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There is important news coming from NewMarket Technology, Inc. (PINKSHEETS: NWMT), as the company has just announced its second major outsourcing agreement signed this year. Yesterday after the markets closed, the company and NewMarket Colombia, SAS, a wholly-owned foreign subsidiary headquartered in Bogota, Colombia, announced a three-year, $33 million outsourcing agreement with WBA (Wireless Broadband Access) Telecommunications, S.A. of Bogota, Colombia, under which WBA will outsource substantially all of its current operations to NewMarket Colombia.

This is NewMarket's second major outsourcing agreement signed this year. NewMarket previously announced a similar agreement in Shanghai, China earlier this year. Approximately $25 million of NewMarket's $95 million in annual revenue reported in 2008 came from Latin America through the Company's operations in Brazil, Chile and Venezuela.

"We are excited to enter the Colombian market with WBA and expand our reach in Latin America," stated President of Managed Services, Bruce Noller. "We believe NewMarket's financial and operational resources combined with WBA's existing Information Technology and Telecommunications expertise can lead WBA to winning larger contracts with private and public clients."

Francisco Teran, President of WBA, stated, "We believe that because of NewMarket's track record of experience and presence in Latin America we will be able to offer an even greater array of services in Colombia and throughout the region."

The stock closed yesterday at Fifty Three cents a share.

For an in-depth profile of NewMarket Technology, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=NWMT_082409.
CIO, CTO & Developer Resources

Dell Inc (NASDAQ: DELL) down 1.4% on 26.1 million shares traded.

Dell Inc. listens to customers and delivers innovative technology and services they trust and value.

Apple Inc. (NASDAQ: AAPL) up 0.2% on 11.5 million shares traded.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

Market Commentary:

Oil News: U.S. crude oil dropped $2.32 to settle at $72.05 a barrel, down from a high of $75, in the biggest percentage loss since August 14. Brent crude dropped $2.44 to $71.82.

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