SOURCE: Savanna East Africa, Inc.

Savanna East Africa, Inc.

May 17, 2011 09:11 ET

(NVAE) Savanna East Africa, Inc. Highlights ROI Potential of SME Market Strategy to Build Housing, Healthcare and High Tech Capacity Within Developing Economic Regions

DALLAS, TX--(Marketwire - May 17, 2011) - Savanna East Africa, Inc.'s (PINKSHEETS: NVAE) corporate update Webcast scheduled for release later today from CEO Randell Torno is expected to highlight the return on investment (ROI) potential of the Company's small and medium enterprise (SME) sector strategy to add housing, healthcare and high tech capacity within developing economic regions. The Company is focused on pursuing these three business lines in East Africa, initially in Kenya. The Webcast will also feature an update on progress to acquire and develop assets to support Company objectives within all three business lines. The Webcast will be posted to the Company's corporate website, www.savannaea.com, and emailed to the corporate opt-in email database upon release.

Savanna East Africa recently announced that the Company's corporate information has been updated on the OTC Markets website, www.otcmarkets.com. Included among the updated information is a current list of company officers, including recently appointed CEO Randell Torno. Savanna East Africa is an SEC reporting company that is up-to-date in its quarterly and annual reporting requirements and is in the 'OTCQB' market tier of the OTC Markets, a tier that indicates the Company is current in their reporting obligations with the SEC. Savanna's fiscal year end is June 30th and the Company's latest periodic report filed on Form 10-Q with the SEC provides quarterly results for the period ended December 31, 2010. It should be noted that the "Latest Report" line item under the OTC Markets' NVAE 'Company Profile' which references the last report being from 2008 refers strictly to OTC Market's Disclosures and does not reflect annual and quarterly reports filed with the SEC. The Company's SEC periodic financial reports and other corporate filings can be found: by clicking on the 'Financials' tab under the Company's OTC Markets' profile and scrolling down to SEC filings; by going to the SEC's website, www.sec.gov; or by going to Savanna's corporate website, www.savannaea.com, and clicking on the "Investors" tab.

About Savanna East Africa, Inc.(www.savannaea.com)
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.'

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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