NewMarket Technology, Inc. Sees Continued Growth With Oracle Projects and Anticipates Positive Results to Be Announced for 3rd Quarter

DALLAS, TX--(Marketwire - October 29, 2008) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) today announced the Company's Brazilian subsidiary UniOne is currently implementing an Oracle Siebel CRM project that is scheduled to wrap up in December. The contract was closed in May of this year and supports the implementation of the Sales, Services and Marketing modules of the Siebel CRM software. The client is a Brazilian association focused on ethical and social development within Brazil and other countries around the world.

Management has recently published a letter to shareholders discussing the Company's preparations to bolster against possible slowdowns as a result of current economic conditions (http://biz.yahoo.com/iw/081021/0444926.html). Management also conducted a Webcast to further review the Company's outlook in reaction to economic conditions (http://www.investorcalendar.com/IC/CEPage.asp?ID=136484). In the meantime, projects such as this Brazilian Oracle Siebel CRM project remain on track. NewMarket's UniOne is one of the top Oracle partners in Latin America with over fourteen years in the information technology business.

NewMarket currently maintains its goal of $120 million in profitable revenue for 2008. In 2007, NewMarket reported $93.1 million in revenue with $7.3 million in net income across all its operations. Management anticipates releasing results for the third quarter that reflect the Company's ongoing growth.

UniOne's Operations

UniOne has offices in Brazil and Chile and provides Business Intelligence (BI), Enterprise Resource Planning (ERP), Business Performance Management (BPM), Customer Relationship Management (CRM) and Services Oriented Architecture (SOA) consulting services throughout Latin America. For more information on UniOne, please visit www.unione.com.br.

Corporate E-mail Updates

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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 systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, 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.

The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.

"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 ir@newmarkettechnology.com 214-722-3065 www.newmarkettechnology.com