SOURCE: NewMarket Technology, Inc.

November 13, 2008 09:56 ET

NewMarket Technology, Inc. Announces Encouraging 4th Quarter Sales Progress While Management Remains Vigilant Monitoring the Current Global Economic Conditions

DALLAS, TX--(Marketwire - November 13, 2008) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) today announced continued strong 4th quarter sales progress. Due to current global economic concerns, the Company previously announced proactive measures to defend against possible challenges that could be presented by the current global economic environment. However, management anticipates that the pending 3rd quarter financial report will demonstrate continued revenue and net income growth and that to date; 4th quarter sales remain strong.

"NewMarket is on track to report record sales in 2008," said Philip Verges, NewMarket CEO. "At this stage, we are confident that NewMarket will report the highest annual revenue in its history for 2008. We are delighted that the Company's sales remain strong despite the dismal global economy. Nevertheless, we cannot expect the Company to remain insulated from the global economy. We may be fortunate and finish 2008 without experiencing a significant impact from the prevailing economy. However, the Company will probably have to deal with one or more issues that may arise from the global economic concerns. While the financial media has made us all accustomed to considering corporate operations in three-month segments, we remain focused on a longer term view. We expect NewMarket to have a record sales year in 2008, but we continue to look ahead and plan for 2009 and 2010. We are historically an aggressive growth Company and we do not plan to stop our aggressive growth plans, but our strategy as to how we achieve aggressive growth will have to adapt to current economic conditions. In the near future we will be announcing a virtual shareholder annual town hall. At that town hall meeting, we will present our plans for managing continued long-term growth through the likely tumultuous economic conditions ahead of us all over the next year or two."

Third Quarter Financial Webcast

NewMarket management will conduct a Webcast, Friday, November 21 at 12:00 pm EST to review third quarter 2008 financials.

A link to the Webcast is available at the Company's corporate Website Investor Relations page at www.newmarkettechnology.com/investor-relations.htm under "Current Events and Communications." An archive of the Webcast will be available afterwards for review.

Corporate Information and E-mail Updates

To find out more about NewMarket Technology or to be added to NewMarket Technology's e-mail database to receive company updates, please send an e-mail to ir@newmarkettechnology.com or call 214-722-3065.

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 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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