SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.

January 14, 2011 09:15 ET

OTCQB Tiered NewMarket and (NVAE) Savanna East Africa Marry Higher Profit Potential With Social Responsibility in Innovative Over-the-Counter Enabled Strategy

NewMarket and Savanna East Africa to Host Kenya's Ministry of Housing Next Week to Explore Slum Upgrade Projects

DALLAS, TX--(Marketwire - January 14, 2011) -  NewMarket Technology, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD) along with Greenfield partner Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) and Vita Developments (www.vitadev.org) will be hosting strategic meetings in New York City next week with Kenya's Ministry of Housing. The Kenya Ministry of Housing has launched a slum upgrade project that has already piloted a relocation of Kibera residents to a temporary housing area pending a tear down and rebuild of their former housing facilities. NewMarket, Savanna East Africa and Vita Developments are partnering in Kenya in an effort to contribute to and accelerate the Ministry of Housing's slum upgrade project.

NewMarket Technology Founder and Savanna East Africa CEO Philip Verges talks about the potential of over-the-counter companies to facilitate highly profitable business strategies around socially responsible objectives.

"Savanna East Africa is an innovative, micro-cap public company concentrating on the acquisition and development of high growth entrepreneurial enterprises in the East African region. East Africa is poised for rapid economic growth, with some considering it the next China. There is no shortage of demand for just about everything in East Africa and there is no shortage of highly educated and talented entrepreneurs. OTC Markets and OTCBB micro-cap public companies provide an excellent platform for connecting demand and talent with investment. Investors enjoy the protection of a company subject to U.S. laws and regulations and the high growth potential of an emerging market. Yes, we are acquiring both a condom manufacturing company with plans to go into production in April and a telecommunications systems integrator. We have also organically launched an affordable housing initiative."

Through the Greenfield Partnership Program, NewMarket and Savanna work on housing projects with the potential for high, rapid profitable growth. The Greenfield Partnership Program was launched more than a year ago to support entrepreneurial, high growth companies in achieving their operational and business objectives. The program has expanded to include eight public and private companies so far and anticipates an even more rapid expansion of member companies in 2011. NewMarket and Savanna believe socially responsible projects have a better potential for long-term success. To enhance the long-term success of affordable housing projects, NewMarket is working with Vita Developments to ensure each community of affordable homes has a church or other religious institution, school, market center and health clinic in order to help the community become self-sustaining and not remain in need of serial charity.

NewMarket and Savanna East Africa's Affordable Housing Initiative was launched by former NewMarket Board Member, the late Major General Hugh G. Robinson. During the Johnson Administration, General Robinson was the first African American to ever serve on Presidential staff. After the Army, he served as the Chairman of the Federal Reserve Bank of Dallas. General Robinson founded the NewMarket and Savanna Affordable Housing Initiative to not only design and construct housing with costs inside the capacity of lower income residents, but with 'dignity' and 'sustainability' as cornerstones of the design concepts.

Kibera is a major slum area of Nairobi, Kenya. Most people living in Kibera have little or no access to basic necessities, such as electricity, clean water, or sewage disposal. The area is estimated to have some 50,000 AIDS orphans and inadequate school facilities in Kibera contribute to the poverty cycle for residents.

The Companies plan to release a Webcast after the meetings to update shareholders and interested investors on their progress and next steps. A link to the Webcast will be posted upon release.

Separately, NuMobile, Inc. (OTCBB: NUBL), China Crescent Enterprises, Inc. (OTCBB: CCTR) and Savanna East Africa have partnered to build a wireless broadband network in Nairobi, Kenya. The joint project was developed through the NewMarket Technology Greenfield Partnership Program. The broadband network is intended to provide a wireless meter reading capability to local utility companies. After successful completion of the testing phase, the wireless broadband project is expected to expand throughout Nairobi, followed by expansion to additional cities and countries throughout East Africa.

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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 Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy early this year to pursue several business lines in the growing economy of East Africa, initially in Kenya. Savanna has already begun several initiatives in the region to include initiatives in the Technology, Utility, Housing and Health products industries. The Company is also continuing to grow its existing oil and gas reclamation business with new management and business strategies. Savanna East Africa is a fully-reporting company with audited financial statements quoted on the new 'OTCQB.'

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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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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