EXHIBIT 10.1










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                      SECURITIES PURCHASE AGREEMENT


                                  By and Among:


       Diamond I, Inc., a Delaware corporation,  Diamond I Technologies,
       Inc., a Nevada corporation,  NewMarket Technology, Inc., a Nevada
       corporation,  and NewMarket Technology Acquisition Subsidiary,  a
       Nevada corporation


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                                TABLE OF CONTENTS



Section                                                                 Page
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I.       DEFINITIONS                                                     1

II.      DISCLOSURES                                                     2

III.     PURCHASE AND SALE OF SECURITIES                                 2

IV.      THE CLOSING                                                     3

V.       FURTHER AGREEMENTS                                              3

VI.      REPRESENTATIONS OF DIAMOND                                      4

VII.     REPRESENTATIONS OF DIAMOND TECH                                 7

VIII.    REPRESENTATIONS OF NEW MARKET                                   9

IX.      REPRESENTATIONS OF ACQUISITION SUB                             12

X.       INDEMNIFICATION                                                14

XI.      CONDITIONS PRECEDENT TO OBLIGATIONS                            15

XII.     MISCELLANEOUS                                                  17



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                          SECURITIES PURCHASE AGREEMENT

         This Securities Purchase Agreement is made as of the 8th day of March,
         2007,

                                  BY AND AMONG:

         DIAMOND I, INC., a Delaware corporation with an office located at 8733
         Siegen Lane, Suite 309, Baton Rouge, Louisiana 70810 ("Diamond");

         DIAMOND I TECHNOLOGIES, INC., a Nevada corporation with an office
         located at 8733 Siegen Lane, Suite 309, Baton Rouge, Louisiana 70810
         ("Diamond Tech");

         NEWMARKET TECHNOLOGY, INC., a Nevada corporation with an office located
         at 14860 Montfort Drive, Suite 210, Dallas Texas 75254 ("NewMarket");
         and

         NEWMARKET TECHNOLOGY ACQUISITION SUBSIDIARY, a corporation to be formed
         under the laws of the State of Nevada and wholly owned by NewMarket
         Technology, Inc., and to have an office located at 14860 Montfort
         Drive, Suite 210, Dallas Texas 75254 ("Acquisition Sub").


                                    WHEREAS:


         A.       NewMarket owns 100% of the presently issued and outstanding
                  equity of Acquisition Sub; and


         B.       NewMarket, through Acquisition Sub, desires to acquire voting
                  control of Diamond; and

         C.       The respective Boards of Directors of Diamond, Diamond Tech,
                  NewMarket and Acquisition Sub deem it advisable and in the
                  best interests of each such corporation that the transactions
                  contemplated herein be consummated pursuant to the terms and
                  conditions set forth in this Agreement;


WITNESSETH, THEREFORE, in consideration of the premises and the mutual
covenants, agreements, representations and warranties contained herein, and
other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto hereby agree as follows:


I.   DEFINITIONS


     Whenever  used in this  Agreement,  the  following  terms  shall  have  the
meanings set forth below, including the exhibit hereto or amendments hereof.


     (a)  "Acquisition   Sub"  shall  mean  NewMarket   Technology   Acquisition
Subsidiary, a Nevada corporation.

     (b)  "Agreement"  shall mean this  Securities  Purchase  Agreement  and all
scheduled and exhibits hereto or amendments hereof.


     (c)  "Closing"  shall mean the  completion,  on the  Closing  Date,  of the
transactions contemplated by this Agreement.


     (d) "Closing Date" shall mean the day on which all conditions  precedent to
the completion of the transaction as contemplated  hereby have been satisfied or
waived, but, in any event, no later than June 7, 2007.

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                                          SECURITIES PURCHASE AGREEMENT | PAGE 1

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     (e) "Diamond" shall mean Diamond I, Inc., a Delaware corporation.

     (f)  "Diamond  Tech"  shall mean  Diamond I  Technologies,  Inc.,  a Nevada
corporation.

     (g) "Knowledge of Diamond" or matters "known to Diamond" shall mean matters
actually  known to the Board of  Directors  or  officers  of  Diamond,  or which
reasonably  should  be or  should  have  been  known  by  them  upon  reasonable
investigation.


     (h)  "Knowledge of Diamond  Tech" or matters  "known to Diamond Tech" shall
mean  matters  actually  known to the Board of  Directors or officers of Diamond
Tech,  or which  reasonably  should  be or should  have been  known by them upon
reasonable investigation.


     (i)  "Knowledge of Acquisition  Sub" or matters "known to Acquisition  Sub"
shall mean  matters  actually  known to the Board of  Directors  or  officers of
Acquisition Sub, or which reasonably should be or should have been known by them
upon reasonable investigation.


     (j)  "Knowledge of NewMarket"  or matters  "known to NewMarket"  shall mean
matters  actually  known to the Board of Directors or officers of NewMarket,  or
which  reasonably  should be or should  have been known by them upon  reasonable
investigation.


     (k)   "NewMarket"   shall  mean  NewMarket   Technology,   Inc.,  a  Nevada
corporation.

     Any term used herein to which a special  meaning has been ascribed shall be
construed in accordance  with either (1) the context in which such term is used,
or (2) the  definition  provided for such term in the place in this Agreement at
which such term is first used.

II.  DISCLOSURES

     NewMarket and Acquisition  Sub, and each of them,  hereby  acknowledge that
they have (a) received and reviewed copies of Diamond's  periodic  reports filed
with the Securities and Exchange  Commission and (b) had the  opportunity to ask
questions of, and receive  answers from,  the  principals of Diamond and Diamond
Tech regarding  their  respective  business plans and otherwise  investigate the
matters contained therein. Specifically, NewMarket and Acquisition Sub, and each
of them, understand that Diamond and Diamond Tech are in the  development-stage,
that they do not possess any working  capital and that they are  dependent  upon
the  consummation  this Agreement in order to pursue their  respective  business
plans.   Specifically,   NewMarket  and  Acquisition  Sub,  and  each  of  them,
acknowledge that neither Diamond nor Diamond Tech may ever earn a profit.

     Diamond and Diamond Tech, and each of them,  hereby  acknowledge  that they
have (a) received and reviewed copies of NewMarket's periodic reports filed with
the  Securities  and  Exchange  Commission  and (b) had the  opportunity  to ask
questions  of, and  receive  answers  from,  the  principals  of  NewMarket  and
Acquisition  Sub regarding  their business plans and otherwise  investigate  the
matters contained therein.


III. PURCHASE AND SALE OF SECURITIES

     Diamond hereby sells to  Acquisition  Sub and  Acquisition  Sub hereby buys
from Diamond 2,000,000 shares of the Series B Preferred Stock of Diamond,  which
shares shall have the rights and  preferences  set forth in Exhibit III attached
hereto and made a part hereof, in consideration of the following:

     (a) the  establishment of a line-of-credit  (the "Diamond LOC") in favor of
Diamond in the principal amount of $250,000.00; and


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                                          SECURITIES PURCHASE AGREEMENT | PAGE 2

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     (b) a promissory  note, in the form of Exhibit III(b) attached  hereto,  in
the principal amount of $2,000,000.00 (the "Dividend Note"), payable to Diamond.


     Acquisition Sub shall deliver the consideration set forth above pursuant to
the terms hereof.

     Diamond  shall cause the 2,000,000  shares of its Series B Preferred  Stock
purchased and sold hereunder to be issued as provided hereunder and delivered at
the Closing hereunder.


IV.  THE CLOSING

     The Closing of the  transactions  contemplated by this Agreement shall take
place (a) at the offices of NewMarket at 2:00 p.m.,  local time,  on the earlier
of (i) June 7, 2007, or (ii) the third  business day  immediately  following the
date on which the last of the  conditions set forth herein has been fulfilled or
waived,  or (b) at such  other  time and  place  and on such  other  date as the
parties shall agree (the Closing Date).


V.   FURTHER AGREEMENTS

     (a)  Beginning one year from the Closing  Date,  not less than  bi-annually
following the Closing hereunder,  Diamond shall distribute, as a dividend to the
shareholders  of record of its common  stock as of the  Closing  Date,  all cash
received by it pursuant to the  Dividend  Note,  until such time as the Dividend
Note shall have been paid in full.

     (b)  Upon  the  mutual  execution  of  this  Agreement,   NewMarket  and/or
Acquisition Sub shall deliver to Diamond  $25,200.00 in cash, which amount shall
be shall  constitute  the first advance on the Diamond LOC. It is further agreed
by the parties that such funds shall be applied to the payment of accounting and
legal fees associated with the preparation and filing of Diamond's Annual Report
on Form 10-KSB for the year ended December 31, 2006.

     (c)  Upon  the  mutual  execution  of this  Agreement,  and  every  30 days
thereafter  and until  August  2008,  NewMarket  and/or  Acquisition  Sub shall,
pursuant to the Diamond LOC, deliver to Diamond the sum of $5,200.00 in cash. It
is further agreed by the parties that such funds shall be applied to the payment
of employee and office-related expenses of Diamond.

     (d) Prior to the Closing,  Diamond  shall have assigned to Diamond Tech all
gaming-related assets, including goodwill, and liabilities associated therewith.

     (e) Within one year of the Closing  Date,  NewMarket,  Acquisition  Sub and
Diamond Tech shall cause 100% of the then-outstanding  shares of common stock of
Diamond Tech to be distributed to the  shareholders  of record of Diamond common
stock, as a property dividend,  as of the Closing Date, pursuant to an effective
registration statement on file with the Securities Exchange Commission; it being
expressly  agreed  that  there  shall  be only  common  stock  of  Diamond  Tech
outstanding.  NewMarket,  Acquisition Sub and Diamond Tech agree that they shall
use commercially  reasonable efforts to complete the distribution of the Diamond
Tech common stock prior to such one-year anniversary.

     (f) Prior to or at the Closing, NewMarket shall have executed an employment
agreement  with David  Loflin  (the "DL  Employment  Agreement"),  the terms and
conditions  of which  shall  be  negotiated  in good  faith  by Mr.  Loflin  and
NewMarket.

     (g) Prior to the Closing, the parties shall have negotiated in good faith a
$1,000,000  investment  commitment  on behalf of and for the benefit of Diamond,
which  investment  funds are to be applied to the  then-business  operations  of
Diamond.


