SOURCE: Nova Energy, Inc.

March 04, 2010 09:00 ET

Nova Energy, Inc. PPS Increase Potential From Upcoming Milestone Events Featured in Not-For-Profit Small Equity Initiative On-Demand Webcast

DALLAS, TX--(Marketwire - March 4, 2010) - Nova Energy, Inc. (OTCBB: NVAE) today announced the Company has been featured in an on-demand Webcast from the not-for-profit Small Equity Initiative being released later today. The Webcast presents the milestone investment strategy developed to enhance return on investment potential for self-directed retail investors when making investments in early stage, publicly listed companies. Nova Energy is pursuing several initiatives in East Africa, initially in Kenya, to include initiatives in the technology, utility, housing and health products industries. The Company is quoted on the OTCBB and files its periodic reports. The Company is also dually quoted on the Pinksheets under 'NVAE'. The milestone return on investment potential of Nova is reviewed in the presentation. The Webcast is scheduled to be released later today at www.smallequity.com and a direct link to the presentation will be http://www.smallequity.com/wb_mi_3_4_2010.html.

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About Nova Energy, Inc. www.novaei.com

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. Nova Energy has also launched a communications and awareness campaign. The Company is quoted on the OTCBB and files its periodic reports. The Company is also dually quoted on the Pinksheets under NVAE.

"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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