SOURCE: NewMarket Technology, Inc.

August 12, 2008 09:00 ET

NewMarket Technology, Inc. Announces UniOne's Oracle Hyperion Implementation for Duke Energy Brazil

DALLAS, TX--(Marketwire - August 12, 2008) - NewMarket Technology, Inc. (OTCBB: NMKT) today announced UniOne Consulting has signed a contract to implement Oracle's Hyperion Planning for Duke Energy Brazil. Duke Energy Brazil, part of Duke Energy, manages and operates hydroelectric plants installed on the Paranapanema River in the state of Sao Paulo, Brazil. Duke Energy is part of one of the largest electric power companies in the United States and has approximately 4,000 megawatts of electric generation in Latin America.

UniOne's Oracle Project with L'Oreal Brazil

UniOne is one of the top Oracle partners in Latin America with over fourteen years in the information technology business and has recently announced several Oracle projects, to include an Oracle Siebel implementation for L'Oreal Brazil (http://biz.yahoo.com/iw/080807/0422935.html) highlighted on the Oracle website at http://www.oracle.com/customers/snapshots/loreal-brasil-siebel-snapshot.pdf.

UniOne has offices in Brazil and Chile and provides Business Intelligence (BI), Enterprise Resource Planning (ERP), Business Performance Management (BPM), Customer Relationship Management (CRM) and Services Oriented Architecture (SOA) consulting services throughout Latin America. For more information on UniOne, please visit www.unione.com.br.

2008 YTD Sales Webcast

Last week, NewMarket CEO Philip Verges conducted an aftermarket Webcast to review year-to-date sales and progress towards the Company's 2008 $120 million organic revenue forecast. Highlights of the Webcast include:

--  Record sales year-to-date with $25 million in new customer contracts
--  Increase in overall revenue derived from North America
--  Well within reach of $120 million 2008 organic revenue forecast
--  Continued strong growth from Asia and South America
    

The Webcast also includes a review of the Company's progress toward increasing gross margins, reducing operating expenses as a percentage of revenue and improving cash flow. The Webcast has been archived and can be viewed in its entirety at: http://www.investorcalendar.com/IC/CEPage.asp?ID=132965.

Corporate E-mail Updates

To be added to NewMarket Technology's e-mail database to receive company updates or to obtain more information on the Company, 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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