NewMarket Latin America (fka NLAI)

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NEWS

NewMarket Technology, Inc. to Announce Second Independent Public Listing of a Subsidiary Operation at Presentation in Boca Raton, Florida, Tomorrow
BusinessWire - February 12, 2007 3:47 PM ET


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NewMarket Technology, Inc. (OTCBB:NMKT) will present tomorrow in Boca Raton, Florida, with additional presentations to follow on Wednesday in Atlanta, Georgia, and Thursday in New York, New York. An overview of three of the company's subsidiary operations will be presented to include business plans and revenue forecasts. At the meeting, NewMarket plans to announce the completion of a transaction that will result in the independent public listing of another one of the three subsidiary operations.

NewMarket sells technology products and services throughout North America, China, South East Asia and South America. The independent public listing of consolidated subsidiaries is an integral component of NewMarket's long-term plan to continuously introduce new technologies to new markets.

NewMarket China, Inc. Forecasted 2007 Revenue of $40 Million

NewMarket has already completed the public listing of the company's Chinese subsidiary, NewMarket China (OTCBB:NMCH). NewMarket's Chinese subsidiary expects to report over $20 million in revenue for 2006 and has forecasted a 100% increase in revenue in 2007 to $40 million.

NewMarket Latin America, Inc. Forecasted 2007 Revenue of $30 Million

NewMarket has announced a binding letter of intent (LOI) agreement to combine its Latin America operations into Paragon Financial Corp. (OTC:PGNF) with NewMarket becoming the majority shareholder in Paragon. NewMarket currently has over $20 million in profitable annual revenue from its Latin America operations and has a 2007 revenue forecast of $30 million with net income.

NewMarket Broadband, Inc. Forecasted 2007 Revenue of $10 Million

NewMarket and Diamond I, Inc. (OTCBB:DMOI) have entered into a letter of intent agreement to consolidate Wi-Fi technology assets with $10 million in revenue forecasted in 2007. NewMarket will be the majority shareholder in Diamond and the companies will pursue Wi-Fi opportunities available in various sectors. With the addition of NewMarket's resources, a unique opportunity exists with Diamond's proprietary encrypted hand-held gaming system targeted at the casino and gaming industry. Substantial revenue enhancement is offered to the gaming industry with wireless gaming. Wireless gaming does not require the gaming participants to be on the casino floor in order to gamble, yet provides the encryption and security necessary to abide by gaming regulations.

To facilitate the expansion, NewMarket recently announced an LOI agreement to acquire a majority interest in its affiliate Wi-Fi operation, RedMoon, Inc. RedMoon has designed, engineered and deployed mesh network solutions, providing high-speed Internet service, security surveillance, automatic meter reading and mobile broadband for municipalities.

In 2006, RedMoon and Chevron Energy Solutions, a Unit of Chevron Corporation (NYSE:CVX), signed a contract with the City of Burleson, Texas, to construct a wireless broadband network and implement an automatic water meter reading pilot project. http://www.chevronenergy.com/news_room/default.asp?pr=pr_20060329.asp

Tomorrow and This Week - NewMarket Presentations on Independently Listed Subsidiaries

NewMarket Technology will present business plans for three of its publicly listed, or soon to be listed, subsidiaries. Anyone interested in attending the presentations, please RSVP to [e-mail] or 214-722-3052.

Boca Raton, Florida
Tomorrow
4:30 p.m. EST
Boca Raton Marriott

Atlanta, Georgia
Feb. 14, 2007
4:30 p.m. EST
Grand Hyatt Atlanta Buckhead

New York, New York
Feb. 15, 2007
4:30 p.m. EST
Hilton Times Square

Further information on time and location of the presentations is available on the company website's News & Events page at http://www.newmarkettechnology.com/news-and-events.htm#Events.

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

About NewMarket China, Inc. (www.newmarketchina.com)

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 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), Cisco Systems (Nasdaq:CSCO), SAP (NYSE:SAP), Siebel (Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW). 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.

SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.
Rick Lutz, Investor Relations, 404-261-1196
[e-mail]
www.newmarkettechnology.com