SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

February 18, 2010 09:00 ET

NewMarket Technology, Inc. Greenfield Partner Alternet Systems, Inc. Featured in Major News Release From Mobile Commerce Provider Utiba With Over 200 Million Subscribers

Alternet to Be Featured in Greenfield Program Webcast Tuesday, February 23rd

DALLAS, TX--(Marketwire - February 18, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) today announced its Greenfield Partner, Alternet Systems, Inc. (OTCBB: ALYI) has been featured in a major news article released today from mobile commerce provider Utiba Pte. Ltd. Utiba is a leading global supplier of mobile financial transaction platforms for mobile operators and financial institutions, and Utiba's products are successfully deployed across four different continents and over 200 million subscribers. Utiba and Alternet have entered into a joint-venture, Utiba Americas, to deploy a Software as a Service (SaaS) platform in the Americas and the Caribbean region focused on mCommerce and mobile financial services. In the joint-venture, Utiba will contribute its proprietary software, operational and commercial expertise, and experience in managing successful and speedy implementations of mobile financial and payment services. In turn, Alternet will provide local management, technical and marketing resources, regional presence in over 16 countries, and extensive experience providing hosted applications.

Greenfield Program Webcast Tuesday, February 23rd

NewMarket has scheduled a Greenfield Partnership Program on-demand Webcast for release Tuesday, February 23, 2010. In addition to Alternet, the program currently also includes NewMarket's Chinese subsidiary, NuMobile, Inc. (OTCBB: NUBL) and Nova Energy, Inc. (OTCBB: NVAE). The Webcast agenda includes an overview of a $300 million contract pipeline and two anticipated new member companies. The on-demand Webcast will be posted to the NewMarket website www.newmarkettechnology.com, and a link to the Webcast will be published and sent to the NewMarket e-mail database upon release of the Webcast Tuesday.

NewMarket started the Greenfield Partnership Program to accelerate the introduction of new technologies into emerging markets around the world where technology buying is on the rise, while improving return on investment (ROI) potential. Greenfield Program participant companies have been chosen to participate in the partnership program based on their technology and service offerings in conjunction with the emerging geographic markets in which they operate.

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About Utiba Pte Ltd. (www.utiba.com)

Utiba was founded in 2001 with the objective of creating scalable electronic top-up and versatile mobile commerce ecosystems, where users should be able to remit amounts to anyone anywhere in the world, knowing only their mobile phone number. Utiba products are focused around providing mobile transaction and payment solutions to banks, mobile operators, micro finance institutions, and payment service providers. Utiba's products are successfully deployed across 4 different continents and 200 million subscribers. For details, please visit www.utiba.com.

About Alternet Systems Inc. (www.alternetsystems.com)

Alternet Systems Inc., (OTCBB: ALYI) a US corporation headquartered in Miami, Florida, is a leading enabler of Mobile Commerce services in the Americas and Caribbean. Alternet has regional presences in 16 countries throughout the region through a network of fulfillment partners and agents. Alternet's subsidiaries provide a comprehensive suite of hosted and Software as a Service (SaaS) applications for the Utility, Transportation, Financial, and Telecommunication, and Retail industries. Alternet subsidiaries include Utiba Americas, a joint venture with Utiba Pte Ltd., the leading provider of mobile payment and financial transaction software and Tekvoice Communications, an established provider of hosted Voice over Internet Protocol (VOIP) billing services. 

About NewMarket Technology, Inc. (http://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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