DENVER, CO, Oct. 20, 2009 (Marketwire) --

DENVER, CO -- (Marketwire) -- 10/20/09 -- Worldwide Strategies, Inc. (OTCBB: WWSG) today announced that the Company is scheduled to release a strategic update Webcast Thursday, October 22, to review recent updates on the planned transaction between Worldwide and NewMarket Technology, Inc. (PINKSHEETS: NWMT). Former Dallas Federal Reserve Chairman and Retired Major General Hugh G. Robinson, a board member of NewMarket, is slated to host the presentation.

Worldwide has announced an agreement with NewMarket whereby NewMarket will merge its operations headquartered in Brazil with Worldwide. NewMarket's operation in Brazil has approximately $20 million in annual revenue. The planned transaction with Worldwide would result in an independent listing of NewMarket's Brazilian operation, while the financial results of the operation in Brazil would continue to be consolidated into the NewMarket financial statement.

NewMarket's systems integration operation in Brazil is an Oracle partner with fourteen years experience in the region and a portfolio of over 300 customers, including Wal-Mart Brazil, DHL, Embraer, Avon, L-Oreal, Hitachi, and Brasil Telecom. The technology operation focuses on providing Business Intelligence (BI) as well as Enterprise Resource Planning (ERP), Business Performance Management (BPM), Customer Relationship Management (CRM), Services Oriented Architecture (SOA) and Database Administration (DBA) consulting services.

Board Member Retired Major General Hugh G. Robinson

Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a retired Major General with a distinguished career serving in the United States Army. Among other prestigious posts, Mr. Robinson served as President Lyndon Johnson's military aide de camp. In addition to his public service experience, Mr. Robinson's career has included extensive executive management experience with senior positions at Southland Corporation and City Place Development Corporation. He is a graduate of the United States Military Academy at West Point and earned a Masters Degree in Civil Engineering from the Massachusetts Institute of Technology (MIT). In addition to his role at NewMarket Technology, Mr. Robinson currently serves on the board of Carmax, Inc., the LBJ Foundation and the Better Business Bureau.

Worldwide CEO Letter to Shareholders

Last week, Worldwide CEO James Samuels released a letter to shareholders. The letter is addressed to the shareholders of NewMarket and NewMarket Latin America, Inc. as well as the shareholders of Worldwide. Mr.