SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

February 03, 2010 10:04 ET

NewMarket Technology, Inc. Anticipates More Than $100 Million in Wi-Fi ODM Contracts for Asian Market in 1st Quarter 2010

DALLAS, TX--(Marketwire - February 3, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) has released a Webcast presentation conducted by newly appointed CEO Bruce Noller. In the Webcast, Mr. Noller announces a 2010 $150 million profitable revenue forecast. The Webcast features the Company's new original design manufacturing (ODM) business established in the fourth quarter of 2009 through a strategic acquisition. The ODM operation is organized under NewMarket's Chinese subsidiary. The ODM operation specializes in the design of custom Wi-Fi products and is anticipated to sign over $100 million in contracts for the Asian market within the first quarter of 2010. The average term of the anticipated contracts is three years and the revenue from the contracts would be recognized over the course of the average three year term. The proprietary technology of NewMarket's Greenfield Partner, NuMobile, Inc. (OTCBB: NUBL) would provide an integral component in the anticipated contracts. In addition to the information already available on the ODM business in Mr. Noller's Webcast released yesterday, the Company plans to release a follow-on Webcast presentation next week dedicated to an overview of the ODM business and anticipated contracts.

Mr. Noller's Webcast, released yesterday and available online for on-demand review, is titled 'NewMarket Forecast 2010 Webcast' and is available here: http://www.newmarkettechnology.com/wcbng_20100202.htm. A link to the Webcast is also available on the homepage and investor relations page of the NewMarket website at www.newmarkettechnology.com.

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About NewMarket Technology, Inc. (www.newmarkettechnology.com)

NewMarket is a reporting company with audited financial reports filed with the SEC. NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.

Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies. NewMarket's rapid growth since 2002 has placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.

"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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