SOURCE: Nova Energy, Inc.

February 09, 2010 09:21 ET

Nova Energy, Inc. Announces Former Chairman of Federal Reserve Bank of Dallas Hugh Robinson as New CEO and Business Plan Expansion Into East Africa

DALLAS, TX--(Marketwire - February 9, 2010) - Nova Energy, Inc. (OTCBB: NVAE) today announced Hugh Robinson has been appointed as Chief Executive Officer. Mr. Robinson has been appointed in conjunction with a recent corporate change of control. On Tuesday, February 16, Mr. Robinson will conduct an exclusive Webcast to present Nova Energy's updated strategic plan and expansion into East Africa. The Webcast will be available on-demand and a link to the Webcast will be published upon release next Tuesday.

Retired Major General Hugh G. Robinson

Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a retired Major General with a distinguished career serving in the United States Army. Among other prestigious posts, Mr. Robinson served as President Lyndon Johnson's military aide de camp. In addition to his public service experience, Mr. Robinson's career has included extensive executive management experience with senior positions at Southland Corporation and City Place Development Corporation. He is a graduate of the United States Military Academy at West Point and earned a Masters Degree in Civil Engineering from the Massachusetts Institute of Technology (MIT). In addition to his role as CEO at Nova Energy, Mr. Robinson currently serves on the board of Carmax, Inc., the LBJ Foundation and the Better Business Bureau.

Nova Energy Videocast

Mr. Robinson and Nova Energy were recently featured in the NewMarket Technology, Inc. (PINKSHEETS: NWMT) 2010 Virtual Town Hall. The videocast presentation is available on-demand at


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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