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NewMarket Technology, Inc.: NewMarket Technology, Inc. Announces $5.1 Million Contract to Kick Off 2009 Sales

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^{Published in Science and Technology on Saturday, December 6th 2008 at 11:47 GMT by Market Wire}  

DALLAS, TX--(Marketwire - December 5, 2008) - NewMarket Technology, Inc. (PINKSHEETS: [ NMKT ]) today announced the Company's first major contract slated for 2009. The $5.1 million contract will be fully executed during the 2009 calendar year. Separately, a long-term managed services contract will follow to provide maintenance and to support the communication system to be installed.

"In the face of a miserable economy and concerns about the future, we wanted to share this good news with all shareholders," said Philip M. Verges, NewMarket CEO. "The customer, of course, does not want to announce their technology strategy or project budget and is understandably not included in this announcement. Accordingly, we would ordinarily not put out an announcement at all. However, we want all our shareholders to know business is moving forward. This is a great way to get ready to kick off 2009, with our first major contract with a new customer executed before 2009 is even here."

NewMarket Managed Services

Earlier this year, NewMarket announced a consolidation of the Company's global technology service operations to support the growth of the Company's recurring revenue business. The Company is working to convert repeated customer business into recurring managed services revenue. NewMarket has a base of recurring customers globally that the Company expects to retain next year in addition to today's newly announced contract.

CEO Letter to Shareholders

Yesterday, CEO Philip M. Verges released a letter to shareholders. The letter discusses the opportunity created by the current financial industry crisis for small public issuers such as NewMarket. The letter further addresses NewMarket's specific opportunities within the financial industry crisis. The letter is available in its entirety at [ http://biz.yahoo.com/iw/081204/0457905.html ].

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.