SOURCE: NewMarket Latin America

March 27, 2008 09:39 ET

NewMarket Latin America, Inc. Announces RKM IT Solutions' Sale of Microsoft License to Banco Real, Banco de Desarrollo, C.A.

CEO Recently Interviewed on Wallst.net Discussing $30 Million Revenue Goal for 2008 and More Than $20 Million in Profitable Revenue From Operations in 2007

DALLAS, TX--(Marketwire - March 27, 2008) - NewMarket Latin America, Inc. (PINKSHEETS: NLAI) today announced that RKM IT Solutions (RKM) has completed the sale of a corporate Microsoft License for Servers and Workstations to Banco Real, Banco de Desarrollo, C.A. of Venezuela under RKM's Microsoft Large Account Reseller and Enterprise Software Advisor (LAR/ESA) partner status. The entire revenue for the licensing will be realized in the first quarter of 2008. RKM's Microsoft sales increased 345% in their region last year over the same period in the prior year due in part to the company's recent upgrade to LAR/ESA partner status from Gold Partner. The period tracked was from July 2007 to December 2007 compared to July 2006 to December 2006. Additionally, RKM exceeded their Microsoft sales quota by 159% from July to September 2007, and by 287% from October to December 2007.

Banco Real (www.bancoreal.com.ve) is a development bank focused on micro, small and medium sized businesses. Banco Real has more than 7,000 accounts and 4,000 open lines of credit.

RKM's Microsoft Partner Upgrade

In 2007, RKM's Microsoft partner status was upgraded to a LAR/ESA from Gold Partner. LAR/ESA Partners significantly expand Microsoft's reach both geographically and to the rapidly growing category of Mid-Market and corporate customers. This recent partnership allows RKM to significantly extend its existing Microsoft Gold partnership to offer high volume licensing, specifically "Enterprise Agreement" (EA) and "Select" for companies with more than 250 PCs and support services to large enterprise and institutional customers. Prior to their selection to the LAR/ESA Partner program, RKM has been a Microsoft Gold Partner since 2001, winning the 2003 Microsoft Infrastructure Solution of the Year award in Venezuela.

NewMarket Latin America and RKM

NewMarket Latin America is in the process of consolidating RKM into the Company and being brought current with its reporting requirements in order to move back to the OTCBB. NewMarket Latin America is a U.S.-based company headquartered in Sao Paulo, Brazil, with operations being consolidated into the Company throughout Latin America, to make it a premier business intelligence and systems integration firm, representing technologies from leaders such as Microsoft and Oracle, which recently acquired Hyperion.

CEO Aubrey Brown Recently Interviewed by Wallst.net

Company CEO Aubrey Brown interviewed with WallSt.net Friday, February 29. In the interview, Mr. Brown discussed the company's business plan to report an anticipated $30 million in profitable revenue in 2008. Aubrey Brown is the president of a company headquartered in Sao Paulo, Brazil, with operations in Chile and throughout South America that achieved over $20 million in revenue in 2007. Additionally, organic sales growth for that company has exceeded 20% annually for the last two years. Mr. Brown is currently managing the consolidation of that company into NewMarket Latin America and anticipates completing that consolidation shortly after completing an audit of the operations to be consolidated. That audit is underway and scheduled to be completed by March 31, 2008.

To hear the interview in its entirety, go to http://www.wallst.net/audio/audio.php?ticker=NLAI&id=4533.

Company Updates and Information

To be added to NewMarket Latin America's e-mail database for shareholders and interested investors or to receive information on the company, please send an e-mail to ir@newmarketlatinamerica.com.

About RKM IT Solutions (www.rkmve.com)

RKMis a sixteen-year-old systems integration and IT outsourcing services firm recognized in Venezuela and throughout northern South America as a leading provider of mission critical voice, data and video network solutions, as well as systems integration and help desk support. Clients include the Top 50 international corporations in the country, as well as a strong presence in the Oil and Gas, Banking and Manufacturing industry.

RKM is also a regionally certified partner for Cisco Systems, Novell, Computer Associates, IBM, Hewlett-Packard, Systimax and Microsoft. RKM was awarded the 2003 Microsoft Infrastructure Solution of the Year in Venezuela and has been recognized as a Microsoft Gold Partner and now a Microsoft LAR/ESA partner.

The company is expanding its system integration and IT outsourcing services in the Caribbean, Colombia, Ecuador, Peru and Mexico.

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 deliver solutions to regional customers in addition to specializing in helping US 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 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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