SOURCE: NewMarket Technology, Inc.

April 26, 2007 09:43 ET

NewMarket Technology, Inc. Webcast Reviews 2006 Record Performance Including Anticipated 10% Net Income Increase in Pending Amended 2006 Annual Report

Management Team Reviews Currently Reported $77.6 Million in 2006 Revenue With $4 Million in Net Income and 2007 Outlook

DALLAS, TX -- (MARKET WIRE) -- April 26, 2007 -- NewMarket Technology, Inc. (OTCBB: NMKT) conducted an aftermarket Webcast yesterday highlighting 2006 record financial performance and reviewing details regarding the company's $120 million in forecasted profitable revenue for 2007. The Webcast, conducted by CEO Philip Verges and CFO Philip Rauch, discussed NewMarket's overall operations strategy, the 2007 planning outlook, recent financial performance and the current delay in reporting on operations in China. The Webcast concluded with a review of the Company's six independent listings of consolidated subsidiary operations currently underway and the status of stock to be issued in each subsidiary through dividends to NewMarket Technology shareholders.

NewMarket management discussed NewMarket's financial maturation, addressing the company's reduced operating expenses, increased cash flow -- up 97% to $2.9 million from 2005 and increased shareholder equity -- up 32% to $43.2 million compared to year-end 2005. Management also addressed the recent China operations reporting delay. Management explained the plan to rectify the delay. In the discussion regarding the delay, management announced an anticipated 10% increase in net income in a pending amendment to the NewMarket technology annual report to be filed on SEC Form 10K. The amended NewMarket Technology report will be filed following the correction of an errant report filed in October 2006 incorrectly reporting the financial performance of the Company's operations in China.

The Webcast is available in its entirety online and can be found at the following link:

To be added to NewMarket's corporate 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 to include Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire undiscovered 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 global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.


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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