SOURCE: Savanna East Africa, Inc.

Savanna East Africa, Inc.

October 05, 2010 10:16 ET

(NVAE) Savanna East Africa Schedules 4th Quarter Preview Webcast

DALLAS, TX--(Marketwire - October 5, 2010) -  Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) has scheduled a Webcast this Friday, October 8th to present a preview of the Company's anticipated activity and events for the 4th calendar quarter of 2010.

"We anticipate a number of acquisitions within the 4th calendar quarter of this year," said Philip Verges, CEO of Savanna East Africa. "I look forward to presenting highlights of our plans this Friday."

A link to the Webcast scheduled for Friday will be posted to the corporate website Investor Relations page at www.savannaea.com and emailed to the corporate opt-in email database upon release.

Analyst Research Report

Prime Equity Research recently released an analyst report on the Company's business plan and progress. To review a copy of the report, click here: http://tinyurl.com/36ahrla. The Report is also available on the Savanna corporate website at www.savannaea.com or the Prime Equity Research website at www.primeequityresearch.com.

NewMarket Greenfield Partnership Program

Savanna East Africa is participating in the NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) Greenfield Partnership Program and is hosting a trade mission to Kenya later this month. The CEOs of NewMarket and China Crescent Enterprises, Inc. (OTCBB: CCTR) and incoming CEO of NuMobile, Inc. (OTCBB: NUBL) will join the trade mission delegation. China Crescent and NuMobile are also participants in the Greenfield Partnership Program and the partner companies are working together on a number of projects in East Africa that will be featured on the trade mission, including a wireless, real-time utilities metering initiative that is slated for demonstration during the trade mission. The trade mission venue will also include two days of presentations and training for local entrepreneurs in East Africa on start-up and early stage financing, sales and marketing strategies. The Greenfield Program released a Webcast discussing the upcoming Trade Mission agenda and objectives last Friday. To listen to the Webcast click here: http://tinyurl.com/2d4er4y or visit the NewMarket Technology website at www.newmarkettechnology.com.

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.

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. 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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