NewMarket Affiliates RedMoon Inc. and Xiptel Combine Forces to Deliver First Production Wireless VoIP Business Solution

NewMarket Technology Inc. (OTCBB:NMKT) today announced launching its first Voice over Internet Protocol (VoIP) business service solution delivered via a broadband wireless network. The Company has implemented the wireless VoIP solution in its Dallas, Texas headquarters and plans to demonstrate the home office solution to prospective clients. The wireless VoIP solution is an exceptionally efficient telephone solution combining the savings of both a VoIP service and a wireless final mile connection. NewMarket anticipates its wireless VoIP solution will accelerate telephone service sales growth to the small and medium business market. This will provide an ideal solution for the initial implementation of telephone service in developing economic regions globally that have not had telephone service previously available.

The wireless VoIP solution represents the combined services of NewMarket affiliates RedMoon Inc. and Xiptel. NewMarket currently owns a 25% stake in RedMoon Inc. The wireless VoIP solution is delivered across RedMoon’s city-wide mesh network installed last year for the City of Addison, Texas. The City of Addison not only utilizes the city-wide mesh network for vital municipal services, but also enables the RedMoon managed service to be available on a subscription basis to its 100,000 plus citizens and daily visitors. Addison has implemented one of the nation’s first city-wide mesh networks where broadband access is available virtually anywhere in the city, from parks to restaurants to businesses (www.moonoveraddison.com). Addison is a model for the modern connected city.

Xiptel is a NewMarket subsidiary. The wireless VoIP solution is delivered through Xiptel’s turnkey VoIP service offering. Xiptel was launched in 2003 and has grown from a start-up to almost $10 million in annualized revenue. Xiptel posted its first profit in the last reported quarterly period. Xiptel provides business VoIP solutions beginning at $14.95 per month (www.xiptel.com).

“Per capita income varies directly with per capita communications,” said Philip Verges, CEO of NewMarket Technology. “Wireless VoIP is a very cost effective telephone service solution and we expect it to sell well in North America where wireless mesh networks become available. Wireless VoIP is the telephone service solution for the masses and will enable developing economic countries and regions that have never had access to telephone service to rapidly increase per capita communications. We have been simultaneously developing a sales infrastructure and refining our emerging communication technology solutions. We anticipate over $20 million in sales respectively from each of our existing operations in Latin America and Asia before the introduction of a wireless VoIP solution. The successful implementation of a wireless VoIP solution in Dallas is significant in moving us one step closer to a long-term objective of providing solutions to developing countries while building profitability for NewMarket.”

About RedMoon Inc. (www.redmoonbroadband.com)

RedMoon Inc., one of the nation’s leading providers of mobile data network systems, specializes in the engineering, design, construction and maintenance of city-wide mesh and fixed wireless networks. RedMoon provides wireless high-speed Internet service, as well as support and billing management systems. RedMoon focuses its expertise on the deployment of mobile broadband networks that cover all aspects of Public Safety, including Police, Fire and EMS. RedMoon’s unique MetroMesh technology provides full coverage, enabling city agencies to access the tools necessary to efficiently handle both emergency and non-emergency situations. NewMarket Technology (OTCBB:NMKT) is currently a RedMoon equity partner holding a minority ownership position in RedMoon.

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). 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’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. NewMarket recently announced that it ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket’s revenue increased 18,082 percent during this period.

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.