NewMarket Technology, Inc. to Present Updated Growth Plan in 12:00 PM EDT Webcast Tomorrow and Review Recent Beacon $0.54 Speculative Buy Recommendation

DALLAS, TX--(Marketwire - October 23, 2008) - NewMarket Technology, Inc. (PINKSHEETS: NMKT) will conduct a Webcast Friday, October 24 at 12:00 pm EDT. CEO Philip Verges will provide an update on management's considerations in reaction to the prevailing economic conditions. As a preview to tomorrow's presentation, Mr. Verges stated:

"Today at NewMarket, it is business as usual. The economic crisis has not changed our objectives. Business as usual for NewMarket is ongoing aggressive growth. Yes, our share price is much lower than we would all like to see it. Yes, I believe the prevailing economic environment is having an impact on our share price. The current crisis in our national equity and debt markets has affected everyone from Main Street to Wall Street. However, we feel this can also bring great opportunities for a company like NewMarket."

In the presentation, Mr. Verges will address measures the Company is taking to bolster against the economic crisis as well as measures the Company is taking to seize opportunities created by the economic crisis.

On Friday, October 17, 2008, Beacon Equity Research released an analyst report recommending the Company's stock as a 'Speculative Buy' at $0.54. While the recommendation has been made based on the Company's fundamental performance, the prevailing market environment remains difficult. Mr. Verges will address the report in his presentation. The Beacon Equity Research report is available at:

http://www.beaconequity.com/main/Covered-Companies/New-Market-Technology-Inc/%28showAs%29/short

Corporate E-mail Updates

To be added to NewMarket Technology's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir@newmarkettechnology.com or call 214-722-3065.

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