NewMarket Technology (fka NWMT)

[intercepter72]

Press Release Source: NewMarket Technology Inc.

http://biz.yahoo.com/bw/041104/45599_1.html

NewMarket Technology Announces 2nd Investor Trade Mission to China in January
Thursday November 4, 11:09 am ET
With 1000% 12 Month Growth in U.S. NewMarket Plans 2005 Repeat in China
CEO to Present NewMarket's China Plans in FL, CA and TX; Chinese Partners and Management to Present at Shareholder Town Hall Dec 9th


DALLAS--(BUSINESS WIRE)--Nov. 4, 2004-- NewMarket Technology Inc. (OTCBB:NMKT - News) announced plans today for a second Investor Trade Mission to China scheduled for the week of January 17th. In addition, NewMarket will realize better than 1000% revenue growth in 2004 on an innovative business model that introduces promising new emerging technologies. The Company reported $2.3 million in profitable revenue in 2003 and will report over $24 million in revenue in 2004. NewMarket has already established operations in China and has a goal of duplicating the Company's U.S. revenue growth in China. NewMarket recently led a Trade Mission to China in October and the overwhelmingly positive response compelled NewMarket to organize a January Trade Mission.
ADVERTISEMENT


CEO's NewMarket China Presentation

In preparation for the January Trade Mission, Philip Verges, the CEO of NewMarket Technology, will present to interested investors on NewMarket's plans for China. Mr. Verges will present in Boca Raton on November 17th; San Francisco on December 13th and in Orange County on December 14th. Plans for China in 2005 will also be addressed at the Shareholder Town Hall in Dallas on December 9th. In Dallas, Mr. Verges will be joined by NewMarket's China business partners and the NewMarket China management team.

NewMarket's Chinese Partners

NewMarket has entered into a definitive letter of agreement to acquire Gaozhi Communications in Shanghai, China. Gaozhi Communications is currently operated by Gaozhi Science and Technology Development Ltd. NewMarket will acquire a majority interest in Gaozhi Communications for cash and Gaozhi Science and Technology will remain as the second largest shareholder.

NewMarket Shareholder Town Hall

NewMarket Technology, Inc. has scheduled on December 9th the third annual Shareholder Town Hall Meeting intended as a venue to review with shareholders the details regarding the Company's 2004 performance and business plan for 2005. NewMarket is on track to achieve $24 million in booked revenue for 2004. In the first six months of 2004, the Company exceeded $10 million in revenue with a second quarter loss of $75,000. The Company forecasts a profitable annualized revenue run rate of over $50 million by year-end. Based on the Company's sales pipeline and corporate plans, NewMarket will attain $75 million in profitable revenue in 2005. A preview of what can be expected at the Annual Town Hall Meeting can be heard in a recent audio interview of CEO Philip Verges by the Wall Street Reporter (www.wallstreetreporter.com).

The Town Hall Meeting will begin at 2:00 pm Central time in Dallas at the Westin Galleria Hotel. The Meeting is open to shareholders, analysts, media and the investment community-at-large. NewMarket has negotiated a discounted room rate at the Westin for out of town meeting attendees for the night of Dec. 9th. The Company is encouraging an overnight stay so meeting attendees can also participate in a Dec. 10th morning tour of NewMarket's business operations local to the Dallas area. The Company will host a casual dinner for all attendees after the Town Hall meeting on the evening of Dec. 9th.

Contact Information

Those interested in attending the Shareholder Town Hall Meeting, or attending one of the CEO's NewMarket China Presentations, or in participating in the January Trade Mission can contact LC Group at 404-261-1196 or at [e-mail] for more information. An updated PowerPoint presentation on NewMarket Technology is available by request at [e-mail]. In addition, the PowerPoint Presentation used at the recent Atlanta Homeland Defense Conference is available from [e-mail].

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.



--------------------------------------------------------------------------------
Contact:
NewMarket Technology, Inc., Dallas
Investor Relations, 972-386-3372 ext. 211
[e-mail]
www.newmarkettechnology.com
www.ipvoice.com



--------------------------------------------------------------------------------
Source: NewMarket Technology Inc.