SOURCE: NewMarket Technology, Inc.

September 15, 2008 09:25 ET

NewMarket Technology, Inc. Recommended as Speculative Buy in Research Report Highlighting Book Value of $0.29 Per Share vs. Recent Close of $0.10

Micros Report Issued Research Report Update Following CEO Webcast Friday Reviewing $120 Million Profitable 2008 Revenue Forecast and M&A Update

DALLAS, TX--(Marketwire - September 15, 2008) - NewMarket Technology, Inc. (OTCBB: NMKTE) CEO Philip M. Verges conducted a Webcast on Friday, September 12, 2008. During the Webcast, Mr. Verges discussed the Company's year-to-date progress towards achieving its $120 million revenue goal and current M&A projects, including a binding agreement to acquire a 75% interest in Everex.

Additional Webcast Highlights:

--  2008 Sales Update
--  2008 M&A Update
--  $120 million profitable revenue for FY '08
--  Increased gross margins
--  Reduced expenses as a % of income
--  Improved working capital
--  Reduced liabilities
--  $25 million in new sales contracts YTD
--  $43 million revenue and $2 million net income YTD
--  Increased revenue from North America
--  Managed Services Business rollout
--  $100 Million M&A Pipeline
--  $60 Million under Letter of Intent
--  August 28, 2008 SEC Form 8-K
--  Share Price Performance

A link to the Webcast is available on the Company's corporate Website Investor Relations page at titled "NewMarket Technology Year-to-Date Corporate Update" under "Current Events and Communications."

Micros Report Update Highlights Book Value of $0.29 Per Share vs. Recent Close of $0.10 with Fair Value Target Price of $0.78

Michael Willingham, Micros Report Director of Research, recently issued an update to his November 2007 research coverage on NewMarket.

Mr. Willingham stated in his recent update, "If the market wakes up to the true value being built in this Company, there will be a significant reversal of fortunes in the share price."

The update highlights the Company's book value of $62 million compared to its current market capitalization of $18 million. NewMarket's fully diluted book value is $0.29 per share compared to a recent close of $0.09 per share.

The report goes on to assign a Fair Value Target price for NewMarket stock of $0.78 per share: "This $0.78 fair value estimate is assigned based upon what NMKTE has already achieved as a company in regards to their historical profitability, historical revenue, and future projections. Based upon the past five years' results, the future growth of the company has a high probability of continuing. If the company can continue to grow revenue and profits both organically and through acquisitions while keeping the outstanding shares in check, even higher stock prices should be expected in the future."

Interested parties may contact to receive a copy of the report.

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 (OTCBB: NMKTE), previously under NMKT (OTCBB: NMKT), 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.

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