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                                          SECURITIES PURCHASE AGREEMENT | PAGE 3

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     (h) Prior to the Closing, the parties shall have negotiated in good faith a
$750,000 investment commitment on behalf of and for the benefit of Diamond Tech,
which  investment  funds are to be applied to the  then-business  operations  of
Diamond.

     (i) From the date hereof to the Closing Date, Diamond and Diamond Tech, and
each of them,  shall,  and shall cause their  respective  affiliates,  officers,
directors,  employees, auditors and agents to afford the officers, employees and
agents of NewMarket and Acquisition Sub complete access at all reasonable  times
to its  officers,  employees,  agents,  properties,  offices,  plants  and other
facilities  and to all  books  and  records,  and shall  furnish  NewMarket  and
Acquisition Sub with all financial,  operating and other data and information as
NewMarket and Acquisition Sub, through their respective  officers,  employees or
agents, may reasonably request.

     (j) From the date hereof to the Closing  Date,  NewMarket  and  Acquisition
Sub,  and each of them,  shall,  and shall  cause their  respective  affiliates,
officers,  directors,  employees,  auditors  and agents to afford the  officers,
employees  and  agents  of  Diamond  and  Diamond  Tech  complete  access at all
reasonable times to its officers, employees, agents, properties, offices, plants
and other facilities and to all books and records, and shall furnish Diamond and
Diamond Tech with all  financial,  operating and other data and  information  as
Diamond and Diamond  Tech,  through  their  respective  officers,  employees  or
agents, may reasonably request.

     (k) In the  event  of the  termination  of this  Agreement,  NewMarket  and
Acquisition Sub shall, and shall cause, their respective  affiliates,  officers,
directors,  employees and agents to (i) return promptly every document furnished
to them  by  Diamond  and  Diamond  Tech in  connection  with  the  transactions
contemplated hereby and any copies thereof,  and (ii) shall cause others to whom
such documents may have been furnished promptly to return such documents and any
copies  thereof any of them may have made.  In the event of the  termination  of
this  Agreement,  Diamond  and  Diamond  Tech  shall,  and  shall  cause,  their
respective affiliates,  officers, directors,  employees and agents to (x) return
promptly every document  furnished to them by NewMarket and  Acquisition  Sub in
connection with the transactions contemplated hereby and any copies thereof, and
(y) shall cause others to whom such documents may have been  furnished  promptly
to return such documents and any copies thereof any of them may have made.

     (l)  No   investigation   pursuant  to  this  Agreement  shall  affect  any
representations  or  warranties of the parties  herein or the  conditions to the
obligations of the parties hereto.

     (m) Upon the  terms  and  subject  to the  conditions  hereof,  each of the
parties  hereto  shall use its best efforts to take,  or cause to be taken,  all
actions and to do, or cause to be done,  all other things  necessary,  proper or
advisable  to  consummate  and make  effective  as promptly as  practicable  the
transactions contemplated by this Agreement.

     (n) No party  shall  issue a press  release  or  otherwise  make any public
statements with respect to the  transactions  contemplated  herein,  without the
prior  consent  of the other  parties;  provided,  however,  that NewM arket and
Diamond may,  without the prior  consent of the other,  issue a press release or
otherwise make public  statements with respect to the transactions  contemplated
herein, should such press release or public statements be deemed, in good faith,
necessary by either of such  parties to assure its  compliance  with  applicable
securities laws.


VI.  REPRESENTATIONS OF DIAMOND

     Diamond  hereby  represents and warrants to NewMarket and  Acquisition  Sub
that:

     (a) Organization,  Qualification and Subsidiaries. Diamond is a corporation
duly  organized,  validly  existing and in good  standing  under the laws of the
State of Delaware and has the requisite power and authority and is in possession
of  all  franchises,  grants,  authorizations,   licenses,  permits,  easements,
consents,  certificates,  approvals  and  orders  to own,  operate  or lease the
properties  that it  purports  to own,  operate  or  lease  and to  carry on its
business as it is now being conducted, and is duly qualified as a foreign entity
to do  business,  and is in  good  standing,  in  each  jurisdiction  where  the
character  of its  properties  owned,  operated  or leased or the  nature of its
activities makes such


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                                          SECURITIES PURCHASE AGREEMENT | PAGE 4

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qualification  necessary.  Diamond has not  received  any notice of  proceedings
relating to the  revocation  or  modification  of any such  franchises,  grants,
authorizations,  licenses, permits, easements, consents, certificates, approvals
or  orders.   Diamond  has  three   subsidiary   corporations:   (i)  Diamond  I
Technologies,  Inc.,  a  Nevada  corporation;  (ii)  Touchdev  Limited,  a  U.K.
corporation; and (iii) AirRover Networks, Inc., a Maryland corporation.

     (b)  Certificate of  Incorportion  and Bylaws.  Diamond shall  furnish,  as
Schedule  VI(b)  attached  hereto  and  made a part  hereof,  to  NewMarket  and
Acquisition Sub a complete and correct copy of its Certificate of  Incorporation
and Bylaws,  each as amended to date.  Such  Certificate  of  Incorporation  and
Bylaws are in full force and effect.

     (c)  Capitalization.  The authorized  capital stock of Diamond  consists of
700,000,000  shares of common stock,  $.001 par value per share,  and 50,000,000
shares of  preferred  stock,  $.001 par value per share.  As of the date hereof,
approximately 305,000,000 shares of common stock are issued and outstanding, all
of which are  validly  issued,  fully  paid and  non-assessable.  As of the date
hereof,  500,000  shares of  Diamond's  Series A preferred  stock are issued and
outstanding.  No shares of Diamond's common stock or preferred stock are held in
the treasury of Diamond or by the subsidiary of Diamond. Each of the outstanding
shares of capital stock of Diamond's  subsidiaries is duly  authorized,  validly
issued, fully paid and non-assessable and such shares owned by Diamond are owned
free and clear of all security interests,  liens, claims,  pledges,  agreements,
limitations on Diamond's  voting rights,  charges or other  encumbrances  of any
nature whatsoever.

     (d) Options, etc. Except as set forth in Schedule VI(d) attached hereto and
made a part hereof, there are no options, warrants or other rights,  agreements,
arrangements or commitments of any character  relating to the issued or unissued
capital stock of Diamond.  There are no outstanding  contractual  obligations of
Diamond to  repurchase,  redeem or  otherwise  acquire any shares of the capital
stock of Diamond.

     (e) Rights  and  Preferences  of Series B  Preferred  Stock.  The shares of
Series B Preferred  Stock of Diamond to be issued and delivered  hereunder shall
have the rights and  preferences  set forth in Exhibit III  attached  hereto and
made a part hereof.

     (f)  Issuance  of the  Series B  Preferred  Stock.  The  shares of Series B
Preferred  Stock of Diamond,  when issued and delivered in accordance  with this
Agreement,  will be duly and validly issued, fully paid and non-assessable,  and
will be free and clear of any liens or  encumbrances  and, to the  knowledge  of
Diamond, will be issued in compliance with applicable state and federal laws.

     (g) No Conflict; Required Filings and Consents.

          (i) The  execution  and delivery of this  Agreement by Diamond do not,
and the performance of this Agreement by Diamond shall not, (A) conflict with or
violate the Certificate of Incorporation or Bylaws of Diamond, (B) conflict with
or violate any law, rule,  regulation,  order,  judgment or decree applicable to
Diamond or by which any of its properties  are bound or affected,  or (C) result
in any breach of or constitute a default (or an event which with notice or lapse
of time or both would become a default)  under,  or give to others any rights of
termination,  amendment,  acceleration  or  cancellation  of,  or  result in the
creation of a lien or encumbrance on any of the respective  properties or assets
of  Diamond  pursuant  to,  any  note,  bond,  mortgage,  indenture,   contract,
agreement,  lease, license,  permit, franchise or other instrument or obligation
to which Diamond is a party or by which Diamond or its  properties  are bound or
affected.

          (ii) The execution and delivery of this Agreement by Diamond does not,
and the performance of this Agreement shall not, require any consent,  approval,
authorization  or permit of, or filing with or notification to, any governmental
or regulatory authority, domestic or foreign.


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                                          SECURITIES PURCHASE AGREEMENT | PAGE 5

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     (h) Compliance. Diamond is not in conflict with, or in default or violation
of,  (i) its  Certificate  of  Incorporation  or  Bylaws,  (ii) any  law,  rule,
regulation,  order,  judgment  or decree  applicable  to Diamond or by which its
properties  are bound or affected,  including,  without  limitation,  health and
safety,   environmental  and  civil  rights  laws  and  regulations  and  zoning
ordinances and building codes,  or (iii) any note,  bond,  mortgage,  indenture,
contract, agreement, lease, license, permit, franchise, easement, consent, order
or  other  instrument  or  obligation  to which  Diamond  is a party or by which
Diamond or its properties are bound or affected.

     (i) Absence of Certain Changes or Events.  Since September 30, 2006, except
as contemplated  by this  Agreement,  Diamond has conducted its business only in
the ordinary  course and in a manner  consistent  with past practice and,  since
such date, there has not been any adverse change in the business or prospects of
Diamond  or any  declaration,  setting  aside or  payment  of any  dividends  or
distributions  in respect  of  ownership  of the common  stock of Diamond or any
redemption,  purchase  or  other  acquisition  of any of the  capital  stock  of
Diamond.

     (j) Absence of  Litigation.  Except as disclosed in Schedule VI(j) attached
hereto and made a part  hereof,  there are no claims,  actions,  proceedings  or
investigations  pending or  threatened  against  Diamond,  or any  properties or
rights of Diamond, before any court, arbitrator, or administrative, governmental
or regulatory authority or body. As of the date hereof,  neither Diamond nor its
properties  is  subject  to  any  order,  writ,  judgment,  injunction,  decree,
determination or award.

     (k)  Labor  Matters.  Except as set forth in the  Schedule  VI(k)  attached
hereto  and made a part  hereof,  (a)  there  are no  controversies  pending  or
threatened,  between Diamond and any of its employees;  and (b) Diamond is not a
party to any collective bargaining agreement or other labor union contract.

