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NewMarket Technology Inc. Ranked 2nd of 41 Texas Companies Included in Deloitte's Technology Fast 500 Indicating Strong Tech Presence in Texas; Three Texas Companies Rank in top 20: SyChip, NewMarket Technology, and PreCash

Business Wire, Oct 19, 2005

DALLAS -- NewMarket Technology Inc. (OTCBB:NMKT) today announced that it ranked Number 2 out of 41 Texas companies on Deloitte's Technology Fast 500, a ranking of the fastest growing technology companies based on percentage fiscal year revenue growth over five years (2000-2004) by Deloitte & Touche USA LLP. The Fast 500 was issued today.

"Texas is clearly coming into its own as a technology center," said Skip Moore, regional managing partner, Technology, Media & Telecommunications, Deloitte & Touche LLP. "I am encouraged not only by the number of companies and higher rankings as compared to previous years, but also by the variety of industry sectors and representation of companies across the state." When compared with Massachusetts and Silicon Valley, acknowledged U.S. technology centers, Texas is tied with Massachusetts for most companies on the annual listing with 41 companies while Silicon Valley leads the list with 54 companies.

The number of Texas companies represented on Deloitte's Technology Fast 500 has increased every year since 2002, while the number of Silicon Valley companies on the list has declined.

Texas is tied with Silicon Valley for companies in the top 20 with three each. Massachusetts had none. The three top-ranked Texas companies are:

Number 10 - SyChip with 20,030 percent growth

Number 13 - NewMarket Technology Inc. with 18,082 percent growth

Number 18 - PreCash with 14,887 percent growth

Texas also had 21 repeat winners, which is more than the 18 repeat winners based in Massachusetts and just behind Silicon Valley's 25 repeat winners.

Included among the 41 Texas companies are 20 based in the Dallas/Fort Worth area, ten in Austin, seven in the Houston area, two in San Antonio and one each in San Angelo and San Marcos.

Measured by industry segment, 15 are software companies, 13 are communications/networking companies, three each are semiconductors and Internet companies, plus companies in scientific/technical instrumentation, medical equipment, biotechnology/pharmaceutical and computers/peripherals.

Fast 500 companies in Texas grew an average of 2,421 percent, compared with the national average of 2,408 percent. Growth percentages for the 2005 Technology Fast 500 winners ranged from 240 percent to 73,752 percent. The top five winners' average growth rate was 45,531 percent.

Texas beat out the average percent growth of 1,069 percent by Massachusetts companies, but was less than 2,832 percent average growth for Silicon Valley winners.

NuVasive, Inc. was named the fastest growing technology company in North America, with a revenue growth rate over five years of 73,752 percent, moving from revenues of $52,000 in 2000 to $38,403,000 in 2004.

The highest-ranked Texas company on Deloitte's Technology Fast 500 is SyChip, Inc. at number 10 with a revenue growth rate of 20,030 percent over five years. The Plano-based company develops and markets radio frequency chip scale modules for the mobile market.

Second highest-ranked Texas company is NewMarket Technology, Inc. of Dallas at number 13 with a revenue growth rate of 18,082 percent over five years. NewMarket Technology is focused on launching emerging technologies for today's business environment.

Third highest-ranked Texas company on the list is PreCash of Houston at number 18 with a revenue growth rate of 14,887 percent over five years. PreCash offers an electronic payment card that allows consumers to easily pay cash for prepaid and postpaid subscription-based service accounts.

Texas companies included on Deloitte's Fast 500 are listed below. For the complete Fast 500 list, visit http://www.fast500.com.

Qualifying Criteria for the Fast 500

The Fast 500 ranks the fastest growing technology companies in North America. It is compiled from Deloitte's 15 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Winners are selected based on percentage growth in revenues over five years (2000 to 2004). To be considered, Technology Fast 500 and Fast 50 entrants must meet the following criteria:

--Fiscal 2000 operating revenues of at least $50,000 USD or $75,000 CD; and 2004 operating revenues of at least $1 million USD or CD.

--Headquartered in North America and in business a minimum of five years.

--Must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.

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

NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with 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 to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO) and Sun Microsystems (Nasdaq:SUNW). At the same time, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. As a Systems Innovator, NewMarket has set itself apart from the systems integration market through the introduction of a technology business model that monetizes the value of emerging technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends.

 

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