Subsidiary of NewMarket Technology, Inc. Awarded Contract By Civil Aviation Authority of Singapore; Infotel Subsidiary Contract Valued Over US$1 Million.

DALLAS -- NewMarket Technology, Inc. (OTCBB:NMKT) announced today that its wholly owned subsidiary, Infotel, was awarded a contract worth more than US$1 Million by the Civil Aviation Authority of Singapore (CAAS). CAAS is the regulatory authority for the aviation industry in Singapore and is the operator of Singapore Changi Airport. Changi has consistently been voted Best Airport in the World by international organization as well as the readers of international magazines.

The contract is for the Relocation and Maintenance Services of Singapore Changi Airport's Vessel Height Measurement System (VHMS). The project encompasses the relocation of the current electronic vessel height monitoring sensors and computer equipment to the new Operations Center. This will be followed by the provision of 24 X 7 system maintenance services until 2008.

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. After the second quarter of 2004, NewMarket has booked over $10 million in revenue and achieved a revenue run rate of more than $40 million.

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.