(NVAE) Savanna East Africa Announces $10 Million Annual Revenue Forecast
28 Luglio 2010 - 7:15PM
Marketwired
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) plans to
release a Webcast tomorrow, July 29th, on its corporate website
(www.savannaea.com) presenting the Company's $10 million annual
revenue forecast. Savanna is a fully-reporting company with audited
financial statements. Savanna recently completed a corporate
reorganization and restructuring to support a strategic business
plan update and renewal.
CEO Letter to Shareholders
Savanna recently published a letter to shareholders from Chief
Executive Officer (CEO) Philip Verges detailing the Company's
innovative strategic expansion into developing a variety of high
growth business opportunities in East Africa. The letter includes a
brief history of the pioneering business strategy in East Africa
and acquisition pipeline.
The letter is available in its entirety here:
http://www.savannaea.com/news/news72210_1.html.
Greenfield Webcast on Nairobi Summit
Savanna recently released a Webcast providing a progress update
following a NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB:
NWMT) Greenfield summit the Company hosted in Nairobi, Kenya last
week. Savanna joined the Greenfield program earlier this year and
the program has been an integral part of the Company's
development.
The Webcast reviews a letter of intent to acquire a systems
integration operation in Nairobi and other 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 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 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 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 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 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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