SOURCE: NewMarket Technology, Inc.

June 08, 2007 09:47 ET

NewMarket Technology, Inc., First Independently Listed Subsidiary NewMarket China, Inc. Rated 'Speculative Buy' With Target Price of $1.10 by Beacon Equity Research

NewMarket China, Inc. CEO to Appear Live on's "Coffey Grinds" Today at 10:30 AM EDT

DALLAS, TX--(Marketwire - June 8, 2007) - NewMarket Technology, Inc. (OTCBB: NMKT) today announced that its first independently listed subsidiary, NewMarket China, Inc. (OTCBB: NMCH) this week was rated by Beacon Equity Research as a "Speculative Buy" with a target price per share of $1.10.

NewMarket China Beacon Equity Research Report with $1.10 Target Price

In the fourth quarter of 2006, NewMarket Technology reorganized its previously existing Chinese business operation into the publicly listed NewMarket China. Recently, the company filed its first annual report following the reorganization, reporting $29.5 million in revenue with a profit for fiscal year 2006. NewMarket China has also set 2007 revenue goals of $40 million.

The NewMarket China research report can be found in its entirety at

NewMarket Technology Research Report with Target Price of $0.88 and Rating of "Outperform"

NewMarket Technology was also recently reviewed by Beacon Equity Research and rated "Outperform" with a target price per share of $0.88. The NewMarket report highlights the Company's rapid growth to $77.6 million in revenues and $4 million in net income for 2006. NewMarket Technology has forecasted revenue for 2007 of $120 million.

The NewMarket Technology research report can also be found at

CEO of NewMarket China to Appear Live Today on MN1

John T. Verges, CEO of NewMarket China, will be featured live on Market News First ( for an exclusive interview with Andrew Coffey of "Coffey Grinds." The interview is scheduled for this morning, June 8, 2007, at 10:30 AM EDT. During the interview, Mr. Verges will discuss NewMarket China's business plans and recent events.

Strategy to Independently List Subsidiaries and Issue Stock Dividends

The independent listing of NewMarket subsidiaries is an integral part of the Company's overall growth strategy and central to NewMarket's plan to enhance shareholder value. NewMarket independently listed subsidiaries can utilize their own public stock to acquire and fund further emerging technology growth without relying on NewMarket stock for financing the growth. Concurrently, NewMarket's financial performance benefits from the rapid growth of consolidated self-funding subsidiaries. Significantly, NewMarket shareholders can monetize the investment that NewMarket has made in its subsidiaries' assets after NewMarket distributes stock in the independently listed subsidiary operations to NewMarket shareholders through dividend distributions.

NewMarket also recently announced the completion of a transaction with Paragon Financial Corp. to effectively list NewMarket's Latin America operations, which are expected to report over $30 million in 2007 profitable revenue. The corporate name and ticker have been changed to NewMarket Latin America, Inc. (PINKSHEETS: NLAI) with plans to list on the OTCBB.

Rapid Revenue Growth Noted by Deloitte and Touche Award

NewMarket Technology ranked fifth on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. This is the third consecutive year that NewMarket has been ranked on Deloitte's Technology Fast 500. NewMarket Technology continues to maintain a rapid growth rate and has forecasted $120 million in profitable revenue in 2007.

To be added to NewMarket's corporate e-mail list for shareholders and interested investors, please send an e-mail to

About NewMarket China, Inc. (

NewMarket China, Inc. is a leader in the rapidly developing Chinese software engineering market providing high quality software development and digital multimedia outsourcing services to global customers. In addition, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.

Headquartered in Shanghai, NewMarket China bridges the gap between Western and Eastern business cultures to realize the advantages of the high quality, low cost technology products and services available in China. Additionally, while most firms see China as merely a cost saving alternative, NewMarket China recognizes that China represents a huge growth opportunity for its customers and supports them in localizing their products and services and in identifying complementary revenue streams within the Chinese Market.

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 to include Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire undiscovered 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 global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends. 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.


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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