NewMarket Technology, Inc. Announces Investment Bank Advisor on Management Buyback Plan to Purchase Up to 10 Million Shares

DALLAS, TX--(Marketwire - March 24, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) today announced executing a strategic consulting agreement with an investment bank advisor to counsel the Company on its plan to align share price with operational performance, to include management's plan to purchase up to 10 million shares over the next three months. Further details on the agreement with the investment bank advisor and the planned management buyback will be discussed in the Company webcast scheduled for Friday, March 27, 2009. The webcast is scheduled to preview the Company's upcoming 2008 financial report due March 31, 2009. Management anticipates reporting record revenue for 2008. In 2007, the Company reported its highest sales ever with $93.1 million in revenue and $7.3 million in net income, and the Company's revenue for the trailing twelve months as of September 31, 2008 exceeded $100 million. Management also anticipates that the 2008 annual report will demonstrate ongoing operating margin improvements.

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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 systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, 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.

The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.

"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 Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com