SOURCE: NewMarket Technology, Inc.

April 26, 2007 14:21 ET

NewMarket Technology, Inc. Latin America Business Operations With $30 Million in Profitable Revenue Forecasted for 2007 Featured in Latin Business Chronicle

Article Highlights High-Growth Latin American Operations and Upcoming July 2007 "Project LAC" Small Business Development Trade Mission With USAID

DALLAS, TX -- (MARKET WIRE) -- April 26, 2007 -- NewMarket Technology, Inc. (OTCBB: NMKT) CEO Philip Verges was interviewed last week by the Latin Business Chronicle. NewMarket recently announced the completion of a transaction with Paragon Financial Corp. (PINKSHEETS: PGNF) to effectively list NewMarket's Latin America subsidiary. NewMarket management announced yesterday during the company's Webcast that Paragon's name has officially been changed to NewMarket Latin America, Inc. and a corresponding ticker symbol change will follow in the coming weeks.

The article discusses NewMarket's high-growth potential in Latin American markets and planned expansion into Mexico. Mr. Verges highlighted the tremendous organic growth NewMarket has experienced through its Latin America operations, "We have more organic growth opportunities in South America than China to date." NewMarket's Latin American operations have grown rapidly to an expected $20 million in profitable annual revenue for 2006, and the company projects $30 million in revenue for 2007.

The article can be found in its entirety by going to:

"Project LAC" July 2007 Trade Mission to Latin America

NewMarket Technology was selected to implement "Project LAC" from a competitive group of applicants based on the company's own successful growth in the Latin American and Caribbean (LAC) region. NewMarket initially entered the LAC region in 2004 to bring emerging technologies to emerging markets.

The purpose of "Project LAC" is to enhance small U.S. technology company involvement in the LAC region. The project is funded by United States Agency for International Development (USAID), supported by the dot-ORG program and implemented by the Academy for Educational Development (AED) and NewMarket Technology.

Any small U.S.-based technology company may apply, and up to ten companies will be selected to participate in the project. The chosen companies will receive information and guidance on how to expand their businesses into LAC markets, particularly underserved areas, as well as an opportunity to develop initial business opportunities through a Trade Mission to Latin America in July 2007.

A copy of the RFA and further project information for companies interested in participating in the project are available on the project website at

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

About the United States Agency for International Development (

USAID is the principal U.S. agency to extend assistance to countries recovering from disaster, trying to escape poverty, and engaging in democratic reforms. USAID is an independent federal government agency that receives overall foreign policy guidance from the Secretary of State. USAID supports long-term and equitable economic growth and advances U.S. foreign policy objectives by supporting economic growth, agriculture and trade; global health; and democracy, conflict prevention and humanitarian assistance.

USAID provides assistance in four regions of the world: Sub-Saharan Africa; Asia and the Near East; Latin America and the Caribbean; and Europe and Eurasia. With headquarters in Washington, D.C., USAID's strength is its field offices around the world. USAID works in close partnership with private voluntary organizations, indigenous organizations, universities, American businesses, international agencies, other governments, and other U.S. government agencies. USAID has working relationships with more than 3,500 American companies and over 300 U.S.-based private voluntary organizations.

About the Academy for Educational Development (

Founded in 1961, the Academy for Educational Development is an independent, nonprofit organization committed to solving critical social problems. AED works in all the major areas of development with a focus on improving health, education and economic opportunities for the least advantaged in the United States and throughout the world. It is the lead implementer of the dot-ORG Program funded by USAID (

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.


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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