SOURCE: Savanna East Africa, Inc.

Savanna East Africa, Inc.

February 16, 2011 09:11 ET

(NVAE) Savanna East Africa Announces Greenfield OTC Investment Strategy Tutorial for Investors and Entrepreneurs

DALLAS, TX--(Marketwire - February 16, 2011) - Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today announced a Webcast scheduled for release tomorrow, February 17th from the NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) Greenfield Partnership Program to present an over-the-counter market investment strategy tutorial. The Webcast is targeted at both novice and advanced OTC investors as well as entrepreneurs seeking growth capital from the OTC Private Investment in Pubic Equity (PIPE) market.

"The good news for OTC investors should be that average share prices are up according to OTCBB statistics," said Philip Verges, founder of the Greenfield Partnership Program. "However, I would not suggest an investment strategy based on an OTCBB increasing price per share trend. While the average OTCBB price per share increased approximately 35% in 2010 compared to 2009, the number of securities traded on the OTCBB decreased by almost 30%. The number of market makers per OTCBB security is down 67% from January 2010 to January 2011. The number of total positions held in OTCBB securities is down 72%. Nevertheless, total share volume and dollar volume is up. The OTC environment is changing dramatically. Both OTC investors and entrepreneurial management teams need to review the changing OTC landscape and correspondingly update their go to market strategies."

The Greenfield Partnership Program was launched more than a year ago to support entrepreneurial, high growth companies in achieving their operational and business objectives and has been instrumental in assisting member companies with fundraising and market penetration.

New CEO Webcast
Savanna recently released a Webcast introducing newly appointed Chief Executive Officer, Lieutenant Colonel (Retired) Randell Torno. LTC Torno has extensive experience in East Africa having recently completed a recall to Active Service from 2007 to 2010, where he last served as the Chief of the United States Africa Command's Assistance Mission to the Ethiopian Defense Command and Staff College in Addis Ababa, Ethiopia from late 2008 to September 2010. Over the past half year, LTC Torno has also traveled with Savanna East Africa to lead meetings during the Company's Trade Mission to Kenya last October and most recently with the Kenyan Ministry of Housing in New York City. The Webcast is currently available for review on the Company's corporate website at

Philip Verges, the founder of the NewMarket Greenfield Partnership Program has been serving as the interim CEO since Major General Hugh Robinson, the founding CEO, passed away early last year. Mr. Verges will remain as Chairman of Savanna East Africa.

Savanna and Kenya Ministry of Housing Update Webcast
Savanna and the NewMarket Greenfield Program recently released a Webcast reporting on meetings held in New York City in January with Kenya's Ministry of Housing and the National Housing Corporation of Kenya.

The Kenya Ministry of Housing has launched a slum upgrade project (KENSUP) that has already piloted a relocation of Kibera slum residents to a temporary housing area pending a tear down and rebuild of their former housing facilities. NewMarket, Savanna East Africa and Vita Developments ( are partnering in Kenya in an effort to contribute to and accelerate the Ministry of Housing's slum upgrade project.

The Kenya Ministry of Housing Update Webcast is also available for on-demand review and commenting at

About NewMarket Greenfield Partnership Program
NewMarket launched the Greenfield Program last year to facilitate the start-up and early stage development of high-growth potential businesses. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America.

Follow the Greenfield Partnership Program on Facebook at: and on Twitter at

About Savanna East Africa, Inc. (
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy last 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.'

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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