NewMarket Technology, Inc. on Track to Meet $120 Million 2008 Revenue Forecast and Anticipates Continued Revenue and Margin Growth Reflecting Morgan Stanley $21.7 Trillion Emerging Market Forecast

DALLAS, TX--(Marketwire - August 7, 2008) - NewMarket Technology, Inc. (OTCBB: NMKT) today announced anticipated continued revenue and margin growth beyond 2008, reflecting Morgan Stanley's robust Emerging Market Infrastructure Report. The Company has forecasted profitable growth to $120 million in 2008 after reporting $93.1 million in revenue 2007 with $7.3 million in net income. Today, the Company is a U.S. corporation deriving approximately 70% of its revenue from providing Information Technology infrastructure and services in emerging markets and developing economic regions to include South America, Southeast Asia and China. The Company has also developed and continues to grow a line of proprietary next generation emerging technologies to differentiate itself from other Information Technology infrastructure providers.

Morgan Stanley Emerging Market Infrastructure Report

The recent Morgan Stanley report forecasts $21.7 Trillion in infrastructure spending over the next 10 years in emerging markets. The report discusses the "boom in infrastructure" in emerging markets stating, "In power and water, property, ports and airports and beyond, emerging markets governments and private sector players are deploying unprecedented amounts of capital to upgrade the emerging world." The Morgan Stanley Report is available in its entirety at: http://www.morganstanley.com/views/perspectives/files/infrastructure_paper4.pdf

Today's Vcall on YTD Sales Toward $120 Million 2008 Forecast

NewMarket Management has scheduled a Vcall Webcast for today at 4:15 pm EDT to review the Company's year-to-date sales track record to meet or exceed $120 million in profitable revenue for fiscal year 2008. A link to the Webcast will be available prior to the event on the Company's corporate Website Investor Relations page (http://www.newmarkettechnology.com/investor-relations.htm) under "Current Events and Communications" or by going to http://www.investorcalendar.com/IC/CEPage.asp?ID=132965.

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 ir@newmarkettechnology.com or call 214-722-3065.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)

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.

"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.

Contact Information: Contact: NewMarket Technology, Inc. Investor Relations ir@newmarkettechnology.com 214-722-3065 www.newmarkettechnology.com