NewMarket Technology (fka NWMT)

[Telephonics]

American Airlines, Avis and Royal Sonesta Hotel Offering Special Discounts to Attendees


DALLAS, TX--(MARKET WIRE)--Oct 24, 2006 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) recently announced their Annual Town Hall to be held in New Orleans on December 7, 2006, at 3:30 pm CST. The Town Hall meeting will be held at the centrally located Royal Sonesta Hotel (http://www.sonesta.com/neworleans_royal/). In addition, NewMarket has arranged for discounted airfare on all flights to New Orleans on American Airlines from across the country between Dec. 5 - Dec. 10, 2006. To receive the discounted rate, attendees should go to www.aa.com or call American Airlines Group Services at 1-800-433-1790. When making your reservation, please use discount code "A64D6AO."
In addition to discounted rates with American Airlines, NewMarket has also arranged for discounted rates with Avis Rental Car and the Royal Sonesta Hotel. To book a car with Avis, please go to www.avis.com or call 1-800-331-1600. When making your reservation, please use Avis Worldwide Discount (AWD) number "J995226." To reserve a room at the Royal Sonesta Hotel, please mention "NewMarket" to receive the discounted rate of $149 per night. Reservations at the Royal Sonesta must be made by Nov. 6, 2006, to receive this special group rate.

At the Town Hall, the company will review 2006 performance, and plans to continue rapid growth in 2007 to $120 million in profitable annual revenue. The company will also discuss the proposed transaction with Action Products International, Inc. (NASDAQ:APII - News). Presentations will also include detailed information on the Company's global operations in Asia and Latin America. The role of the small and micro cap markets within NewMarket's overall vision to change current technology research and development practices will be featured in the presentations. NewMarket CEO Philip Verges "encourages shareholders to come enjoy New Orleans hospitality, get updated on the progress of NewMarket, and witness the redevelopment initiative underway in New Orleans."

After discussions with the City Government of New Orleans, NewMarket is aware of the multiple opportunities to be garnered by playing a leadership role in the economic redevelopment of New Orleans. Donna Addkison, New Orleans Director of Economic Development, will join NewMarket at the Town Hall to discuss the opportunities that exist throughout the city.

If you have any further questions, or would like to RSVP to the Annual Town Hall please contact Whitney Marks at 214.722.3052 or [e-mail].