NewMarket Technology (fka NWMT)

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NewMarket Technology, Inc. Posts Letter to Shareholders on Corporate Website



NewMarket CEO Discusses Mutual Benefits of Proposed Transaction with Action Products International



DALLAS, TX, October 19, 2006 – NewMarket Technology, Inc., (OTCBB:NMKT) today announced that a Letter to Shareholders was posted on the Company's website (www.newmarkettechnology.com) regarding the recently announced non-binding Letter of Intent (LOI) between NewMarket Technology and Action Products International, Inc. (NASDAQ:APII).

In the letter, Philip Verges, CEO of NewMarket Technology, discusses the significant expected benefits to both companies and their shareholders should the current LOI progress to a completed transaction. Both NewMarket Technology and Action Products are interested in informing their respective shareholders of the financial intricacies of the current LOI, along with the future potential of the combined companies.



Philip Verges, CEO and Chairman of NewMarket Technology, and Ron Kaplan, CEO and Chairman of Action Products International, conducted an audio webcast on Wednesday, October 18, 2006, to review the details and mutual benefits of the transaction. They also addressed pre-submitted shareholder questions and concerns regarding the LOI.

The webcast has been archived by Vcall and is available for replay on NewMarket Technology's website at www.newmarkettechnology.com.

The webcast can also be accessed at http://www.vcall.com/IC/CEPage.asp?ID=110228.



Shareholders and interested investors who would like to be added to NewMarket's corporate e-mail list for press releases and updates should send an e-mail to [e-mail].