NewMarket Latin America, Inc. Updates Shareholders on Progress to Meet or Exceed $30 Million Profitable Revenue

* Reuters is not responsible for the content in this press release.

Tue Aug 5, 2008 9:17am EDT

  DALLAS, TX, Aug 05 (MARKET WIRE) -- 
NewMarket Latin America, Inc. (PINKSHEETS: NLAI) today released a letter
to shareholders from CEO Aubrey Brown. The letter reports the Company's
progress year-to-date towards meeting or exceeding its $30 million
profitable revenue forecast for 2008. Mr. Brown further updates
shareholders on the Company's progress to upgrade the NewMarket Latin
America listing to the Over the Counter Bulletin Board Exchange (OTCBB)
and complete the consolidation of all operations into the Company. The
letter is included in its entirety below:

    Dear Fellow Shareholders:

    The Company is well on track to meet or exceed the $30 million revenue
forecast guidance issued by management for the fiscal year 2008.
Year-to-date sales have been better than anticipated, and in addition to
possibly increasing our revenue guidance, the Company is confidently on
track to realizing a healthy profit.

    Here are some recent sales highlights:

    NewMarket Latin America, Inc. Announces $10.5 Million Contract and Issues
Update on Consolidation and Listing Upgrade

    NewMarket Latin America, Inc.'s UniOne Consulting Implements Oracle's
BIEE for Brazilian Distribuidora de Medicamentos Santa Cruz

    NewMarket Latin America, Inc. Announces RKM IT Solutions' Microsoft
Annual Sales Increase of 235%

    NewMarket Latin America, Inc. Announces RKM IT Solutions' Multi-Year
Microsoft Enterprise Agreement With Electricidad de Caracas

    NewMarket Latin America, Inc. Announces UniOne Consulting's
Multi-Continent Contract With $10 Billion Global Mining Leader Anglo
American

    NewMarket Latin America, Inc. Announces RKM IT Solutions' Service
Expansion for Molina Agencia de Viajes Increasing Contract Revenue by 295%

    NewMarket Latin America, Inc. Announces UniOne's Completion of Oracle's
Hyperion Business Intelligence Implementation for Movistar

    NewMarket Latin America, Inc. Announces RKM IT Solutions' Sale of a
Microsoft License for Workstations and Servers to Seguros Venezuela, C.A.

    NewMarket Latin America, Inc. Announces RKM IT Solutions' Sale of
Microsoft License to Banco Real, Banco de Desarrollo, C.A.

    NewMarket Latin America, Inc. Announces UniOne's Oracle Hyperion Project
for Chile Ministry of Education

    NewMarket Latin America, Inc. Announces UniOne Oracle Project Highlights
for ING Chile

    As you can see from the announcements highlighted above, sales have
progressed well this year and we do not see a slow down. In fact, we
anticipate sales to increase throughout the balance of the year in keeping
with our historical seasonality in which our largest sales have occurred
in the third and fourth quarter of the year.

    While sales are going well, we are behind in our anticipated
reconstitution of NewMarket Latin America, Inc. and the planned upgraded
listing. The Company is in the process of consolidating systems
integration operations in Brazil, Chile, and Venezuela. NewMarket Latin
America was formerly a financial service company with another name. As
part of a comprehensive purchase agreement, the Company's corporate name
has been changed to NewMarket Latin America, Inc. and the former
company's delinquent filings are being updated and filed to bring the
organization current with Security and Exchange Commission requirements.
The public reporting compliance update has taken longer than anticipated.
I will not make excuses for the delay. We simply underestimated the
required effort, but we expect to complete the process this year. The
systems integration operations currently doing business as NewMarket
Latin America are also planned to be formally consolidated into the
reconstituted company this year. Once the compliance update and
consolidation are complete, the Company will take the necessary steps to
upgrade its listing to the Over the Counter Bulletin Board (OTCBB)
Exchange.

    Thank you for your interest in NewMarket Latin America. Thank you also,
for your support. I look forward to providing you future updates and
reporting an overall record year for the Company in 2008.

    Best Regards,

    Aubrey Brown

    For more information, please contact NewMarket Latin America Investor
Relations at ir@newmarketlatinamerica.com or 214-722-3065.

    Company Updates and Information

    To be added to NewMarket Latin America's e-mail database for shareholders
and interested investors or to receive information on the Company, please
send an e-mail to ir@newmarketlatinamerica.com.

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

    NewMarket Latin America provides 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 deliver solutions to regional customers in
addition to specializing in helping U.S. 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:
NewMarket Latin America, Inc.
Investor Relations
214-722-3065
ir@newmarketlatinamerica.com

Copyright 2008, Market Wire, All rights reserved.

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