SOURCE: NewMarket Latin America

July 09, 2008 09:17 ET

NewMarket Latin America, Inc. Announces RKM IT Solutions' Microsoft Annual Sales Increase of 235%

Company Invited to Participate in Microsoft Worldwide Partner Conference After Recently Announcing $4 Million Landmark Microsoft Contract With Movistar, a Division of Telefonica

DALLAS, TX--(Marketwire - July 9, 2008) - NewMarket Latin America, Inc. (PINKSHEETS: NLAI) today announced that RKM IT Solutions reported a 235% increase in Microsoft sales over the previous fiscal year.

In 2004, NewMarket Technology, Inc. launched operations in South America by purchasing RKM IT Solutions in Venezuela. NewMarket Technology is consolidating RKM and additional operations in South America into NewMarket Latin America.

Today, RKM is fourth largest Microsoft Large Account Reseller (LAR) in Venezuela. As of June 27, 2008 RKM reported an overall Microsoft sales increase of 235.78% over the previous fiscal year. RKM is a LAR and Enterprise Software Advisor (ESA) in South America. Mid-Market and corporate customers in Latin America seek out the services of LAR/ESAs when implementing large Microsoft-based IT projects. Through this partnership with Microsoft, RKM offers high volume licensing, specifically "Enterprise Agreement" (EA) and "Select" for companies with more than 250 PCs and support services to large enterprises and institutional customers.

Invitation to Participate in Microsoft Worldwide Partner Conference

As a result of RKM's strong Microsoft sales the Company was invited to participate in Microsoft's Annual Worldwide Partner Conference July 7-10 in Houston, Texas. The Conference, features keynote presentations from Microsoft CEO Steven Ballmer, COO Kevin Turner as well as Nobel Laureate Muhammad Yunus, founder of the Grameen Bank, while providing an opportunity for attendees to learn more about Microsoft's product innovations and business growth opportunities.

RKM 's Samuel Gamarra stated, "We are honored to participate in Microsoft's Annual Worldwide Partner Conference. Providing Microsoft services to our customers has been an instrumental part of our growth to date. We are excited about exploring Microsoft's next generation of innovative technologies and the competitive edge they will help us deliver to our customers. Additionally, expanding our service offerings will aid us in our move towards long-term managed services contracts, positioning us for continued expansion."

$4 Million Managed Services Contract With Movistar

RKM was recently awarded a $4 million, three-year managed services contract with Movistar, a division of Telefonica, a major mobile phone provider in Latin America and Spain. Over the next three years, RKM will provide Microsoft Licensing and managed services to Movistar. The NewMarket family of companies is focused on turning short-term, project-based contracts into long-term managed services contracts to support their recurring revenue business.

Corporate E-mail Updates

To be added to NewMarket Latin America's's e-mail database to receive company updates, please send an e-mail to ir@newmarketlatinamerica.com.

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

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.

NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include Latin America, China and Singapore.

NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005.

The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.

About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)

NewMarket Latin America provides world-class systems integration services through relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and many more. NewMarket Latin America has major customers in various sectors such as Oil and Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries.

NewMarket Latin America delivers solutions to regional customers in addition to specializing in helping U.S. clients expand their businesses and operations into one of the fastest growing economic regions in the world. NewMarket Latin America has offices and operations throughout Latin America.

NewMarket Latin America also identifies emerging technologies developed within the region and brings those latest technologies to market worldwide. These innovations help clients grow their businesses and gain a new competitive advantage.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This communication contains forward-looking statements that involve risks and uncertainties. The statements in this communication 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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