SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

November 18, 2010 09:10 ET

(NWMT) NewMarket Greenfield Projects YTD Featuring (NVAE) Savanna East Africa, (NUBL) NuMobile and (CCTR) China Crescent to Be Reviewed in Q3 Webcast Tuesday

DALLAS, TX--(Marketwire - November 18, 2010) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) today announced the Company's Q3 Webcast presentation scheduled for next Tuesday is slated to include year-to-date highlights of its Greenfield Partnership Program. The Greenfield program was launched in 2009 to accelerate the introduction of new technologies into emerging markets around the world where technology buying is on the rise, while improving return on investment (ROI) potential. The Greenfield program assists in providing startup and development stage partner companies the collaboration opportunities and support necessary to win key contracts and grow their businesses. Companies are chosen to participate in the partnership program based on their technology and service offerings in conjunction with the emerging geographic markets in which they currently participate, such as China, Latin America and East Africa.

In the Webcast Tuesday, management is expected to review key developments in the Greenfield program to include collaborative project efforts in the rapidly growing mobile and systems integration markets in East Africa between Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) and China Crescent Enterprises, Inc. (OTCBB: CCTR), with operations in mainland China, and NuMobile, Inc. (OTCBB: NUBL), a US-based mobile technology roll-up. Other Greenfield projects include a new telecom contract in Latin America for China Crescent and a special purpose Wi-Fi communication device project based in Shenzhen, China with an end customer in Japan led by China Crescent in association with NuMobile. Based on a formal letter of intent and the performance of the initial project, the Japanese customer has committed to purchase 10,000 of the custom Wi-Fi devices for a total of $160 million over the next three years.

NuMobile is building a portfolio of security and software solutions for the global mobile computing and smartphone market. NuMobile completed two acquisitions in 2009 and is currently in the final stages of a Kenya-based mobile wallet acquisition with approximately $5 million in annualized revenue. NuMobile recently filed its Q3 2010 report with 3000% revenue growth to $393k in the first nine months of 2010 compared to the first nine months of 2009. NuMobile has set a $20 million annual revenue objective for 2011.

China Crescent, a systems integration service provider of brand name technologies operating primarily in China, reported $45 million in profitable annual revenue in 2009. Through the first six months of 2010, China Crescent reported $31.7 million in revenue, up 87% compared to $16.9 million in revenue for the first six months in 2009. Net income increased to $1.12 million for the second quarter 2010 compared to $1.02 million for second quarter 2009 and for the first six months of 2010, net income was $1.77 million compared to $1.14 million for the same period in 2009. The Company's recent expansion into additional lines of business in China, including outsourcing services and original design manufacturing (ODM), has contributed to the growth.

A link to the NewMarket Q3 Webcast will be posted to the Company's corporate websitewww.newmarkettechnology.com upon release.

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.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
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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