NewMarket Technology (fka NWMT)

[Telephonics]

NewMarket Technology Inc. (OTCBB:NMKT, $0.36)--Chart below-- Traded 6.2 Million shares yesterday (highest trading volume in two years) on a Company press release on strategy of pending spinoffs (see below), valuation discussion and recent research report on NMKT indicating target price of $0.90 (http://www.otclive.com/NMKT_Initiation_Report.pdf).

Trading volume today OVER 2 Million in first 90 minutes.

National exchange listed companies with comparable revenue (and some being unprofitable and growing slower than NMKT) are trading at a Price to Sales ratio of more than 2X Revenue vs. NMKT (profitable and growing rapidly) trading at a Price to Sales ratio of less than 1X Revenue.

NEAR-TERM CATALYSTS FOR NMKT

2005 Annual Report due out in next 9 days (March 31) expected to show 100% revenue growth in 2005 over 2004 and an increase in net income (First three quarters of 2005 showed $1.2 Million in income)
Conference call with potential investors and shareholders to be conducted by the CEO and CFO after CEO returns from trade mission to China (about April 9)
First Quarter, 2006 expected in 55 days (May 15) --Management expects revenue growth forecast for 2006 to be increased
First revenue impact of recent acquisition in Latin America (2005 revenues of $14 Million) will be in First Quarter filing

Public listing of subsidiary technology companies (spinoffs) this year will allow NMKT:

concentrated capital formation to support continued subsidiary growth without dilution of NMKT stock
dividend issues of publicly traded subsidiary stock to NewMarket shareholders
NewMarket profits increased through the monetization of subsidiary stock,
strengthening of the company's balance sheet through the company's ownership of marketable securities.

Broke through 50 Day Moving Average
200 Day Moving Average at $0.38
Under Accumulation
Large Blocks Traded