     (l) Contracts.  Schedule VI(l) attached hereto and made a part hereof lists
or describes all contracts,  authorizations,  approvals or arrangements to which
Diamond is a party,  or by which it is bound,  as of the date hereof,  and which
(i)  obligates  or may  obligate  Diamond  to pay more  than  $500;  or (ii) are
financing  documents,  loan agreements or agreements providing for the guarantee
of the  obligations  of any party in each case involving an obligation in excess
of $1,000.

     (m) Title to Property and Leases.

          (i) Each asset  owned or leased by Diamond is owned or leased free and
clear  of  any  mortgages,   pledges,   liens,  security  and  installment  sale
agreements, encumbrances, charges or other claims of third parties of any kind.

          (ii) All  leases of real  property  leased  for the use or  benefit of
Diamond to which it is a party,  and all amendments and  modifications  thereof,
are in full  force and effect and have not been  modified  or amended  and there
exists no material  default  under the leases by Diamond,  nor any event  which,
with the giving of notice or lapse of time, or both, would constitute a material
default thereunder by Diamond.

          (iii) A  statement  describing  all assets of Diamond is  included  in
Schedule VI(m)(iii) attached hereto and made a part hereof.

     (n) Intellectual  Property.  Schedule VI(n) attached hereto and made a part
hereof lists or describes every item of intellectual property of Diamond.

     (o)  Insurance.  Schedule  VI(o)  attached  hereto  and made a part  hereof
includes  copies of every  valid and  currently  effective  insurance  policies,
including key-man insurance policies, issued in favor of Diamond.

     (p) Taxes.  Diamond  has not filed all  federal  and state tax  returns and
reports.


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                                          SECURITIES PURCHASE AGREEMENT | PAGE 6

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     (q) Brokers,  Finders,  and Agents.  Diamond  acknowledges  that no broker,
finder or investment banker is, or will be, entitled to any brokerage,  finder's
or other fee or commission in connection with the  transactions  contemplated by
this Agreement.

     (r) Full Disclosure. No statement contained in any document, certificate or
other  writing  furnished  or  to be  furnished  by  Diamond  to  NewMarket  and
Acquisition  Sub pursuant to the provisions of this Agreement  contains or shall
contain any untrue  statement of a material fact or omits or shall omit to state
any material fact necessary, in light of the circumstances under which it was or
may be made, in order to make the statements herein or therein not misleading.

     (s) Corporate Authority. The execution and performance of this Agreement by
Diamond has been approved by the Board of Directors of Diamond.

     (t)  Representations  Relating to the Promissory Notes.  Diamond represents
and warrants to NewMarket and  Acquisition  Sub that the Promissory  Notes being
acquired  pursuant to this  Agreement are being acquired for its own account and
for investment and not with a view to the public resale or  distribution of such
securities and further  acknowledges that the Promissory Notes being issued have
not been registered  under the Securities Act of 1933, as amended,  or any state
securities law and are "restricted securities",  as that term is defined in Rule
144  promulgated  by the Securities  and Exchange  Commission,  and must be held
indefinitely,  unless they are subsequently registered or an exemption from such
registration is available.

     (u)  Consent to  Legend.  Diamond  consents  to the  placement  of a legend
restricting  future  transfer on the Dividend Note  delivered  hereunder,  which
legend shall be in the following, or similar, form:


          "THESE SECURITIES HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM
          REGISTRATION  AFFORDED BY SECTION 4(2) OF THE  SECURITIES ACT OF 1933,
          AS AMENDED, AND MAY NOT BE TRANSFERRED WITHOUT REGISTRATION, EXCEPT IN
          TRANSACTIONS EXEMPT FROM SUCH REGISTRATION."


VII. REPRESENTATIONS OF DIAMOND TECH

     Diamond Tech hereby  represents  and warrants to NewMarket and  Acquisition
Sub that:

     (a)  Organization,  Qualification  and  Subsidiaries.  Diamond  Tech  is  a
corporation duly organized, validly existing and in good standing under the laws
of the State of Nevada  and has the  requisite  power  and  authority  and is in
possession  of  all  franchises,  grants,  authorizations,   licenses,  permits,
easements, consents, certificates, approvals and orders to own, operate or lease
the  properties  that it purports  to own,  operate or lease and to carry on its
business as it is now being conducted, and is duly qualified as a foreign entity
to do  business,  and is in  good  standing,  in  each  jurisdiction  where  the
character  of its  properties  owned,  operated  or leased or the  nature of its
actiVIIties makes such  qualification  necessary.  Diamond Tech has not received
any notice of proceedings relating to the revocation or modification of any such
franchises,  grants,  authorizations,  licenses, permits,  easements,  consents,
certificates, approvals or orders. Diamond Tech has no subsidiary corporation.

     (b) Articles of Incorporation  and Bylaws.  Diamond Tech shall furnish,  as
Schedule  VII(b)  attached  hereto  and made a part  hereof,  to  NewMarket  and
Acquisition Sub a complete and correct copy of its Articles of Incorporation and
Bylaws,  each as amended to date. Such Articles of Incorporation  and Bylaws are
in full force and effect.

     (c)  Capitalization.  The authorized capital stock of Diamond Tech consists
of  100,000,000  shares of common stock,  $.0001 par value per share.  As of the
date hereof,  33,000,000 shares of common stock are issued and outstanding,  all
of which are validly issued, fully paid and non-assessable. No shares of Diamond
Tech's common stock are held in the treasury of Diamond Tech.


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                                          SECURITIES PURCHASE AGREEMENT | PAGE 7

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     (d) Options,  etc.  Except as set forth in Schedule  VII(d) attached hereto
and  made a part  hereof,  there  are no  options,  warrants  or  other  rights,
agreements,  arrangements or commitments of any character relating to the issued
or unissued capital stock of Diamond Tech. There are no outstanding  contractual
obligations  of Diamond  Tech to  repurchase,  redeem or  otherwise  acquire any
shares of the capital stock of Diamond Tech.

     (e) No Conflict; Required Filings and Consents.

          (i) The  execution  and delivery of this  Agreement by Diamond Tech do
not,  and the  performance  of this  Agreement  by Diamond  Tech shall not,  (A)
conflict with or violate the Certificate of  Incorporation  or Bylaws of Diamond
Tech, (B) conflict with or violate any law, rule, regulation, order, judgment or
decree applicable to Diamond Tech or by which any of its properties are bound or
affected,  or (C) result in any breach of or  constitute  a default (or an event
which with  notice or lapse of time or both would  become a default)  under,  or
give  to  others  any  rights  of   termination,   amendment,   acceleration  or
cancellation  of, or result in the creation of a lien or  encumbrance  on any of
the respective properties or assets of Diamond Tech pursuant to, any note, bond,
mortgage,  indenture,  contract, agreement, lease, license, permit, franchise or
other  instrument  or  obligation  to which  Diamond Tech is a party or by which
Diamond Tech or its properties are bound or affected.

          (ii) The execution and delivery of this Agreement by Diamond Tech does
not,  and the  performance  of this  Agreement  shall not,  require any consent,
approval,  authorization  or permit of, or filing with or  notification  to, any
governmental or regulatory authority, domestic or foreign.

     (f)  Compliance.  Diamond  Tech is not in conflict  with,  or in default or
violation of, (i) its Articles of Incorporation  or Bylaws,  (ii) any law, rule,
regulation, order, judgment or decree applicable to Diamond Tech or by which its
properties  are bound or affected,  including,  without  limitation,  health and
safety,   environmental  and  civil  rights  laws  and  regulations  and  zoning
ordinances and building codes,  or (iii) any note,  bond,  mortgage,  indenture,
contract, agreement, lease, license, permit, franchise, easement, consent, order
or other  instrument  or obligation to which Diamond Tech is a party or by which
Diamond Tech or its properties are bound or affected.

     (g) Absence of Litigation.  Except as disclosed in Schedule VII(g) attached
hereto and made a part  hereof,  there are no claims,  actions,  proceedings  or
investigations  pending or threatened against Diamond Tech, or any properties or
rights of  Diamond  Tech,  before  any  court,  arbitrator,  or  administrative,
governmental  or regulatory  authority or body.  As of the date hereof,  neither
Diamond  Tech nor its  properties  is  subject  to any  order,  writ,  judgment,
injunction, decree, determination or award.

     (h) Labor  Matters.  Except as set forth in the  Schedule  VII(h)  attached
hereto  and made a part  hereof,  (i)  there  are no  controversies  pending  or
threatened, between Diamond Tech and any of its employees; and (ii) Diamond Tech
is not a party to any  collective  bargaining  agreement  or other  labor  union
contract.

     (i) Contracts. Schedule VII(i) attached hereto and made a part hereof lists
or describes all contracts,  authorizations,  approvals or arrangements to which
Diamond Tech is a party,  or by which it is bound,  as of the date  hereof,  and
which (i) obligates or may obligate  Diamond Tech to pay more than $500; or (ii)
are  financing  documents,  loan  agreements  or  agreements  providing  for the
guarantee of the  obligations  of any party in each case involving an obligation
in excess of $1,000.

     (j) Title to Property and Leases.

          (i) Each asset owned or leased by Diamond Tech is owned or leased free
and clear of any  mortgages,  pledges,  liens,  security  and  installment  sale
agreements, encumbrances, charges or other claims of third parties of any kind.


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                                          SECURITIES PURCHASE AGREEMENT | PAGE 8

<PAGE>


          (ii) All  leases of real  property  leased  for the use or  benefit of
Diamond  Tech to which  it is a  party,  and all  amendments  and  modifications
thereof,  are in full force and effect and have not been modified or amended and
there exists no material default under the leases by Diamond Tech, nor any event
which,  with the giving of notice or lapse of time, or both,  would constitute a
material default thereunder by Diamond Tech.

          (iii) A statement describing all assets of Diamond Tech is included in
Schedule VII(j)(iii) attached hereto and made a part hereof.

     (k) Intellectual Property.  Schedule VII(k) attached hereto and made a part
hereof lists or describes every item of intellectual property of Diamond Tech.

     (l)  Insurance.  Schedule  VII(l)  attached  hereto and made a part  hereof
includes  copies of every  valid and  currently  effective  insurance  policies,
including key-man insurance policies, issued in favor of Diamond Tech.

     (m) Taxes. Diamond Tech has not filed all federal and state tax returns and
reports.

