DALLAS, TX--(Marketwire - March 18, 2011) - Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE), a NewMarket Technology, Inc. (OTCQB: NWMT) Greenfield Partner, has released a Webcast from CEO Randell Torno to discuss next steps on a prospective 200 unit public housing project as well as a potential university youth hostel project in Kenya. Next week, Mr. Torno will be traveling to meet with Kenya's National Housing Corporation (NHC) to further refine the development of these initiatives. Earlier this year, Savanna and NewMarket hosted meetings in New York City with Kenya's Ministry of Housing and the NHC. NHC's mission is to provide safe, affordable and sustainable living accommodations for Kenyans who are today without adequate housing. To learn more about Savanna's housing initiatives in Kenya and the business opportunity, listen to the on-demand Webcast available now at www.savannaea.com.
About NewMarket Greenfield Partnership Program
NewMarket (PINKSHEETS: NWMT) launched the Greenfield Program 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, such as in China, Southeast Asia, South and Central America and East Africa, as well as in North America.
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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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Savanna East Africa
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