NewMarket Technology (fka NWMT)

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Diamond I in Preparation to Serve as Platform for NewMarket's Wireless Broadband Offerings


Company's Efforts in Re-Establishing Wireless Internet Business Attracting Interest From Business Contacts



LAS VEGAS, NV--(MARKET WIRE)--Apr 27, 2007 -- Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, including the GS2(TM) wireless hand-held gaming unit and the WifiCasino(TM) wireless gaming system, released an update to shareholders on its activities as it prepares to serve as the platform for the plans of NewMarket Technology (OTC BB:NMKT) for Diamond I to offer wireless broadband services.
David Loflin, CEO of Diamond I, Inc., said, "In undertaking activities preliminary to the full-scale re-establishment of the company's wireless Internet access business, we are very encouraged that many business contacts in that industry segment have expressed strong interest in the company's plans for the future. We look forward to pursuing these business leads as we finalize our business plan going forward."

NewMarket has previously announced that it plans to consolidate its own Wi-Fi-related assets into Diamond I as part of a broader plan to build a comprehensive wireless broadband offering with applications in multiple market segments. Initially, the municipal government and casino/gaming sectors will be targeted. In addition, NewMarket has announced that it is in the process of acquiring a majority interest in Texas-based RedMoon Broadband (see http://www.redmoonbroadband.com/) to further strengthen NewMarket Broadband products and services (currently Diamond I). RedMoon Broadband is a leader in municipal Wi-Fi and has designed, engineered and deployed wireless mesh network solutions, providing high-speed Internet service, security surveillance, automatic meter reading and mobile broadband for municipalities.

NewMarket has projected first-year revenue forecast of approximately $10 Million with the combined Wi-Fi assets of Diamond I and NewMarket. The Diamond I name will be changed to NewMarket Broadband, Inc. and the ticker symbol will change by during the second quarter of 2007.

Interested investors and shareholders will be added to the DMOI corporate e-mail list after sending an e-mail to [e-mail].

About Diamond I, Inc. (www.wificasino.net)

"Voice-Print" and "Finger-Print" Technologies. Diamond I owns the rights to patent-pending voice-recognition and fingerprint 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. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz.

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.