     (n) Brokers, Finders, and Agents. Diamond Tech acknowledges that no broker,
finder or investment banker is, or will be, entitled to any brokerage,  finder's
or other fee or commission in connection with the  transactions  contemplated by
this Agreement.

     (o) Full Disclosure. No statement contained in any document, certificate or
other  writing  furnished or to be  furnished  by Diamond Tech to NewMarket  and
Acquisition  Sub pursuant to the provisions of this Agreement  contains or shall
contain any untrue  statement of a material fact or omits or shall omit to state
any material fact necessary, in light of the circumstances under which it was or
may be made, in order to make the statements herein or therein not misleading.

     (p) Corporate Authority. The execution and performance of this Agreement by
Diamond Tech has been approved by the Board of Directors of Diamond Tech.

     (q)  Representations   Relating  to  the  Promissory  Notes.  Diamond  Tech
represents  and warrants to NewMarket and  Acquisition  Sub that the  Promissory
Note being  acquired  pursuant to this  Agreement are being acquired for its own
account  and  for  investment  and  not  with a view  to the  public  resale  or
distribution  of such  securities and further  acknowledges  that the Promissory
Note being issued has not been  registered  under the Securities Act of 1933, as
amended,  or any state securities law and are "restricted  securities",  as that
term  is  defined  in  Rule  144  promulgated  by the  Securities  and  Exchange
Commission,  and  must  be  held  indefinitely,  unless  they  are  subsequently
registered or an exemption from such registration is available.



VIII. REPRESENTATIONS OF NEWMARKET


     NewMarket hereby represents and warrants to Diamond and Diamond Tech that:


     (a)  Organization,   Qualification   and   Subsidiaries.   NewMarket  is  a
corporation duly organized, validly existing and in good standing under the laws
of the State of Nevada  and has the  requisite  power  and  authority  and is in
possession  of  all  franchises,  grants,  authorizations,   licenses,  permits,
easements, consents, certificates, approvals and orders to own, operate or lease
the  properties  that it purports  to own,  operate or lease and to carry on its
business as it is now being conducted, and is duly qualified as a foreign entity
to do  business,  and is in  good  standing,  in  each  jurisdiction  where  the
character  of its  properties  owned,  operated  or leased or the  nature of its
activities makes such  qualification  necessary.  NewMarket has not received any
notice of  proceedings  relating to the revocation or  modification  of any such
franchises,  grants,  authorizations,  licenses, permits,  easements,  consents,
certificates, approvals or orders.


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                                          SECURITIES PURCHASE AGREEMENT | PAGE 9

<PAGE>


     (b) Articles of  Incorporation  and Bylaws.  NewMarket  shall  furnish,  as
Schedule  VIII(b)  attached  hereto and made a part  hereof,  to  NewMarket  and
Acquisition Sub a complete and correct copy of its Articles of Incorporation and
Bylaws,  each as amended to date. Such Articles of Incorporation  and Bylaws are
in full force and effect.

     (c)  Capitalization.  The authorized capital stock of NewMarket consists of
300,000,000  shares of common stock,  $.001 par value per share,  and 10,000,000
shares of  preferred  stock,  $.001 par value per share.  As of the date hereof,
183,866,820 shares of common stock are issued and outstanding,  all of which are
validly  issued,  fully  paid and  non-assessable.  As of the date  hereof,  the
following shares of NewMarket's preferred stock are issued and outstanding:  100
shares of Series A, zero shares of Series B, 925 shares of Series C, zero shares
of Series D, 267  shares of Series E, 1,800  shares of Series F, zero  shares of
Series G,  1,035  shares  of  Series H and 758  shares of Series I. No shares of
NewMarket's  common  stock  or  preferred  stock  are  held in the  treasury  of
NewMarket or by the subsidiary of NewMarket.  Each of the outstanding  shares of
capital stock of NewMarket's  subsidiaries is duly  authorized,  validly issued,
fully paid and  non-assessable and such shares owned by NewMarket are owned free
and  clear  of all  security  interests,  liens,  claims,  pledges,  agreements,
limitations on NewMarket's  voting rights,  charges or other encumbrances of any
nature whatsoever.

     (d) Options,  etc. Except as set forth in Schedule  VIII(d) attached hereto
and  made a part  hereof,  there  are no  options,  warrants  or  other  rights,
agreements,  arrangements or commitments of any character relating to the issued
or unissued  capital stock of NewMarket.  There are no  outstanding  contractual
obligations of NewMarket to repurchase,  redeem or otherwise  acquire any shares
of the capital stock of NewMarket.

     (e) No Conflict; Required Filings and Consents.

          (i) The execution and delivery of this  Agreement by NewMarket do not,
and the  performance of this Agreement by NewMarket shall not, (A) conflict with
or violate the Certificate of Incorporation or Bylaws of NewMarket, (B) conflict
with or violate any law, rule, regulation,  order, judgment or decree applicable
to NewMarket  or by which any of its  properties  are bound or affected,  or (C)
result in any breach of or  constitute  a default (or an event which with notice
or lapse of time or both would  become a default)  under,  or give to others any
rights of termination,  amendment, acceleration or cancellation of, or result in
the creation of a lien or  encumbrance  on any of the  respective  properties or
assets of NewMarket pursuant to, any note, bond, mortgage, indenture,  contract,
agreement,  lease, license,  permit, franchise or other instrument or obligation
to which  NewMarket is a party or by which NewMarket or its properties are bound
or affected.

          (ii) The  execution and delivery of this  Agreement by NewMarket  does
not,  and the  performance  of this  Agreement  shall not,  require any consent,
approval,  authorization  or permit of, or filing with or  notification  to, any
governmental or regulatory authority, domestic or foreign.

     (f)  Compliance.  NewMarket  is not in  conflict  with,  or in  default  or
violation of, (ia) its Articles of Incorporation or Bylaws,  (ii) any law, rule,
regulation,  order,  judgment or decree  applicable to NewMarket or by which its
properties  are bound or affected,  including,  without  limitation,  health and
safety,   environmental  and  civil  rights  laws  and  regulations  and  zoning
ordinances and building codes,  or (iii) any note,  bond,  mortgage,  indenture,
contract, agreement, lease, license, permit, franchise, easement, consent, order
or other  instrument  or  obligation  to which  NewMarket is a party or by which
NewMarket or its properties are bound or affected.

     (g) Absence of Certain Changes or Events.  Since September 30, 2006, except
as contemplated by this Agreement,  NewMarket has conducted its business only in
the ordinary  course and in a manner  consistent  with past practice and,  since
such date, there has not been any adverse change in the business or prospects of
NewMarket  or any  declaration,  setting  aside or payment of any  dividends  or
distributions  in respect of  ownership  of the common stock of NewMarket or any
redemption,  purchase  or  other  acquisition  of any of the  capital  stock  of
NewMarket.


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                                         SECURITIES PURCHASE AGREEMENT | PAGE 10

<PAGE>


     (h) Absence of Litigation. Except as disclosed in Schedule VIII(h) attached
hereto and made a part  hereof,  there are no claims,  actions,  proceedings  or
investigations  pending or threatened  against  NewMarket,  or any properties or
rights  of  NewMarket,   before  any  court,   arbitrator,   or  administrative,
governmental  or regulatory  authority or body.  As of the date hereof,  neither
NewMarket  nor  its  properties  is  subject  to  any  order,  writ,   judgment,
injunction, decree, determination or award.

     (i) Labor  Matters.  Except as set forth in the Schedule  VIII(i)  attached
hereto  and made a part  hereof,  (i)  there  are no  controversies  pending  or
threatened,  between  NewMarket and any of its employees;  and (ii) NewMarket is
not a  party  to any  collective  bargaining  agreement  or  other  labor  union
contract.

     (j)  Contracts.  Schedule  VIII(j)  attached  hereto and made a part hereof
lists or describes all contracts,  authorizations,  approvals or arrangements to
which NewMarket is a party, or by which it is bound, as of the date hereof,  and
which (i) obligates or may obligate NewMarket to pay more than $500; or (ii) are
financing  documents,  loan agreements or agreements providing for the guarantee
of the  obligations  of any party in each case involving an obligation in excess
of $1,000.

     (k) Title to Property and Leases.

          (i) Each asset  owned or leased by  NewMarket  is owned or leased free
and clear of any  mortgages,  pledges,  liens,  security  and  installment  sale
agreements, encumbrances, charges or other claims of third parties of any kind.

          (ii) All  leases of real  property  leased  for the use or  benefit of
NewMarket to which it is a party, and all amendments and modifications  thereof,
are in full  force and effect and have not been  modified  or amended  and there
exists no material  default under the leases by NewMarket,  nor any event which,
with the giving of notice or lapse of time, or both, would constitute a material
default thereunder by NewMarket.

          (iii) A statement  describing  all assets of  NewMarket is included in
Schedule VIII(k)(iii) attached hereto and made a part hereof.

     (l) Intellectual Property. Schedule VIII(l) attached hereto and made a part
hereof lists or describes every item of intellectual property of NewMarket.

     (m)  Insurance.  Schedule  VIII(m)  attached  hereto and made a part hereof
includes  copies of every  valid and  currently  effective  insurance  policies,
including key-man insurance policies, issued in favor of NewMarket.

     (n)  Taxes.  NewMarket  has filed all  federal  and state tax  returns  and
reports and does not owe any taxes to any taxing authority.

     (o) Brokers,  Finders, and Agents.  NewMarket acknowledgeds that no broker,
finder or investment banker is, or will be, entitled to any brokerage,  finder's
or other fee or commission in connection with the  transactions  contemplated by
this Agreement.

     (p) Full Disclosure. No statement contained in any document, certificate or
other  writing  furnished or to be  furnished  by  NewMarket  to  NewMarket  and
Acquisition  Sub pursuant to the provisions of this Agreement  contains or shall
contain any untrue  statement of a material fact or omits or shall omit to state
any material fact necessary, in light of the circumstances under which it was or
may be made, in order to make the statements herein or therein not misleading.

     (q) Corporate Authority. The execution and performance of this Agreement by
NewMarket has been approved by the Board of Directors of NewMarket.


