SOURCE: NewMarket Technology, Inc.

August 28, 2007 10:58 ET

NewMarket Technology, Inc. Reported 30% Revenue Growth in Second Quarter 2007; Pace to Break $100 Million in Revenue for Year to Be Reviewed in Thursday, August 30 Webcast

Webcast to Feature Regional CEOs From NewMarket Latin America and NewMarket China Subsidiaries

DALLAS, TX--(Marketwire - August 28, 2007) - NewMarket Technology, Inc. (OTCBB: NMKT) will conduct a Webcast, Thursday, August 30, 2007 to review year to date sales growth and progress toward breaking $100 million in revenue for the year. NewMarket reported $77.6 million in revenue in 2006 with $5.9 million in net income. The Company reported $21.9 million in revenue for the second quarter of 2007, reflecting a 30% increase in revenue over the second quarter of 2006. Net income for the second quarter was $606,406, a 26% increase over $481,502 for the same period last year. Management reports that NewMarket is on track to realize over $100 million in profitable revenue in 2007 and potential to reach $120 million in revenue.

NewMarket management will conduct a Webcast Thursday, August 30, 2007 at 4:30 PM EDT to discuss NewMarket's emerging technology strategy, financial performance details year to date and the sales outlook for the rest of the year. The Webcast will feature the regional CEOs from the NewMarket Latin America (PINKSHEETS: NLAI) and NewMarket China (OTCBB: NMCH) subsidiaries.

The webcast will be available at

To be included on NewMarket's e-mail list for shareholders and interested investors please send an e-mail to

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 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 Five 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.


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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