SOURCE: Nova Energy, Inc.

February 24, 2010 10:07 ET

NewMarket Technology, Inc. Greenfield Partner Nova Energy, Inc. (NVAE) Announces Profile on New York Times Website Recognizing Company's OTCBB Listing

DALLAS, TX--(Marketwire - February 24, 2010) - Nova Energy, Inc. (OTCBB: NVAE) today announced its profile is available on the New York Times website.

"Nova Energy is working to get news about our updated business strategy out to the investment community," said Hugh G. Robinson, CEO of Nova. "The Company has been dormant for some time, but has recently had a corporate change of control and I have also come on board in the last few weeks as the new CEO. One issue we have unexpectedly faced is recognition by the various brokerage systems that the Company is fully-reporting and listed on the OTCBB. I believe being acknowledgement by well-recognized financial sites such as the New York Times website that the Company is an OTCBB quoted security will help to overcome this issue. Now we have to work on getting the current information updated and on other sites. Much of the electronic information available on various news sites is still out of date. I have included current information about the Company below in addition to a link to the introductory, but growing company website."

CEO - Retired Major General Hugh G. Robinson

Newly appointed as CEO of Nova, 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 Master's 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.

NewMarket Technology, Inc. Greenfield Partnership Program

Nova Energy is a member of the NewMarket Technology, Inc. (PINKSHEETS: NWMT) Greenfield Partnership Program and has launched an updated business strategy focused on the technology, utility, housing and health products industries of East Africa. NewMarket started the Greenfield Partnership Program to accelerate the introduction of new technologies into emerging markets around the world where technology buying is on the rise, while improving return on investment (ROI) potential. As part of the Greenfield Program participant companies are able to partner with each other to provide complementary technologies. Other Greenfield Program companies include Alternet Systems, Inc. (OTCBB: ALYI) and NuMobile, Inc. (OTCBB: NUBL), both in the mobile technology space. Nova Energy and other participating Greenfield Program companies were featured in a recent Greenfield Partner Webcast to provide strategic updates on the companies and their business strategies.

The Webcast titled 'Greenfield Partnership Program Update Webcast' is available at

To receive future updates on Nova Energy, please email to opt-in to the Company's email database.

About NewMarket Technology, Inc. (

NewMarket is a reporting company with audited financial reports filed with the SEC. 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. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.

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 has 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 Nova Energy, Inc.

Nova Energy, Inc. has launched an updated business strategy and is under new management. Retired Major General Hugh G. Robinson, former Chairman of the Dallas Federal Reserve has assumed the role of Chief Executive Officer. Under General Robinson's leadership, Nova plans 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 the Technology, Utility, Housing and Heath 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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