NewMarket Technology, Inc. Reports Continued Managed Services Strategy Success and Oracle Contract With Multi-Billion

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Tue Aug 5, 2008 12:03pm EDT

  DALLAS, TX, Aug 05 (MARKET WIRE) -- 
NewMarket Technology, Inc. (OTCBB: NMKT) today announced signing a
contract with Obrascon Huarte Lain, S.A. (OHL). OHL is a new client for
the Company and with this initial contract NewMarket's Brazilian
subsidiary UniOne will supply OHL with Oracle's Standard Edition One
Database license. OHL, which reported 2007 revenues of nearly $4 billion,
is an international construction and engineering firm based in Spain.
OHL's primary focus is on construction and infrastructure as well as
public works maintenance and repair for both the public and private
sector.

    Managed Services Strategy

    NewMarket launched a strategy earlier this year to transition the
Company's revenue to recurring revenue from long-term Managed Services
contracts and customer relationships. The objective of the Managed
Services strategy is to improve the Company's value by extending the
average length of customer relationships and contracts and improving the
efficiency of regional operations through the consolidation of back
office functions. The recurring revenue from Managed Service contracts
generally receives substantially higher price to sales and price to
earnings valuations than revenue from shorter term client relationships.
This is because Managed Service revenue is in essence, a foundation of
sales that can be built upon, rather than a sale that has to be renewed
more frequently. The managed services business was explained in detail in
a PowerPoint Webcast that can still be viewed at
http://biz.yahoo.com/cc/4/93884.html.

    Recent Managed Services Contracts

    Since launching the Managed Services strategy, some NewMarket customers
have approved the announcements of long-term Managed Services contracts.
Most notable is the Company's recent announcement of a $10.5 million,
three-year contact with WBA Telecommunications (news) and a $4 million,
three-year contract with Movistar, a division of Telefonica (news). The
Company is continuing to build its Managed Services business by signing
long-term service contracts and will continue to announce these
accomplishments upon customer approval.

    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:
NewMarket Technology, Inc.
Investor Relations
ir@newmarkettechnology.com
214-722-3065
www.newmarkettechnology.com

Copyright 2008, Market Wire, All rights reserved.

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