SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

April 20, 2011 14:13 ET

(NWMT) NewMarket Technology to Present 2011 Business Plan Updates Following 2010 Performance Review

DALLAS, TX--(Marketwire - Apr 20, 2011) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) today announced the Company plans to present updates to the Company's business plan for 2011 following a Webcast review of its 2010 annual performance. The Company's subsidiary operation, China Crescent Enterprises, Inc. (OTCQB: CCTR), recently filed its annual report for 2010 on Form 10-K with the Securities and Exchange Commission. China Crescent reported $78.2 million in revenue and $4.2 million in net income for 2010, up from $45.6 million in revenue and $2.2 million in net income reported in 2009. NewMarket's annual report on Form 10-K will be filed shortly, with a Webcast review to follow. A subsequent announcement will be made when the NewMarket annual report is filed to include details on the release of a corresponding Webcast review. Overall, NewMarket reported over $85 million in revenue through the first three quarters of 2010 with net income of more than $3.9 million for the same period. The Company reported over $98 million in revenue and net income of $1.6 million in 2009.

A link to the Webcasts will be posted to the Company's corporate website under 'Investor Relations' upon release and emailed to corporate email subscribers.

Recent Letter to Shareholders and Re-Focus on Systems Integration
NewMarket recently released a letter to shareholders and a Webcast from CEO Bruce Noller reviewing the Company's plans to re-focus on the information technology market. NewMarket provides systems integration services globally, primarily concentrated on emerging market regions. The recent letter and Webcast are available for review on the Company's corporate website,, under 'Investor Relations.'

Shortly following the release of the Webcast reviewing the Company's 2010 performance, NewMarket anticipates releasing a follow up to Mr. Noller's recent Webcast and letter to shareholders with more details on the Company's updated business plans for 2011.

About NewMarket Technology, Inc. (
NewMarket Technology's (PINKSHEETS: NWMT) (OTCQB: NWMT) 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. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Africa, Brazil and Northern Latin America. Overall, NewMarket reported over $95 million in revenue for 2008 and reported over $98 million in revenue for 2009.

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.

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.

Contact Information