SOURCE: NewMarket Technology, Inc.

July 09, 2008 08:39 ET

NewMarket Technology, Inc. Announces 235% Increase in Annual Microsoft Sales at Microsoft Worldwide Partner Conference in Houston, Texas

Company Moves Into Managed Services, Recently Announcing $4 Million Landmark Microsoft Contract With Movistar, a Division of Telefonica

DALLAS, TX--(Marketwire - July 9, 2008) - NewMarket Technology, Inc. (OTCBB: NMKT) today announced a 235% increase in Microsoft sales over the previous fiscal year. After reporting just $1 million in 2002, the Company reported $93.1 million in revenue in 2007 with net income of $7.3 million. NewMarket has moved into Managed Services as part of its overall strategy to sustain continued rapid organic growth. In 2006, NewMarket was ranked as the 5th fastest growing company in North America in the Deloitte Fast 500 and in 2007 the Company made the list again, ranking 21st. In 2004, NewMarket launched operations in South America by purchasing RKM IT Solutions in Venezuela. 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 IT Solutions' 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 IT Solutions 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.

NewMarket Technology Managed Services Rollout

NewMarket recently announced the launch of its Managed Services business. The Managed Services business was explained in detail in a PowerPoint Webcast (http://biz.yahoo.com/cc/4/93884.html). The objective of NewMarket's Managed Services strategy is to improve the Company's value by extending the average length of customer contracts and improving the efficiency of regional operations through the consolidation of back office functions. By transitioning the current business into managed services, NewMarket expects to grow sales more rapidly from a strong foundation and enjoy an improved valuation in the market.

Corporate E-mail Updates

To be added to NewMarket Technology's e-mail database to receive company updates, please send an e-mail to ir@newmarkettechnology.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.

"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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