DALLAS, TX -- (MARKET WIRE) -- 08/28/07 -- NewMarket Technology, Inc. (OTCBB: NMKT) will conduct a Webcast, Thursday, August 30, 2007 to review year to date sales growth and progress toward breaking $100 million in revenue for the year. NewMarket reported $77.6 million in revenue in 2006 with $5.9 million in net income. The Company reported $21.9 million in revenue for the second quarter of 2007, reflecting a 30% increase in revenue over the second quarter of 2006. Net income for the second quarter was $606,406, a 26% increase over $481,502 for the same period last year. Management reports that NewMarket is on track to realize over $100 million in profitable revenue in 2007 and potential to reach $120 million in revenue.
NewMarket management will conduct a Webcast Thursday, August 30, 2007 at 4:30 PM EDT to discuss NewMarket's emerging technology strategy, financial performance details year to date and the sales outlook for the rest of the year. The Webcast will feature the regional CEOs from the NewMarket Latin America (PINKSHEETS: NLAI) and NewMarket China (OTCBB: NMCH) subsidiaries.
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