NewMarket Technology, Inc. and NewMarket China, Inc.'s Dr. Larry Xianghong Wu to Present at "China in the World Economy" Global Business Forum at Baylor University

DALLAS, TX--(Marketwire - February 7, 2008) - NewMarket Technology, Inc. (OTCBB: NMKT) and NewMarket China, Inc. (OTCBB: NMCH) today announced that Dr. Larry Xianghong Wu has been invited to present at Baylor University's upcoming "China in the World Economy" Global Business Forum scheduled for February 25-29, 2008. Dr. Wu currently serves as Vice President of Chinese Business Development for NewMarket Technology and as Vice President of Business Development for the Company's regional subsidiary, NewMarket China.

NewMarket China's Growth to Approximately $40 Million in 2007 Revenue

NewMarket China has grown to approximately $40 million in 2007 revenue. NewMarket China reported $29.5 million in revenue in 2006, and has reported $27.9 million for the first three quarters of 2007. NewMarket China provides technology products and services in China and between China and the United States.

"China in the World Economy" Global Business Forum at Baylor University - Waco, Texas, February 25-29, 2008

The "China in the World Economy" Global Business Forum is hosted by the McBride Center for International Business at Baylor University and will feature Chinese scholars and economic experts discussing China's impact on the United States, Europe and developing economies.

The forum is part of a week of events related to "China in the World Economy" and the agenda can be found at http://www.baylor.edu/business/international/index.php?id=44208. The majority of the events are free and open to the public, however registration may be required for some events and can be completed at http://www.baylor.edu/business/international/index.php?id=52547.

Dr. Larry Xianghong Wu

Dr. Wu was appointed Vice President of Business Development for NewMarket China and its parent company, U.S.-based NewMarket Technology, Inc., in 2006, after more than two years of representing NewMarket Technology in Beijing, China. Dr. Wu joined NewMarket Technology after serving in the Chinese State Council Research Office as a Senior Advisor to the Premier, Mr. Wen Jiabao. Prior to his position at the State Council Research Office, Dr. Wu worked in Washington D.C. at the Chinese Embassy as a Secretary for Science and Technology. In this position, he led Chinese efforts to promote technology and telecommunications trade and investment, as well as research and development collaborations between Chinese and American companies. Dr. Wu is a published author in his field with three books and numerous articles, which include U.S. publications in Business Week and Red Herring. Most recently, Dr. Wu was named one of "50 Business Opinion Leaders" in June 2006 "Talents" Magazine in China. Dr. Wu holds a PhD in Public Policy on Science and Technology from Renmin University of China.

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

NewMarket China, Inc. is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.

Headquartered in Dallas with operations in Shanghai and Beijing, NewMarket China bridges the gap between Western and Eastern business cultures to assist western clients in realizing the advantages of the high quality, low cost technology products and services available from China. NewMarket China also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

About NewMarket Technology, Inc. (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 such as Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire 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 network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.

NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.

"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.

Contact Information: Contact: NewMarket Technology, Inc. Investor Relations 214-722-3065 ir@newmarkettechnology.com www.newmarkettechnology.com