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                                         SECURITIES PURCHASE AGREEMENT | PAGE 11

<PAGE>


     (r) Representations  Relating to the Promissory Notes. NewMarket represents
and  warrants to Diamond and Diamond  Tech that the shares of Series B Preferred
Stock being  acquired  pursuant to this Agreement are being acquired for its own
account  and  for  investment  and  not  with a view  to the  public  resale  or
distribution  of such  securities  and further  acknowledges  that the shares of
Series B  Preferred  Stock  being  issued  have not been  registered  under  the
Securities  Act of  1933,  as  amended,  or any  state  securities  law  and are
"restricted securities",  as that term is defined in Rule 144 promulgated by the
Securities and Exchange Commission,  and must be held indefinitely,  unless they
are subsequently registered or an exemption from such registration is available.

     (s)  Consent to Legend.  NewMarket  consents to the  placement  of a legend
restricting  future transfer on the shares of Series B Preferred Stock delivered
hereunder, which legend shall be in the following, or similar, form:


          "THESE SECURITIES HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM
          REGISTRATION  AFFORDED BY SECTION 4(2) OF THE  SECURITIES ACT OF 1933,
          AS AMENDED, AND MAY NOT BE TRANSFERRED WITHOUT REGISTRATION, EXCEPT IN
          TRANSACTIONS EXEMPT FROM SUCH REGISTRATION."


IX.  REPRESENTATIONS OF ACQUISITION SUB

     Acquisition Sub hereby  represents and warrants to Diamond and Diamond Tech
that:

     (a) Organization and  Qualification.  Acquisition Sub is a corporation duly
organized,  validly existing and in good standing under the laws of the State of
Nevada and has the  requisite  power and  authority  and is in possession of all
franchises,  grants,  authorizations,  licenses, permits,  easements,  consents,
certificates,  approvals and orders to own, operate or lease the properties that
it purports to own,  operate or lease and to carry on its  business as it is now
being conducted,  and is duly qualified as a foreign entity to do business,  and
is in good standing,  in each jurisdiction where the character of its properties
owned,   operated  or  leased  or  the  nature  of  its  activities  makes  such
qualification  necessary.  Acquisition  Sub  has  not  received  any  notice  of
proceedings  relating to the revocation or modification of any such  franchises,
grants, authorizations,  licenses, permits, easements,  consents,  certificates,
approvals or orders.

     (b) Articles of Incorporation and Bylaws. Acquisition Sub shall furnish, as
Schedule IX(b) attached  hereto and made a part hereof,  to Acquisition  Sub and
Acquisition Sub a complete and correct copy of its Articles of Incorporation and
Bylaws,  each as amended to date. Such Articles of Incorporation  and Bylaws are
in full force and effect.

     (c)  Capitalization.  The  authorized  capital  stock  of  Acquisition  Sub
consists  of____________  shares of common  stock,  $.____  par value per share,
and_____________shares of preferred stock, $.____ par value per share. As of the
date  hereof,_____________shares of common stock are issued and outstanding, all
of which are  validly  issued,  fully  paid and  non-assessable.  As of the date
hereof,   no  shares  of  Acquisition  Sub's  preferred  stock  are  issued  and
outstanding.  No shares of Acquisition Sub's common stock or preferred stock are
held in the treasury of Acquisition Sub or by the subsidiary of Acquisition Sub.
Each  of  the  outstanding   shares  of  capital  stock  of  Acquisition   Sub's
subsidiaries is duly authorized,  validly issued,  fully paid and non-assessable
and such  shares  owned  by  Acquisition  Sub are  owned  free and  clear of all
security  interests,   liens,  claims,  pledges,   agreements,   limitations  on
Acquisition  Sub's voting rights,  charges or other  encumbrances  of any nature
whatsoever.

     (d) Options, etc. Except as set forth in Schedule IX(d) attached hereto and
made a part hereof, there are no options, warrants or other rights,  agreements,
arrangements or commitments of any character  relating to the issued or unissued
capital  stock  of  Acquisition  Sub.  There  are  no  outstanding   contractual
obligations of Acquisition  Sub to repurchase,  redeem or otherwise  acquire any
shares of the capital stock of Acquisition Sub.


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                                         SECURITIES PURCHASE AGREEMENT | PAGE 12

<PAGE>


     (e) No Conflict; Required Filings and Consents.

          (i) The execution and delivery of this Agreement by Acquisition Sub do
not, and the  performance of this  Agreement by  Acquisition  Sub shall not, (A)
conflict  with  or  violate  the  Certificate  of  Incorporation  or  Bylaws  of
Acquisition Sub, (B) conflict with or violate any law, rule, regulation,  order,
judgment  or  decree  applicable  to  Acquisition  Sub  or by  which  any of its
properties are bound or affected, or (C) result in any breach of or constitute a
default (or an event  which with notice or lapse of time or both would  become a
default)  under,  or  give to  others  any  rights  of  termination,  amendment,
acceleration  or  cancellation  of,  or  result  in the  creation  of a lien  or
encumbrance  on any of the respective  properties or assets of  Acquisition  Sub
pursuant to, any note, bond, mortgage,  indenture,  contract,  agreement, lease,
license,   permit,   franchise  or  other  instrument  or  obligation  to  which
Acquisition  Sub is a party or by which  Acquisition  Sub or its  properties are
bound or affected.

          (ii) The execution and delivery of this Agreement by  Acquisition  Sub
does not, and the performance of this Agreement shall not,  require any consent,
approval,  authorization  or permit of, or filing with or  notification  to, any
governmental or regulatory authority, domestic or foreign.

     (f)  Compliance.  Acquisition Sub is not in conflict with, or in default or
violation of, (i) its  Certificate  of  Incorporation  or Bylaws,  (ii) any law,
rule, regulation,  order, judgment or decree applicable to Acquisition Sub or by
which its  properties  are bound or  affected,  including,  without  limitation,
health and  safety,  environmental  and civil  rights laws and  regulations  and
zoning  ordinances  and  building  codes,  or (iii)  any note,  bond,  mortgage,
indenture,  contract,  agreement,  lease, license, permit, franchise,  easement,
consent,  order or other instrument or obligation to which  Acquisition Sub is a
party or by which Acquisition Sub or its properties are bound or affected.

     (g) Absence of Certain Changes or Events.  Since September 30, 2006, except
as contemplated  by this  Agreement,  Acquisition Sub has conducted its business
only in the ordinary  course and in a manner  consistent with past practice and,
since  such  date,  there has not been any  adverse  change in the  business  or
prospects of Acquisition Sub or any declaration, setting aside or payment of any
dividends  or  distributions  in respect  of  ownership  of the common  stock of
Acquisition Sub or any redemption,  purchase or other  acquisition of any of the
capital stock of Acquisition Sub.

     (h) Absence of  Litigation.  Except as disclosed in Schedule IX(h) attached
hereto and made a part  hereof,  there are no claims,  actions,  proceedings  or
investigations  pending or threatened against Acquisition Sub, or any properties
or rights of Acquisition Sub, before any court,  arbitrator,  or administrative,
governmental  or regulatory  authority or body.  As of the date hereof,  neither
Acquisition  Sub nor its  properties  is subject to any order,  writ,  judgment,
injunction, decree, determination or award.

     (i)  Labor  Matters.  Except as set forth in the  Schedule  IX(i)  attached
hereto  and made a part  hereof,  (i)  there  are no  controversies  pending  or
threatened,  between  Acquisition  Sub  and  any  of  its  employees;  and  (ii)
Acquisition Sub is not a party to any collective  bargaining  agreement or other
labor union contract.

     (j) Contracts.  Schedule IX(j) attached hereto and made a part hereof lists
or describes all contracts,  authorizations,  approvals or arrangements to which
Acquisition Sub is a party, or by which it is bound, as of the date hereof,  and
which (i)  obligates or may obligate  Acquisition  Sub to pay more than $500; or
(ii) are financing  documents,  loan agreements or agreements  providing for the
guarantee of the  obligations  of any party in each case involving an obligation
in excess of $1,000.

     (k) Title to Property and Leases.

          (i) Each asset owned or leased by  Acquisition  Sub is owned or leased
free and clear of any mortgages,  pledges,  liens, security and installment sale
agreements, encumbrances, charges or other claims of third parties of any kind.


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                                         SECURITIES PURCHASE AGREEMENT | PAGE 13

<PAGE>


          (ii) All  leases of real  property  leased  for the use or  benefit of
Acquisition  Sub to which it is a party,  and all amendments  and  modifications
thereof,  are in full force and effect and have not been modified or amended and
there exists no material  default under the leases by  Acquisition  Sub, nor any
event  which,  with the  giving  of  notice  or lapse  of time,  or both,  would
constitute a material default thereunder by Acquisition Sub.

          (iii) A statement describing all assets of Acquisition Sub is included
in Schedule IX(k)(iii) attached hereto and made a part hereof.

     (l) Intellectual  Property.  Schedule IX(l) attached hereto and made a part
hereof lists or describes  every item of  intellectual  property of  Acquisition
Sub.

     (m)  Insurance.  Schedule  IX(m)  attached  hereto  and made a part  hereof
includes  copies of every  valid and  currently  effective  insurance  policies,
including key-man insurance policies, issued in favor of Acquisition Sub.

     (n) Taxes.  Acquisition Sub has not filed all federal and state tax returns
and reports.

     (o) Brokers,  Finders,  and Agents.  Acquisition Sub acknowledgeds  that no
broker,  finder or investment  banker is, or will be, entitled to any brokerage,
finder's  or  other  fee or  commission  in  connection  with  the  transactions
contemplated by this Agreement.

     (p) Full Disclosure. No statement contained in any document, certificate or
other writing furnished or to be furnished by Acquisition Sub to Acquisition Sub
and  Acquisition  Sub pursuant to the provisions of this  Agreement  contains or
shall contain any untrue  statement of a material fact or omits or shall omit to
state any material fact necessary,  in light of the circumstances under which it
was or may be made,  in  order to make the  statements  herein  or  therein  not
misleading.

     (q) Corporate Authority. The execution and performance of this Agreement by
Acquisition Sub has been approved by the Board of Directors of Acquisition Sub.

     (r)  Representations  Relating to the  Promissory  Notes.  Acquisition  Sub
represents  and warrants to Diamond and Diamond Tech that the shares of Series B
Preferred Stock being acquired pursuant to this Agreement are being acquired for
its own account and for  investment  and not with a view to the public resale or
distribution  of such  securities  and further  acknowledges  that the shares of
Series B  Preferred  Stock  being  issued  have not been  registered  under  the
Securities  Act of  1933,  as  amended,  or any  state  securities  law  and are
"restricted securities",  as that term is defined in Rule 144 promulgated by the
Securities and Exchange Commission,  and must be held indefinitely,  unless they
are subsequently registered or an exemption from such registration is available.

