NewMarket Technology, Inc. and NewMarket China, Inc. Announce Dr. Jiang Hongwei (James) as President of Chinese Operation with $40 Million in Forecasted 2007 Revenue.

Dr. Jiang to Present at London Global Equities Conference March 7

DALLAS -- NewMarket China, Inc. (OTCBB:IICP) CEO and President John Verges today announced Dr. James Jiang as the President of the Chinese operation headquartered in Shanghai, China. In the fourth quarter of 2006, NewMarket Technology, Inc. (OTCBB:NMKT) independently listed its Chinese operations through the acquisition of Intercell International, Inc. and a subsequent reorganization. NewMarket China is now a publicly listed subsidiary of NewMarket Technology and provides systems integration and emerging technology products and services to the Chinese market and between China and the rest of the world.

Dr. Jiang has been advising NewMarket for more than two years and has been instrumental in NewMarket's progress in China. Dr. Jiang has successfully lead NewMarket in building revenue to approximately $20 million in 2006 from domestic sales in China with a forecast representing 100% growth to $40 million in 2007 revenue.

Dr. Jiang has over 18 years of information technology, wireless and senior management experience, including CEO level positions. His management resume includes posts with various multinational firms including British Telecom Laboratory, GaozhiSoft, Singapore Technologies and Telular Corp. Dr. Jiang has extensive knowledge of GSM/GPRS systems and architecture, 3G wireless communications and Internet technologies. In 1996, he developed and launched AirTrak, China's first e-commerce service to deliver commerce information from the Internet via a wireless network, and was chief architect of a dynamic web content cache engine and mobile application platform. He holds two patents in Viterbi Decoding and Dynamic Contents Extraction, and is a World Bank Scholar.

As President and Chief Executive Officer of GaozhiSoft, Inc., a leading OSS/BSS software company, Dr. Jiang grew the company by developing proprietary software unique to the Chinese market for servicing China Mobile (NYSE:CHL) and China Unicom (NYSE:CHU). Dr. Jiang was also the Technical Director for a world leading fixed wireless product company, Telular Corp. Inc. (Nasdaq:WRLS), in the United States as well as managing all the technical activities throughout Asia Pacific. From 1992 to 1998, Dr. Jiang was Research and Development Director for Singapore based company, PCI Ltd. (Singapore Stock Exchange: 101345).

Dr. Jiang was awarded his Ph.D. in Digital Mobile Communications from the University of Birmingham in England and his M.S. in Digital Systems from the Cranfield Institute of Technology in England. He earned his B.S. in Electronics from Jiaotong University and was a lecturer at the Shanghai Science & Technology University.

London Global Equities Conference March 7

Dr. Jiang will join NewMarket Technology CEO Philip Verges at the Global Equities Conference in London on March 7 at The Landmark London Hotel. The Global Equities Conference will include formal presentations and panel discussions where members of the financial community, including portfolio managers, analysts, fund managers, brokers, investment bankers, and individual investors, meet with select senior management of publicly held and privately held companies.

About NewMarket China, Inc. (www.newmarketchina.com)

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 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 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 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 helps clients maintain 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), SAP (NYSE:SAP), Siebel (Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW). 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. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.

"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.