NewMarket Technology, Inc. Announces Paul K. Danner as Managing Director of Company's Asian Operations With Approximately $40 Million in 2007 Chinese Revenue

DALLAS, TX--(Marketwire - February 5, 2008) - NewMarket Technology, Inc. (OTCBB: NMKT) today announced Paul K. Danner as Managing Director of Asian Operations. Many Asian countries, most notably China, represent some of the fastest growing economies in the world. Mr. Danner, based on his significant prior merger and acquisition experience, will lead and support NewMarket's effort to fully realize the company's business opportunities in the region. Working closely with local management, he will assist in organic business development activities as well. NewMarket's current business activities in Asia include the Company's subsidiary, Infotel Technologies, headquartered in Singapore, and the Company's publicly listed regional subsidiary, NewMarket China, Inc. (OTCBB: NMCH), headquartered in Shanghai and with 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. Additionally, the Company plans to actively explore merger and acquisition opportunities in a number of emerging Asian markets such as Vietnam, the Philippines, Laos, Cambodia, Malaysia, Thailand and Indonesia, among others, to expand their footprint in the region.

Before joining NewMarket, Mr. Danner was the Chief Executive Officer of Paragon Financial Corporation, an OTC Bulletin Board company he formed in 2001 to acquire financial services institutions. Prior to founding Paragon, Mr. Danner was employed by MyTurn.com, Inc., a NASDAQ-listed company, where he served in a variety of leadership roles including Chief Executive Officer. Previous corporate positions with a number of Fortune 100 technology companies including Control Data and NEC provided managerial and executive level experience in sales, marketing, operations, finance and manufacturing. Mr. Danner earned a Bachelor of Science degree in Business Finance from Colorado State University in 1979, and an MBA from Old Dominion University in 1986. From 1979 to 1985 Mr. Danner served on active duty with the United States Navy flying the F-14 Tomcat. Currently, he is a Captain in the United States Navy Reserve and is assigned as the Deputy Chief of Staff, Naval Air Systems Command Reserve Program at Naval Air Station Patuxent River, Maryland.

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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 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.

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.

"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