     (s)  Consent to Legend.  Acquisition  Sub  consents to the  placement  of a
legend  restricting  future  transfer on the shares of Series B Preferred  Stock
delivered hereunder, which legend shall be in the following, or similar, form:


          "THESE SECURITIES HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM
          REGISTRATION  AFFORDED BY SECTION 4(2) OF THE  SECURITIES ACT OF 1933,
          AS AMENDED, AND MAY NOT BE TRANSFERRED WITHOUT REGISTRATION, EXCEPT IN
          TRANSACTIONS EXEMPT FROM SUCH REGISTRATION."


X.   INDEMNIFICATION


     (a) General  Indemnification  Covenants - Diamond and Diamond Tech. Diamond
and Diamond Tech, and each of them, shall indemnify, save and keep NewMarket and
Acquisition Sub and their respective affiliates,  agents, attorneys,  successors
and permitted  assigns  (collectively,  the "NewMarket  Indemnitees"),  harmless
against and from all liability,  demands,  claims,  actions or causes of action,
assessments, losses, fines, penalties, costs, damages and expenses,


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                                         SECURITIES PURCHASE AGREEMENT | PAGE 14

<PAGE>


including reasonable attorneys' fees,  disbursements and expenses (collectively,
the "Damages"),  sustained or incurred by any of the NewMarket  Indemnitees as a
result of, arising out of or by virtue of any  misrepresentation,  breach of any
warranty or  representation or  non-fulfillment  of any agreement or covenant on
the part of Diamond or Diamond Tech,  whether contained in this Agreement or any
exhibit or schedule hereto or any written statement or certificate  furnished or
to be furnished  to  NewMarket  and  Acquisition  Sub pursuant  hereto or in any
closing  document  delivered  by  Diamond  or  Diamond  Tech  to  NewMarket  and
Acquisition Sub in connection herewith.

     (b) General  Indemnification  Covenants - NewMarket  and  Acquisition  Sub.
NewMarket and Acquisition Sub, and each of them, shall indemnify,  save and keep
Diamond and Diamond Tech and their  respective  affiliates,  agents,  attorneys,
successors  and permitted  assigns  (collectively,  the "Diamond  Indemnitees"),
harmless against and from all liability,  demands,  claims, actions or causes of
action,  assessments,  losses,  fines,  penalties,  costs, damages and expenses,
including reasonable attorneys' fees,  disbursements and expenses (collectively,
the  "Damages"),  sustained or incurred by any of the Diamond  Indemnitees  as a
result of, arising out of or by virtue of any  misrepresentation,  breach of any
warranty or  representation or  non-fulfillment  of any agreement or covenant on
the part of NewMarket or Acquisition  Tech,  whether contained in this Agreement
or any  exhibit or  schedule  hereto or any  written  statement  or  certificate
furnished or to be furnished to Diamond and Diamond Tech  pursuant  hereto or in
any closing  document  delivered by NewMarket or Acquisition  Sub to Diamond and
Diamond Tech in connection herewith.


XI.  CONDITIONS PRECEDENT TO OBLIGATIONS

     (a)  Conditions  to  Obligation  of Each Party to Effect the  Closing.  The
respective  obligations  of each party to effect the Closing shall be subject to
the fulfillment of all of the following  conditions precedent at or prior to the
Closing:

          (i) Shareholder Approval.  This Agreement shall have been approved and
adopted by holders of a majority of the outstanding common stock of Diamond.

          (ii) No Order.  No United  States or state  governmental  authority or
other  agency  or  commission  or  United  States  or state  court of  competent
jurisdiction shall have enacted,  issued,  promulgated,  enforced or entered any
statute,  rule,  regulation,  injunction  or  other  order  (whether  temporary,
preliminary  or  permanent)  which is in effect and has the effect of making the
transactions  contemplated herein illegal or otherwise prohibiting  consummation
of the transactions contemplated by this Agreement.

          (iii) No  Challenge.  There  shall not be  pending or  threatened  any
action, proceeding or investigation before any court or administrative agency by
any  government  agency or any other  person  challenging,  or seeking  material
damages in connection  with the  transactions  contemplated  herein or otherwise
materially  adversely  affecting  the  business,  assets,  prospects,  financial
condition or results of operations of Diamond or Diamond Tech.

     (b)  Additional  Conditions to Obligations of Diamond and Diamond Tech. The
obligations  of Diamond and Diamond  Tech to effect the Closing are also subject
to the fulfillment of all of the following  conditions  precedent at or prior to
the Closing:

          (i) Representations and Warranties. The representations and warranties
of NewMarket and Acquisition Sub, and each of them,  contained in this Agreement
shall be true and correct in all  material  respects  on and as of the  Closing,
except  for  changes  contemplated  by  this  Agreement  and  except  for  those
representations  and  warranties  which address  matters only as of a particular
date (which shall remain true and correct as of such date),  with the same force
and effect as if made on and as of the  Closing,  and Diamond  and Diamond  Tech
shall  have  received  a  Certificate  of  President  of each of  NewMarket  and
Acquisition  Sub which is to that  effect,  which  certificates  shall be in the
forms of Exhibit  XI(b)(i)-1  and  Exhibit  XI(b)(i)-2,  respectively,  attached
hereto.


--------------------------------------------------------------------------------
                                         SECURITIES PURCHASE AGREEMENT | PAGE 15

<PAGE>


          (ii) Agreements and Covenants. NewMarket and Acquisition Sub, and each
of them,  shall have  performed  or complied in all material  respects  with all
agreements and covenants  required by this Agreement to be performed or complied
with by them on or prior to the Closing Date, and Diamond and Diamond Tech shall
have  received a Certificate  of President of each of NewMarket and  Acquisition
Sub which is to that effect, which certificates shall be in the forms of Exhibit
XI(b)(ii)-1 and Exhibit XI(b)(ii)-2, respectively, attached hereto.

          (iii)   Consents   Obtained.   All   consents,   waivers,   approvals,
authorizations or orders required to be obtained, and all filings required to be
made,  by NewMarket and  Acquisition  Sub for the  authorization,  execution and
delivery  of this  Agreement  and  the  consummation  by it of the  transactions
contemplated  hereby  shall  have  been  obtained  and  made  by  NewMarket  and
Acquisition Sub, and each of them.

          (iv) DL Employment Agreement. NewMarket and Acquisition Sub shall have
executed and delivered the DL Employment Agreement.

          (v) No  Material  Adverse  Change.  There  shall have been no material
adverse  change in the  condition,  financial or  otherwise,  of  NewMarket  and
Acquisition Sub.

     (c) Additional  Conditions to Obligations of NewMarket and Acquisition Sub.
The  obligations of NewMarket and Acquisition Sub to effect the Closing are also
subject to the  fulfillment of all of the following  conditions  precedent at or
prior to the Closing:

          (i) Representations and Warranties. The representations and warranties
of Diamond and Diamond Tech, and each of them, contained in this Agreement shall
be true and correct in all material  respects on and as of the  Closing,  except
for changes contemplated by this Agreement and except for those  representations
and warranties  which address  matters only as of a particular date (which shall
remain true and  correct as of such date),  with the same force and effect as if
made on and as of the Closing,  and  NewMarket  and  Acquisition  Sub shall have
received a Certificate of President of each of Diamond and Diamond Tech which is
to that effect,  which  certificates shall be in the forms of Exhibit XI(c)(i)-1
and Exhibit XI(c)(i)-2, respectively, attached hereto.

          (ii)  Agreements and Covenants.  Diamond and Diamond Tech, and each of
them,  shall have  performed  or  complied  in all  material  respects  with all
agreements and covenants  required by this Agreement to be performed or complied
with by them on or prior to the Closing Date, and NewMarket and  Acquisition Sub
shall have  received a  Certificate  of President of each of Diamond and Diamond
Tech  which is to that  effect,  which  certificates  shall  be in the  forms of
Exhibit XI(c)(ii)-1 and Exhibit XI(c)(ii)-2, respectively, attached hereto.

          (iii)   Consents   Obtained.   All   consents,   waivers,   approvals,
authorizations or orders required to be obtained, and all filings required to be
made, by Diamond and Diamond Tech for the authorization,  execution and delivery
of this Agreement and the  consummation by it of the  transactions  contemplated
hereby shall have been obtained and made by Diamond and Diamond  Tech,  and each
of them.

          (iv) DL  Employment  Agreement.  David Loflin shall have  executed and
delivered the DL Employment Agreement.

          (v) Investment Commitment - Diamond. The parties shall have negotiated
in good  faith a  $1,000,000  investment  commitment  on  behalf  of and for the
benefit of Diamond.

          (vi)  Investment  Commitment - Diamond  Tech.  The parties  shall have
negotiated in good faith a $750,000  investment  commitment on behalf of and for
the benefit of Diamond Tech.

          (vii) No Material  Adverse  Change.  There shall have been no material
adverse change in the condition,  financial or otherwise, of Diamond and Diamond
Tech.


--------------------------------------------------------------------------------
                                         SECURITIES PURCHASE AGREEMENT | PAGE 16

<PAGE>


XII. MISCELLANEOUS

     (a) Captions and Section  Numbers.  The headings and section  references in
this  Agreement are for  convenience of reference only and do not form a part of
this  Agreement  and are not intended to  interpret,  define or limit the scope,
extent or intent of this Agreement or any provision thereof.

     (b)  Section  References  and  Schedules.  Any  reference  to a  particular
"Article",  "section",  "paragraph",  "clause"  or other  subdivision  is to the
particular Article,  section,  clause or other subdivision of this Agreement and
any  reference  to a  Schedule  by  letter  will mean the  appropriate  Schedule
attached to this  Agreement and by such  reference the  appropriate  Schedule is
incorporated  into  and  made  part of this  Agreement.  The  Schedules  to this
Agreement are as follows:

     (c)  Severability of Clauses.  If any part of this Agreement is declared or
held to be invalid for any reason,  such invalidity will not affect the validity
of the  remainder  which will continue in full force and effect and be construed
as if this Agreement had been executed  without the invalid  portion,  and it is
hereby declared the intention of the parties that this Agreement would have been
executed  without  reference  to any  portion  which  may,  for any  reason,  be
hereafter declared or held to be invalid.

