SOURCE: NewMarket Technology, Inc.

April 17, 2008 11:04 ET

NewMarket Technology, Inc. CFO Reviews 2007 20% Revenue Increase to $93.1 Million and 25% Net Income Growth to $7.3 Million in Webcast Yesterday

DALLAS, TX--(Marketwire - April 17, 2008) - NewMarket Technology, Inc. (OTCBB: NMKT) CFO Philip J. Rauch conducted a webcast yesterday to discuss the Company's 2007 financial results filed on SEC Form 10-K. The Company recently reported $93.1 million in revenue, a 20% increase in revenue from organic operational growth over 2006, and $7.3 million in net income, a 25% increase in net income over 2006 before adjustments for foreign currency exchange. An archive of the call can be accessed at "Current Events and Communications" under the NewMarket Investor Relations webpage at

Webcast Highlights

--  Revenue and Net Income growth by quarter from 2003 to 2007
--  Shareholder Equity and Total Asset growth from 2003 to 2007
--  Balance Sheet and Statement of Operations highlights and discussion
--  NewMarket China financial highlights, reporting $40 million in revenue
    for 2007
--  Financial Maturity Roadmap to include continued 20% organic revenue
    growth, focus on improving the bottom line and capital structure stability
--  Breakdown of revenue by region: North America, China, Latin America
    and Singapore
--  Fully Diluted Shares Outstanding
--  Short Term and Long Term Debt
--  Debt Forgiveness and Net Income
--  Recent Registration Statement
--  2007 Revenue Guidance

Financial Report Highlights

--  Cash position up 58% over last year ($5.2m v. $3.3m)
--  Stockholder's equity up 29% from year-end 2006 ($58.3m v. $45.2m)
--  Revenue for 2007 up 20% from 2006 ($93.1m v. $77.6m)
--  Revenue for 4th quarter 2007 up 21% over 4th quarter 2006  ($29.6m v.
--  Gross profit for 2007 up 18% from 2006 ($25.8m v. $21.9m)
--  Net income (before currency translation) for 2007 up 25% from 2006
    ($7.3m v. $5.9m)
--  Net income for 4th quarter 2007 up 28% over 4th quarter 2006 ($4.6m v.

Corporate Overview

A NewMarket Technology Corporate Overview Report is now available on Yahoo! Finance ( under the company's stock chart at "Download Annual Report" or on the NewMarket Investor Relations webpage at under "Corporate Fact Sheets."

The Report features NewMarket's systems integration and emerging technology business and operations in North America, Asia and Latin America. The Company has expanded from approximately $1 million in annual revenue in 2002 to $93.1 million in 2007.

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 or call 214-722-3065.

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 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.


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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