NewMarket Technology (fka NWMT)

[Telephonics]

Extension Filed Due to Corporate Initiatives with Spin-Off of NewMarket China and Currency Adjustments; Conference Call Scheduled

DALLAS--(BUSINESS WIRE)--NewMarket Technology, Inc. (OTCBB:NMKT) today announced preliminary third quarter financial results of more than $18 million in revenue and net income over $1 million. The company has filed an extension to provide additional time for final accounting.
Philip Verges, CEO of NewMarket Technology, said, "We are very confident of our preliminary numbers and pleased that these numbers represent cumulative revenue for the first three quarters of 2006 exceeding the total revenue for all of 2005. We have just successfully completed our first public listing of a consolidated subsidiary operation. Our Chinese operation with over $20 million in annualized revenue has been reorganized into Intercell International, Inc. This is a major benchmark for NewMarket in the ongoing development of our plan to continually list consolidated subsidiary operations that establish operational traction that warrants an independent listing. The accounting work associated with the Chinese operation reorganization and listing has been more time consuming than originally anticipated." He continued, "We have also had additional increased transaction activity in the third quarter and early fourth quarter. Although we are well aware that it is preferable to file within the required time constraints, we have decided it would be prudent to take advantage of the filing extension option to more thoroughly review our financial report in light of the increased activity. We continue to be on track to meet our forecast of $70 million in profitable revenue for 2006. We look forward to releasing the full report of our third quarter performance in the coming days."

Philip Verges and Philip J. Rauch, CFO of NewMarket Technology, will conduct an audio webcast on Monday, November 20, 2006, at 4:30 p.m. EST to review the third quarter financial results. The call is being webcast by Vcall and can be accessed at NewMarket Technology's website at www.newmarkettechnology.com. Investors can also access the webcast at http://www.vcall.com/IC/CEPage.asp?ID=111561. The webcast will be archived and available on the NewMarket website for replay for three months.

Separately, shareholders and interested investors are encouraged to attend the NewMarket Technology Annual Town Hall December 7th in New Orleans to learn more about the Company's business plan, review 2006 performance and plans to continue rapid growth into next year with a forecasted $120 million in profitable annual revenue for 2007. For details on times, venue and discounted travel arrangements available to attendees please visit www.newmarkettechnology.com. If you have any further questions, or would like to RSVP to the NewMarket Technology Annual Town Hall please contact Whitney Marks at 214.722.3052 or [e-mail].

To be added to NewMarket's corporate e-mail list for shareholders and interested investors, please send an e-mail to [e-mail].