SOURCE: NewMarket Technology, Inc.

November 27, 2007 09:00 ET

NewMarket Technology, Inc. Announces Two Contracts Worth $1.2 Million to Be Recognized in Historically Strong Fourth Quarter

Company to Deliver Application Acceleration Solution to Financial Organization and Billion Dollar Electronics Design Firm

DALLAS, TX--(Marketwire - November 27, 2007) - NewMarket Technology, Inc. (OTCBB: NMKT) announces two new contracts worth $1.2 million in revenue expected to be realized in the fourth quarter of 2007. NewMarket traditionally has experienced very strong sales in the fourth quarter. The Company anticipates these two new contracts to be the first of more contract announcements before the end of the year.

NewMarket will deliver an application acceleration solution to a major financial organization and a billion dollar electronics design company. Both NewMarket clients are headquartered in the San Francisco Bay Area. The clients and the specifics of the solution remain confidential at the clients' request. Both the details of the technology and the intent of its application are proprietary.

Financial Year to Date Information and Relative Percentage Growth Compared to the Previous Year

Nine Months Ended September 30, 2007

The Company reported $63.5 million in revenue for the nine months ended September 30, 2007 and $2.8 million in net income. Year-to-date revenue has increased 19% compared to the same period last year and net income has increased 21%.

Three Months Ended September 30, 2007

Revenue in the third quarter increased 24% from $18.9 million in 2006 to $23.4 million in 2007. This revenue increase was due to organic growth as the Company's last acquisition was in early 2006. Third quarter net income increased 13% from $1.4 million in 2006 to $1.6 million in 2007.

Financial Performance Highlights

Balance sheet:

--  Stockholders' equity increased 29% from same quarter last year ($53.3
    v. $41.3m)
--  Stockholders' equity increased 18% year-to-date ($53.3 v. $45.2m)
--  Working capital increased 250% from same quarter last year ($17.8 v.
--  Total assets increased 15% from same quarter last year ($72.5 v.

Statement of Operations:

--  Revenue for 3rd quarter 2007 increased 24% from 3rd quarter 2006
    ($23.4m v. $18.9m)
--  Revenue for first 9 months 2007 increased 19% from first 9 months 2006
    ($63.5m v. $53.2m)
--  Operating expense percentage decreased, 14% of sales in 3rd quarter
    2007 v. 23% of sales in 3rd quarter 2006
--  Net income (before currency translation) for 3rd quarter 2007
    increased 13% from 3rd quarter 2006 ($1.6m v. $1.4m)
--  Net income (before currency translation) for first 9 months 2007
    increased 21% from first 9 months 2006 ($2.8m v. $2.3m)

NewMarket CEO Interviewed by Wall Street Reporter

NewMarket CEO Philip Verges was interviewed by the Wall Street Reporter on Monday. The interview features NewMarket's growth in emerging markets in conjunction with the upcoming Beijing Olympics and United States Presidential Election. The interview is available at and requires free registration.

About NewMarket Technology, Inc. (

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Oracle, 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. Some emerging technology solutions NewMarket provides include VoIP, Broadband Wireless and Security.

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. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.


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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