     (d)  Arbitration.  The parties  agree that any dispute  arising out of this
Agreement  shall be  submitted  to  arbitration  with the  American  Arbitration
Association at its Dallas,  Texas, office. Such arbitration shall be governed by
the Rules of Commercial Arbitration of the American Arbitration Association then
in effect.  Any award by the arbitrator or  arbitrators  shall be enforceable by
any court of competent jurisdiction.

     (e) Notice.  Any notice required or permitted to be given by any party will
be deemed to be given when in writing and delivered to the address for notice of
the  intended  recipient  by personal  delivery,  prepaid  single  certified  or
registered mail, or telecopier.  Any notice delivered by mail shall be deemed to
have been  received on the fourth  business day after and  excluding the date of
mailing,  except in the event of a disruption in regular postal service in which
event such notice shall be deemed to be delivered on the actual date of receipt.
Any notice  delivered  personally or by telecopier  shall be deemed to have been
received on the actual date of delivery.

     (f) Addresses for Service. The address for service of notice of each of the
parties hereto is as follows:

          (i)   Diamond and Diamond Tech:

                8733 Siegen Lane, Suite 309,
                Baton Rouge, Louisiana 70810
                Attention: David Loflin
                Telephone:
                          ---------------------
                Facsimile:
                          ---------------------

          (ii)  NewMarket and Acquisition Sub:

                14860 Montfort Drive, Suite 210
                Dallas, Texas 75245
                Attention: Lisa Hargraves
                Telephone: (972) 386-3372
                Facsimile: (972) 386-8165


--------------------------------------------------------------------------------
                                         SECURITIES PURCHASE AGREEMENT | PAGE 17

<PAGE>


                With a copy to:

                Sichenzia Ross Friedman Ference LLP
                1065 Avenue of the Americas
                New York, New York 10018
                Attn: Andrea Cataneo, Esq.
                Telephone: (212) 930-9700
                Faxsimile: (212) 930-9725

     (g) Change of Address. Any party may, by notice to the other parties change
its address for notice to some other address in North America and will so change
its address for notice  whenever  the  existing  address or notice  ceases to be
adequate  for  delivery by hand. A post office box may not be used as an address
for service.

     (h) Further  Assurances.  Each of the parties will execute and deliver such
further and other  documents  and do and perform  such further and other acts as
any other party may reasonably require to carry out and give effect to the terms
and intention of this Agreement.

     (i) Time of the Essence.  Time is  expressly  declared to be the essence of
this Agreement.

     (j) Entire Agreement. The provisions contained herein constitute the entire
agreement among and between the parties respecting the subject matter hereof and
supersede all previous communications,  representations and agreements,  whether
verbal or written,  among and between  the parties  with  respect to the subject
matter hereof.

     (k)  Enurement.  This Agreement will enure to the benefit of and be binding
upon the parties hereto and their respective heirs,  executors,  administrators,
successors and permitted assigns.

     (l) Assignment.  This Agreement is not assignable without the prior written
consent of the parties hereto.

     (m) Counterparts.  This Agreement may be executed in counterparts,  each of
which when  executed  by any party will be deemed to be an  original  and all of
which counterparts will together constitute one and the same Agreement. Delivery
of executed  copies of this  Agreement  by  telecopier  will  constitute  proper
delivery,  provided that originally  executed  counterparts are delivered to the
parties within a reasonable time thereafter.





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--------------------------------------------------------------------------------
                                         SECURITIES PURCHASE AGREEMENT | PAGE 18

<PAGE>


     (n)  Applicable  Law.  This  Agreement  shall be enforced,  governed by and
construed in  accordance  with the laws of the State of Delaware  applicable  to
agreements made and to be performed  entirely within such state,  without regard
to the principles of conflict of laws


     IN WITNESS  WHEREOF,  the parties have signed this  Agreement as of the day
and year first above written.

                                DIAMOND I, INC.

                                By:
                                   ----------------------
                                Name:
                                     --------------------
                                Title:
                                      -------------------

                                DIAMOND I TECHNOLOGIES, INC.

                                By:
                                   ----------------------
                                Name:
                                     --------------------
                                Title:
                                      -------------------

                                NEWMARKET TECHNOLOGY, INC.


                                By:
                                   ----------------------
                                Name:
                                     --------------------
                                Title:
                                      -------------------

                                NEWMARKET TECHNOLOGY ACQUISITION SUBSIDIARY

                                By:
                                   ----------------------
                                Name:
                                     --------------------
                                Title:
                                      -------------------





--------------------------------------------------------------------------------
                                         SECURITIES PURCHASE AGREEMENT | PAGE 19

<PAGE>


             CERTIFICATE OF DESIGNATION, VOTING POWERS, PREFERENCES
                 AND RIGHTS OF THE SERIES OF THE PREFERRED STOCK
                       OF DIAMOND I, INC. TO BE DESIGNATED
                           SERIES "B" PREFERRED STOCK

     Diamond I, Inc., a Delaware  corporation (the  "Corporation"),  pursuant to
Section 151 of the General Corporation Law of the State of Delaware, DOES HEREBY
CERTIFY:

     That pursuant to the authority conferred upon the Board of Directors by the
Amended and Restated Certificate of Incorporation of the Corporation,  the Board
of Directors of the Corporation,  acting by unanimous written consent in lieu of
a meeting, duly adopted the following resolutions creating a series of 2,000,000
shares  of  Preferred  Stock of the par  value of  $.001  each to be  designated
"Series B Preferred Stock":

     "RESOLVED,  that the Corporation be and it hereby is authorized to issue up
to 2,000,000  shares of a series of shares of  Preferred  Stock,  designated  as
Series  "B",  (the  "Series  B  Preferred  Stock"),  and  having  the  following
characteristics:

     Section 1.  Designation  and Amount.  The shares of such series  shall have
$.001 par value per share and shall be  designated  as Series B Preferred  Stock
(the  "Series B  Preferred  Stock")  and the number of shares  constituting  the
Series B Preferred Stock shall be Two Million (2,000,000).

     Section 2. Rank. Except for the voting rights  specifically  granted herein
which  shall  have  priority  over  all  other  outstanding  securities  of  the
Corporation,  the Series B Preferred  Stock shall rank:  (i) senior to any other
class or series of  outstanding  Preferred  Shares or series of capital stock of
the Corporation; (ii) prior to all of the Corporation's Common Stock, $0.001 par
value per share ("Common Stock");  (iii) prior to any class or series of capital
stock of the Corporation hereafter created not specifically ranking by its terms
senior to or on parity with any Series B Preferred Stock of whatever subdivision
(collectively,  with the Common Stock and the Existing Preferred Stock,  "Junior
Securities");  and (iv) on parity  with any class or series of capital  stock of
the Corporation  hereafter created  specifically  ranking by its terms on parity
with the  Series B  Preferred  Stock  ("Parity  Securities")  in each case as to
distributions  of assets  upon  liquidation,  dissolution  or  winding up of the
Corporation,  whether  voluntary or involuntary  (all such  distributions  being
referred to collectively as "Distributions").

     Section 3.  Dividends.  The Series B Preferred Stock shall bear no dividend
and shall have no right to receive  any  portion of cash to be  received  by the
Corporation  under that certain  promissory  note  described in Section 7(a) and
distributed  by the  Corporation  pursuant to that certain  Securities  Purchase
Agreement  (the  "Purchase  Agreement")  dated  March 8, 2007,  by and among the
Corporation,  Diamond I  Technologies,  Inc.,  a Nevada  corporation,  NewMarket
Technology,  Inc., a Nevada corporation,  and NewMarket  Technology  Acquisition
Subsidiary, a Nevada corporation.

     Section 4. Liquidation Preference.

          (a) In the event of any liquidation,  dissolution or winding up of the
Corporation,  either voluntary or involuntary, the Holders of shares of Series B
Preferred   Stock  shall  be  entitled   to  receive,   immediately   after  any
distributions to Senior Securities required by the Corporation's  Certificate of
Incorporation or any certificate of designation,  and prior in preference to any
distribution to Junior  Securities but in parity with any distribution to Parity
Securities, an amount per share equal to $1.00 per share. If upon the occurrence
of such  event,  and after  payment  in full of the  preferential  amounts  with
respect  to  the  Senior  Securities,  the  assets  and  funds  available  to be
distributed  among the  Holders  of the  Series B  Preferred  Stock  and  Parity
Securities  shall be  insufficient  to permit the payment to such Holders of the
full preferential amounts due to the Holders of the Series B Preferred Stock and
the Parity  Securities,  respectively,  then the entire  assets and funds of the
Corporation  legally  available for distribution  shall be distributed among the
Holders of the Series B  Preferred  Stock and the Parity  Securities,  pro rata,
based on the respective  liquidation  amounts to which each such series of stock
is  entitled  by  the   Corporation's   Certificate  of  Incorporation  and  any
certificate(s) of designation  relating thereto.

<PAGE>


          (b) Upon the  completion  of the  distribution  required by subsection
4(a), if assets remain in the Corporation,  they shall be distributed to holders
of  Junior  Securities  in  accordance  with the  Corporation's  Certificate  of
Incorporation including any duly adopted certificate(s) of designation.

     Section 5.  Redemption by  Corporation.  The  Corporation has no redemption
right.

     Section 6.  Voting  Rights.  The Record  Holders of the Series B  Preferred
Shares  shall have the right to vote on any matter with  holders of common stock
voting together as one (1) class.  The Record Holders of the 2,000,000  Series B
Preferred  Shares  shall have that  number of votes  (identical  in every  other
respect to the voting rights of the holders of other Series of voting  preferred
shares  and the  holders  of common  stock  entitled  to vote at any  Regular or
Special Meeting of the Shareholders) equal to that number of common shares which
is not less than 60% of the vote required to approve any action,  which Delaware
law  provides may or must be approved by vote or consent of the holders of other
series  of voting  preferred  shares  and the  holders  of common  shares or the
holders of other securities entitled to vote, if any.

