(NWMT) Greenfield Founder Makes Case for SME Investment to Bolster Disaster Risk Reduction in United Nations Debate Moderated by Zeinab Badawi of BBC World News


DALLAS, TX--(Marketwire - February 10, 2011) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) Greenfield Partnership Program founder, Philip Verges added to yesterday's disaster risk reduction debate at the United Nations by arguing that improved investment in small and medium enterprises (SMEs) would mitigate loss in the event of disasters within emerging markets. The United Nations General Assembly convened yesterday, February 9th on its first thematic debate on disaster risk reduction to encourage governments to take action and invest more in reducing risk and exposure to disasters (http://tinyurl.com/UNISDR). The one-day UN debate on disaster risk reduction was organized under the auspices of the office of UN General Assembly President Joseph Deiss, with support from the UN International Strategy for Disaster Reduction (UNISDR). Mr. Verges is a UNISDR Private Sector Advisory Group member (http://tinyurl.com/4lgtzxg). The debate was opened by UN Secretary-General Ban Ki-moon and moderated by international broadcaster and journalist Zeinab Badawi of BBC World News.

"Disasters hit poor regions hardest, and economic policy that can incentivize business investment to improve regional per capita GDP is an essential element of the disaster risk reduction debate," said Philip Verges. "Small and medium sized enterprises are the largest contributors globally to GDP and employment. I believe improved SME investment is the most likely business investment category to most effectively reduce regional poverty. Improved regional economics support sustainable disaster risk reduction initiatives."

Mr. Verges included in his comments an overview of an emerging market trade mission format to stimulate SME investment and increase disaster risk reduction awareness within the SME community piloted by the NewMarket Greenfield Partnership Program in conjunction with the UNISDR. One seminar has been conducted so far in Nairobi, Kenya with a second seminar scheduled for March in the Philippines.

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About NewMarket Greenfield Partnership Program
NewMarket launched the Greenfield Program last year to facilitate the start-up and early stage development of high-growth potential businesses. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America.
Follow the Greenfield Partnership Program on Facebook at: http://tinyurl.com/greenfieldpp and on Twitter at http://twitter.com/greenfieldpp.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket Technology is a global small business incubator. NewMarket's current portfolio of operations provides systems integration, technology infrastructure services and emerging technology. NewMarket's operations strategically focus on providing technology and support services in emerging and developing economies with high growth rate potential 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, Africa, Brazil and Northern Latin America. Overall, NewMarket reported over $95 million in revenue for 2008 and reported over $98 million in profitable revenue for 2009.

NewMarket's operations provide services and support for both brand-name technologies, such as Microsoft, as well as emerging technologies ranging from mobile computing to various security and wireless broadband technologies. NewMarket's rapid growth since 2002 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.

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Greenfield Founder Philip Verges makes case for SME investment to bolster disaster risk reduction in United Nations Debate