SOURCE: Nova Energy, Inc.

April 06, 2010 09:00 ET

Nova Energy (NVAE) to Present NewMarket (NWMT) Systems Integration Partnership, Health and Housing Industry Projects, $1 Million Investment and $1.4 Million Acquisition

DALLAS, TX--(Marketwire - April 6, 2010) -  Nova Energy, Inc. (PINKSHEETS: NVAE) is scheduled to release a strategic update Webcast tomorrow to provide further details on its health and housing industry projects, the recently announced $1 million funding commitment and the Company's partnership with the NewMarket Technology, Inc. (PINKSHEETS: NWMT) Greenfield Program. The Webcast is expected to further include more information on the recently announced plans to acquire a $1.4 million oil drilling asset. The presentation will be conducted by interim CEO Philip Verges. 

This year, Nova Energy launched an updated corporate strategy to pursue several business lines in the growing economy of East Africa, to include the housing and health products industry. The Company plans to also continue to redevelop known oil reserves in North America. The Webcast will be made available on-demand on the Nova Energy corporate website upon release.

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Nova is expanding its website and plans to issue regular updates on Company progress via email to its opt-in, permission-based email database. To join the email database, please send an email to

About Nova Energy, Inc.

Nova Energy, Inc. has launched an updated corporate strategy 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.

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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