NVO Novo Resources Corp

NUVO Network Management Inc., (TSX VENTURE:NVO), a leading managed services
provider of solutions that MAXimize IT availability and performance, today
announces that it has won a new business contract with a large US based company
to manage its network and 7,500 IP Phones.


The new business contract is worth $2.6M to NUVO over a 60-month term. The roll
out of the managed services under this contract will commence in August with a
planned completion by the end of this calendar year.


NUVO will provide 24x7 remote monitoring and problem management for the WAN, LAN
and over 7,500 IP phones located in over 800 locations throughout North America,
as well as IP phone Help Desk support. NUVO is providing this service remotely
from its secure operation center in Ottawa. NUVO will also deploy MAXadvantage,
NUVO's on-demand, web-based, Network Management Solution to provide the customer
with access to performance reporting, change management and problem tracking
capabilities.


"This large organization required an integrated solution to manage and track
performance for their WAN, LAN and IP phone infrastructure", said Phil Weaver,
NUVO's President and CEO. "They needed a managed services supplier that could
demonstrate a high quality track record for their services, could provide
effective management of problems while maximizing network availability and could
handle the number of devices and the number of locations. NUVO was able to
demonstrate that we are perfectly suited to address the network and IP
management needs of this type of large, geographically dispersed organization."


About NUVO

NUVO provides remote management and protection of IT infrastructures for
businesses worldwide to maximize the availability of their computing
infrastructure. NUVO enables our customers to excel by delivering fully
integrated, proactive management software, services and business data. This
provides the critical information needed for effective analysis and
decision-making to maximize performance and control costs. NUVO achieves this
through certified experts, best-of-class technology, deep integration, highly
automated processes, and best practices in a 24x7, resilient infrastructure.
www.nuvo.com.


Forward Looking Statements

This press release contains forward-looking statements that involve significant
risks and uncertainties. The actual results, performance or achievements of the
Company might differ materially from the results, performance or achievements of
the Company expressed or implied by such forward-looking statements. Such
forward-looking statements include, without limitation, those regarding the
estimated aggregate revenue that may be earned by the Company under the
contract. The contract value in this release is based on current information
available and we can provide no assurance that the total payments received under
the contract will not be changed or be reduced over the life of the contract.
For a more detailed discussion of related risk factors, please refer to our
public filings available at www.sedar.com

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