SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

May 10, 2011 10:58 ET

(NWMT) NewMarket Technology Changes Business Strategy to Unlock Value of Subsidiary Operations

DALLAS, TX--(Marketwire - May 10, 2011) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) recently updated the Company's business strategy to transition from competing as a multinational systems integrator to working as a conglomerate of leading regional systems integrators. The primary objective of the business strategy change is to unlock what management believes to be the yet unrecognized value of the subsidiary operations. NewMarket's independent public subsidiary China Crescent Enterprises, Inc. (PINKSHEETS: CCTR) recently announced a letter of intent with NuMobile, Inc. whereby NuMobile would acquire a China Crescent subsidiary with approximately $22 million in annual revenue providing original design and manufacturing services primarily within the mobile communications market sector. The NewMarket Webcast scheduled for release later today will present the proposed transaction between NuMobile and China Crescent to further illustrate both NewMarket and China Crescent's updated business strategies as regional systems integration leaders.

A link to the Webcast will be posted to NewMarket's corporate website, www.newmarkettechnology.com, upon release and sent to corporate email subscribers.

NewMarket recently released two management Webcasts, the first from CFO Philip J. Rauch reviewing the Company's 2010 financial performance as reported on Form 10-K. NewMarket reported $118 million in annual revenue and $2.6 million in net income for 2010, up from $98 million in revenue and $1.6 million in net income for 2009. The second Webcast, from CEO Bruce Noller, provides a brief Company background and review of NewMarket and China Crescent's updated business strategies. The recent Webcasts are available for review on the Company's corporate website, www.newmarkettechnology.com, under Investor Relations.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)

NewMarket Technology's (PINKSHEETS: NWMT) (OTCQB: NWMT) current portfolio of operating subsidiaries provides systems integration and technology infrastructure services. NewMarket's operations strategically focus on providing technology and support services in emerging and developing economies with high growth rate potential. NewMarket has operating subsidiaries today in China, Singapore, Brazil and Northern Latin America.

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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