SOURCE: Savanna East Africa, Inc.

Savanna East Africa, Inc.

December 29, 2010 10:40 ET

(NVAE) Savanna East Africa Acquisition Strategy and ROI Potential Featured in 'OTC (BB) Factor' Webcast

DALLAS, TX--(Marketwire - December 29, 2010) - Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) has been featured in a NewMarket Technology, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD) Greenfield Partnership Program Webcast titled the ''The OTC(BB) Factor -- A Different Perspective On Achieving An ROI'' discussing specific investment parameters to take under consideration when investing in the over-the-counter market. The presentation features the PPS performance potential of Greenfield Partner companies and delineates different 'types' of companies quoted on the over-the-counter market while suggesting different investment expectations associated with each 'type' and suggesting specific strategies to achieve investment expectations. A link to the Webcast is posted on the NewMarket Technology website www.newmarkettechnology.com on the Investor Relations page (direct link: http://tinyurl.com/GFWebcast1221). Savanna is a NewMarket Technology Greenfield Partnership Program participant.

Savanna to Present 2011 Plans for Rapid Growth Early Next Year

Savanna has scheduled a Webcast for January 6, 2011 to present the Company's plans for rapid growth in 2011. Early in 2010, Savanna East Africa announced an expanded business plan to develop a diverse portfolio of high growth potential business operations in East Africa. Portfolio targets include opportunities in the East African health products, housing and utility markets. Savanna recently announced the completion of its first acquisition in Kenya, with two additional pending acquisitions. Based on Savanna's recent acquisition progress, in addition to organic sales traction, management is currently considering an upward revision of the Company's current $10 million 2011 revenue objective. A link to the Webcast will be posted to the corporate website www.savannaea.com and emailed to the Savanna opt-in email database upon release.

Savanna East Africa Information and Email Newsletter
To learn more about Savanna East Africa and to sign up for company email alerts, please visit the corporate website at www.savannaea.com.

About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy early this year to pursue several business lines in the growing economy of East Africa, initially in Kenya. Savanna has already begun several initiatives in the region to include initiatives in the Technology, Utility, Housing and Health products industries. The Company is also continuing to grow its existing oil and gas reclamation business with new management and business strategies. Savanna East Africa is a fully-reporting company with audited financial statements quoted on the new 'OTCQB.'

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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