SOURCE: NewMarket Technology, Inc.

December 19, 2007 10:04 ET

NewMarket Technology, Inc. Hosts Emerging and Frontier Market Seminar With Expert Panelists on Brazil, China and Africa to Include Joseph Wambia Formerly of the World Bank

William Weiss, Honorary Consul for the Republic of Malta to Participate; Seminar Scheduled January 18, 2008 at Dallas Fairmont Hotel to Feature Small Business Investments in Developing Economic Regions

DALLAS, TX--(Marketwire - December 19, 2007) - NewMarket Technology, Inc. (OTCBB: NMKT) announced today the company will host an Emerging and Frontier Market Seminar Friday, January 18, 2008, from 8am to 5pm CST at the Fairmont Hotel ( in Dallas.

The seminar will be an opportunity for shareholders, investors, technologists, entrepreneurs and small businesses to learn more about the opportunity for rapid growth within rapidly growing economies worldwide. The seminar will focus on financing and investing for small business and technology in global emerging markets, with a special focus on Brazil, China and Africa. The format for the seminar will be panel discussion sessions lead by subject matter experts on investment and financing in emerging markets and on the Brazilian, Chinese and African markets.

NewMarket is pleased to announce Joseph Wambia and William Weiss as additions to the seminar panels.

Joseph Wambia, Wambia Capital and Former World Bank Senior Staff

Joseph Wambia currently serves as CEO and Chief Investment Officer of Wambia Capital (, a Registered Investment & Risk Advisory firm based in Maryland specializing in managing investment portfolios for US institutional investors in African marketable securities, project finance and private equity; raising capital (debt, equity, insurance and guarantees) for companies investing in emerging markets with a principal focus on Africa; and performing due diligence, risk-based audits for clients, and advisory services in the areas of African capital markets finance and development finance. The Company has Representative Offices in Wilmington (DE), London, Manama (Bahrain), Nairobi, Dar es Salaam, Johannesburg, Kampala, and Harare through a network of advisers and strategic partners. The Overseas Private Investment Corporation (OPIC) recently selected Wambia Capital as a partner in its prestigious Enterprise Development Network (EDN), which serves to extend OPIC's outreach to small and medium-sized enterprises.

Mr. Wambia has more than 30 years experience in emerging markets development finance, business development, project finance, making debt investments, originating deals, creating partnerships, auditing project finance portfolios, auditing mortgage backed security portfolios, forming and managing private client equity investment portfolios.

During his career at the World Bank, he lead, managed and supervised over 30 infrastructure project finance deals worth over $5 billion in East Asia, South Asia, the Middle East, and Africa. As a senior staff in the World Bank Treasury, he supervised performance management reporting for the Bank's ALM functions, including its $70 billion investment portfolio and funding operations. After the World Bank, he served as Audit Manager for Capital Markets Business at Fannie Mae, where he was responsible for auditing a $700 billion MBS portfolio. He holds an MBA from Georgetown University and a BCom and MSc (Econ) from the University of Nairobi. He is a Registered Investment Advisor and Certified Internal Auditor, besides holding other audit and investment qualifications. He is a member of the CFA Institute, the Institute of Internal Auditors (IIA), Financial Planning Association (FPA), and the Global Association of Risk Professionals (GARP).

William Weiss, Honorary Consul the Republic of Malta

William Weiss currently serves as the Honorary Consul for the Republic of Malta assisting with business, trade, economic, and public affairs issues. Until 2005, Mr. Weiss also served as the Ambassador of the Sovereign Military Order of Malta to the Republic of the Marshall Islands and assisted the Permanent Observer Mission of the Sovereign Order of Malta to the United Nations in establishing diplomatic contacts with Pacific Island Nations Marshall Islands, Kiribati and Micronesia. Mr. Weiss has also served as a liaison to the Department of Health, Education and Social Affairs of the Government of the Federated States of Micronesia. Mr. Weiss is also a member of the International Bar Association and has coordinated over $1 million in medical aid to developing nations.

Dr. Flavio Chaves, Assistant to the Vice Governor of the State of Sao Paulo, Brazil

Previously, NewMarket announced Dr. Flavio Chaves of Sao Paulo, Brazil, will be discussing the business and economic opportunities in Brazil at the seminar. Dr. Flavio Chaves currently serves as the Assistant to the Vice Governor of the State of Sao Paulo, Brazil in charge of all new business and investments for the state. With a population upwards of 40 million and GDP of $550 billion, the State of Sao Paulo accounts for nearly one-third of Brazil's total GDP. Prior to his current post, Dr. Chavez was President of Caixa Economica of the State of Sao Paulo and a Federal Deputy of the Brazilian Government. The Caixa Economica is one of the largest government-owned financial institutions in Latin America and the second largest bank in Brazil (

NewMarket Annual Town Hall - January 17, 2008

NewMarket's Emerging Markets Seminar will be held the day after the company's annual Town Hall meeting. The Town Hall meeting, which will take place Thursday, January 17, 2008 at 3:30 pm CST, is an annual event providing shareholders an opportunity to receive updates on company growth and plans for the upcoming year and to meet company management in an interactive forum. The Town Hall agenda will center on a review of the Company's growth through 2007 and business plans to continue this year's sales and profit growth from organic operations into 2008.

To register for the Town Hall or Emerging and Frontier Market Seminar or for more information please contact Whitney Marks at or 214-722-3052.

Group Hotel Rate and Event Transportation

NewMarket has arranged group hotel pricing for the nights of January 16-17, 2008 for those who plan to attend the company's upcoming events at the Wyndam By The Galleria Hotel ( The hotel is located adjacent the Dallas Galleria (, the premier shopping and dining center of Dallas.

Those traveling to the event may call the hotel directly at (972) 661-3600, or toll free at (866) 444-7666, between the hours of 7:30am - 5:00pm, and request the group rate for "NewMarket Technology."

Transportation to and from the hotel and the Town Hall and Seminar will be provided.

For further assistance or for more information please contact Whitney Marks at or 214-722-3052.

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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 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. 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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