SOURCE: Savanna East Africa, Inc.

Savanna East Africa, Inc.

January 18, 2011 11:40 ET

(NVAE) Savanna East Africa Schedules Webcast to Present Kenya Slum Upgrade Initiatives and Wireless Broadband Projects With (CCTR) China Crescent and (NUBL) NuMobile

DALLAS, TX--(Marketwire - January 18, 2011) - NewMarket Technology, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD) along with Greenfield partner Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) and Vita Developments (www.vitadev.org) will be hosting strategic meetings in New York City this week with Kenya's Ministry of Housing. The Kenya Ministry of Housing has launched a slum upgrade project 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.

Separately, NuMobile, Inc. (OTCBB: NUBL), China Crescent Enterprises, Inc. (OTCBB: CCTR) and Savanna East Africa have partnered to build a wireless broadband network in Nairobi, Kenya. The joint project was developed through the NewMarket Technology Greenfield Partnership Program. The broadband network is intended to provide a wireless meter reading capability to local utility companies. After successful completion of the testing phase, the wireless broadband project is expected to expand throughout Nairobi, followed by expansion to additional cities and countries throughout East Africa.

Savanna East Africa plans to release a Webcast after the meetings to update shareholders and interested investors on their progress and next steps. A link to the Webcast will be posted at www.savannaea.com upon release.

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: http://tinyurl.com/greenfieldpp and on Twitter at http://twitter.com/greenfieldpp.

About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) 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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