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NewMarket Technology, Inc. Announces $33 Million Outsourcing Agreement with WBA (Wireless Broadband Access)

8/31/09 - NewMarket Technology, Inc. (PINKSHEETS: NWMT) is a reporting company with audited financial reports filed with the SEC. On Tuesday September 1st, Board Member Hugh G. Robinson, Retired Major General and Former Chairman of the Dallas Federal Reserve, is scheduled to host a strategic update in an on-demand Webcast. The Webcast will include a review of the Company's $95 million in revenue in 2008, $100 profitable revenue forecast, recent Microsoft contracts and $63 million in new business.

Earlier this week, NewMarket announced a three-year, $33 million outsourcing agreement with WBA (Wireless Broadband Access) Telecommunications, S.A. of Bogota, Colombia. This is NewMarket's second major outsourcing agreement signed this year. NewMarket previously announced a similar agreement in Shanghai, China earlier this year for $30 million. A link for accessing the on-demand Webcast is scheduled to be available on the Company's website Tuesday, September 1.

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.

By Robert Hoskins

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