Contact Information: Contact: Nova Energy, Inc. ir@novaei.com 214-722-3029
NuMobile (NUBL) and Nova (NVAE) Announce African Wi-Fi Project Partnership Updates
| Source: Nova Energy, Inc.
DALLAS, TX--(Marketwire - March 15, 2010) - Nova Energy, Inc. (OTCBB : NVAE ) is scheduled to
release an on-demand Webcast this Thursday, March 18th. The Webcast,
planned to be conducted by interim CEO Philip Verges, will present the
latest updates on the Company's Wi-Fi project in Kenya. Nova is working in
partnership with NuMobile, Inc. (OTCBB : NUBL ) to build a wireless broadband
network to support local utility authorities. The scheduled Webcast is
also set to include a presentation of the Company's trade mission to Kenya
next week to explore opportunities to implement an affordable housing
initiative. Nova Energy is pursuing several initiatives in East Africa,
initially in Kenya, to include initiatives in the technology, utility,
housing and health products industries. A link to the Webcast will be
posted on the Company's corporate website www.novaei.com upon release.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile is building a portfolio of security and software solutions for the
global mobile computing and smartphone market. Through a roll-up strategy,
NuMobile plans to acquire and develop mobile computing solutions for a
variety of applications, including mobile banking, for the global
marketplace. The demand for mobile security and software applications is
being driven in large part by the growing number of mobile phone sales into
emerging economies that currently do not have substantial access to the
Internet via desktop computing. Already in North America, the Company has
also forged a partnership in the Chinese market and is developing a plan
for the emerging economies of Latin America and East Africa. NuMobile is a
SEC fully-reporting public company listed on the Over-the-Counter Bulletin
Board.
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.
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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
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