DALLAS, TX--(Marketwire - September 21, 2010) - Savanna East Africa, Inc. (
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=NVAE:US
http://www.msnbc.msn.com/id/39076366
http://money.cnn.com/quote/quote.html?symb=NVAE
More detailed information on the Company's progress is available from the Company's website at www.savannaea.com.
Prime Equity Research Report
Savanna East Africa has also recently been reviewed in detail in an analyst report released by Prime Equity Research (www.primeequityresearch.com). Highlights of the research report and recent updates on the Company's progress are available in a Webcast presentation featuring a discussion on the initiation of independent analyst coverage by Prime Equity Research. The report and Webcast include an overview of Savanna's forecasted $10 million in revenue for fiscal year 2011 and its business plan for diversified offerings in East Africa to include initiatives in the Technology, Utility, Housing and Health products industries, and the continuation of the Company's oil reclamation business focus in the U.S.
A link to the Webcast is available on the corporate website Home and Investor Relations pages at www.savannaea.com or directly at http://www.savannaea.com/webcasts/wbpr_91610.html.
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. (NVAE), previously named Nova Energy, Inc., launched an updated corporate strategy early this year 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. 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.
Contact Information:
Contact:
Savanna East Africa, Inc.
info@savannaea.com
214-722-3044