available for on-demand review here: http://www.newmarkettechnology.com/wcgf_20100917.htm

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About NewMarket Technology, Inc. (www.newmarkettechnology.com)

NewMarket Technology is a global small business incubator. NewMarket's current portfolio of operations provides systems integration, technology infrastructure services and emerging technology. NewMarket's operations strategically focus on providing technology and support services in emerging and developing economies with high growth rate potential where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Africa, Brazil and Northern Latin America. Overall, NewMarket reported over $95 million in revenue for 2008 and reported over $98 million in profitable revenue for 2009.

NewMarket's operations provide services and support for both brand-name technologies, such as Microsoft, as well as emerging technologies ranging from mobile computing to various security and wireless broadband technologies. NewMarket's rapid growth since 2002 placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.

"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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