SOURCE: NewMarket Technology, Inc.

November 18, 2008 09:25 ET

NewMarket Technology, Inc. Management to Review 36% Net Income Increase to $3.7 Million and 20% Revenue Increase to $76 Million Through 3rd Quarter 2008 in Boca Raton on November 25

Third Quarter Webcast Scheduled for Friday, November 21 at 12:00 PM EST

DALLAS, TX--(Marketwire - November 18, 2008) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) management has scheduled a corporate update presentation for interested shareholders and potential investors on Tuesday, November 25, 2008 in Boca Raton, Florida. NewMarket reported $76 million in revenue for the first nine months of 2008 with net income of $3.7 million. Net income has increased 36% and revenue has increased 20% in the first nine months of 2008 compared to the same period last year. The Company reported $2.7 million in net income on $63 million in revenue through the third quarter of 2007. A reservation is required to attend the presentation. Interested parties should contact NewMarket Investor Relations at or 214-722-3065.

Third Quarter Financial Webcast

NewMarket management will conduct a Webcast, Friday, November 21 at 12:00 pm EST to review third quarter 2008 financials.

A link to the Webcast will be available at the Company's corporate Website Investor Relations page at under "Current Events and Communications." An archive of the Webcast will be available afterwards for review.

NewMarket Ranked #7 in Deloitte Texas Fast 50

NewMarket Technology recently has been named seventh in Deloitte's prestigious Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003-2007.

NewMarket CEO Philip M. Verges credits the Company's emerging market strategy and success in building robust operations in South America and Asia with the Company's 3,867 percent revenue growth from 2003-2007. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit

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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