(NVAE) Savanna East Africa Releases Webcast Following NewMarket Greenfield Partners Summit in Nairobi
23 Luglio 2010 - 3:25PM
Marketwired
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today
released a Webcast conducted by CEO Philip Verges providing a
progress update following a NewMarket Technology, Inc. (PINKSHEETS:
NWMT)(OTCQB: NWMT) Greenfield summit the Company hosted in Nairobi,
Kenya this week. Savanna East Africa joined the Greenfield program
earlier this year and the program has been an integral part of the
Company's development.
The Webcast reviews pending acquisitions and projects the
Company has been working on both independently and in partnership
with Greenfield partners NuMobile, Inc. (OTCBB: NUBL) and China
Crescent Enterprises, Inc. (OTCBB: CCTR), to include initiatives in
systems integration, mobile wallet technology, wireless metering,
health product manufacturing and affordable housing.
Savanna East Africa has partnered with NuMobile, a mobile
software and security provider, in the region to jointly pursue
opportunities to include a mobile cash and wireless utility support
solutions. Savanna East Africa is working with China Crescent to
offer high quality, affordable technology solutions sourced from
China in the emerging market of East Africa. The NewMarket
Greenfield Program endeavors to develop of a broad variety of early
stage, emerging market businesses opportunities with a high growth
potential.
The Webcast is available on the Company's new corporate website
www.savannaea.com under News & Webcasts, titled 'NewMarket
Greenfield Partners Summit Webcast (July 23, 2010)' or directly at
http://www.savannaea.com/webcasts/wbgf_72310.html.
Savanna East Africa launched its new site in conjunction with
the Company's recent corporate name change. Earlier this year, the
Company announced an updated business plan to expand into
developing a diverse range of high growth early stage business
opportunities in East Africa. Savanna East Africa is a
fully-reporting company with audited financial statements quoted on
the new 'OTCQB.' The Company was formerly known as Nova Energy,
Inc.
Savanna East Africa Information and Email
Newsletter To learn more about Savanna East Africa and to sign
up for company email alerts, please visit the newly launched
corporate website at www.savannaea.com.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile is building a portfolio of security and software solutions
for the global mobile computing and smartphone market. Through a
roll-up strategy, NuMobile plans to acquire and develop mobile
computing solutions for a variety of applications, including mobile
banking, for the global marketplace. The demand for mobile security
and software applications is being driven in large part by the
growing number of mobile phone sales into emerging economies that
currently do not have substantial access to the Internet via
desktop computing. Already in North America, the Company has also
forged a partnership in the Chinese market and is developing a plan
for the emerging economies of Latin America and East Africa.
NuMobile is a SEC fully-reporting public company listed on the
Over-the-Counter Bulletin Board.
About China Crescent Enterprises, Inc.
(www.chinacrescent.com) China Crescent is a systems
integration service provider that markets technology outsourcing
services in China including the sale and service of brand name
technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell.
Following a strategic acquisition last year, the Company expanded
its business line to include original design manufacturing (ODM).
China Crescent reported $45 million in profitable revenue in 2009
after reporting over $40 million in revenue for both 2007 and 2008
and has set a goal of reaching $100 million in revenue in 2010.
Headquartered in Dallas with operations in Shanghai, Shenzhen,
Dalian and Beijing, China Crescent bridges the gap between global
business cultures to assist clients worldwide realize the
advantages of the high quality, low cost technology products and
services available from China. China Crescent also assists clients
in localizing products and services to realize the tremendous
growth potential available by expanding into the Chinese
Market.
About NewMarket Technology, Inc.
(www.newmarkettechnology.com) NewMarket provides systems
integration, technology infrastructure services and emerging
technology worldwide. NewMarket has a focus on providing technology
and support services to rapidly growing economies where technology
purchasing is on the rise. In addition to its base of operations in
North America, NewMarket has operations today in the growing
economies of China, Southeast Asia, Brazil and Northern Latin
America. Overall, NewMarket reported over $95 million in revenue
for 2008 and reported over $98 million in profitable revenue for
2009.
Across the globe, NewMarket is a Microsoft and Oracle partner,
distributes various computer hardware and peripherals from brand
partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo
and is also an authorized reseller of operating systems and various
software from companies such as Red Hat, Sybase, IBM, BEA, Veritas
and others. Additionally, the Company works with emerging
technologies such as mobile computing, various security and
wireless broadband technologies. NewMarket's rapid growth since
2002 placed the Company on the Deloitte Technology Fast 500 for 5
consecutive years. NewMarket was recognized as the third fastest
growing technology company in the United States in 2006 and the
number one fastest growing technology company in North Texas for
two years in a row.
About Savanna East Africa, Inc.
(www.savannaea.com) Savanna East Africa, Inc. (NVAE),
previously named Nova Energy, Inc., launched an updated corporate
strategy early this year to pursue several business lines in the
growing economy of East Africa, initially in Kenya. Nova has
already begun several initiatives in the region to include
initiatives in the Technology, Utility, Housing and Health products
industries. The Company is also continuing to grow its existing oil
and gas reclamation business with new management and business
strategies.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995 This press release contains forward-looking
statements that involve risks and uncertainties. The statements in
this release are forward-looking statements that are made pursuant
to safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Actual results, events and performance could
vary materially from those contemplated by these forward-looking
statements. These statements involve known and unknown risks and
uncertainties, which may cause the Company's actual results in
future periods to differ materially from results expressed or
implied by forward-looking statements. These risks and
uncertainties include, among other things, product demand and
market competition. You should independently investigate and fully
understand all risks before making investment decisions.
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Contact: Savanna East Africa, Inc. info@savannaea.com
214-722-3044
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