SOURCE: NewMarket Technology, Inc.

October 14, 2008 09:00 ET

NewMarket Technology, Inc. Announces Microsoft Forefront Implementation for 3,000 Workstations for Electricidad de Caracas

DALLAS, TX--(Marketwire - October 14, 2008) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) today announced that RKM IT Solutions (RKM) has signed an agreement to provide Microsoft Forefront to 3,000 workstations for Electricidad de Caracas (http://www.laedc.com.ve/). The Company's Latin American operations previously announced signing a multi-year Microsoft Enterprise Agreement with the electric company (http://biz.yahoo.com/iw/080603/0403262.html). Founded in 1895, Electricidad de Caracas generates, sells and distributes electricity to more than one million residential and commercial customers in the Caracas, Venezuela area.

NewMarket Regional Microsoft Services and Partnership

RKM is the fourth largest Microsoft Large Account Reseller (LAR) in Venezuela, having recently achieved an overall Microsoft sales increase of 235.78% over the previous fiscal year. RKM is also an 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.

Additionally, RKM's President Samuel Gamarra is Vice President of the International Association of Microsoft Certified Partners (IAMCP) Venezuela chapter. IAMCP (www.iamcp.org) is an international organization that represents Microsoft's top partners from around the globe.

Company Updates and Information

To be added to NewMarket Technology's e-mail database for shareholders and interested investors or to receive information on the Company, please send an e-mail to ir@newmarkettechnology.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 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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