NewMarket Technology, Inc. Management to Present Corporate Update in New York City on November 14 to Review Progress Toward $120 Million Revenue Forecast


DALLAS, TX--(Marketwire - November 5, 2008) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) management has scheduled a corporate update presentation for interested shareholders and potential investors on Friday, November 14, 2008 in New York City. Additionally, NewMarket management is scheduled to present a corporate update in Boca Raton, Florida, the week of November 17th. A reservation is required to attend the presentations. Interested parties should contact NewMarket Investor Relations at ir@newmarkettechnology.com or 214-722-3065 to reserve a seat.

NewMarket Technology Projects and 2008 $120 Million Revenue Forecast

NewMarket has forecasted $120 million in revenue for 2008. In 2007 the Company reported $93.1 million in revenue with $7.3 million in net income. Some projects supporting the Company's goals include:

NewMarket Technology, Inc. Announces $5.6 Million Contract to Provide Microsoft Managed Services

NewMarket Technology, Inc.'s Recently Completed CRM Implementation for L'Oreal Brazil Featured by Oracle

Avon -- Unione and Hyperion project highlighted on Oracle.com: http://www.oracle.com/customers/snapshots/avon-chile-hyperion-snapshot.pdf

ING Chile -- Unione and Hyperion project highlighted on Oracle.com: http://www.oracle.com/customers/snapshots/ing-chile-hyp-snapshot.pdf

NewMarket Technology, Inc. Contracted by Microsoft to Provide System Center Solutions for Petrochemical Company

NewMarket Technology, Inc. to Provide Microsoft Services for 481 Banesco Universal Bank Branches

NewMarket Technology, Inc. Implements Another Oracle Hyperion Planning and Financial Management Project for Brazil Telecom S.A.

NewMarket Ranked #7 in Deloitte Texas Fast 50

Monday, the Company announced it has been named seventh in Deloitte's prestigious Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003-2007.

NewMarket CEO Philip M. Verges credits the Company's emerging market strategy and success in building robust operations in South America and Asia with the Company's 3,867 percent revenue growth from 2003-2007.

Companies from the regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast50.com.

Recent Beacon Equity Research Report

In October, Beacon Equity Research released an analyst report recommending the Company's stock as a 'Speculative Buy' at $0.54. The Beacon Equity Research report is available at:

http://www.beaconequity.com/main/Covered-Companies/New-Market-Technology-Inc/%28showAs%29/short

Corporate E-mail Updates

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

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 ir@newmarkettechnology.com 214-722-3065 http://www.newmarkettechnology.com