SOURCE: NewMarket Latin America

April 29, 2008 09:00 ET

NewMarket Latin America, Inc. Announces RKM IT Solutions' Service Expansion for Molina Agencia de Viajes Increasing Contract Revenue by 295%

DALLAS, TX--(Marketwire - April 29, 2008) - NewMarket Latin America, Inc. (PINKSHEETS: NLAI) today announced that RKM IT Solutions has renewed its annual contract with Molina Agencia de Viajes. Molina is the third largest travel agency in Venezuela, with 29 offices in seven states. Molina has been a client of RKM IT Solutions for six years and has recently called for an expansion of RKM's role with the Company through the increase of RKM's IT Outsourcing services by 295%.

In addition to providing IT Outsourcing services to Molina, RKM also recently sold a Microsoft license to Molina. RKM is a Microsoft Large Account Reseller and Enterprise Software Advisor (LAR/ESA). The Company recently announced a 228% increase in Microsoft sales over the same period in the prior year. The period tracked was the three quarters from July 2007 to March 2008. Additionally, RKM has already surpassed its annual Microsoft sales goal by 78%.

As a LAR/ESA Partner, RKM can 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.

As part of this overall increase in Microsoft partner program sales, RKM recently announced the sale of corporate Microsoft Licenses for Servers and Workstations to Seguros Venezuela, C.A. (www.segurosvenezuela.com) and Banco Real, Banco de Desarrollo, C.A. (www.bancoreal.com.ve).

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 recently with WallSt.net. In the interview, Mr. Brown discussed the company's business plan to report an anticipated $30 million in profitable revenue in 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)

RKM is 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 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 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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