SOURCE: NewMarket Technology, Inc.

September 10, 2007 13:29 ET

NewMarket Technology, Inc. CEO on MN1's Coffey Grinds Discussing Emerging Market Growth and NewMarket's 50% Revenue Increase Forecast in Next Six Months

NewMarket Announced Earlier Today Projected 50% Revenue Increase to $60 Million in Last Six Months of 2007 Compared to $40 Million for First Six Months

DALLAS, TX--(Marketwire - September 10, 2007) - NewMarket Technology, Inc. (OTCBB: NMKT) CEO Philip Verges was interviewed today on Market News First's ( Coffey Grinds program by Andrew Coffey. recently won national attention for their interview of O.J. Simpson which was subsequently picked up by

Mr. Coffey asked Verges about NewMarket's anticipated 50% increase in revenue in the second six months of 2007. Verges attributed the growth to NewMarket's business concentration in global emerging markets. The two discussed NewMarket's involvement in the Brazilian Ethanol market relative to the Wall Street Journal Article today on Ethanol.

Earlier today NewMarket announced an anticipated 50% revenue increase in the second six months of 2007 compared to the first six months of 2007. The Company reported $40 million in profitable revenue through June 30, 2007. Based on historical seasonal performance and current sales progress, management anticipates $60 million in revenue through the end of 2007. NewMarket is on track to potentially realize more than $100 million in annual revenue in 2007.

Over the last three years, NewMarket has reported 37% more revenue in the second half of the year compared to the first half of the year. Based on this average, NewMarket would reach $95 million in annual revenue in 2007. Management indicates the Company can surpass the 37% average increase to reach $100 million in annual revenue this year based on the current sales pipeline.

Second Qtr. 2007 30% Revenue Increase and 26% Net Income Increase

The Company reported $21.9 million in revenue for the second quarter of 2007, reflecting a 30% increase in revenue over the second quarter of 2006. Net income for the second quarter was $606,406, a 26% increase over $481,502 for the same period last year.

2006 55% Revenue Increase and 92% Net Income Increase

NewMarket reported $77.6 million in annual revenue for 2006 reflecting a 55% increase over $50.1 million in 2005. Net income for 2006 was $2.9 million, a 92% increase over $243,000 reported in 2005.

For an archive of the interview please go to

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, 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 Five 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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