SOURCE: NewMarket Latin America

August 18, 2008 09:15 ET

NewMarket Latin America, Inc. Releases YTD Financial Performance Update With Revenue and Bottom Line on Track to Meet $30 Million Profitable Revenue Forecast

Company to Conduct Earnings Webcast Tomorrow at 4:15 PM EDT to Review Continued Rapid Growth and Recent Microsoft and Oracle Projects

DALLAS, TX--(Marketwire - August 18, 2008) - NewMarket Latin America, Inc. (PINKSHEETS: NLAI) today released an update on YTD revenue and net income for the operations in Brazil, Chile and Venezuela that are planned to be consolidated into the Company. Overall, the operations have reported $12.6 million in revenue YTD with $528,600 in net income. The operations in Latin America that are scheduled to be consolidated into NewMarket Latin America are leading Microsoft and Oracle partners in the region and have seen substantial growth from these partnerships over the past year.

NewMarket Latin America is a systems integrator and technology managed services provider for Latin America with headquarters in North America. The Company also identifies emerging technologies with the intent of bringing promising technologies to market worldwide. NewMarket Latin America is in the process of being reorganized and is consolidating operations in Brazil, Chile and Venezuela into the Company. The Company has forecasted $30 million in profitable revenue for 2008.

Some Recent Microsoft and Oracle Projects with Duke Energy, L'Oreal, and More

NewMarket Latin America, Inc. Announces UniOne's Oracle Hyperion Project With Duke Energy Brazil

NewMarket Latin America, Inc.'s UniOne Completes Oracle Siebel CRM Implementation for L'Oreal Brazil

NewMarket Latin America, Inc.'s UniOne Announces Oracle Contract With Multi-Billion Dollar Obrascon Huarte Lain, S.A.

NewMarket Latin America, Inc.'s UniOne Consulting Implements Oracle's BIEE for Brazilian Distribuidora de Medicamentos Santa Cruz

NewMarket Latin America, Inc. Announces UniOne Consulting's Multi-Continent Contract With $10 Billion Global Mining Leader Anglo American

NewMarket Latin America, Inc. Announces UniOne's Completion of Oracle's Hyperion Business Intelligence Implementation for Movistar

NewMarket Latin America, Inc. Announces UniOne Oracle Project Highlights for ING Chile

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

NewMarket Latin America, Inc. Announces RKM IT Solutions' Multi-Year Microsoft Enterprise Agreement With Electricidad de Caracas

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

YTD Financial Review Webcast Scheduled for Tomorrow at 4:15 pm EDT

Management will conduct an audio Webcast tomorrow, August 19, 2008 at 4:15 p.m. EDT to discuss continued revenue growth, focus on managed services and continued regional expansion. NewMarket Latin America is in the process of being reorganized and is consolidating operations in Brazil, Chile and Venezuela into the Company.

A link to the Webcast will be available prior to the event on the Company's corporate Website Investor Relations page (http://www.newmarkettechnology.com/investor-relations.htm) under "Current Events and Communications."

Corporate E-mail Updates

To be added to NewMarket Latin America's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir@newmarketlatinamerica.com or call 214-722-3065.

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 Latin America'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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