NewMarket Technology (fka NWMT)

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Press Release Source: NewMarket Technology, Inc.

NewMarket Technology, Inc. Enters 2007 with Estimated Record Profit and $70 Million in 2006 Revenue and $0.78 PPS Recommendation vs. Current $0.35 PPS
Thursday January 4, 11:29 am ET
Company Announces 2007 $120 Million Profitable Revenue Forecast

DALLAS--(BUSINESS WIRE)--NewMarket Technology, Inc. (OTCBB: NMKT - News) finished 2006 meeting its forecast of $70 million in revenue for 2006 with record profits, subject to review by an independent auditor. The Company has forecasted $120 million in profitable revenue for 2007. Yesterday, the common stock of NewMarket traded over 2 million shares exceeding its daily trading volume average and the share price closed above the 200 day moving average. In the 4th quarter of 2006, Beacon Equity Research issued an independent analyst report rating NewMarket as an "Outperform" with a fair market value of $0.78 PPS compared to the current $0.35 PPS.

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Record Financial Performance

NewMarket has already reported $53.2 million in revenue for the first nine months of 2006, up 53% from $34.8 million reported in the first nine months of 2005. The Company also reported a 57% increase in net income before currency translation ($2.3m v. $1.6m) and gross profit up 14% ($15.0m v. $13.2m) in the first nine months of 2006 over the first nine months in 2005.

Beacon Equity Research Values NewMarket at $0.78 PPS vs. Current $0.35

Beacon Equity Research released an independent analyst report in the 4th quarter of 2006 rating NewMarket as an "Outperform." Beacon calculated a conservative fair market value of $0.78 per share for NewMarket common stock compared to NewMarket's current $0.35 PPS. Beacon derived the fair market value utilizing both a discounted cash flow analysis, as well as discounted peer comparison.

The fair market value calculation does not take into consideration the potential impact of NewMarket's equity income and shareholder dividend strategy. NewMarket has recently listed one consolidated subsidiary, NewMarket China, Inc. (OTCBB:IICP - News), and has two letter of intent (LOI) agreements in place to create two additional publicly listed subsidiaries.

NewMarket announced an LOI agreement to combine its Latin American operations into Paragon Financial, Inc. (OTC:PGNF - News) and an LOI agreement with Diamond I, Inc. (OTCBB:DMOI - News) to combine operations with NewMarket's Wi-Fi operations.

Anyone interested in receiving a copy of Beacon Equity Analyst Research Report, may visit their website at http://www.BeaconEquityResearch.com or email [e-mail].

5th Fastest Growing Tech Company in North America on Deloitte Fast 500

In acknowledgement of the company's rapid growth, NewMarket has recently been ranked fifth in Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America, and the number one fastest growing company in Texas. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005.

About NewMarket China, Inc. (formerly Intercell International Corporation) (http://www.newmarkettechnology.com/about-newmarket-china.htm)

NewMarket China, Inc. is a leader in the rapidly developing Chinese software engineering market providing high quality outsourcing services to global customers. In addition, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market. NewMarket China has established and continues to grow a highly capable network of Chinese IT Service partners providing domain expertise in telecommunications, multimedia, ERP and finance. Headquartered in Shanghai, NewMarket China bridges the gap between Western and Eastern business cultures to realize the advantages of the high quality, low cost technology products and services available in China. In doing so, the firm assists its clients in overcoming the challenge of taking a business global. NewMarket China comprehends the differences in business processes, communications and cultures between the United States and China, and provides its clients with an established partner who provides a winning environment for global relationships and transactions. While most firms see China as merely a cost saving alternative, NewMarket China recognizes that China represents a huge growth opportunity for its customers and supports them in localizing their products and services, and in identifying complementary revenue streams within the Chinese Market.

About Diamond I, Inc. (http://www.wificasino.net/)

Diamond I owns the rights to patent-pending voice-recognition and finger-print biometric security technologies. These security technologies will be incorporated into Diamond I's WifiCasino GS wireless, hand-held gaming system, as well as the hand-held gaming unit to be employed by the Global Gaming Platform venture.

Diamond I, Inc. is a development-stage company that develops wireless gaming products, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as "WifiCasino"(TM), which includes the GS2(TM), the user-friendly wireless hand-held unit. With the passage of Nevada Law AB471, which authorizes the use of mobile communication devices for gaming in public areas in Nevada casinos, Diamond I seeks to secure a Las Vegas hotel/casino to serve as the demonstration site for its WifiCasino, in conjunction with its application for a gaming license in Nevada. To that end, in a letter of intent, The Palms Resort and Casino has agreed to continue to develop a working relationship relating to Diamond I's WifiCasino and, assuming Diamond I continues to meet certain standards, The Palms stated that it intends to pursue an opportunity with Diamond I. Diamond I continues to seek venues in which to establish its WifiCasino system, including other U.S. casinos and horse and dog racing facilities. Diamond I has had preliminary discussions with certain owners of cruise ships, certain owners of horse racing facilities in the United States and dog and horse racing facilities outside the United States.

About Paragon Financial Corporation (www.pgnf.com)

Paragon Financial Corporation has been a financial services business focused on the acquisition of companies that originate mortgages loans or provide other financial services. Subsequent to the recent sale of its Paragon Homefunding subsidiary, acting management is currently exploring a range of alternative business strategies to maximize shareholder value.

About NewMarket Technology, Inc. (http://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 integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT - News), Cisco Systems (Nasdaq:CSCO - News), SAP (NYSE:SAP - News), Siebel (Nasdaq:ORCL - News) and Sun Microsystems (Nasdaq:SUNW - News). Concurrently, NewMarket continuously seeks to acquire undiscovered 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 global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.

"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.