(NVAE) Savanna East Africa Schedules Webcast to Present Kenya Slum Upgrade Initiatives and Wireless Broadband Projects With (CCT
18 Gennaio 2011 - 5:39PM
Marketwired
NewMarket Technology, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD) along
with Greenfield partner Savanna East Africa, Inc. (PINKSHEETS:
NVAE) (OTCQB: NVAE) and Vita Developments (www.vitadev.org) will be
hosting strategic meetings in New York City this week with Kenya's
Ministry of Housing. The Kenya Ministry of Housing has launched a
slum upgrade project that has already piloted a relocation of
Kibera slum residents to a temporary housing area pending a tear
down and rebuild of their former housing facilities. NewMarket,
Savanna East Africa and Vita Developments are partnering in Kenya
in an effort to contribute to and accelerate the Ministry of
Housing's slum upgrade project.
Separately, NuMobile, Inc. (OTCBB: NUBL), China Crescent
Enterprises, Inc. (OTCBB: CCTR) and Savanna East Africa have
partnered to build a wireless broadband network in Nairobi, Kenya.
The joint project was developed through the NewMarket Technology
Greenfield Partnership Program. The broadband network is intended
to provide a wireless meter reading capability to local utility
companies. After successful completion of the testing phase, the
wireless broadband project is expected to expand throughout
Nairobi, followed by expansion to additional cities and countries
throughout East Africa.
Savanna East Africa plans to release a Webcast after the
meetings to update shareholders and interested investors on their
progress and next steps. A link to the Webcast will be posted at
www.savannaea.com upon release.
About NewMarket Greenfield Partnership
Program NewMarket launched the Greenfield Program last year to
facilitate the start-up and early stage development of high-growth
potential businesses. The Greenfield Program concentrates on early
stage, rapid growth opportunities in the world's emerging markets,
with program participants in China, Southeast Asia, South and
Central America and East Africa, in addition to a handful of
program participants in North America.
Follow the Greenfield Partnership Program on Facebook at:
http://tinyurl.com/greenfieldpp and on Twitter at
http://twitter.com/greenfieldpp.
About Savanna East Africa, Inc. (www.savannaea.com) Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB:
NVAE) launched an updated corporate strategy early this year to
pursue several business lines in the growing economy of East
Africa, initially in Kenya. Savanna 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. Savanna East
Africa is a fully-reporting company with audited financial
statements quoted on the new 'OTCQB.'
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. Email Contact
214-722-3044
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