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NewMarket Technology, Inc. to Publicly List VoIP Subsidiary with Estimated $10 Million in Annual Revenue and Issue Dividend to NewMarket Shareholders Concurrent with Listing.

NewMarket to Dividend 10% of VoIP Subsidiary and Report Record Profit on $70 Million in 2006 Revenue After Receiving $0.78 PPS Recommendation vs. Current $0.36 PPS

DALLAS -- NewMarket Technology, Inc. (OTCBB:NMKT) today announced immediate plans to publicly list its VoIP subsidiary, IP Global Voice, Inc., which the company acquired in 2003. IP Global Voice is led by CEO Peter Geddis. Mr. Geddis, a former Executive Vice President and Chief Operating Officer of Qwest Communications (NYSE:Q), has more than 25 years experience in the telecommunications industry in senior positions at Sprint Nextel Corp. (NYSE:S), British Telecom (BTQ.FSE), and Pacific Bell, now part of AT&T, Inc. (NYSE:T). IP Global Voice has grown from concept in 2003 to an estimated $10 million in current annual revenue breaking through to initial profitability. IP Global Voice does business today as Xiptel Communications.

The independent public listing of emerging market technology subsidiaries is a key aspect of NewMarket's now more than four-year-old strategy to construct a next generation technology incubator. By independently listing emerging market technology subsidiaries, NewMarket achieves two substantial benchmarks. First, the independent listing creates a dedicated public capital structure to support next round financing necessary to continue growing the subsidiary and developing its emerging technologies. Second, the independent listing creates an interim return on investment opportunity for NewMarket shareholders through the dividend distribution of subsidiary stock. "Interim" because NewMarket shareholders can sell distributed stock in the subsidiary company but still enjoy the future benefit from the subsidiary's continued growth through NewMarket's ongoing controlling interest in the newly listed subsidiary.

NewMarket independently listed its first emerging market technology subsidiary in the forth quarter of 2006, NewMarket China (OTCBB:IICP). NewMarket's Chinese subsidiary expects to report over $20 million in revenue for 2006 and has forecasted a 100% increase in revenue in 2007 to $40 million.

NewMarket has also recently announced two transactions underway which will result in the independent listing of two additional emerging market technology subsidiaries. NewMarket has signed a binding letter of intent (LOI) agreement to combine its Latin America operations into Paragon Financial Corp. (OTC:PGNF) with NewMarket becoming the majority shareholder in Paragon Financial. The corporate name will change to NewMarket Latin America. NewMarket's Latin America operations in Brazil, Chile and Venezuela currently have over $20 million in profitable annual revenue. A 50% increase in 2007 revenue has been forecasted to $30 million, including net income.

NewMarket and Diamond I, Inc. (OTCBB:DMOI) have entered into a LOI agreement to consolidate Wi-Fi technology assets with $10 million in revenue forecasted in 2007. NewMarket will be the majority shareholder in Diamond and the companies will pursue Wi-Fi opportunities within multiple industries.

NewMarket has also announced plans to create a publicly listed intellectual property subsidiary in which the company will consolidate existing and yet-to-be acquired intellectual property still under development.

The IP Global Voice independent listing will differ from the three previous listing initiatives currently underway. NewMarket has engaged securities counsel to file with the SEC to directly list IP Global Voice publicly, rather than conducting a reverse merger transaction. The dividend distribution of 10% of IP Global Voice stock to NewMarket shareholders will be conducted concurrently with the listing of IP Global Voice.

NewMarket Technology finished last year meeting its forecast of $70 million in revenue for 2006 with record profits, subject to review by an independent auditor. The company has forecasted $120 million in profitable revenue for 2007.

Separately, Beacon Equity Research in the fourth quarter issued an independent analyst report rating NewMarket as an "Outperform" with a fair market value of $0.78 PPS compared to the current $0.36 PPS. The research report is accessible at

To be added to the NMKT e-mail list for updates and press releases, please send an e-mail to

About NewMarket Technology, Inc. (

NewMarket assists 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.


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.
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Publication:Business Wire
Date:Jan 30, 2007
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