NewMarket China, Inc. CEO Reviews Profitable First Quarter 2008 20% Revenue Increase to $8.5 Million in Webcast Yesterday

DALLAS, TX--(Marketwire - May 22, 2008) - NewMarket China, Inc. (OTCBB: NMCH) CEO John T. Verges conducted a Webcast yesterday to review first quarter 2008 financials. The Company recently reported $8.5 million in Q1 2008 revenue, a 20% increase in revenue over Q1 2007, and $97k in net income before currency translation compared to a $16k loss for the same period last year. An archive of the call can be accessed at

Webcast Highlights

--  Revenue and Net Income growth by quarter since Q1 2006
--  Balance Sheet and Statement of Operations highlights and discussion
--  Shareholder Equity and Total Asset growth
--  2008 $50 million revenue forecast
--  Possible augmented revenue forecast from acquisitions actively being
    sought in North America and Asia
--  Focus on improving fundamental financial performance

Financial Report Highlights

--  Working capital up 100% over Q1 2007 ($4.54m v. $2.27m)
--  Revenue up 20% from Q1 2007 ($8.5m v. $7.1m)
--  Total Assets up 34% from Q1 2007 ($8.5m v. $6.3m)
--  Shareholders' Equity Increased 55% over Q1 2007 ($3.3m v $2.1m)
--  Net Income (before currency translation) up from Q1 2007 ($97k v. -

Corporate E-mail Updates

To be added to NewMarket China's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to or call 214-722-3065.

About NewMarket China, Inc. (

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.


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 China, Inc. Investor Relations 214-722-3065