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NewMarket Technology, Inc. Announces Official Partnership with Chinese Government to Promote $3 Billion Chinese Software Industry in North America.


John Verges, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of NewMarket's Chinese Subsidiary, is Keynote Speaker at Chinese Offshore Software Engineering Program Annual Conference Dec. 19

DALLAS -- NewMarket Technology, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:NMKT) today announced being named as an official partner to the Chinese Government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
  • Chinese Soviet Republic
  • Provisional Government of the Republic of China
  • Reformed Government of the Republic of China
 to promote the Chinese Software industry in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . NewMarket will be introduced as an official partner to the Chinese Government at the COSEP 2006 Annual Conference, which will be held on Dec. 19, 2006. COSEP stands for Chinese Offshore Software Engineering Program

COSEP was started in 2004 by Torch Center, the Chinese government agency in charge of advocating technology industries. COSEP is considered the most important Chinese government initiative to promote the Chinese software industry in the European and North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 markets. The mission of COSEP is to build four "public platforms" for Chinese software firms in respect to training, sales and marketing, pre-competitive technology development, and financing. In the past few years, COSEP has qualified about 100 pilot Chinese software companies to receive support from the program's public platforms.

Besides COSEP, Torch Center also monitors and supports 29 software parks around China which house software companies contributing more than 60% of all Chinese software revenue. More than 40% of those software park companies are also exporting software development. China currently has a $17 billion software development industry exporting $3 billion in software development annually outside of China, primarily to Japan.

"NewMarket has been working with the Torch Center for months to develop this partnership," said Philip Verges, CEO of NewMarket Technology, Inc. "The partnership with Torch is just the first step in an overall plan between Torch and NewMarket to bring Chinese software development services to North America. This partnership enables NewMarket to bring tremendous business opportunities to both Chinese software companies and North American clients with great potential to expand our own business and client base."

CEO of Intercell International Corporation (OTCBB:IICP IICP Increased Intracranial Pressure ), NewMarket's independently listed Chinese subsidiary, John Verges, will attend the COSEP conference and give a keynote speech keynote speech
n.
See keynote address.

Noun 1. keynote speech - a speech setting forth the keynote
keynote address

keynote - the principal theme in a speech or literary work
. Intercell's Chinese operation, headquartered in Shanghai, China, expects to report over $20 million in 2006 revenue and has forecasted revenue growth of $40 million in 2007.

Learn more about NewMarket and its operating subsidiaries at http://www.newmarkettechnology.com/about-newmarket-china.htm or contact Whitney Marks at 214.722.3052 or wmarks@newmarkettechnology.com.

Deloitte Fast 500 Award

Deloitte recently announced NewMarket Technology is ranked fifth on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

To be added to NewMarket's corporate e-mail list for shareholders and interested investors, please send an e-mail to ir@newmarkettechnology.com.

About Intercell International Corporation (to be renamed NewMarket China, Inc.) (http://www.newmarkettechnology.com/about-newmarket-china.htm)

NewMarket China, Inc. is a leader in the rapidly developing Chinese software engineering market, providing high quality outsourcing services to global customers. In addition, the firm is a systems integrator and value added reseller See VAR.

(company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software).
 of major global hardware brands in the Chinese domestic market. NewMarket China has established and continues to grow a highly capable network of Chinese IT Service partners providing domain expertise in telecommunications, multimedia, ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  and finance. Headquartered in Shanghai, NewMarket China bridges the gap between Western and Eastern business cultures to realize the advantages of the high quality, low cost technology products and services available in China. In doing so, the firm assists its clients in overcoming the challenge of taking a business global. NewMarket China comprehends the differences in business processes, communications and cultures between the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and China, and provides its clients with an established partner who provides a winning environment for global relationships and transactions. While most firms see China as merely a cost saving alternative, NewMarket China recognizes that China represents a huge growth opportunity for its customers and supports them in localizing their products and services, and in identifying complementary revenue streams within the Chinese Market.

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

NewMarket has combined a traditional systems integration and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other 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 MSFT Microsoft (stock symbol)
MSFT Movimento Sociale Fiamma Tricolore (Italy)
MSFT Multi-Stage Fitness Test
MSFT Master of Science in Family Therapy
MSFT Macalester Students for Fair Trade
), Cisco Systems (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol)
CSCO Chief Supply Chain Officer
) and Sun Microsystems (Nasdaq:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA)
SUNW Stanford University Network Workstation (Sun Microsystems, Inc) 
). Concurrently, 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 delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore.

"SAFE HARBOR Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 18, 2006
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