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NMKT - NewMarket Technology, Inc. Named One of Fastest-Growing Technology Companies in Texas by Deloitte Texas Crescent Technology Fast 50 Program
NewMarket To Exceed 1000% Year to Year Growth From 2.3 Million in Revenue in 2003 to 24 Million in 2004
9/27/2004 10:06:00 AM

DALLAS, Sep 27, 2004 (BUSINESS WIRE) -- NewMarket Technology, Inc. (NMKT) was named by Deloitte & Touche USA LLP to the Texas Crescent Technology Fast 50, an awards program that ranks Texas technology companies by revenue growth over a five-year period. The Fast 50 program is presented by Deloitte & Touche in association with law firm Haynes and Boone, NASDAQ and Comerica Bank.


"We are honored to be recognized by Deloitte and Touche and privileged to share the Fast 50 award with the impressive list of companies that received the same recognition," said Philip Verges, CEO of NewMarket Technology Inc. "The award is a well deserved tribute to the employees of NewMarket that have not only endured a tough technology market but went the extra distance to excel. The NewMarket shareholders must also be applauded. The Company's success over the last five years would have been impossible without the enduring support of loyal shareholders."

NewMarket recently announced increasing its 2004 booked revenue forecast from $20 million to $24 million as a result of this organic growth and the integration of recently closed acquisitions. The first six months of 2004 showed revenue exceeding $10 million in revenue with a small second quarter loss of $75,000. The Company forecasts a profitable annualized revenue run rate of over $50 million by the end of 2004 and meeting an annualized revenue run rate forecast of $100 million within the next twelve months. The current NewMarket sales pipeline of over $25 million to be realized over the next year provides management with the confidence in its most recent revenue forecast.

Interested shareholders and investors are invited to request the updated NewMarket Technology PowerPoint Presentation at [e-mail]

Winners of the regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit www.fast500.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)

In 2002, NewMarket launched a business plan to continuously introduce emerging communication technologies to market. The plan included a financing model for early technologies and an approach to creating economies of scale through a specialized service and support organization intended specifically for the emerging technology industry. The Company posted six consecutive profitable quarters through 2003 and established an annualized $15 million in revenue. In 2004, the Company diversified its communications technology offering into the healthcare and homeland security industries with the respective acquisitions of Medical Office Software Inc. and Digital Computer Integration Corp. The Company has expanded sales into Asia and Latin America through the acquisitions of Infotel Technologies in Singapore and RKM IT Solutions of Caracas, Venezuela. After the second quarter of 2004, NewMarket has booked over $10 million in revenue and has achieved a revenue run rate of over $40 million.

This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.

SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc.
Investor Relations, 404-261-1196
Email: [e-mail]


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