SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

February 23, 2010 08:30 ET

NewMarket Technology, Inc. PPS Increases 17% Closing Above 10-Day Moving Average on Record Volume With Momentum Potential to Break Through 30-Day Moving Average

Independent Analyst Issues 'Buy' Rating and PPS Target Nearly 50 Times Current $0.03 PPS

DALLAS, TX--(Marketwire - February 23, 2010) - An independent analyst report was released yesterday on NewMarket Technology, Inc. (PINKSHEETS: NWMT) with a 'buy' rating and a target price per share (PPS) nearly fifty times higher than the current PPS of $0.03. During trading yesterday, the share price broke through the 10-day moving average (MA) and reached the 30-day MA PPS of $0.032 on record trading volume. The Company is scheduled to review the report in a Webcast presentation to be released later today. The presentation agenda is expected to highlight the Company's Greenfield Partnership Program featuring NuMobile, Inc. (OTCBB: NUBL), Alternet Systems, Inc. (OTCBB: ALYI) and Nova Energy, Inc. (OTCBB: NVAE). Additionally, the presentation agenda also includes a discussion of PPS potential to break through the $0.032 30-day MA PPS then the Company's 50-day $0.046 MA PPS, as well as the potential to reach NewMarket's $0.32 200-day MA PPS.

To review the report, please visit the Investor Relations section of the Company website at www.newmarkettechnology.com. A direct link to the report is http://www.newmarkettechnology.com/nwmtreport_20100222.htm.

Later today, the on-demand Webcast is scheduled to be posted to the NewMarket website, www.newmarkettechnology.com, and a link to the Webcast will also be published and sent to the NewMarket e-mail database upon release.

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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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