SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

September 24, 2009 11:20 ET

NewMarket Technology, Inc. Resale Partners in China Lenovo and HP Featured in Wall Street Journal on Increased Sales Resulting From Chinese Economic Stimulus

DALLAS, TX--(Marketwire - September 24, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) is scheduled to review year-to-date sales and provide a preview of anticipated sales through the rest of 2009 in an on-demand exclusive webcast tomorrow, Friday, September 25th.

The Company has reported over $43 million in profitable revenue for the first six months of 2009. NewMarket has already announced approximately $65 million in new sales contracts so far this year. Another $15 million contract is pending and the Company has announced a sales pipeline that could exceed $100 million in new contracts signed by year end. The Friday presentation will include a discussion of a potential increase to NewMarket's current 2009 $100 million revenue forecast.

NewMarket's 2009 success may in part be credited to a $586 billion Chinese government subsidy program designed to stimulate the nation's economy by encouraging spending in rural areas. NewMarket's operation in China has been a leading performer compared to the Company's other regional operations. The majority of its Chinese operation's sales today come from areas in China that are outside of major cities. Yesterday, the Wall Street Journal featured the sales programs implemented in China by Lenovo Group Ltd. and Hewlett-Packard Co. to expand sales in the Chinese countryside and benefit from the $586 billion Chinese government economic stimulus program.

The article by Loretta Chao on the front page of the Wall Street Journal Business Section reported:

"Globally, PC shipments have dropped in recent quarters as spending by companies and consumers has decreased. But in China -- where about 40 million PCs are sold annually, making it the world's second largest PC market after the U.S. -- sales have continued to grow, albeit at slower rates."

The article can be found in its entirety at:

NewMarket is a systems integrator and value added reseller of major global hardware and software brands. NewMarket's subsidiary operation within the Chinese domestic market sells Lenovo and Hewlett-Packard products. Brands the subsidiary sells and supports in China also include Dell, IBM, Cisco, Sony, Epson, Canon and Sanyo. Additionally, the subsidiary is an authorized reseller of operating system, database, middleware and application software from Microsoft, Red Hat, Oracle, Sybase, IBM, BEA, Veritas and others.

A link to the Webcast will be available on the Company's website upon release.

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About NewMarket Technology, Inc. (

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.


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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