NewMarket Technology, Inc. to Issue One Dividend for Every One Share of Stock with Closing of SAI Acquisition and Reorganization into Claire Coast Corporation

Tuesday December 12, 10:22 am ET

http://biz.yahoo.com/bw/061212/20061212005727.html?.v=1 

Company Releases Details Regarding Acquisition of SAI with 23 Patents and Reorganization into Public Subsidiary 20% Directly Owned by Shareholders

DALLAS--(BUSINESS WIRE)--NewMarket Technology, Inc. (OTCBB:NMKT - News) today published details regarding the company's plan to issue one dividend for each share of NewMarket Stock in conjunction with the acquisition of Silicon Aquarius Incorporated (SAI). Microchip Technology, Inc. (Nasdaq:MCHP - News) is currently a 20% stakeholder in SAI. Philip Verges, CEO and Chairman of NewMarket Technology, Inc., said: "NewMarket's mission is to continuously introduce new technologies to market. The purpose of the dividend issue is to provide NewMarket shareholders with a direct long-term interest in those technologies to be introduced in the future. Management is enthusiastic about the potential of the 23 patents given our ability to produce cost-effective innovative telecommunication products with our resources in China." NewMarket recently listed its Chinese operating subsidiary with a revenue forecast of $40 Million for FY2007 in a transaction with Intercell International Corporation (OTCBB:IICP - News). Intercell is now an independently listed, consolidated subsidiary of NewMarket and is in the process of changing its name to NewMarket China. Details of the Acquisition, Reorganization and Dividend Issue NewMarket has a letter of intent (LOI) agreement to purchase controlling interest in SAI. NewMarket also has a LOI agreement to purchase controlling interest in Claire Coast Corporation. Claire Coast is a publicly registered development stage company that has not yet been listed. Information on Claire Coast is available at www.sec.gov. NewMarket plans to reorganize SAI into Claire Coast and issue one share of Claire Coast to every holder of one share of NewMarket Stock. Neither the acquisition of SAI nor Claire Coast will involve any commitment of NewMarket stock now or in the future. The company anticipates the transaction to close before the end of First Quarter, although the company is pushing for a January closing. NewMarket will announce the distribution date for the dividend immediately upon the close of the acquisition. NewMarket Common Stock Inventory Reconciliation and No Reverse Split NewMarket is not planning a reverse split in conjunction with this transaction. On the contrary, management is enthusiastic about the ancillary positive effects associated with a one for one dividend distribution. "NewMarket's issued and outstanding has increased gradually since 2002 in conjunction with the execution of the business plan," said Philip Verges. "Given the nature of the prevailing electronic stock trading environment, the electronic inventory of shares can become disorganized in varying degrees. In other words, there may not be one physical certificate to match to every electronic certificate. An incidental excess of electronic certificates can create an artificial elevated supply of stock and a corresponding decrease in share price. An exercise such as the issue of a dividend will require the reconciliation of electronic and physical certificates and eliminate any incidental supply of shares that might be having a negative impact on the current share price." About Silicon Aquarius Incorporated Silicon Aquarius Incorporated is a Texas Corporation founded in 1996 to design advanced Memory Technologies and products for the high-speed packet needs of the voice, data and video communications industry, as well as the graphics and imaging industry. The silicon designs focus on "system on silicon solutions" and can be configured for embedded and stand-alone products. Microchip Technology, Inc. (Nasdaq:MCHP - News) is currently a 20% stakeholder in SAI. Silicon Aquarius' Area of Focus The communications industry continues to be one of the most innovative and demanding markets for memory. The need to transport, sort and manage packets of information, no matter what its form, will require large amounts of memory on Network Processors/coprocessors and system components. The efficiency at which such large amounts of data are transported is highly contingent upon the memory technology used by the industry in their systems. This can be accomplished by the use of Silicon Aquarius's low random cycle latency, highly scalable memory architectures in the integrated circuits and systems designed by the manufacturers of these products. Technology Silicon Aquarius' intellectual property currently consists of twenty-three patents issued to date with additional inventions filed and in process at the at the US Patent and Trademark Office (USPTO). (Silicon Aquarius, Inc. Patents) Design Team G. R. Mohan Rao is Founder, Chairman, CEO and President of SAI. SAI has assembled an outstanding senior management and technical team which will offer customers a broad and sophisticated array of services including product design. SAI's design team collectively has over 50 years of DRAM, SRAM, EPROM and Flash EPROM design experience. The team also has embedded graphics controller, transistor and system level design expertise. Jointly, the team holds over 100 patents. Deloitte's 2006 Technology Fast 500 NewMarket Technology recently 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. This is the third consecutive year that NewMarket has been ranked on Deloitte's Technology Fast 500. NewMarket is the fastest growing company in Texas on the Fast 500 ranking and the first Texas-based company to make the Top 5 since 2001. NewMarket Technology continues to maintain a rapid growth rate with $70 million in revenue forecasted this year and $120 million forecasted in 2007.

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 - News), Cisco Systems (Nasdaq:CSCO - News), SAP (NYSE:SAP - News), Siebel (Nasdaq:ORCL - News) and Sun Microsystems (Nasdaq:SUNW - News). 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.