NewMarket Technology and Gaozhi Communications to Present at NewMarket Shareholder Town Hall on Plans in China for $10 Million in Revenue

Business Wire, Dec 8, 2004

DALLAS -- NewMarket and Gaozhi Announce 2nd Investor Trade Mission to China in January; China Plans To Be Presented Next Week in San Francisco, Los Angeles and Irvine

NewMarket Technology Inc. (OTCBB:NMKT) and Gaozhi Communications of Shanghai, China will present plans for organic growth and a merger and acquisition strategy in China at the 3rd Annual NewMarket Shareholder Town Hall on December 9th. Plans for China in 2005 will also be presented to interested investors next week in San Francisco on December 13th, Los Angeles on the 14th, and Irvine on the 15th. Interested investors should contact Jessica Burnett at jburnett@newmarkettechnology.com for more details or to schedule a meeting time with NewMarket CEO Philip Verges.

Trade Mission to China

NewMarket and Gaozhi will lead a second Investor Trade Mission to China scheduled for the week of January 17th. NewMarket has already established operations in China and has a goal of duplicating the Company's U.S. revenue growth record in China. NewMarket recently led a Trade Mission to China in October and the overwhelmingly positive response compelled NewMarket to organize a January Trade Mission.

NewMarket's Chinese Partners

NewMarket has entered into a definitive letter of agreement to acquire Gaozhi Communications in Shanghai, China. Gaozhi Communications is currently operated by Gaozhi Science and Technology Development Ltd. NewMarket will acquire a majority interest in Gaozhi Communications for cash and Gaozhi Science and Technology will remain as the second largest shareholder.

NewMarket 2004 Performance Highlights

NewMarket recently announced record revenue in the 3rd quarter of this year with a 1,117% revenue increase to $7.87 million in the third quarter of 2004 versus $669,000 for third quarter 2003. This substantial sales growth is due to both the acquisition of existing business operations as well as the organic sales growth of those business operations post acquisition. For the first nine months of 2004, revenue increased 1,055% to $18.15 million compared to $1.72 million for the corresponding period in 2003. The Company realized a profitable net income of $513,000 for the third quarter versus a second quarter 2004 loss of $75,000.

NewMarket Shareholder Town Hall

NewMarket Technology, Inc. has scheduled on December 9th the third annual Shareholder Town Hall Meeting intended as a venue to review with shareholders the details regarding the Company's 2004 performance and business plan for 2005. NewMarket is on track to achieve $24 million in booked revenue for 2004. Based on the Company's sales pipeline and corporate plans, NewMarket will attain $75 million in profitable revenue in 2005. A preview of what can be expected at the Annual Town Hall Meeting can be heard in a recent audio interview of CEO Philip Verges by the Wall Street Reporter (www.wallstreetreporter.com).

The Town Hall Meeting will begin at 2:00 pm CST in Dallas at the Westin Galleria Hotel. The meeting is open to shareholders, analysts, media and the investment community-at-large. NewMarket has negotiated a discounted room rate at the Westin for out of town meeting attendees for the night of Dec. 9th. The Company is encouraging an overnight stay so attendees can also participate in a Dec. 10th morning tour of NewMarket's business operations local to the Dallas area. The Company will host a casual dinner for all attendees after the Town Hall meeting on the evening of Dec. 9th.

Contact Information

Those interested in attending the Shareholder Town Hall Meeting, or attending one of the CEO's NewMarket China Presentations next week, or in participating in the January Trade Mission can contact Jessica Burnett at 972-386-3372 ext. 3063 or at jburnett@newmarkettechnology.com for more information. An updated PowerPoint presentation on NewMarket Technology is available by request at ir@ipvoice.com. In addition, the PowerPoint Presentation used at the recent Atlanta Homeland Defense Conference is available from ir@ipvoice.com.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)

In 2002, NewMarket launched a business plan to continuously introduce emerging communication technologies to market. The plan included a financing model for early technologies and an approach to creating economies of scale through a specialized service and support organization intended specifically for the emerging technology industry. The Company posted six consecutive profitable quarters through 2003 and established an annualized $15 million in revenue. In 2004, the Company diversified its communications technology offering into the healthcare and homeland security industries with the respective acquisitions of Medical Office Software Inc. and Digital Computer Integration Corp. The Company has expanded sales into Asia and Latin America through the acquisitions of Infotel Technologies in Singapore and RKM IT Solutions of Caracas, Venezuela.

This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.