     The Record  Holders of the Series B Preferred  Shares  shall be entitled to
the same notice of any Regular or Special Meeting of the  Shareholders as may or
shall be given to  holders  of any other  series  of  preferred  shares  and the
holders of common shares entitled to vote at such meetings. No corporate actions
requiring majority shareholder approval or consent may be submitted to a vote of
preferred  and  common  shareholders  which in any way  precludes  the  Series B
Preferred  Stock from exercising its voting or consent rights as though it is or
was a common shareholder.

     For purposes of determining a quorum for any Regular or Special  Meeting of
the Shareholders,  the 2,000,000 Series B Preferred Shares shall be included and
shall be deemed as the equivalent of 60% of all common shares represented at and
entitled to vote at such meetings.

     For period of one year immediately  following the issuance of the shares of
the Series B Preferred Stock, the Record Holders of the Series B Preferred Stock
shall be forbidden from effecting a reverse split of the  outstanding  shares of
the  Corporation's  common stock,  without the affirmative vote of not less than
66.67% of the then-outstanding shares of the Corporation's common stock.

     Section 7.  Suspension of Voting  Rights.  If, at any time during which any
shares of the Series B Preferred Stock are outstanding, any payment owing to the
Corporation  under the  Dividend  Note,  as that term is defined in the Purchase
Agreement,  in favor of the  Corporation  shall  not be  current,  the  Series B
Preferred  Stock  shall  possess  none of the voting  rights  otherwise  granted
herein.

     The Dividend Note  referred to in the foregoing  paragraph are described as
follows:  Promissory note, dated March 8, 2007, face amount $2,000,000.00,  with
NewMarket Technology Acquisition Subsidiary, a Nevada corporation, as maker, and
Diamond I, Inc., a Delaware corporation, as payee.

     Section 8.  Protective  Provision.  So long as shares of Series B Preferred
Stock are  outstanding,  the Corporation  shall not, without first obtaining the
approval  (by vote or written  consent,  as  provided  by  Delaware  Law) of the
Holders of at least seventy-five percent (75%) of the then outstanding shares of
Series B Preferred Stock:

          (a) alter or change  the  rights,  preferences  or  privileges  of the
Series B Preferred Stock so as to affect adversely the Series B Preferred Stock.

          (b) create any new class or series of stock having a  preference  over
the Series B  Preferred  Stock  with  respect to  Distributions  (as  defined in
Section  2 above)  or  increase  the size of the  authorized  number of Series B
Preferred.


<PAGE>


     In the event  Holders of at least  seventy-five  percent  (75%) of the then
outstanding shares of Series B Preferred Stock agree to allow the Corporation to
alter or change the rights,  preferences or privileges of the shares of Series B
Preferred Stock,  pursuant to subsection (a) above, so as to affect the Series B
Preferred  Stock,  then the  Corporation  will deliver  notice of such  approved
change to the Holders of the Series B Preferred Stock that did not agree to such
alteration or change.

     Section 9. Preference  Rights.  Nothing contained herein shall be construed
to prevent the Board of  Directors  of the  Corporation  from issuing one (1) or
more series of Preferred  Stock with  dividend  and/or  liquidation  preferences
junior to the dividend  and  liquidation  preferences  of the Series B Preferred
Stock.

     Section 10. General Provisions.

          (a) General  Definition.  Except as otherwise  defined for purposes of
particular sections hereinabove, the term "outstanding" when used with reference
to shares of stock  shall  mean  issued  shares,  excluding  shares  held by the
Corporation or a subsidiary.

          (b)  Accounting  Terms.  All  accounting  terms  used  herein  and not
expressly  defined  herein shall have the meaning as given to them in accordance
with generally accepted accounting principles.

          (c) Headings. The headings of the paragraphs,  subparagraphs,  clauses
and  subclauses  hereof  are for  convenience  of  reference  only and shall not
define, limit or affect any of the provisions hereof."

     IN WITNESS WHEREOF,  said Diamond I, Inc. has caused this certificate to be
signed     by    its    duly     authorized     officers     this    ____    day
of____________, 2007.

                                            DIAMOND I, INC.
ATTEST:
                                            By:
                                               ---------------------------------
---------------------------------              David Loflin
Waddell D. Loflin                              President
Secretary


<PAGE>


THESE   SECURITIES  HAVE  BEEN  ISSUED  IN  RELIANCE  UPON  THE  EXEMPTION  FROM
REGISTRATION AFFORDED BY SECTION 4(2) OF THE SECURITIES ACT OF 1933, AS AMENDED,
AND MAY NOT BE TRANSFERRED WITHOUT  REGISTRATION,  EXCEPT IN TRANSACTIONS EXEMPT
FROM SUCH REGISTRATION.

                                 PROMISSORY NOTE

$2,000,000.00                                                  ___________, 2007

     FOR VALUE  RECEIVED,  with  reference  being  made  hereby to that  certain
Securities  Purchase  Agreement,  by and  among  Diamond  I,  Inc.,  a  Delaware
corporation  ("Payee"),  Diamond I  Technologies,  Inc.,  a Nevada  corporation,
NewMarket Technology,  Inc., a Nevada corporation  ("Guarantor"),  and NewMarket
Technology Acquisition Subsidiary,  a Nevada corporation ("Maker"),  dated as of
March 8, 2007, the undersigned,  Maker, promises,  pursuant to the terms of this
Promissory Note (the "Note"),  to pay to Payee (Payee and any subsequent holders
hereof are hereinafter  referred to  collectively  as "Holder"),  at 8733 Siegen
Lane,  Suite 309,  Baton Rouge,  LA 70810,  or at such other place as Holder may
designate to Maker in writing  from time to time,  the amount of TWO MILLION AND
NO/100 DOLLARS  ($2,000,000.00),  together with interest  thereon at the rate of
eight  percent  (8%) per annum  until  paid,  which  shall be due and payable as
follows:

     From the date of closing under the Purchase  Agreement and  continuing
     for a period of five years, Maker shall, on a quarterly basis, deliver
     to Holder  equal  payments of  principal,  plus all accrued and unpaid
     interest, until paid. In the event of default in payment in any amount
     due hereunder  when due,  Payee may declare this Note to be in default
     and all sums then unpaid shall be immediately due and payable.

     The  indebtedness  evidenced  hereby may be prepaid in whole or in part, at
any time and from time to time, without premium or penalty.

     All payments due pursuant to this Note shall be made in lawful money of the
United States of America in immediately available funds, at the address of Payee
indicated  above,  or such other place as Holder  shall  designate in writing to
Maker.  If any  payment  on this Note  shall  become due on a day which is not a
Business Day (as  hereinafter  defined),  such payment shall be made on the next
succeeding Business Day and any payment made pursuant to the foregoing shall not
be deemed late for  purposes of  assessing  interest  pursuant to the  preceding
paragraph. As used herein, the term "Business Day" shall mean any day other than
a Saturday,  Sunday or any other day on which national banking  associations are
authorized to be closed.

     As used herein,  the terms  "Maker" and "Payee"  shall be deemed to include
their respective  successors,  legal  representatives,  and assigns,  whether by
voluntary action of the parties or by operation of law.

     In  the  event  this  Note  is  placed  in the  hands  of an  attorney  for
collection,  or if Holder  incurs any costs  incident to the  collection  of the
indebtedness  evidenced  hereby,  Maker and any endorsers hereof agree to pay to
Holder an amount  equal to all such  costs,  including  without  limitation  all
reasonable attorneys' fees and all court costs.

     This  Note  shall  be the  joint  and  several  obligation  of all  Makers,
endorsers,  guarantors,  and sureties,  if any, as may exist now or hereafter in
addition to Maker,  and shall be binding upon them and their  respective  heirs,
administrators,  executors,  legal representatives,  successors, and assigns and
shall inure to the benefit of Payee and its successors and assigns.

     Notwithstanding  any provision to the contrary  contained  herein or in any
other  document,  it is  expressly  provided  that in no case or event shall the
aggregate  of any  amounts  accrued or paid  pursuant  to this Note or any other
document which under applicable laws are or may be deemed to constitute interest
ever exceed the maximum non-usurious interest rate permitted by applicable Texas
or federal laws, whichever permit the higher rate. In this connection, Maker and
Payee  stipulate  and agree  that it is their  common and  overriding  intent to
contract  in strict  compliance  with  applicable  usury  laws.  In  furtherance
thereof,  none of the terms of this Note  shall  ever be  construed  to create a
contract to pay, as  consideration  for the use,  forbearance  or  detention  of
money,  interest at a rate in excess of the maximum rate permitted by applicable
laws.  Maker  shall never be liable for  interest in excess of the maximum  rate
permitted by


<PAGE>


applicable  laws.  If, for any reason  whatever,  such interest paid or received
during  the full  term of the  applicable  indebtedness  produces  a rate  which
exceeds the maximum  rate  permitted  by  applicable  laws,  Holder shall credit
against the principal of such indebtedness (or, if such indebtedness  shall have
been paid in full,  shall refund to the payor of such  interest) such portion of
said interest as shall be necessary to cause the interest paid to produce a rate
equal to the maximum rate permitted by applicable  laws. All sums paid or agreed
to be paid to Payee for the use,  forbearance,  or detention of money shall,  to
the extent permitted by applicable law, be amortized,  prorated,  allocated, and
spread throughout the full term of the applicable  indebtedness.  The provisions
of this  paragraph  shall  control  all  agreements,  whether  now or  hereafter
existing and whether written or oral, between Maker and Payee.

THIS  PROMISSORY  NOTE AND ALL OTHER WRITTEN  AGREEMENTS  EXECUTED IN CONNECTION
HERE WITH  REPRESENT  THE FINAL  AGREEMENT  BETWEEN  THE  PARTIES AND MAY NOT BE
CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS
OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.


                                MAKER:


                                NEWMARKET TECHNOLOGY ACQUISITION SUBSIDIARY


                                By:
                                   ------------------------------
                                Name:
                                     ----------------------------
                                Title:
                                      ---------------------------



                                    GUARANTY

     FOR VALUE RECEIVED, the undersigned does hereby guarantee prompt and timely
payment of all sums due on the above Note and agrees to remain fully bound until
fully paid.


                                NEWMARKET TECHNOLOGY, INC.


                                By:
                                   ------------------------------
                                Name:
                                     ----------------------------
                                Title:
                                      ---------------------------