NewMarket Latin America, Inc. Updates Shareholders on 2008 Plans to Reach $30 Million in Profitable Revenue and Expand Regional Footprint

DALLAS, TX--(Marketwire - February 12, 2008) - NewMarket Latin America, Inc. (PINKSHEETS: NLAI) today released a letter from CEO Aubrey Brown to update shareholders on 2008 plans to reach $30 million in profitable revenue and expand its regional footprint.

The Company's growth and Microsoft partnership were featured last Friday in two separate articles from Business News Americas. For copies of the articles, contact the Company at ir@newmarketlatinamerica.com.

CEO Aubrey Brown's Letter to Shareholders

Dear Shareholders:

NewMarket Latin America, Inc. represents the South American chapter of NewMarket Technology Inc.'s (OTCBB: NMKT) global initiative to build subsidiary technology service operations in the world's emerging economic regions. I may be biased, but living and working in Brazil and traveling throughout South America, I believe NewMarket Latin America is NewMarket Technology's most promising regional endeavor.

You can learn more about NewMarket Technology's other regional operations on the Company's website (www.newmarkettechnology.com). In this letter, I will concentrate on sharing with you our progress and plans in South America.

A Brief History of NewMarket in South America

NewMarket Technology launched operations in South America with the acquisition of a Microsoft Solution Partner in 2004. A second acquisition of a technology service provider concentrating on the integration, customization and maintenance of Oracle products was completed in 2006. I moved from California to Brazil in 2006 to lead NewMarket operations in South America. Organic sales growth in South America has exceeded 20% annually for the last two years.

New Technologies and New Regions

For the past two years, we have concentrated on our core service offering, providing brand name technology solutions. Having created a strong core business, we have recently initiated efforts to expand into earlier stage technology offerings. We have signed our first broadband wireless contract to provide service in southern Brazil. We have similar broadband wireless engagements under development in Peru, Colombia and Panama. NewMarket Latin America will also be leading NewMarket's expansion into Mobility Software Solutions.

$30 Million in Profitable Revenue in 2008

Between the continued growth of our core service offering, providing brand name technology solutions, and the expansion of our South American operations into earlier stage technology offerings, I expect revenue from South America to reach $30 million in 2008 while our current profit margins continue to improve.

Moving NLAI to the Bulletin Board

Last year NewMarket entered into an agreement to purchase control of the publicly listed shell that has since been renamed NewMarket Latin America. The purpose of the agreement was to independently list NewMarket's operations in South America by consolidating those operations into the NewMarket Latin America publicly listed shell. Today, I am the CEO of the NewMarket Latin America shell and the president of all NewMarket's operations in South America. However, the consolidation of NewMarket's South American operations into NewMarket Latin America has not yet been completed. The planned consolidation was delayed by NewMarket's similar initiative to publicly list its regional operations in China under NewMarket China, Inc. (OTCBB: NMCH). Candidly, the Company discovered that foreign listings on a U.S. exchange are more complicated than anticipated. The unexpected complications delayed the NewMarket Latin America consolidation. It is my personal mission to get the consolidation and the move to the OTCBB completed as rapidly as possible.

We will soon announce our annual Latin America trade mission. I encourage you to join us to see the opportunity in South America first hand. Please sign up to receive regular updates from the Company by contacting ir@newmarketlatinamerica.com.

Thank you for your ongoing support,

Aubrey Brown
CEO
NewMarket Latin America, Inc.

About NewMarket China, Inc. (www.newmarketchina.com)

NewMarket China, Inc. is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.

Headquartered in Dallas with operations in Shanghai and Beijing, NewMarket China bridges the gap between Western and Eastern business cultures to assist western clients in realizing the advantages of the high quality, low cost technology products and services available from China. NewMarket China also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

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

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.

NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.

NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.

About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)

NewMarket Latin America is a consolidated subsidiary of NewMarket Technology providing world class systems integration services through relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and many more. NewMarket Latin America has major customers in various sectors such as Oil and Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries.

NewMarket Latin America delivers solutions to regional customers in addition to specializing in helping US clients expand their businesses and operations into one of the fastest growing economic regions in the world. NewMarket Latin America has offices and operations throughout Latin America.

NewMarket Latin America also identifies emerging technologies developed within the region and brings those latest technologies to market worldwide. These innovations help clients grow their businesses and gain a new competitive advantage.

"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.

Contact Information: Contact: NewMarket Latin America, Inc. Investor Relations 214-722-3065 ir@newmarketlatinamerica.com www.newmarketlatinamerica.com